Transaction Coordinator, Off Market Acquisition
The Amherst Group of companies comprise of leading real estate investment and advisory firms with a mission to transform the way real estate is owned, financed and managed. Amherst leverages its proprietary data, analytics, technology, and decades of experience to seek solutions for a fragmented, slow-to-evolve real estate ecosystem and to materially improve the experience for residents, buyers, sellers, communities, and investors. Today Amherst has over 1000 employees and $14.1 billion in assets under management.
Over the past decade, Amherst has scaled its platform to become one of the largest operators of single-family assets and has acquired, renovated, and leased more than 46,000 homes across 32 markets in the U.S. The firm delivers customized, stabilized cash-flowing portfolios of assets to its investors, wrapped in all the ongoing services required to manage, own, and finance the asset including property management, portfolio management, and a full capital markets team. In addition to its single-family rental platform, Amherst’s debt business pursues two distinct credit strategies in mortgage-backed securities and commercial real estate lending. Over its 25-year history, Amherst has developed a deep bench of research and technology talent, and leverages data and analytics at every stage in the asset lifecycle to improve operations and preserve long-term value for our investors and the more than 188,000 residents the firm has served.
We’re looking for an individual who is well-rounded in highly sophisticated real estate operations. Our team is highly collaborative and moves fast on executing efficiently. The ideal candidate is well-versed in vacant lots/land deals, the single-family residential market and capable of engaging in complex operational processes across multiple markets. Keeping a diligent eye on all things operations they will be directly responsible for supporting the administrative work related to the acquisition workflow. This will include directly developing and managing deal flow from realty network partners in assigned markets, offering management to virtual research and sales teams, coordinating inspections, and general administrative support of off-market acquisitions. This role is a key contributor to our growing off-market acquisitions team. They will help facilitate the acquisition of targeted single-family residential properties. This is a full-time position.
Job Responsibilities include but are not limited to:
Maintain and manage active, off-market acquisition pipeline
Process new contract acceptances, contract review, open escrow, send opening emails to internal and external teams, data input in Salesforce, upload contract documents and wiring instructions
Manage transaction Due Diligence inspection period deadlines
Prepare and send due diligence and closing date extensions, concession and credit amendments, and terminations
Communicate efficiently with cross-functional teams to create a seamless transaction experience
Track property occupancy status to ensure proper documentation is obtained prior to closing
Proactively look for issues that could cause close delays and use problem-solving skills to resolve the issues
Ensure file accuracy prior to closing team handoff
Perform additional duties as requested or assigned
Desired Skills and Experience:
At least 2 years prior experience in single-family residential real estate (e.g. experience with single-family residential investing/operations, national accounts, lot deals, homebuilding, or brokerage).
5+ years of experience in real estate contracts, title and escrow, or mortgage origination preferred
Self-motivated and dependable
Proven track record of success in goal achievement.
Experience using software to manage operations.
Customer service focused and detail-oriented
Excellent communication skills, both written and verbal
Look for innovative ways to improve our business
Must be able to multi-task in a fast-paced work environment
Who you are:
High energy and action-oriented with a history of getting things done in complex, fast-moving environments.
Successful in entrepreneurial and start-up environments, with a drive to get things done.
Possesses customer empathy with a mindset of finding ways to balance delivering a superior customer experience and a successful operational and financial outcome for our business.
Sees ambiguity as an opportunity, and obstacles as chances to build new solutions.
Our full-time employee benefits include:
A competitive compensation package, annual bonus, 401k match
Flexible PTO including 7 paid holidays, 1 floating holiday, and 1 volunteer day
Employer-paid benefits (medical, dental, vision, health savings account)
Professional career development and reimbursement
Up to 16 weeks paid maternity leave; up to 4 weeks of paid parental leave
Backup childcare offered through Bright Horizons
Relaxed casual environment with virtual office events
Amherst is proud to be an Equal Opportunity Employer and committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, national origin, gender, pregnancy, sexual orientation, gender identity, age, physical or mental disability, genetic information or veteran status, and encourage all applicants to apply.