Invitation Homes
Director, Investment Management Group
Invitation Homes, Atlanta, Georgia, United States, 30383
Who We Are
Invitation Homes is a fast-paced evolving publicly traded REIT that is pioneering a new industry with over 80,000 single family rental homes and a market capitalization of over $25 billion. We are a team of more than 1,400 associates who come from all walks of life. We call different communities "home," but our shared values bind us together. Invitation Homes is a place where possibility lives.
The Director of the Investment Management Group is responsible for all aspects of single-family residential property acquisitions and dispositions from an analytical and qualitative perspective. Responsibility includes working in conjunction with Regional Operations teams on new asset acquisitions and dispositions. Demonstrate expertise in performing residential buy and hold analysis contributing to portfolio optimization.
What You'll DoProvide portfolio, submarket, and asset-level support and direction to Regional Operations teams for asset acquisitions and dispositions to facilitate the company's annual Capital Allocation PlanInteract with brokers or potential buyers with respect to any sale or disposition of assets, including analyzing all available due diligence materials, financial materials, or other information with respect to the propertiesLead the acquisition and disposition process through all aspects, including sourcing, market research, due diligence, negotiations, and closingsDevelop relationships with current owners, brokers and other industry professionals in the regionsOversee collaboration with Rehab, Turns and Maintenance (RTM) to ensure the timely completion of post-acquisition rehabs and disposition turns ensuring that assets are delivered within budget and scope and conform to Cost-to-Maintain (CTM) targetsCollaborate with Asset Management in identifying and reviewing candidates for VE, Revenue Enhancing Capital Expenditures (RevEx) and single asset dispositionsReview and understand all offering materials related to potential acquisitions and be able to provide insightful analysisAbility to create and prepare valuation and cash flow models to resolve the viability of potential investments and develop recommendations and reports based upon findingsAssemble underwriting in a concise manner, providing a recommendation for potential investmentPrepare weekly reporting on updated opportunities and statusPotentially oversee and manage teams that may include Analysts or AssociatesOversee and manage individual and, in some cases, multiple Metropolitan Statistical Areas (MSA's)Lead Regional Investment Committee's for MSA's coveredPrepare materials for internal presentationsWho We're Looking For
Bachelor's degree in Finance, Real Estate, or a related fieldFour years of experience in residential acquisitions or institutional real estate; Single family preferredDemonstrated ability in extensive, detailed data analysis and reportingCurrent driver's license and automobile insuranceComprehension of federal fair housing laws and any applicable local housing provisions preferredProfessional verbal and written communication skillsProficiency using Outlook particularly Microsoft Word, Excel, and PowerPoint: Salesforce preferredAbility to facilitate presentations or speak in public to large groupsExcellent customer service and interpersonal skills; ability to relate to and get along with othersStrong organizational and time-management skillsAbility to multi-task and maintain flexibility and creativity in a variety of situationsAbility to analyze and resolve problemsAbility to maintain confidentialityWhy Invitation Homes
We stand for flexibility, opportunity, and a home that people can make their own. It's as true for our associates as it is for our residents. Just like we help our residents live freer, we liberate our associates' careers, too. Our associates know that at Invitation Homes goals matter, potential is unlocked, and careers thrive. Invitation Homes isn't just a work place it is a possibility place. Invitation Homes offers the below to each new associate:
Competitive pay and an annual bonus program for all associatesGenerous paid time off plans including vacation accrual, sick time, volunteer time, and standard and floating holidays401k with matching company contributionsAwesome work environment with casual dressTeam events and gatheringsEmployee resource groups: Together with Women, Asian Alliance, Black Collective, Juntos, Gen Next, and Open Invitation.Invitation Homes truly is where possibility lives, pour a new foundation here!
Salary Range$116,700.00 - $202,280.00
Compensation and Benefits
To attract and retain top talent, we're pleased to offer competitive compensation and benefits, including:
Annual bonus programHealth, dental, vision, and life insuranceLong-term and short-term disability insuranceGenerous paid time off plans include vacation accrual, sick time, standard holidays and floating holidays401(k) with company matching contributionsAwesome work environment with casual dressTeam events and gatherings (Pre- and Post-Covid)
Invitation Homes is an equal opportunity employer committed to fostering a diverse, inclusive and innovative environment with the best associates. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, Veteran status or any other factor protected by applicable federal, state or local law. If you have a disability or special need that requires accommodation, please contact us at humanresources@invitationhomes.com.
To all recruitment agencies: Invitation Homes does not accept agency resumes. Please do not forward resumes to Invitation Homes employees. Invitation Homes is not responsible for any fees related to unsolicited resumes.
Invitation Homes is a fast-paced evolving publicly traded REIT that is pioneering a new industry with over 80,000 single family rental homes and a market capitalization of over $25 billion. We are a team of more than 1,400 associates who come from all walks of life. We call different communities "home," but our shared values bind us together. Invitation Homes is a place where possibility lives.
The Director of the Investment Management Group is responsible for all aspects of single-family residential property acquisitions and dispositions from an analytical and qualitative perspective. Responsibility includes working in conjunction with Regional Operations teams on new asset acquisitions and dispositions. Demonstrate expertise in performing residential buy and hold analysis contributing to portfolio optimization.
What You'll DoProvide portfolio, submarket, and asset-level support and direction to Regional Operations teams for asset acquisitions and dispositions to facilitate the company's annual Capital Allocation PlanInteract with brokers or potential buyers with respect to any sale or disposition of assets, including analyzing all available due diligence materials, financial materials, or other information with respect to the propertiesLead the acquisition and disposition process through all aspects, including sourcing, market research, due diligence, negotiations, and closingsDevelop relationships with current owners, brokers and other industry professionals in the regionsOversee collaboration with Rehab, Turns and Maintenance (RTM) to ensure the timely completion of post-acquisition rehabs and disposition turns ensuring that assets are delivered within budget and scope and conform to Cost-to-Maintain (CTM) targetsCollaborate with Asset Management in identifying and reviewing candidates for VE, Revenue Enhancing Capital Expenditures (RevEx) and single asset dispositionsReview and understand all offering materials related to potential acquisitions and be able to provide insightful analysisAbility to create and prepare valuation and cash flow models to resolve the viability of potential investments and develop recommendations and reports based upon findingsAssemble underwriting in a concise manner, providing a recommendation for potential investmentPrepare weekly reporting on updated opportunities and statusPotentially oversee and manage teams that may include Analysts or AssociatesOversee and manage individual and, in some cases, multiple Metropolitan Statistical Areas (MSA's)Lead Regional Investment Committee's for MSA's coveredPrepare materials for internal presentationsWho We're Looking For
Bachelor's degree in Finance, Real Estate, or a related fieldFour years of experience in residential acquisitions or institutional real estate; Single family preferredDemonstrated ability in extensive, detailed data analysis and reportingCurrent driver's license and automobile insuranceComprehension of federal fair housing laws and any applicable local housing provisions preferredProfessional verbal and written communication skillsProficiency using Outlook particularly Microsoft Word, Excel, and PowerPoint: Salesforce preferredAbility to facilitate presentations or speak in public to large groupsExcellent customer service and interpersonal skills; ability to relate to and get along with othersStrong organizational and time-management skillsAbility to multi-task and maintain flexibility and creativity in a variety of situationsAbility to analyze and resolve problemsAbility to maintain confidentialityWhy Invitation Homes
We stand for flexibility, opportunity, and a home that people can make their own. It's as true for our associates as it is for our residents. Just like we help our residents live freer, we liberate our associates' careers, too. Our associates know that at Invitation Homes goals matter, potential is unlocked, and careers thrive. Invitation Homes isn't just a work place it is a possibility place. Invitation Homes offers the below to each new associate:
Competitive pay and an annual bonus program for all associatesGenerous paid time off plans including vacation accrual, sick time, volunteer time, and standard and floating holidays401k with matching company contributionsAwesome work environment with casual dressTeam events and gatheringsEmployee resource groups: Together with Women, Asian Alliance, Black Collective, Juntos, Gen Next, and Open Invitation.Invitation Homes truly is where possibility lives, pour a new foundation here!
Salary Range$116,700.00 - $202,280.00
Compensation and Benefits
To attract and retain top talent, we're pleased to offer competitive compensation and benefits, including:
Annual bonus programHealth, dental, vision, and life insuranceLong-term and short-term disability insuranceGenerous paid time off plans include vacation accrual, sick time, standard holidays and floating holidays401(k) with company matching contributionsAwesome work environment with casual dressTeam events and gatherings (Pre- and Post-Covid)
Invitation Homes is an equal opportunity employer committed to fostering a diverse, inclusive and innovative environment with the best associates. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, Veteran status or any other factor protected by applicable federal, state or local law. If you have a disability or special need that requires accommodation, please contact us at humanresources@invitationhomes.com.
To all recruitment agencies: Invitation Homes does not accept agency resumes. Please do not forward resumes to Invitation Homes employees. Invitation Homes is not responsible for any fees related to unsolicited resumes.