Associate ? Multifamily Acquisitions

JOB SUMMARY: The Associate ? Multifamily Acquisitions will be responsible for supporting the sourcing, underwriting, and execution of new multifamily investments, with a focus on value-add opportunities. This role will play an integral part in financial analysis, market research, investment committee preparation, and transaction management. The role will in-office at our Dallas headquarters. The ideal candidate has 3?5 years of direct multifamily investment experience, a strong finance/accounting background, and the ability to thrive in a fast-paced, entrepreneurial environment.

VALUES MODELED: All employees are expected to bring our values to life every day by demonstrating:

• RESPECT: Treat people with courtesy and kindness, valuing inclusion and diversity.

• ACCOUNTABILITY: Honor commitments, focus on delivering solutions, and take ownership of responsibilities.

• INTEGRITY: Act with honesty, honor, and transparency in all activities.

• SERVICE: Be socially conscious, proactive thinkers, committed to improving well-being.

• EXCELLENCE: Strive for excellence, adapt, innovate, and exceed expectations.

  
  

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Deal Underwriting & Analysis: Independently underwrite multifamily acquisition opportunities, analyzing rent rolls, T-12s, operating statements, renovation budgets, and market data to develop detailed financial models and pro formas.

• Financial Modeling: Build and maintain advanced Excel-based models (cash flow, IRR, equity multiple, sensitivities). Knowledge of waterfall structures and alternative financing (preferred equity, mezzanine debt) is a plus.

• Market Research & Benchmarking: Conduct submarket and competitive analysis to validate assumptions, assess lease trade-out performance, and identify market opportunities.

• Investment Materials: Prepare investment committee memoranda, presentations, and supporting documentation. Clearly communicate assumptions and findings to senior leadership.

• Due Diligence: Support lease audits, third-party inspections, environmental assessments, and financial/operational due diligence. Coordinate with brokers, sellers, consultants, and internal stakeholders.

• Cross-Functional Collaboration: Work with Construction, Asset Management, and Operations to align business plans with value-add strategies and adjust underwriting assumptions accordingly.

• Transaction Support: Assist with negotiation, escrow, and closing processes. Ensure critical deliverables, timelines, and compliance requirements are met.

• Pipeline Management: Track deal flow, maintain organized pipeline reporting, and analyze closed vs. underwritten performance to refine assumptions.

• Broker & Market Relationships: Build strong relationships with brokers and market participants to identify and secure new investment opportunities.

• Continuous Improvement: Recommend enhancements to financial models, processes, and templates to drive efficiency and accuracy in the acquisitions function.

  
  

EDUCATION/EXPERIENCE:

• Bachelor?s degree in Finance, Accounting, Economics, or Real Estate (required)

• 3?5 years of experience in multifamily acquisitions, underwriting, or investment analysis, ideally with exposure to value-add strategies.

• Experience in Texas or broader Sunbelt multifamily markets preferred.

• Multifamily asset management or operations knowledge is a plus.

  
  

COMPETENCIES:

• Advanced Excel modeling skills; Argus experience a plus.

• Solid understanding of real estate finance, valuation methods, and investment metrics (IRR, cap rate, cash-on-cash, equity multiple).

• Strong written and verbal communication skills, including presentation and memo writing.

• Highly detail-oriented, highly responsive, accurate in underwriting, and able to work quickly in a deal environment.

• Ability to tell a story with the numbers, uncover risks in a deal, and identify ways to mitigate those risks.

• Strong organizational skills and ability to manage multiple priorities.

• Self-starter with intellectual curiosity and a desire to learn.

• Proven ability to work in a collaborative, in-office team environment.

• Ability to analyze large amounts of data to uncover discrepancies or unusual changes

• Ability to model multiple scenarios and weight optionality

• Perform rate cap modeling and sensitivity analysis

• Multi-Task with high stake projects

Key Qualities:

• Value-add multifamily investment experience.

• Full cycle exposure from underwriting through closing.

• Ability to work independently while contributing to team success.

• Proactive, resourceful, and solutions-driven mindset.