Analyst - Acquisitions & Development

Posted 13 Days Ago
Be an Early Applicant
Salt Lake City, UT
Junior
Real Estate
The Role
The Acquisitions & Development Associate will underwrite and manage asset acquisitions for multifamily and commercial developments across the U.S., assist with due diligence, and communicate with various stakeholders while reporting findings to senior management.
Summary Generated by Built In

Make an impact

As the Acquisitions & Development Associate, you will contribute meaningfully to the acquisition and asset management of large development deals throughout the United States. You will be responsible for effectively underwriting, performing due diligence, and asset managing multifamily and other commercial developments for the largest Opportunity Zone investment platform in the country and will report directly to the Vice President of Acquisitions.

  • Underwrite multifamily, commercial office, industrial, and other property types in the largest 50 markets throughout the U.S.
  • Communicate professionally with developer partners, brokers, lenders, and property managers
  • Report underwriting findings to senior management
  • Assist in the due diligence and closing process for all deals in your region
  • Frequently travel to our property sites and learn submarket dynamics to assist with underwriting and asset management
  • Manage and train analyst level staff as needed

What you should bring

  • Bachelor’s degree in finance (or related field)
  • 2-4 years' experience in real estate acquisitions (internships acceptable)
  • Demonstrated financial modeling skills; capability of building complicated loan and/or waterfall structures when needed
  • Advanced MS Excel
  • Strong technical writing skills, document assembly, and verbal communication skills
  • Ability to communicate effectively with executive management
  • Demonstrated ability to solve problems proactively and creatively
  • An intuitive sense to navigate the dynamics of each asset and understand how various assumptions drive asset performance
  • Argus experience a plus

What you will be part of

We are a diverse team of individuals who come together to achieve common goals. We are proud of our ability to work as a team and develop each other and love the excitement of our rapidly growing real estate vertical. Bridge Development Fund Manager is a specialized group made up of architects, contractors and developers, and investment management professionals who focus on the acquisitions, development, construction, and asset management of real estate assets related to qualified opportunity zones. We evaluate and act on investment opportunities that provide strong returns for our investors. In just three years our vertical has grown from six projects under construction to over 70 today. This growth has been possible because of our team’s tremendous work ethic, ability to implement best practices at a fast pace, and our ability to trust each other while we focus on the goals ahead. We work very hard, but also maintain a healthy work-life balance and the atmosphere of respect and lighthearted interaction makes our jobs very rewarding.

What we offer

  • Generous base salary and bonus program
  • Full benefits suite including 401K, above-average PTO, Parental Leave, and Medical, Dental, Vision
  • Access to benefits concierge service
  • Access to Mental Health & well-being service
  • Be part of a culture that is truly open door, with access to mentorship, leadership training, career advancement, and innovation
  • Opportunities to join employee resources groups and participate in events hosted by the Bridge Women’s Network, Black Inclusion Group, BIG Pride, Allies for AAPI, Unidos Latino and Hispanic Group, Bridge of Honor Veterans, and Advocates for Accessibility
  • Opportunity to be involved in community outreach and charity events

We at Bridge acknowledge and appreciate the uniqueness of each individual, understanding that our people are the key to our success. We are committed to fostering an inclusive environment where everyone feels respected and valued. Our dedication extends beyond our business goals to making a positive impact in our communities and upholding Sustainability and Responsibility (S&R) principles at our properties and corporate locations. We evaluate all candidates based on merit, without any discrimination based on race, color, religion, sex, age, disability, sexual orientation, national origin, or any other category protected by law. As an equal opportunity employer, we are devoted to creating an inclusive hiring process. We actively work to eliminate barriers and provide reasonable accommodations to qualified individuals with disabilities. Our goal is to provide fair opportunities and access throughout the recruitment, hiring, and employment experience. Your specific needs are important to us. If you need accommodations related to a disability or any other protected status during the recruitment process, please inform us.

Want to talk with someone about Bridge Culture?

At Bridge, we understand that joining a new workplace is a significant decision. To help you gain deeper insights into our culture, we offer "Culture Conversations." This initiative reflects our commitment to transparency, diversity, and inclusivity.

Culture Conversations are voluntary, one-on-one sessions designed for applicants to connect directly with our diverse staff members. It's your chance to explore the Bridge work environment, ask questions, and get a genuine feel for what it's like to be part of our team.

How it Works:

Culture Conversations are entirely voluntary. Feel free to opt in based on your comfort and curiosity. Choose Your Conversation Partner: We believe in the power of choice. Browse through our diverse group of staff members and select someone you'd like to have a conversation with. This ensures that you connect with someone whose experiences and insights align with your interests. No Impact on the Hiring Process: Your decision to participate or not in Culture Conversations has no bearing on the hiring process. We value your time and references.

Why Participate:
You get to have a firsthand understanding of our workplace culture. Informed decisions lead to fulfilling careers. Culture Conversations empower you with the information needed to make the right choice for your professional journey.

  • Personalized Connection: Connect with an employee who resonates with your professional interests.
  • Inclusivity: Embrace diversity by choosing a conversation partner from various backgrounds and roles.

Top Skills

Argus
Excel
The Company
HQ: Sandy, UT
592 Employees
On-site Workplace
Year Founded: 2009

What We Do

Bridge Investment Group ("Bridge") is a leading, vertically integrated real estate investment manager, diversified across specialized asset classes, with approximately $38.8 billion of assets under management as of March 31, 2022. Bridge combines its nationwide operating platform with dedicated teams of investment professionals focused on select U.S. real estate verticals: residential rental, office, development, logistics properties, net lease and real estate-backed credit.

Our in-depth knowledge of local markets, as well as our extensive real asset and capital markets expertise, enable us to develop prolific deal flow and to deploy active asset management and monitoring across our business lines.

Our “owner-operator” perspective can generate deep capabilities to understand assets and source less-than-fully-marketed deal flow from industry participants. We target acquisitions and loans in growth markets where we maintain a strong local operating footprint and where we believe there are more opportunities for value-add investments, which allows us to build portfolios of investments individually asset by asset and target portfolio level premiums at exit.

Our asset management strategy is specialized and focused in a way that emphasizes current income and capital appreciation while mitigating risk. By making improvements that build lasting communities, increase renter satisfaction, and ultimately bring value to investors, we seek to “create alpha” at the asset level.

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