VP, Regional Sourcing & Acquisitions

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Amherst is revolutionizing the way U.S. real estate is priced, managed and financed in order to unlock opportunities for all market participants. Driven by data, analytics, and technology, Amherst has a 20-year history of anticipating where the next risks and opportunities are likely to emerge and designing actionable strategies for investors to capitalize on opportunities across residential real estate, commercial real estate and public securities. Amherst, along with its affiliates and subsidiaries, has more than 900 employees, $5 billion under management and approximately $15 billion under advisement and oversight. www.amherst.com.

Responsible for all regional sourcing and acquisitions of land, paper lots, CoO deals, and purpose-built communities to support Amherst. This entails sourcing, preliminary underwriting, structuring, negotiating, and executing acquisitions of all deal types that fall under Amherst Homes.

Core Responsibilities:

  • Source and build pipeline within the assigned region of homebuilders, developers, lenders, investors, brokers, and institutional operators to acquire community investment and development opportunities

  • Manage pipeline tracking and ensure all deals are tracked across their lifecycle

  • Direct investment analysis including underwriting, financial modeling, and preparation and presentation of investment memos to Investment Committee, senior leaders, investors, and joint venture partners in conjunction with Private Equity team and Underwriting team

  • Manage operational and financial due diligence processes; work with Development team to ensure they are conducting and reviewing site visits, feasibility analyses, market studies, developer/builder assessments, etc.

  •  Maintain understanding of macro-economic and demographic trends within target markets and assist in efforts to expand market footprint

  • Understand micro-neighborhoods within target markets to help build development pipeline

  • Mentor, train, and oversee work product and responsibilities for junior members of Sourcing team

  • Help formalize templates and workflows to facilitate smooth investment processes

  • Report into Head of Sourcing, manage junior pool of Associates and Analysts

  • Collaborate closely with Private Equity and Development counterparties internally to move deals across the business

  • Ensure smooth handoffs between internal counter parties to successfully close a deal

  • Constantly think about ways to innovate, acquire more land/homes, and improve Amherst Homes as we launch the business and operate in an agile environment

Qualifications:

  • BA or BS in Finance, Economics, Business or related field; MBA preferred or Masters in RE Finance

  • 8-10 years of direct acquisitions and underwriting of commercial, residential and/or retail properties;

  • Minimum of four years of supervisory experience;

  • Expert knowledge of Excel

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.

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