About Us
About the Company: Pacific Urban Investors (‘PUI’) is an industry-leading multi-family investment firm and pension fund manager. Headquartered in Northern California’s innovative Silicon Valley, PUI is focused exclusively on the multi-family rental space. The firm has successfully deployed well-timed strategies to the benefit of its institutional partners and stakeholders throughout the United States.
Since its inception in 1998, PUI has completed over $16 billion in apartment transactions on behalf of its own account and those of its strategic institutional partners. Today, PUI has six offices, with over eighty professionals and an owned apartment portfolio in excess of $9 billion. More information can be found at www.pacificurbaninvestors.com.
Position Overview
Job Description: We are currently hiring a Multifamily Investment Associate to join our Southern California team. Qualified candidates will have the analytical skills to accurately underwrite prospective multifamily investments throughout the Southern California markets, along with excellent verbal and written communication skills. Additionally, strong interpersonal abilities are needed to interface with brokers, owners, and internal executives. This position reports to the SVP, Investments, and is best suited for candidates with long-term aspirations of becoming an Investment Officer with direct sourcing responsibilities. Experience with multifamily investment properties is essential. This is an in-office position and works from our Los Angeles office, 5 days per week.
Primary Responsibilities & Duties:
- Create and prepare valuations for potential multifamily acquisitions utilizing Microsoft Excel – using our internal models to incorporate market data and property operating history into each valuation
- Research and analyze numerous submarkets, both from the desk and “in the field," to gain intimate knowledge of targeted opportunities
- Track rent, sales, and new development activities through the assigned markets
- Conduct and coordinate due diligence activities involving the audit of leases and financial operations, analysis of market competitors, synthesis of third-party reports, assessment of physical deficiencies, and renovation opportunities
- Prepare and present materials to PUI’s Investment Committee
- Participate in various analytical projects as required in the Investments Department
- Some travel within the Southern California area will be required
- May perform other duties as needed
Education, Skills & Qualifications:
- Bachelor’s degree required
- 3 - 5 years of relevant experience, including a sound fundamental knowledge of real estate financial analysis, due diligence, and market analysis; direct experience with multifamily real estate valuations is required
- Strong proficiency in Microsoft Excel required, as well as proficiency with MS Word & PowerPoint
- Demonstrated ability in interpersonal and business communications; excellent writing skills required
Please Note:
- For consideration, please reply to this job posting
- No phone calls or emails to members of the firm
- PUI would like to thank you for applying; however, due to the volume of responses received, only qualified candidates will receive a response
- Local candidates only, no relocation expenses provided
Benefits Overview:
The compensation plan for this role will be commensurate with the skills required for the position. As such, it will be comprised of a base salary and an annual performance-based incentive, which is determined upon individual and portfolio performance. The Company offers a comprehensive benefits package to include:
- Paid Time Off + Paid Holidays
- Paid Sick Time
- 401k + Employer Contribution
- Medical (H.S.A./HDHP option w/ Employer Contribution)
- Dental
- Vision
- Flexible Spending Accounts
- Group Term Life/AD&D
- Voluntary Life/AD&D
- Long-Term Disability
- Buy-Up Long-Term Disability
- Employee Assistance Program
- Fitness & Wellness Program
- Other Voluntary Plans
Depending on the role, other benefits such as commissions, an educational assistance program (tuition reimbursement), a referral program, and/or a car allowance may be applicable.
Top Skills
What We Do
Pacific Urban Investors (‘PUI”) is an industry-leading multifamily owner, operator, and investment manager. Headquartered in Palo Alto, CA, PUI has a national platform with offices in Los Angeles, CA, Irvine, CA, Washington, Colorado, New York, and Washington, DC. The firm has successfully deployed well-timed strategies to the benefit of its institutional partners and stakeholders throughout the United States. PUI was founded in 1998 by multifamily veteran Al Pace and industry icon George Marcus and is a multifamily specialist with expertise in executing core, value-add, and structured finance strategies. PUI has over $8.6B in assets under management and owns and manages a national portfolio of more than 20,000 apartment homes.
PUI utilizes a highly disciplined proprietary research-based investment approach to choose the markets in which we own and operate. We combine that with a local office sourcing model of dedicated investment and asset management professionals to identify, acquire, and oversee our communities.
PUI’s Structured Finance Group focuses on achieving attractive risk-adjusted returns through joint venture partnerships and preferred equity investments with qualified real estate sponsors to develop, acquire and reposition multifamily projects. The expertise gives PUI expanded strategic capabilities within its markets and increased sophistication with specialized, structured equity products and professionals.
PUI’s team of real estate professionals has distinguished themselves by focusing on the satisfaction of our residents, our fiduciary duty to investors, and creating a positive impact in the communities we own. Our commitment to our residents, employees, and stakeholders drives our evergreen results.
More information can be found at www.pacificurbaninvestors.com.
