Job Description

POSITION: MULTIFAMILY ACQUISITION ANALYST – LOS ANGELES

INDUSTRY: REAL ESTATE

REPORTS TO: FOUNDER AND CEO

LOCATION: LOS ANGELES, CA

POSITION DESCRIPTION

The Souferian Group, a best in class real estate investment and development company, is seeking a highly motivated and experienced professional for a  Multifamily Acquisition Analyst role in Los Angeles, California. The ideal candidate will have a minimum of 2 years of acquisitions, financial analysis and business development experience in the multifamily real estate market of Phoenix, Salt Lake City, Las Vegas, Denver, Dallas-Fort Worth markets and of apartment communities with 150 units or more. The Multifamily Acquisitions Analyst will be proactive, detail-oriented, extremely organized and have demonstrated experience in thorough market research. The position will offer a candidate the opportunity to work on the acquisition and development of prominent deals with some of the most renowned companies of the real estate industry in a fast paced and energetic work environment.

ALL APPLICANTS MUST SUBMIT A TRANSACTION HISTORY OF PREVIOUS PROPERTIES CLOSED AND/OR UNDERWRITTEN ON THE SECOND PAGE OF THEIR RESUME IN ORDER TO BE CONSIDERED. __

KEY RESPONSIBILITIES

With support and guidance from The Souferian Group Team, the Acquisitions Analyst will assist the Acquisitions teams in the following ways:

· Sourcing and identifying multifamily deals of one-hundred fifty units or more with conventional and innovative methods to seek off-market investment opportunities

· Multifamily Underwriting – Support the creation of detailed and complex underwriting models to assess potential multifamily value-add acquisition opportunities and establish the property-level business plans and budgets.

· Financial Analysis – Support complex financial analyses including cash flow projections, debt financing, valuation models, IRR, preferred return, equity multiple, promote, waterfalls, joint-venture structuring and sensitivity analyses in Excel.

· Research – Conduct and source market research, analysis, industry data and trends for business plans assumptions. Research rent surveys, vacancy rates, sales comps and construction budgets; strong sense of micro- and macro-economic forces

· Experience creating investment and private placement memos

· Due Diligence – Assist the management of the entire due diligence, closing and refinancing process for acquisitions of new multifamily assets; will be required to review and summarize 3rd-party reports and due diligence

· Work closely with the firm’s senior leadership, institutional JV partners, lenders and other stakeholders

· Network and cultivate strong working relationships with property owners, brokers and industry peers

· Other ad hoc analyses and initiatives, as needed

QUALIFICATIONS

· 2 years of experience in acquisitions of multifamily real estate, investment banking, or capital markets function.

· Relentless work ethic in lead generation, sourcing and identifying deals.

· Support in debt comparison analysis and business plan creation.

· Must have at least 2 years of experience underwriting multifamily assets, preferably for a multifamily sponsor.

· Four-year college degree with a major in business, finance, economics, accounting, real estate, engineering, mathematics or other equivalent degree. MBA, MRED, or other advanced degree a plus.

· Must be analytical; process and data oriented.

· Strong quantitative and qualitative analytical skills

· Ability to manage multiple projects simultaneously, self- motivated, autonomous and driven.

· Great attitude, interpersonal skills, can handle pressure in a fast-paced environment.

Offer will be contingent upon successful completion of reference and background checks.

ABOUT

The Souferian Group is a fully integrated real estate investment and development company that develops and manages award-winning experiential properties. Established in 2012, the Company’s strategic growth plan focuses on property acquisitions and developments in residential, office, mixed-use and industrial. The Company has a proven track record in extensive property rehabilitation and repositioning, and seeks to grow its team to support its growing business.

Company Description

ABOUT The Souferian Group is a fully integrated real estate investment and development company that develops and manages award-winning experiential properties. Established in 2012, the Company’s strategic growth plan focuses on property acquisitions and developments in residential, office, mixed-use and medical. The Company has a proven track record in extensive property rehabilitation and repositioning, and seeks to grow its team to support its growing business. TheSouferianGroup.com BeByTSG.com