The Acquisition Manager serves as a key contributor to investment strategy, portfolio optimization, and team development while fostering collaborative relationships across the organization. This individual demonstrates strong business acumen, leadership, professionalism, and a commitment to delivering exceptional service to both internal and external stakeholders.
Essential Job Functions
Source, evaluate, and cultivate investment opportunities through relationships with equity partners, lenders, brokers, owners, and other industry professionals.
Develop and maintain a robust network of market intelligence sources to identify trends, opportunities, and competitive insights.
Lead transaction processes from initial sourcing through underwriting, due diligence, negotiation, closing, and transition to asset management.
Collaborate with internal teams to ensure seamless execution of acquisitions and timely progression of transactions.
Communicate transaction status, opportunities, risks, and recommendations clearly to leadership and stakeholders.
Conduct property tours, market visits, and due diligence activities, with travel as required.
Assess assets, submarkets, and market conditions to support investment and acquisition decisions.
Evaluate the impact of prospective acquisitions on portfolio performance and long-term investment objectives.
Oversee the performance and strategic direction of acquired assets, ensuring alignment with investment objectives.
Review and evaluate investment business plans, including underwriting assumptions, hold/sell/refinance strategies, and portfolio optimization opportunities.
Partner with Asset Management teams to assess operating statements, rent rolls, capital improvement plans, and other property performance indicators.
Analyze macroeconomic and local market trends, including supply and demand dynamics, demographic shifts, and competitive positioning, to inform investment and operational decisions.
Monitor market sales, revenue trends, and performance benchmarks to evaluate their impact on portfolio performance and acquisition opportunities.
Compare asset performance against portfolio benchmarks and investment expectations, identifying opportunities for value creation and risk mitigation.
Participate in the recruitment, selection, onboarding, and performance management of Acquisition and Asset Management team members.
Mentor, coach, and support team members to foster professional growth, skill development, and career progression.
Provide day-to-day guidance, resources, and leadership to team members while promoting collaboration, accountability, and operational excellence.
Ensure departmental policies, procedures, and best practices are consistently implemented and maintained.
Promote a culture of continuous improvement, inclusion, learning, and high performance.
Ensure acquisition, asset management, and transaction data are accurately maintained within company systems and databases.
Prepare reports, analyses, and presentations to support strategic decision-making and portfolio management
Other duties as assigned
Minimum Qualifications/Skills
Bachelor's degree in Finance, Real Estate, Business Administration, Economics, Accounting, or a related field.
5–7 years of progressive experience in acquisitions, asset management, real estate investments, commercial real estate, private equity, or a related discipline.
Previous experience in multi-family acquisition underwriting and analysis, preferred.
CCIM (Certified Commercial Investment Manager) or CFA (Certified Financial Analyst) designation and CRM (Customer Relationship Management) software or related, preferred.
Demonstrated ability to develop, manage, and strengthen relationships with equity partners, lenders, brokers, owners, and other industry stakeholders.
Proven leadership skills with experience coaching, mentoring, and developing team members.
Advanced knowledge of financial modeling, investment analysis, underwriting, portfolio management, and debt financing structures.
Strong analytical, strategic thinking, and problem-solving capabilities.
Excellent organizational and project management skills with the ability to manage multiple priorities effectively.
Strong written, verbal, and presentation communication skills.
Proficiency in Microsoft Office applications, particularly Excel, and the ability to utilize investment and data management technologies.
Ability to collaborate effectively with diverse teams and stakeholders.
Demonstrated sound judgment and decision-making skills in a dynamic business environment.
BH is an Equal Employment Opportunity Employer. We foster the diverse voices of our community by advocating for inclusivity, celebrating our differences, and continually evolving our practice to make BH a better place to work and live. Our posted compensation reflects the cost of talent across multiple US geographic markets. Pay is based on a number of factors and may vary depending on job-related knowledge, skills, and experience.
