Job Description

2018-2408

Job LocationUS-AZ-Scottsdale
Posted Date1 month ago(1/16/2018 4:16 PM)
Job Title
Real Estate Portfolio Acquisitions Analyst
Category
Real Estate Acquisitions
Company
Scottsdale

Overview

We don’t just invest in homes. We invest in communities that you can call home.

Progress Residential® is one of the largest providers of high quality single-family rental homes in the United States. With more than 20,000 homes in the country’s fastest-growing markets, we are committed to making the home rental process easy and enjoyable.

At Progress Residential®, we roll out the red carpet for our current and future residents. We treat them like VIPs – and we are serious about customer satisfaction. Providing good customer service is not only important to external stakeholders, but internally to our co-workers as well. Whether we’re working with our residents, investors or fellow employees, our mission is to provide the highest quality service through professionalism, integrity and responsiveness.

Are you ready to progress your career? Join our corporate office in Arizona or become a member of our regional teams in Arizona, Nevada, Texas, Indiana, Tennessee, North Carolina, Florida or Georgia. Just as we have a home for every lifestyle, we have a career for every passion.

Responsibilities

The Portfolio Acquisitions Analyst supports acquisitions process and onboarding of single family home real estate assets with underwriting, due diligence, onboarding and reporting. The position requires technical aptitude of evaluating data and local market information to conduct financial analysis, prepare memorandums for investment committee, and develop other reports providing insight into key business decisions being made by management. An extensive ability to use MS Excel, along with other MS office products is necessary. This position utilizes analytical skills with the ability to communicate clearly with executive management, acquisitions, construction, property management, closings, and accounting.

Essential Functions:

  • Underwrites single family home real estate portfolio property acquisitions and presents investment returns.
  • Coordinates with VP, Acquisitions to meet deadlines and standards for accurately reporting financial and operating information relative to portfolio acquisitions, construction, property management and closings.
  • Maintains a current knowledge of company-wide business processes and maintains working relationships across several departments.
  • Performs query functions and reporting on an ad-hoc basis through requests and internal needs.
  • Understands and quickly accesses different sources of data to help isolate and address problem areas, including identifying underlying factors contributing to the problem
  • Prepares PowerPoint slide deck presentations (e.g. Investment Memorandums, Business plans, Investor Presentations, Market Tours, etc.)
  • Creates Excel reporting templates using PivotTables, Macros, VBA, etc.
  • Maintains, tests, and operates Excel models for bulk acquisitions, Build to Rent and New Construction.
  • Functions as lead underwriter of the bulk acquisitions model and as a resource for the Acquisitions Department as it relates to bulk underwriting

Qualifications

Qualifications:

  • Bachelor’s Degree (preferably in Business, Finance, or related subject) required
  • 2-3 years minimum previous Analyst experience
  • At least 2 years of real estate experience
  • Prevous Real Estate development experience preferred
  • Advanced Excel, PowerPoint
  • Familiarity with Salesforce CRM preferred
  • Must be an independent self-starter; self-motivated, have initiative and have a sense of urgency.
  • Strong organizational skills, the ability to multi-task in a fast-paced environment and manage multiple projects
  • Strong verbal and written communication skills – ability to distill information down to key points
  • Identify issues and offer solutions
  • Thinks critically and draws well-reasoned conclusions
  • Minimal travel required

What you can expect from us:

Progress Residential® offers all of the financial and non-financial incentives you’d expect from an innovative property management firm:

  • In addition to outstanding training, we host quarterly summits and town hall meetings to encourage growth, knowledge sharing and a good time. After all, it’s about progress, not perfection.
  • We offer competitive compensation, including a performance-based bonus, depending on your role.
  • Our generous benefits package includes comprehensive healthcare coverage for you and your family, paid parental leave, paid time off, 9 paid holidays and 1 “you earned it” day.

Closing Statement:

This brief summary is not an all-inclusive description of job duties. Other job duties and responsibilities may also be assigned by the incumbent’s supervisor at any time based upon Company need.

Progress Residential® is a proud Equal Opportunity employer, m/f/d/v.

Application Instructions

Please click on the link below to apply for this position. A new window will open and direct you to apply at our corporate careers page. We look forward to hearing from you!

Apply Online