Position Available: VP, Institutional Acquisition
Location: Austin, TX or Remote
Reporting to the EVP of Brokerage, will oversee the Institutional and Bulk single-family home and land acquisitions, investment committees, and managing a team of Senior Sourcing Associates. Responsibilities include but not limited to:
- Operational Oversight leader of the business plan and execution of Institutional and Bulk acquisitions through the operations of the platform
- Originating business in every division—tailored to +30-unit SFR Portfolios, +50 lot portfolios, establishing relationships with each market’s top 10 home builders, Bulk Portfolio Owners, and Institutional Owners
- Managing existing and forming new institutional relationships (owner, brokerage, servicer/bank)
- Tracking team success and generating monthly reports (i.e. KPI) to submit and present to EVP)
- Manage Senior Associates responsible for identifying and underwriting investment opportunities in accordance with corporate directives
- Driving in place acquisition divisions and creating alternate channels
- Ensures cross-functional operational feedback occurs on each asset to improve buy box, process, and decision making upstream and downstream
- Effectively communicate internally and externally
Company Info: Parent Company, along with its affiliates and subsidiaries, has more than 1,000 employees, $5 billion under management and approximately $15 billion under advisement and oversight. Company’s residential division manages over 25,000+ homes nationally which will double in size in the near future.
Key Requirements:
-
Bachelor’s degree in Real Estate, Business, Finance – Master’s degree preferred
-
5+ years of experience, High Unit / High Dollar real estate acquisitions at the Institutional and Bulk Owner level
-
Demonstrated experience building and leading teams
-
Strong communication skills at all levels within the organization.
-
Data analytics-driven, and able to create & deliver reports for executive leadership and investors