What are the responsibilities and job description for the Acquisition Manager position at Cohabs?
Cohabs is one of the world’s largest and fastest-growing co-living developers and operators. Founded in Brussels 10 years ago, we acquire, renovate, and manage co-living properties across 9 global cities, creating a connected network of fully furnished, community-driven homes.
In the U.S., Cohabs operates 50 properties across New York City and Washington, DC, with plans to acquire 25 new properties annually as we continue expanding nationwide. We target 3-5 unit (3,000-12,000), vacant free-market residential properties as well as office conversions.
The Acquisition Manager will report directly to the US Senior Director and will assist with the sourcing, underwriting and closing of New York City assets. The hire would initially focus on New York with the opportunity to expand into several new markets.
Responsibilities
Source Deals
- Build a network of multi-family brokers within New York City to source new opportunities
- Maintain a large pipeline of potential opportunities with weekly reporting to the US and HQ teams on actionable deals
Tour, Underwrite and Present New Deals
- Tour properties, take measurements, assess physical condition, and evaluate co-living feasibility
- Collaborate with architects, GCs, and the design team to develop co-living floor plans and business plans
- Underwrite opportunities and prepare detailed investment memoranda for U.S. and HQ approval
- Support due diligence, financing, and other pre-closing tasks
Deal Execution
- Lead closing process including the due diligence, legal and administrative processes
- Facilitate hand-off to our project management teams following asset acquisition
Qualifications
- 2–5 years of experience in residential acquisitions, development, or brokerage within the NYC market
- Strong financial modeling skills and understanding of real estate fundamentals
- Existing NYC broker/deal network that can be leveraged for immediate deal flow
- Self-starter who thrives in a high-autonomy, fast-paced, start-up environment
- Scrappy, persistent, and energized by the challenges of the NYC residential market
- Positive attitude and sense of humor — we work hard, move fast, and enjoy the journey
If you’re humble, hard-working, and excited about reshaping how people live in major cities, this is an opportunity to join a global team at the forefront of co-living innovation and growth.