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We are looking for a Real Estate Acquisitions Manager to join our team in San Diego, California. This role offers the opportunity to engage in the acquisition, underwriting, and asset management of manufactured housing communities and RV parks nationwide. You will collaborate closely with senior leadership to evaluate investment opportunities, oversee post-acquisition asset performance, and contribute to portfolio growth.
Job Responsibility:
Identify and evaluate acquisition opportunities within the manufactured housing and RV park sectors
Develop detailed financial models to assess cash flow, capital expenditures, refinancing scenarios, and exit strategies
Create investment presentations and memoranda to support internal decision-making processes
Conduct comprehensive due diligence, including financial analysis, market studies, infrastructure reviews, and competitive assessments
Facilitate transactions by assisting with letters of intent, purchase agreements, and closing procedures
Build and maintain relationships with brokers, lenders, and other industry professionals
Monitor asset performance against business plans, tracking key metrics such as occupancy rates, revenue growth, and expense management
Support the preparation of annual budgets, forecasts, and variance analyses to ensure organizational goals are met
Oversee capital improvement projects, including tracking progress and ensuring timely completion
Collaborate with property management teams, regional managers, and external vendors to optimize operations
Requirements:
Minimum of 3 years of experience in commercial real estate investment or a related field
Proficiency in financial modeling and analysis, with a focus on real estate finance
Strong familiarity with lease contracts and property management principles
Demonstrated ability to source and underwrite real estate acquisition opportunities
Knowledge of infrastructure systems such as water, sewer, and zoning regulations
Excellent communication skills and ability to prepare thorough investment documentation
Proven track record of managing capital improvement projects and asset performance
Ability to build and maintain relationships with industry contacts