Business Development Director
BH Properties, Los Angeles, CA, United States
BUSINESS DEVELOPMENT DIRECTOR
www.bhproperties.com
COMPANY
BH Properties is a privately held commercial real estate investment firm focused on value-add acquisitions in office, industrial, retail, and multi-family properties throughout the Western United States, along with investments in distressed debt and ground leases. The Company is vertically integrated, with offices in Los Angeles, San Francisco, Seattle, Riverside, Phoenix, Dallas, and Houston, and is able to acquire and close transactions without the need for lengthy due diligence periods. Our 31-year track record and balance sheet allow us to move quickly and creatively, structuring acquisitions to satisfy seller needs in a highly competitive market. Today, the Company owns and operates approximately 10M square feet across 18 states.
POSITION
We are seeking a proactive and results-driven Business Development Director focused on sourcing bankruptcy and bankruptcy related acquisition opportunities throughout the western half of the United States.
LOCATION
Los Angeles, CA
RESPONSIBILITIES
Focused on bankruptcy and bankruptcy related opportunities, the Business Development Director will be a key member of the Company’s acquisition team working in partnership with other acquisition professionals in a collaborative, team-oriented environment.
In addition:
- Sourcing and/or evaluating prospective acquisition opportunities in accordance with Company criteria with a primary focus on debt or debt instruments.
- Build out the necessary infrastructure to support the strategy.
- Oversee the acquisition process, including sourcing, managing due diligence, reviewing third party reports, and working with legal and finance teams to facilitate closings and workouts where necessary.
- Prepare market analysis, underwriting and deal summaries for opportunities being recommended.
- Develop relationships within foreclosure, bankruptcy, title and lender communities to facilitate opportunities.
- Attending selected conferences.
QUALIFICATIONS
- Minimum of 10+ years of real estate / financial services, legal, or banking experience.
- Preferably an undergraduate degree in real estate, business, finance, or accounting.
- Advanced Degree a plus.
- Thorough knowledge of loan servicing, foreclosure, bankruptcy, REO, legal and title.
- Familiar with specific organizations / events / data / publications catering to the debt restructuring and bankruptcy community.
- Strong time-management skills, including the ability to effectively prioritize work assignments.
- Detail oriented and self-motivated.
- Strong aptitude for assessing, understanding, and quantifying risk.
- Must be a team player with strong attention to detail and able to work independently.
- Proven track record at delivering timely and accurate information in a fast-paced, entrepreneurial environment.
- Excellent critical thinking, problem solving, mathematical skills and sound judgment.
- Legal, financial services and, if possible, banking industry experience preferred.
- Strong business acumen and ability to interface with executive management team.
- Strong quantitative and analytical abilities; ability to quickly assess deal viability.
- Strong verbal and written communication skills.
- Ability to communicate with and develop effective working relationships with others in a team oriented, collaborative and deadline driven environment.
- Travel required.
COMPENSATION
$150,000-$200,000 base
We offer a generous and comprehensive compensation & benefits package, along with the opportunity for professional growth and development within a well-capitalized, entrepreneurial, and growing real estate investment group.
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