Vice President of Acquisitions

World Class Capital Group

(Austin, Texas)
Full Time
Job Posting Details
About World Class Capital Group
World Class Capital Group is a leading national real estate investment firm focused on acquiring, developing, and managing high-quality real estate.
Summary
The Vice President of Acquisitions manages the sourcing, underwriting, acquisition/disposition, and debt/equity procurement processes for assets in multiple states. Directs and oversees the activities of the acquisitions team to ensure efficient operations, compliance with standards and procedures, and sound investment decisions.
Responsibilities
* Sets appropriate goals and objectives for the Acquisitions Department to achieve the company’s overall performance goals. * Evaluates and improves acquisitions policies and procedures to ensure efficiency, effectiveness, and ensure sound investment decisions. * Oversees the process of identifying and validating multifamily and commercial investment opportunities that meet the acquisitions strategy. * Ensures proper execution of all acquisitions transactions including: market analysis; proformas; feasibility and due diligence studies; investor relations; business plans; ROI analysis; underwriting; workout strategies; etc. * Structures financially complex transactions, including return on investment analysis and feasibility studies. * Oversees acquisitions team in managing broker and investor relationships. * Other duties may be assigned.
Ideal Candidate
**Competencies** * Analytical - Synthesizes complex or diverse information; Collects and researches data; Uses intuition and experience to complement data; Designs work flows and procedures. * Business Acumen - Understands business implications of decisions; Displays orientation to profitability; Demonstrates knowledge of market and competition; Aligns work with strategic goals. * Project Management - Develops project plans; Coordinates projects; Communicates changes and progress; Completes projects on time and budget; Manages project team activities * Oral Communication - Speaks clearly and persuasively in positive or negative situations; Listens and gets clarification; Responds well to questions; Demonstrates group presentation skills; Participates in meetings * Written Communication - Writes clearly and informatively; Presents numerical data effectively * Teamwork - Balances team and individual responsibilities; Exhibits objectivity and openness to others' views; Gives and welcomes feedback; Contributes to building a positive team spirit; Puts success of team above own interests; Able to build morale and group commitments to goals and objectives; Supports everyone's efforts to succeed * Quality - Demonstrates accuracy and thoroughness; Applies feedback to improve performance; Monitors own work to ensure high quality * Cost Consciousness - Works within approved budget; Develops and implements cost saving measures; Contributes to profits and revenue; Conserves organizational resources * Planning/Organizing - Prioritizes and plans work activities; Uses time efficiently; Plans for additional resources; Sets goals and objectives; Organizes or schedules other people and their tasks; Develops realistic action plans **Qualifications** * 5-10 years of direct acquisitions and underwriting of commercial and/or retail properties * Minimum of four years of supervisory experience * Bachelor degree in Finance, Real Estate, Business Management or related field * Strong financial modeling experience * Strong MS Excel skills and proficiency with other MS Office software * Strong verbal and written communication skills

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