Acquisitions Analyst Full Time

COMPANY OVERVIEW

Precision Investments is a fast-growing commercial real estate investment firm passionate about the acquisition and value enhancement of shopping centers in Texas. We have had tremendous results transforming underperforming properties with our first 12 acquisitions (totaling over 300,000 square feet with over 120 tenants) and would like to expand the company to allow for more precise execution and greater deal flow for many years to come.

MISSION STATEMENT AND CORE VALUES

Our Mission

To acquire and reposition value-add shopping centers in Texas to unlock their full potential while maximizing returns for our investors and have fun while doing it.
Core Values

• Honesty & Integrity
• Accountability
• Entrepreneurship
• Excellence
• Communication
• Initiative

POSITION OVERVIEW

We are seeking an Acquisitions Analyst to underwrite potential acquisition targets, narrow down opportunities, and present the best options with a recommended business plan to the partners of the company. This role will also perform various analyses for submission to both investors and lenders.
This role offers an exciting opportunity to underwrite over 100 deals in the first year while getting to know the major players in the local commercial real estate industry and gaining hands-on experience in commercial real estate investing. After the second year, this role is eligible for promotion to Senior Analyst.
The ideal candidate will possess strong analytical and technical skills, a solid foundation in commercial real estate, exceptional attention to detail, and excellent organizational abilities. They should be sharp, thorough, self-motivated, and capable of working independently for extended periods. Additionally, the candidate should be coachable, proactive, and eager to take initiative in their role.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Creating proformas for acquisition feasibility and profitability
• Narrowing down acquisition targets based on findings
• Recommending business plans based on lease-up, rollover, mark-to-market, and overall risk exposure
• Maintaining current supporting information for debt and proposed financing
• Preparing investment memos and investor packages for new deals
• Working on deal-related due diligence, including identifying CapEx requirements specific to the acquisition
• Performing deal-related analyses to increase Precision Investments’ knowledge of surrounding markets and comparing market data to that gathered by the Deal Team
• Performing detailed analyses of submarkets in which Precision Investments operates, including knowledge of: Rental Comparables, Land Sale Comparables, Competitor Analysis, Acquisition Opportunities, and City and Property-Related Due Diligence
• Reforecasting investor equity multiples and IRRs on owned properties quarterly
• Overseeing construction and maintenance of future database of properties within Precision Investments’ acquisition criteria

REQUIREMENTS

• 1-3 years of financial analysis and modeling experience
• Fundamental knowledge of commercial real estate
• Strong analytical and technical skills
• Advanced knowledge of Excel

PREFERRED EXPERIENCE

• CoStar, LoopNet, ARGUS, and other commercial real estate underwriting tools is a plus

WHAT WE OFFER

• Salary: $65,000 – $80,000 per year dependent upon experience level of candidate, plus Quarterly Bonuses
• Ability to invest in our deals, plus a small free GP stake in each acquisition
• Health Insurance
• Vacation, holidays, and Paid Time Off (PTO)
• Opportunities for career growth and development within an expanding company
• A collaborative and supportive work environment

APPLICATION INSTRUCTIONS

Please apply by:

• Complete the Culture Index Applicant Survey: https://go.cultureindex.com/p/ludiqDxltoZ
• Submit your resume to Evan Williams at: ewilliams@precisioninvestments.com