MBK Real Estate Companies
Vice President of Acquisitions
MBK Real Estate Companies, Irvine, California, United States, 92713
Vice President of Acquisitions
MBK Real Estate (MBK) is an industry leader in real estate operations and development. Through its subsidiaries, MBK Rental Living, MBK Industrial Properties, and MBK Senior Living, MBK Real Estate is renowned for building award-winning new home and apartment communities, state-of-the-art distribution facilities, and for its reputation in providing exceptional high standards of service throughout its senior living communities. MBK is a privately held real estate development firm with roots in the business dating back to 1996. MBK's extensive activities through its operating divisions, along with the size and scale of our development and building activities represent the continuation and commitment to American enterprise. Job Description
Salary:
$220,000 - $240,000 + Potential for Annual Bonus. Reports Directly to:
Senior Vice President, Industrial Properties Summary of Position:
The Vice President of Acquisitions will oversee all land acquisition, leasing, and project disposition activities for MBK Industrial Properties, focusing on expanding the portfolio of industrial development projects across the Western U.S. This role involves high-level strategic planning and collaboration with other departments on due diligence and development. Essential Functions:
Develop and lead the acquisition strategy and team - leverage market expertise to expand the portfolio of industrial development projects. Continuously refine acquisition strategy to execute on MBK investment thesis and market opportunities. Develop and manage processes for sourcing development opportunities, especially off-market opportunities. Coordinate with the development team on land due diligence processes, including financial underwriting, project schedules, and budgets, working closely with the development team. Manage and mentor the acquisitions team, fostering a collaborative, high-performance work environment. Build and maintain relationships with brokers, investors, and other key stakeholders to identify and capitalize on market opportunities and trends. Takes an active role in investor relations on project joint ventures and fosters deeper ties with joint venture investors. Oversee the submission process for investment committees by preparing packages covering financials, market studies, and project memos. Prepare relevant material for internal updates, board meetings, and other related meetings. Must be ready to travel up to 20% of the time on short notice, primarily within the Western U.S. Minimum Job Requirements:
Bachelor’s degree with 10 plus years of acquisition, leasing, and disposition experience. Industrial land acquisition/development experience. Proficient in Microsoft Office (Microsoft Outlook, Excel, Word & PowerPoint). Detail-oriented with good organizational skills. Ability to handle multiple tasks and assignments. Proficient in Data Analytics. Must be flexible with schedule and can work efficiently with minimum direction (when necessary). Physical Demands:
Must be mobile and able to perform the physical requirements of the job, including bending, kneeling, stooping, pushing, pulling, and repetitive motion. Ability to sit and work at a computer for long periods of time. Able to move intermittently throughout the workday and between divisions. Ability to lift/carry up to 30 lbs. and push up to 20 lbs. as necessary. We offer a rich benefits package comprising competitive salaries with opportunities for growth; 401(k) retirement plan with up to 4% employer matching; comprehensive industry-leading medical, dental, and vision insurance; company-provided life, disability and AD&D insurance; flexible spending accounts; generous paid time off including vacation and sick time, holidays, and bereavement leave; and a variety of programs including leadership development, training, and personal coaching; education loan assistance and scholarships; daily living, financial and legal services; childcare and eldercare assistance; employee discounts; and health and wellness resources that include virtual yoga, mindfulness, and financial readiness for employees and their family members. If you are ready to meet the challenges of this critical role, we want to hear from you! MBK is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, genetic information, or other protected reason. Our company is committed to providing access, equal opportunity, and reasonable accommodation for qualifying individuals in employment, its services, programs, and activities. To request reasonable accommodation, contact
talentacquisition@mbk.com .
#J-18808-Ljbffr
MBK Real Estate (MBK) is an industry leader in real estate operations and development. Through its subsidiaries, MBK Rental Living, MBK Industrial Properties, and MBK Senior Living, MBK Real Estate is renowned for building award-winning new home and apartment communities, state-of-the-art distribution facilities, and for its reputation in providing exceptional high standards of service throughout its senior living communities. MBK is a privately held real estate development firm with roots in the business dating back to 1996. MBK's extensive activities through its operating divisions, along with the size and scale of our development and building activities represent the continuation and commitment to American enterprise. Job Description
Salary:
$220,000 - $240,000 + Potential for Annual Bonus. Reports Directly to:
Senior Vice President, Industrial Properties Summary of Position:
The Vice President of Acquisitions will oversee all land acquisition, leasing, and project disposition activities for MBK Industrial Properties, focusing on expanding the portfolio of industrial development projects across the Western U.S. This role involves high-level strategic planning and collaboration with other departments on due diligence and development. Essential Functions:
Develop and lead the acquisition strategy and team - leverage market expertise to expand the portfolio of industrial development projects. Continuously refine acquisition strategy to execute on MBK investment thesis and market opportunities. Develop and manage processes for sourcing development opportunities, especially off-market opportunities. Coordinate with the development team on land due diligence processes, including financial underwriting, project schedules, and budgets, working closely with the development team. Manage and mentor the acquisitions team, fostering a collaborative, high-performance work environment. Build and maintain relationships with brokers, investors, and other key stakeholders to identify and capitalize on market opportunities and trends. Takes an active role in investor relations on project joint ventures and fosters deeper ties with joint venture investors. Oversee the submission process for investment committees by preparing packages covering financials, market studies, and project memos. Prepare relevant material for internal updates, board meetings, and other related meetings. Must be ready to travel up to 20% of the time on short notice, primarily within the Western U.S. Minimum Job Requirements:
Bachelor’s degree with 10 plus years of acquisition, leasing, and disposition experience. Industrial land acquisition/development experience. Proficient in Microsoft Office (Microsoft Outlook, Excel, Word & PowerPoint). Detail-oriented with good organizational skills. Ability to handle multiple tasks and assignments. Proficient in Data Analytics. Must be flexible with schedule and can work efficiently with minimum direction (when necessary). Physical Demands:
Must be mobile and able to perform the physical requirements of the job, including bending, kneeling, stooping, pushing, pulling, and repetitive motion. Ability to sit and work at a computer for long periods of time. Able to move intermittently throughout the workday and between divisions. Ability to lift/carry up to 30 lbs. and push up to 20 lbs. as necessary. We offer a rich benefits package comprising competitive salaries with opportunities for growth; 401(k) retirement plan with up to 4% employer matching; comprehensive industry-leading medical, dental, and vision insurance; company-provided life, disability and AD&D insurance; flexible spending accounts; generous paid time off including vacation and sick time, holidays, and bereavement leave; and a variety of programs including leadership development, training, and personal coaching; education loan assistance and scholarships; daily living, financial and legal services; childcare and eldercare assistance; employee discounts; and health and wellness resources that include virtual yoga, mindfulness, and financial readiness for employees and their family members. If you are ready to meet the challenges of this critical role, we want to hear from you! MBK is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, genetic information, or other protected reason. Our company is committed to providing access, equal opportunity, and reasonable accommodation for qualifying individuals in employment, its services, programs, and activities. To request reasonable accommodation, contact
talentacquisition@mbk.com .
#J-18808-Ljbffr