Multifamily Acquisition and Asset Management Analyst

Restore West is a fully integrated institutional real estate investment, construction and property management firm over $200mm of transaction volume.  We have a growing portfolio of residential rental properties focused on providing quality housing focused on low- and moderate-income individuals and families along the Wasatch Front and plans to expand its acquisition footprint to surrounding western states. 

Responsibilities Overview

We’re looking for an analyst to support the management and growth of our investment portfolio and help us expand into other markets.  This is the perfect role for someone who loves to network, is self-motivated and enjoys being part of an entrepreneurial team.  The role includes pursuing a variety of sourcing opportunities including developing and maintaining broker relationships, direct phone contact, mailings, and other networking opportunities. The successful candidate is incredibly comfortable on the phone and enjoys actively pursuing new investment opportunities.  As investment opportunities are identified, the analyst will underwrite and value the apartment acquisition opportunity with logic and data backing up the fundamental assumptions. The candidate will support the offer, due diligence and closing phase of the transaction. The successful candidate can analyze complex information and provide logical and profitable solutions that are simple to understand. Attention to detail is a must with a strong analytical ability to identify opportunities for value creation within our existing portfolio. The role includes evaluating portfolio performance and budget comparisons.

Responsibilities Detail

• Become a submarket expert in our target markets
• Maintain and expand database of property owners in our target markets
• Develop systems and scripts for regular contact
• Employ a sales strategy to prospect acquisition targets and develop relationships with brokers and clients.  This may include all or some of the following:
• Calling and emailing brokers
• Calling, emailing, and mailing owners to determine if they are interested in selling their property
• Prospecting on LinkedIn and other CRE Groups
• Meet defined daily quotas of calls, emails, etc
• Underwrite apartment acquisitions and pitch the investment team
• Support due diligence activities once properties are under contract
• Work with lenders on a variety of requests including closing new loans, construction draw’s and loan pay off’s
• Analyze financial performance of the portfolio and work with property managers to implement value enhancing strategies
• Update fund forecasts and models
• Track budget to actual performance for operation and construction budgets

Education:

A four-year degree from an accredited university is required.

Experience: 

• Previous real estate investment experience preferred but will train a candidate with the right blend of skills and drive.  
• Sales experience is preferred
• Ability to work unsupervised and have an extremely high level of determination to close deals
• Ability to meet deadlines and quotas
• Ability to effectively communicate via phone, email, and in person
• Ability to learn new software
• Proficient in Excel
• High degree of initiative and self-motivation; strong problem-solving skills

Additional Information

This position is located at our company’s corporate office in downtown Salt Lake City, Utah at 1600 South State Street.

• 401(k) matching
• Medical and dental insurance
• Long term disability insurance
• Paid time off including holidays, sick and vacation

Restore West is an equal opportunity employer which recruits, hires, trains and promotes personnel for all job titles without regard to race, color, religion, sex, national origin, disability, genetic information, veteran status, or any other status protected under local, state, or federal laws.