Director, Investment Management Group

Posted:
9/24/2024, 2:23:53 AM

Location(s):
Georgia, United States ⋅ Atlanta, Georgia, United States

Experience Level(s):
Senior

Field(s):
Finance & Banking

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 Do

  • Provide 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 Plan

  • Interact 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 properties

  • Lead the acquisition and disposition process through all aspects, including sourcing, market research, due diligence, negotiations, and closings

  • Develop relationships with current owners, brokers and other industry professionals in the regions

  • Oversee 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) targets

  • Collaborate with Asset Management in identifying and reviewing candidates for VE, Revenue Enhancing Capital Expenditures (RevEx) and single asset dispositions

  • Review and understand all offering materials related to potential acquisitions and be able to provide insightful analysis

  • Ability to create and prepare valuation and cash flow models to resolve the viability of potential investments and develop recommendations and reports based upon findings

  • Assemble underwriting in a concise manner, providing a recommendation for potential investment

  • Prepare weekly reporting on updated opportunities and status

  • Potentially oversee and manage teams that may include Analysts or Associates

  • Oversee and manage individual and, in some cases, multiple Metropolitan Statistical Areas (MSA’s)

  • Lead Regional Investment Committee’s for MSA’s covered

  • Prepare materials for internal presentations

Who We’re Looking For

  • Bachelor’s degree in Finance, Real Estate, or a related field

  • Four years of experience in residential acquisitions or institutional real estate; Single family preferred

  • Demonstrated ability in extensive, detailed data analysis and reporting

  • Current driver’s license and automobile insurance

  • Comprehension of federal fair housing laws and any applicable local housing provisions preferred

  • Professional verbal and written communication skills

  • Proficiency using Outlook particularly Microsoft Word, Excel, and PowerPoint: Salesforce preferred

  • Ability to facilitate presentations or speak in public to large groups

  • Excellent customer service and interpersonal skills; ability to relate to and get along with others

  • Strong organizational and time-management skills

  • Ability to multi-task and maintain flexibility and creativity in a variety of situations

  • Ability to analyze and resolve problems

  • Ability to maintain confidentiality

Why 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 associates

  • Generous paid time off plans including vacation accrual, sick time, volunteer time, and standard and floating holidays

  • 401k with matching company contributions

  • Awesome work environment with casual dress

  • Team events and gatherings

  • Employee 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 program

  • Health, dental, vision, and life insurance

  • Long-term and short-term disability insurance

  • Generous paid time off plans include vacation accrual, sick time, standard holidays and floating holidays

  • 401(k) with company matching contributions

  • Awesome work environment with casual dress

  • Team 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 [email protected].

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.