GID Investment Advisers LLC
Acquisitions Analyst Job at GID Investment Advisers LLC in Hayes Valley
GID Investment Advisers LLC, Hayes Valley, CA, US
Description Acquisition Analyst GID - San Francisco, CA GID, a privately held real estate firm founded in 1960 with over 1,250 employees, has a 30 year track record managing third-party capital. The firm develops, owns and/or operates a diverse portfolio across over 30 U.S. markets, primarily focused on Multifamily, Industrial, Mixed-Use and Credit. With corporate offices in Atlanta, Boston, Dallas, Dubai, London, New York and San Francisco, GID's private equity and debt verticals are supported by Windsor Communities, a vertically integrated operating platform. DESCRIPTION: This person is responsible for assisting the Executive Vice President of Real Estate Acquisitions and the various Vice Presidents and Associates in the preparation of detailed economic analyses of potential multifamily acquisitions. The Acquisitions Analyst will embrace our company values of accountability, inclusiveness, energizing and courageousness. RESPONSIBILITIES : Underwriting potential acquisition targets utilizing a Microsoft Excel based model; Argus Enterprise experience is a plus. The underwriting analysis process may include, but is not limited to, the following activities: reviewing P&L statements, rent rolls, and tax statements; researching and analyzing demographic, economic, and real estate market data to recognize market trends to support all underwriting assumptions. Source potential acquisition opportunities for multifamily residential properties in conjunction with Vice Presidents in the Acquisitions Department. Assist the Vice Presidents in contract negotiations with internal and third-party attorneys with the seller and the seller's attorneys. Take a lead role in assisting the training of analysts in the following: Using GID's proprietary acquisition models Standard underwriting practices Preparing Investment Committee presentations Working with other departments Rent Comparison Analysis Maintain contact and relationships with potential deal sources including brokers, owners, and developers. Prepare materials and along with the Vice President, present to GID's Investment Committee. Research and analyze numerous markets appropriate for the acquisition of multifamily investment opportunities. Gain intimate knowledge of those markets to be able to capitalize on opportunities in those markets. Conduct due diligence activities involving lease analysis, shopping market competitors. Arrange third party reports such as market studies and property tax analysis. Develop in conjunction with the Property Operations Group a zero-based operating and capital budget. Create and oversee Request for Proposals (RFPs) for third party management of non-core business such as commercial leasing and commercial parking operations. Participate in various analytical projects required in the Acquisition Department. Assist in preparing reports to GID's ownership and major institutional investment partners. REQUIREMENTS : Four-year college or university degree required with two to four years related work experience and/or training desired, but not required. Drug testing and background checks are an employment requirement. These are required steps in the hiring process. Our company considers a range of factors including education and experience when determining base compensation. This position is also eligible for bonus and benefits. For more information, visit: Benefits GID is an Equal Opportunity Employer