Acquisitions Officer - Multifamily Housing
Fairfield Residential

Phoenix, Arizona

Posted in Property and Housing


This job has expired.

Job Info


Acquisitions Officer

At Fairfield, we are proud to be a leader in the multifamily housing industry. We are passionate about creating exceptional and luxurious apartment living. Among the most experienced multifamily companies, Fairfield has developed and acquired over 1000 communities since 1985. We are an award-winning company that proudly employs over 1,300 associates who are dedicated to serving our customers at our apartment communities located in over 30 markets nationwide.

We have a great opportunity for you to work side by side with our passionate, bright and highly experienced professionals in the Multifamily Housing industry.

This position will be primarily remote, but will ideally reside in the San Diego, CA, Denver, CO, or Phoenix, AZ area and be open to frequent travel within the assigned territory in the Mountain Southwest.

Education/Certificates:

  • Bachelor's Degree

Experience:
  • 3-5 years of prior experience in multifamily acquisitions, or as an analyst, or extensive experience underwriting acquisitions for an active purchaser of multifamily properties.

Skills, Knowledge & Abilities:
  • Strong quantitative skills
  • Excellent communication ability (both oral and written)
  • Self-Motivated with a willingness to put in the necessary work to be successful
  • Ability to work on multiple tasks in a fast paced environment
  • Must be proficient in Microsoft Office

Essential Duties:
  • Staying abreast of market conditions in the various markets and submarkets assigned to the candidate where Fairfield is pursuing acquisition opportunities
  • Regularly communicating with brokers and owners of multifamily real estate in order to identify potential acquisitions - both marketed and off-market
  • Travel, including site visits to potential acquisitions and tours of competitive properties in order to gain a full understanding of the submarket. Over 50% of the candidate's time will be spent outside the office
  • Work with our acquisition analysts to create cash flow projections for properties identified as potential investments
  • Coordinate with Fairfield's Property Management, Asset Management, and Construction team to verify the feasibility of assumptions used in the property underwriting
  • Preparing Investment Committee Memos for proposed investments and presenting them to Fairfield's Investment Committee
  • Working with our in-house transactions team to assist in the Due Diligence and/or closing of acquisitions as needed

Why consider us?
  • Competitive Salary and Benefits Package.
  • Careers are made at Fairfield- We are committed to developing our staff through our robust in-person, online and social training. Promotions from within are encouraged.
  • Environmentally Aware- Fairfield leads the industry through our Living Green Program and our LEED Certified communities.
  • Award Winning- Fairfield is recognized for our customer service, training and professionalism.
  • Cutting Edge Technology- Fairfield utilizes innovative property leasing and accounting software that maximizes productivity.

#LI-LISA

Estimated Rate of Pay:

$125,000.00 - $175,000.00

This position is exempt; the range above reflects annual salary. This position also includes a discretionary annual bonus.

The pay range displayed for this position is determined by skills and experience required, location and job complexity*. Potential job offers may vary based on the skills, education, and experience an individual candidate holds. This range reflects base rate only, and does not include allowances, perks, commissions or bonuses applicable to this position (if any). In addition to base salary, Fairfield offers all full time associates the following, upon meeting eligibility requirements:
  • Paid time off, paid holidays and sick days, paid time off for volunteering activities (optional)
  • Matched 401(k)
  • Medical, dental & vision insurance
  • Flexible spending account
  • Life insurance

* Pay range is a calculation based on a midpoint price. Fairfield complies with all wage and hour laws, including minimum wage and salary exempt requirements.


This job has expired.

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