Description:
ECI Group is currently recruiting an Acquisitions Director to join our team in its Atlanta headquarters to assist senior management with all aspects of the company’s apartment acquisition, disposition and financing activity in the Southeast and Texas. We are looking for a dynamic leader with exceptional communication and interpersonal abilities to help ECI achieve our strategic growth objectives by ensuring we are making informed and empowered acquisition decisions.
About Us
ECI Group has been building communities and enriching lives for over 50 years by developing, building, investing in, and operating multifamily housing throughout the Southeast. While ECI is proud of its history, we are even more excited about our future. We are privately owned and fully integrated – developing, constructing, and managing our properties. ECI Group owns and operates approximately 7,000 + units, with more communities in active development. At ECI, we are guided by our core values, the heart of which is working as One Team, Better Together.
What’s In It for You?
In addition to competitive pay, ECI’s robust benefits package includes:
- Bonus potential
- 20% rental discount at ECI properties
- Health, dental, vision, and short and long-term disability insurance
- Paid time off and company holidays
- 401k plus 4% company match
- Wellness plans, flexible spending accounts, and dependent care
- Participation in professional development programming
What You’ll Do
- Identify and track potential apartment acquisition opportunities in assigned geographic region
- Submit and negotiate letters of intents and purchase and sale agreements for apartment acquisitions
- Manage apartment acquisition due diligence and closing process, which includes interface with the company’s asset management and management divisions and 3rd party consultants
- Manage financing apartment acquisitions and refinancing apartments already owned by the company, which includes preparation of loan request package, obtaining term sheets, negotiating term sheet with selected lender, providing due diligence information to selected lender, negotiating loan documents and managing loan closing process
- Manage apartment dispositions, which includes preparation of internal valuation, obtaining valuations from brokers, approval of broker offering memorandum, negotiating purchase and sale agreement and conveyance documents, and managing due diligence and closing process
- Manage obtaining investment committee approvals for apartment acquisitions, dispositions and financings, which includes preparation of digital investment committee presentations
- Maintain organized electronic files for all transactions
- Manage real estate investment analyst and administrative staff
- Prepare financial models to analyze apartment acquisition opportunities and disposition and financing strategies (in Excel)
- It is expected that this position will work from the office when not traveling for work, but reasonable remote working accommodations will be considered on a case-by-case basis
- Execution of other duties and projects assigned by senior management
Requirements:
What You’ll Need
- Bachelor’s degree in Real Estate, Finance, Economics, Accounting or related field
- 5-10+ years of apartment acquisitions experience, preferably in the Southeast and Texas
- Advanced proficiency in Microsoft Office Suite, particularly Excel
- Strong written and verbal communications kills
- Excellent organizational and time management skills
- Positive and professional demeanor
- Proactive and resourceful
- Strong work ethic and willingness to work as needed to handle transaction closings and other important matters
- Self-starter with ability to work independently with limited supervision
- Ability to handle multiple priorities and meet deadlines
- Pride in work product and attention to detail
What’ll Set You Apart
- Appreciation for teamwork and ability to build effective working relationships with employees at all levels of the company
- Highest degree of integrity
ECI Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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