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TMR Investments – Director of Acquisitions

Job Overview

The Director of Acquisitions plays a pivotal role in expanding TMR Investments' multifamily asset portfolio. This position encompasses a broad range of responsibilities, from initial opportunity identification to transaction closure, while ensuring effective team leadership and stakeholder engagement.

Key Responsibilities

Acquisitions:

• Manage the investment pipeline, including sourcing, analyzing, underwriting, negotiating, conducting due diligence, overseeing the business plan execution, and sales process.
• Responsible for enhancing and expanding the acquisitions platform.
• Conduct and review market data and recommend markets and sub-markets to target acquisitions , including supply/demand analysis and rent forecasts.
• Tour all potential acquisition targets and rental comps that have passed the initial screening process.
• Lead property and market research tours, including competitive analysis.
• Build and maintain robust relationships with investment sales brokers. establishing contacts with competitors, brokers, developers, potential sellers, data providers, and more.
• Coordinate with third-party management for underwriting support.
• Collaborate with Asset and Construction Management teams for underwriting finalization.
• Prepare comprehensive materials for the investment committee, including deal summaries, market insights, due diligence documentation, and fund offering materials.
• Draft Letters of Intent (LOIs) and questionnaires and engage in buyer interviews.
• Contribute to the development of Private Placement Memorandums for investors.
• Support due diligence and closing processes, including financial reviews and assessments of third-party reports.
• Provide appropriate post-closing support to the Asset and Construction Management team to ensure acquisition business plans are enacted.

Financing:

• Engage in sourcing and evaluating financing options for acquisitions, refinancing, and supplementary loans.
• Prepare and review loan applications, providing insights for the investment committee.
• Develop and maintain relationships with mortgage brokers and lenders, keeping the investment committee informed of new opportunities and developments.

Day-to-Day Operations:

• Manage team of financial analysts and interns, provide guidance on assigned tasks, approve travel, evaluate work product, and complete year-end performance reviews.
• Maintain and improve the underwriting model for accuracy and efficiency.

Qualifications & Experience

• Exceptional skills in quantitative modeling and analysis.
• Excellent written and verbal communication abilities.
• Strong presentation skills.
• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).
• Detail-oriented with superior organizational skills.
• Self-motivated with the ability to multitask and prioritize effectively.
• Flexible and adaptable to changing priorities.
• Creative and resourceful in problem-solving.
• Collaborative team player with high emotional intelligence.
• Discreet in handling confidential information.
• Comfortable engaging with diverse stakeholders.
• Leadership qualities marked by humility and cooperation.
• Sense of humor.

Experience & Education:

• Bachelor’s Degree required.
• Minimum of 7 years’ experience in financial analysis, financial modeling, and real estate acquisitions.

Additional Requirements:

• Willingness to travel as necessary.

TMR Culture

Act With Intention

Be True

Do It Better

Celebrate The Good

Job Type: Full-time

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Parental leave
• Professional development assistance
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Supplemental pay types:

• Bonus opportunities

Ability to Relocate:

• Seattle, WA 98102: Relocate before starting work (Required)

Work Location: In person