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Role Overview:
A real estate asset investment firm is looking for a Jr. VP, Acquisitions (Jr. VPA) to join their growing Acquisitions Sales team in West Palm Beach, FL. The firm manages over $6B in AUM, acquires over half a billion in assets annually and manages over 5,000 properties across the US. The firm is owned by a larger parent company which has over $60B in assets. The Jr. VPA will work directly with one of the Sr. Partners of the firm, learn the business and increase the firm’s operating income through acquisitions nationally. The Jr. VPA will act in an opener/support role and work along-side the Sr. Partner step-by-step to close deals as a team. This model gives the Jr. VPA a running head start to learn the business and the opportunity to graduate into a full VP, Acquisitions (VPA) role as early as 6-months down the line.
Day to Day:
The goal of the Acquisitions team is to call on Landowners who have existing Telecom/Cell Tower leases on their property, obtain a copy of the lease, work with the internal teams to valuate the lease, pitch an offer to the landowner and bring these leases into the firm’s portfolio. The role entails utilizing the company’s proprietary database stacked with thousands of cold and warm leads ready to be called on. There is a separate team who cleans the data, adds new leads to the database and keeps the pipeline of leads up to date.
The Jr. VPA will act as the opener, conducting outreach to landowners via phone, email, etc. and be the initial point of contact for the transaction. They will later introduce the Sr. Partner to help close the deal. While the Jr. VPA is working along side a Sr. Partner, they will split the commission of these deals. Once they get promoted to a full VPA role, they will earn full commission on the acquisitions they close.
Must Have:
Full Time
$78k-101k (estimate)
02/10/2024
06/02/2024
The job skills required for Acquisitions Associate (Downtown West Palm Beach) include Communication Skills, etc. Having related job skills and expertise will give you an advantage when applying to be an Acquisitions Associate (Downtown West Palm Beach). That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Acquisitions Associate (Downtown West Palm Beach). Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Acquisitions Associate (Downtown West Palm Beach) positions, which can be used as a reference in future career path planning. As an Acquisitions Associate (Downtown West Palm Beach), it can be promoted into senior positions as a Property Acquisitions Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Acquisitions Associate (Downtown West Palm Beach). You can explore the career advancement for an Acquisitions Associate (Downtown West Palm Beach) below and select your interested title to get hiring information.