Sr. Acquisitions Manager
Sr. Acquisitions Manager
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Salary Not Disclosed
1 Vacancy
Job Description
JOB FUNCTION:
The Senior Acquisitions Manager is responsible for leading the sourcing evaluation and execution of real estate investment opportunities with a focus on commercial property acquisitions land acquisition and evaluating development potential of existing land holdings. This role plays a key part in aligning the acquisition strategy with the companys broader investment and development goals. The position requires strategic thinking strong financial acumen and a collaborative approach to working across internal teams and with external stakeholders along with a proactive mindset for deal sourcing and cultivating a robust network of industry contacts.
WHO WE ARE:
At Property Reserve our people values and work come together to build something greater. Property Reserve is the real estate investment arm of the reserve funds for The Church of Jesus Christ of Latterday Saints. In the spirit of timetested selfreliance principles Property Reserve creates sustainable cash flow for future needs.
As caretakers of sacred funds we invest in incomegenerating properties and land to support the Churchs mission. Our focus is on the acquisition buildtohold development and portfoliolevel management of office industrial multifamily buildtorent hospitality and retail properties.
Property Reserve provides a diverse range of investment experiences interacting with a seasoned leadership team. Working in a highly collaborative environment each Property Reserve team member has the chance to contribute meaningfully and frequently to the company culture. Headquartered in downtown Salt Lake City we offer a locale with a unique blend of worldclass outdoor recreation a thriving culture & arts scene and diverse housing options with convenient commutes.
Responsibilities
PRIMARY DUTIES & RESPONSIBILITIES:
- Strategic Planning: Support in the development and execution of the Companys real estate acquisition strategies for commercial properties and land identifying highimpact development opportunities in line with overall business objectives.
- Sourcing & Deal Origination:Source acquisition opportunities through relationships with brokers property owners municipalities and developers. Conduct market research to identify trends and maintain a robust pipeline of targets.
- Financial Analysis & Underwriting: Oversee financial modeling and underwriting perform sensitivity analyses and coordinate with internal teams to ensure accuracy and alignment with strategic objectives.
- Land Acquisition & Development Feasibility:Evaluate land for future development interpret zoning regulations and provide strategic input on portfolio optimization.
- Transaction Execution & Negotiation:Manage the endtoend acquisition process including sourcing underwriting negotiation due diligence and closing. Lead negotiations with property owners brokers and legal teams to secure favorable acquisition terms and present investment recommendations to stakeholders.
- Due Diligence & Risk Management: Direct due diligence collaborate with teams to evaluate project feasibility ensuring thorough evaluation of all property legal and financial risks before acquisition approval.
- Stakeholder Engagement: Build and maintain relationships with investors lenders and key industry stakeholders. Represent the company at industry events and in negotiations with highlevel contacts.
- Reporting & Presentations: Prepare and present acquisition opportunities investment strategies and deal summaries to the executive team and investment committee for approval.
Qualifications
POSITION REQUIREMENTS & QUALIFICATIONS:
- Member of the Church of Jesus Christ of Latterday Saints and currently templeworthy.
- Bachelors degree in Real Estate Finance Business or a related field. MBA or Masters degree is strongly preferred.
- 10 years of experience in real estate acquisitions with a proven track record of closing large complex transactions. 5 years land acquisition experience strongly preferred.
- Extensive knowledge of domestic real estate markets regulations and economic trends.
- Advanced financial acumen with expertise in real estate financial modeling deal structuring and investment analysis.
- Strategic thinking with a demonstrated ability to adapt to changing market conditions and support teams through growth phases.
- Expertise in negotiation transaction structuring and legal frameworks related to real estate.
- Strong network of industry contacts including institutional investors developers and key players in the global real estate sector.
- Excellent communication and presentation skills with the ability to engage effectively with senior leadership.
- Travel required.
- Strong written and verbal communication skills with an emphasis on clear and concise financial reporting.
PR/IP
Required Experience:
Manager
Employment Type
Full-Time
