Investment Associate - Acquisitions & Development

About StateStreet Group

StateStreet Group is a vertically integrated real estate development, investment, property management, and brokerage firm headquartered in Jackson, Mississippi. Founded in 1971, SSG has acquired, developed, and operated over 3 million square feet of commercial real estate and currently owns and manages a diversified portfolio of more than 40 assets across multifamily, manufactured housing, self-storage, office, and commercial properties.

The firm has been recognized among the Top 50 Property Developers in the United States, representing Mississippi, and multiple portfolio communities have received “Property of the Year” recognition from the state’s leading trade association.

Our acquisition approach is focused on purchasing assets below intrinsic value, creating value through opportunistic revenue strategies, and targeting growth markets in Mississippi and adjacent states.

We are building toward a long-term objective of materially increasing portfolio NOI through disciplined acquisition and development.

The Opportunity

StateStreet Group is seeking an Investment Associate – Acquisitions & Development to help drive the firm’s next phase of portfolio growth.

This is not a siloed modeling role. The position offers direct exposure to acquisition sourcing, underwriting, investor communication, development execution, brokerage insight, and asset-level strategy within a vertically integrated platform.

This role is designed for someone who wants to evolve into a full-cycle dealmaker within a growing investment platform.

Core Responsibilities

Acquisitions & Underwriting

• Analyze prospective multifamily, manufactured housing, self-storage, and commercial acquisitions
• Build and refine detailed underwriting models and investment memoranda
• Conduct market research across Mississippi and targeted adjacent markets
• Support broker outreach and off-market sourcing initiatives
• Assist in advancing opportunities from initial review through closing

Development & Value Creation

• Support financial modeling for ground-up and redevelopment projects
• Assist in capital stack structuring and investor presentation materials
• Analyze opportunistic revenue initiatives across the portfolio

Investor & Capital Support

• Assist with investor packages and investment memoranda
• Support reporting related to portfolio performance and new opportunities
• Help prepare materials for capital raises tied to acquisitions and development

Portfolio & Brokerage Exposure

• Assist with evaluation of asset performance relative to underwriting
• Participate in discussions regarding refinance strategy, waterfall structures, and return metrics
• Gain exposure to brokerage and leasing dynamics that inform acquisition decisions

Qualifications

• Bachelor’s degree in finance, real estate, business, or a related field
• 1–4 years of experience in real estate underwriting, acquisitions, brokerage, development, or investment analysis; exceptional candidates with strong internship or analytical experience will be considered
• Strong financial modeling skills (Excel proficiency required)
• Ability to communicate investment theses clearly and concisely
• High intellectual curiosity and desire to understand capital structures and value creation
• Experience using AI tools in a professional or business context (e.g., ChatGPT, Claude) to improve research, underwriting efficiency, workflow automation, or communication
• Self-starter who can operate effectively in a small, entrepreneurial team environment

Preferred:

• Experience underwriting multifamily, self-storage, or manufactured housing
• Exposure to development pro formas and capital stack modeling
• Real estate license (or willingness to obtain)

Who Will Thrive Here

• Individuals who want to evolve into full-cycle dealmakers
• Professionals who value disciplined investing over volume-driven transactions
• Team members who appreciate direct access to leadership and decision-making
• Those who want long-term growth within a vertically integrated real estate platform

Compensation

Compensation is competitive and commensurate with experience. The structure aligns performance with disciplined acquisition and development execution and includes:

• Competitive base salary
• Performance-based bonus tied to transaction and development milestones
• Closing-based incentives tied to successful deal progression

As the role progresses, increased responsibility and expanded participation opportunities will follow demonstrated execution and results.

Location

Jackson, Mississippi

This is an in-office role with regional travel as needed.

How to Apply: Please send a resume and cover letter to jobs@statestreetgroup.com

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Work Location: In person