Manager of Acquisitions, Transactions

Posted:
12/24/2024, 12:39:58 AM

Location(s):
Ohio, United States ⋅ Cleveland, Ohio, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Finance & Banking

Location

Key Tower - 127 Public Square

Business

We know that a “one-size-fits-all” approach doesn’t work when it comes to residential living. That’s why, at Brookfield Properties, our portfolio features a wide range of options for any stage of life. And though our properties may be diverse, one thing is universal: all offer the unparalleled quality, service, and support our residents deserve.

If you’re ready to be a part of our team, we encourage you to apply.

Job Description

Position Summary

The Manager of Acquisitions, Transactions will play a pivotal role in managing the Transactions department's acquisition and transaction process. This includes overseeing all aspects of acquisitions, capital investments, and partner relationships. The Manager will collaborate closely with internal stakeholders including Portfolio, Investment, and Asset Management teams, to ensure seamless execution and alignment with organizational goals.

Essential Job Functions

Job Function #1: Transaction Management & Due Diligence:

• Collaborate closely with the Asset, Portfolio, and Investment teams to analyze key findings and provide actionable recommendations that influence return and financial performance. Ensure accountability for inputs and assumptions throughout the underwriting and transaction process.

• Oversee and verify the accuracy of due diligence materials, identifying any potential issues that could impact the transaction's return or financial performance, ensuring thorough risk assessment.

• Manage key deadlines for tasks and activities related to transactions. Proactively identify and resolve issues that may impede the closing process, ensuring timely and successful deal execution.

• Assist cross-functional teams in identifying and mitigating pre- and post-acquisition challenges, while managing expectations around closing timelines, progress, deliverables, and deadlines. (60%)

Job Function #2: Strategic Planning & Execution:

• Partner with FP&A, Portfolio, and Asset Management teams to manage the acquisition process, providing insights, recommendations, and presentations to key stakeholders and decision-makers, helping to guide strategic decisions.

• Develop a comprehensive understanding of each deal's structure, business plan, fund-level objectives, and key performance risks, ensuring informed decision-making and strategic alignment.

• Define post-acquisition actions required to implement the business plan’s strategy, align with fund-level objectives, create operational budgets, and transition assets onto Brookfield Properties Multifamily's platform. (30%)

Job Function #3: Other Duties 

• Other special projects as needed, providing support to ensure smooth execution and alignment with organizational objectives. (10%)

Education

This position requires a(n) Undergraduate (Bachelor) Degree in Real Estate, Finance, Accounting

Advanced (Master) Degree in Real Estate, Finance, Accounting preferred

 

Work Experience

5-7 Years of Required Experience: Multifamily portfolio management, Asset Management and Analysis; Project management and transaction experience with Multifamily Assets

5-7 Years of Preferred Experience: Multifamily Operations Experience 

Great Incentives!

  • Brookfield Properties cares about the well-being and work-life balance of our valued associates! To show how much we care, we offer awesome incentives that include: 

  • Full benefits package 

  • Generous paid time off 

  • 401(k) with company match 

  • Growth and advancement opportunities 

  • Lucrative referral bonus program 

Equal Opportunity Employer: Minorities/Religion/Sex/Protected Veterans/Disability/Sexual Orientation/Gender Identity/Marital Status/Pregnancy/Age/National Origin/Genetic Information. Drug free workplace 

#LI-DG24

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.

#BPMF