This is full-time Monday to Friday 9AM to 6PM, with additional hours/times as needed in Aventura, FL
About the Company:
Cardone Capital, located in Aventura, FL, acquires and manages real estate properties with a focus on both near-term income generation and long-term value creation. Grant Cardone, CEO, created Cardone Capital to provide everyday investors access to the institutional-grade real estate deals that are normally reserved for only the largest investors. Cardone Capital offers investment funds that invest directly in private real estate transactions. To date, the company has deployed approximately $1.6 Billion across 26 funds. Cardone Capital's real estate portfolio consists of (i) 14,199 apartment units contained within 43 multifamily properties and (ii) two office properties comprising approximately 500,000 square feet.
Position: Acquisition Analyst
Cardone Capital has an immediate opening for an Acquisitions Analyst to join our dynamic real estate team. You will assist the acquisitions team in sourcing marketed and off-market multifamily investment opportunities in target markets.
Responsibilities:
- Manage and oversee all analyst functions of the investment process
- Review underwriting, investment memos, and running the due diligence/closing process
- Co-sourcing involves creating and maintaining relationships with principals and investment sales brokers, tracking pipeline of potential investment opportunities, and screening deals based on Cardone Capital's investment criteria
- Partners directly with lenders (agency, bank, debt fund) to source, evaluate, and close the optimal form of debt capital for each investment opportunity
- Prepare financial modeling and underwriting for real estate acquisitions
- Develop new or auditing of existing excel models
- Present and discuss financial models to senior members of management, banks and brokers
- Maintain acquisition funnel and deal database
- Compilation of market data and sales info for meetings, quarterly reports, presentations and offering memorandums
- Compile property and debt data for meetings, inquiries, etc.
- Assist writing proposals, presentations and investment memorandums
- Assist with transaction due diligence, including coordinating third-party vendors
- The position will have exposure to all facets of real estate transactions with an opportunity for substantial involvement
Qualifications:
- Bachelor's degree in Real Estate, Business, Finance, Accounting, Economics or similar field required
- Minimum of three years of professional real estate underwriting experience, preferably multifamily
- Experience with real estate valuation processes, real estate underwriting, cash flow analysis, and return on investment principles
- Strong ability to turn data into actionable insights and influence decision-making by senior leadership
- Creative and relentless prioritization mindset to constantly reduce manual processes and drive strategic conversations
- Ability to collaborate effectively with colleagues and build structure in an ambiguous environment
- Expert Excel, Word and PowerPoint skills a must along with strong quantitative and analytical skills
- Experience in Yardi preferred
- Maintain the strictest of confidence while dealing with confidential matters
- Professional verbal and written communication skills
- Ability to work in an intense, fast paced environment
- Superior attention to detail
- Excellent organizational skills