Brookwood Financial Partners
Managing Director of Retail Acquisitions
Brookwood Financial Partners, Beverly, Massachusetts, us, 01915
Firm Overview
Founded in 1993, Brookwood Financial Partners, LLC (“Brookwood”) is a vertically integrated private equity investment firm that specializes in acquiring and managing commercial real estate and other real estate related operating businesses. We have invested $1.9 billion on behalf of Wall Street investment banks, sovereign wealth funds, college endowments, pension plans ,
and UHNW investors spanning 42 states and eight countries. We pride ourselves on our understanding of markets and economic cycles and were one of the few investment firms that proactively sold its entire legacy real estate portfolio during the historic run-up in real estate pricing prior to 2008. For over 30 years, we have worked diligently to deliver strong financial results for our investors. Having navigated myriad cycles and economic conditions, we believe our success is based on an enduring set of core values that include maintaining a strong investment discipline, empowering our employees to lead, fostering an entrepreneurial mindset, and being transparent partners with our investors.In addition to investing in over 17.1 million square feet of commercial real estate, our experience includes the pivot, in 2015, to creating and building what is now the 12th largest convenience store chain in the country, with over 430 locations across nine states.
Summary
Brookwood Financial Partners is looking for an experienced real estate executive to lead its property acquisitions efforts, with a near-term focus on acquiring grocery anchored retail shopping centers and shadow anchored retail centers in Florida, Texas and Arizona. This individual will be responsible for all aspects of the acquisitions process, including sourcing new opportunities, contract negotiations, overseeing underwriting, due diligence, and financing efforts.
Key Responsibilities
Acquisition Sourcing:
Identify and pursue both on-market and off-market acquisition opportunities.
Market Analysis:
Conduct thorough market research and report on current market trends.
Pipeline Management:
Create and maintain an active pipeline of acquisition opportunities.
Relationship Building:
Develop and sustain relationships with brokers, professional service providers, and lending sources to stay informed on market conditions and generate leads.
Negotiation:
Negotiate letters of intent and purchase and sale agreements with sellers and their legal counsel.
Due Diligence:
Lead all aspects of the due diligence process to ensure comprehensive evaluation of potential acquisitions.
Underwriting:
Oversee the evaluation and financial underwriting of properties.
Investment Committee Preparation:
Prepare detailed memorandums and presentations for the Investment Committee's review and approval.
Transition Management:
Ensure a seamless transition of acquired properties to internal asset managers, property management teams, and other personnel responsible for business plan execution and day-to-day operations.
Performance Tracking:
Monitor and evaluate the performance of acquisitions against underwriting assumptions.
Qualifications
MBA or equivalent advanced degree.
10+ years of experience in retail property acquisitions.
Exceptional interpersonal, verbal, and written communication skills.
Proven ability to manage multiple tasks and meet demanding deadlines.
Experience in managing and leading employees.
Strong financial and analytical skills, with the ability to analyze financial statements, review projections, and understand business implications.
Job Type: Full-time
Benefits:
Employee discount
Flexible schedule
Flexible spending account
Parental leave
Retirement plan
Shift:
Day shift
Experience:
Retail Property Acquisitions: 10 years (Required)
Ability to Commute:
Beverly, MA 01915 (Required)
Ability to Relocate:
Beverly, MA 01915: Relocate before starting work (Required)
Work Location: In person
#J-18808-Ljbffr
Founded in 1993, Brookwood Financial Partners, LLC (“Brookwood”) is a vertically integrated private equity investment firm that specializes in acquiring and managing commercial real estate and other real estate related operating businesses. We have invested $1.9 billion on behalf of Wall Street investment banks, sovereign wealth funds, college endowments, pension plans ,
and UHNW investors spanning 42 states and eight countries. We pride ourselves on our understanding of markets and economic cycles and were one of the few investment firms that proactively sold its entire legacy real estate portfolio during the historic run-up in real estate pricing prior to 2008. For over 30 years, we have worked diligently to deliver strong financial results for our investors. Having navigated myriad cycles and economic conditions, we believe our success is based on an enduring set of core values that include maintaining a strong investment discipline, empowering our employees to lead, fostering an entrepreneurial mindset, and being transparent partners with our investors.In addition to investing in over 17.1 million square feet of commercial real estate, our experience includes the pivot, in 2015, to creating and building what is now the 12th largest convenience store chain in the country, with over 430 locations across nine states.
Summary
Brookwood Financial Partners is looking for an experienced real estate executive to lead its property acquisitions efforts, with a near-term focus on acquiring grocery anchored retail shopping centers and shadow anchored retail centers in Florida, Texas and Arizona. This individual will be responsible for all aspects of the acquisitions process, including sourcing new opportunities, contract negotiations, overseeing underwriting, due diligence, and financing efforts.
Key Responsibilities
Acquisition Sourcing:
Identify and pursue both on-market and off-market acquisition opportunities.
Market Analysis:
Conduct thorough market research and report on current market trends.
Pipeline Management:
Create and maintain an active pipeline of acquisition opportunities.
Relationship Building:
Develop and sustain relationships with brokers, professional service providers, and lending sources to stay informed on market conditions and generate leads.
Negotiation:
Negotiate letters of intent and purchase and sale agreements with sellers and their legal counsel.
Due Diligence:
Lead all aspects of the due diligence process to ensure comprehensive evaluation of potential acquisitions.
Underwriting:
Oversee the evaluation and financial underwriting of properties.
Investment Committee Preparation:
Prepare detailed memorandums and presentations for the Investment Committee's review and approval.
Transition Management:
Ensure a seamless transition of acquired properties to internal asset managers, property management teams, and other personnel responsible for business plan execution and day-to-day operations.
Performance Tracking:
Monitor and evaluate the performance of acquisitions against underwriting assumptions.
Qualifications
MBA or equivalent advanced degree.
10+ years of experience in retail property acquisitions.
Exceptional interpersonal, verbal, and written communication skills.
Proven ability to manage multiple tasks and meet demanding deadlines.
Experience in managing and leading employees.
Strong financial and analytical skills, with the ability to analyze financial statements, review projections, and understand business implications.
Job Type: Full-time
Benefits:
Employee discount
Flexible schedule
Flexible spending account
Parental leave
Retirement plan
Shift:
Day shift
Experience:
Retail Property Acquisitions: 10 years (Required)
Ability to Commute:
Beverly, MA 01915 (Required)
Ability to Relocate:
Beverly, MA 01915: Relocate before starting work (Required)
Work Location: In person
#J-18808-Ljbffr