What are the responsibilities and job description for the Acquisition Associate position at Fifteen Group Capital LLC?
Miami, Florida | Full-Time | On-Site | Markets: FL | CA | TX
Fifteen Group Capital is seeking an Acquisition Associate to play a key role in sourcing, underwriting, and executing real estate acquisition opportunities across our portfolio markets in Florida, California, and Texas. This is a high-impact role for a sharp, deal-driven professional who thrives on financial analysis and transaction execution.
Working directly with the Director of Investments and senior leadership, you will lead underwriting, manage due diligence, cultivate broker relationships, and help drive the firm's acquisition strategy across all three markets. If you want a front-row seat to every deal and real ownership over the acquisition process, this is it.
Based at our Miami headquarters, you will evaluate and execute opportunities across our target markets with regular travel to Florida, California, and Texas for property tours, broker meetings, and due diligence.
ABOUT FIFTEEN GROUP CAPITAL
Fifteen Group Capital is a real estate investment firm specializing in opportunity-driven, value-add acquisitions since 1992. With properties across California, Texas, and Florida, we take an entrepreneurial approach to finding potential where others see challenges. We're a lean organization that values decisive action, smart capital deployment, and giving our people real ownership over their work.
KEY RESPONSIBILITIESDeal Sourcing & Origination
- Cultivate and maintain relationships with brokers, owners, and other deal flow sources across Florida, California, and Texas
- Proactively source acquisition opportunities through market outreach and relationship development in all three target states
- Screen inbound opportunities against investment criteria and prepare initial assessments
- Monitor target markets for on-market and off-market opportunities and track competitive transactions
- Manage deal pipeline and maintain database of opportunities and broker contacts
- Lead financial underwriting and modeling for acquisition opportunities
- Develop detailed cash flow projections, sensitivity analyses, and return calculations
- Analyze rent rolls, operating statements, and historical financial performance
- Underwrite value-add business plans including renovation budgets and rent growth assumptions
- Model various debt structures, joint venture waterfalls, and exit scenarios
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Due Diligence Management
- Manage comprehensive due diligence process for acquisitions under contract
- Coordinate third-party reports including property condition assessments, environmental reviews, and appraisals
- Review and analyze lease files, service contracts, and operating agreements
- Conduct physical property inspections, document findings, and identify key risks and opportunities
- Prepare due diligence summaries and recommendations for the investment committee
- Conduct in-depth market research and submarket analysis across FL, CA, and TX utilizing CoStar, RealPage, and other data sources
- Develop market intelligence reports and acquisition theses for target submarkets
- Support negotiation of letters of intent and purchase agreements
- Coordinate transaction process from contract execution through closing, including lender and legal coordination
- Prepare investment committee memoranda, presentations, and lender packages
- 4–6 years of experience in real estate acquisitions, investment banking, private equity, or commercial real estate
- Demonstrated experience underwriting and closing real estate transactions
- Expert-level financial modeling and quantitative analysis skills
- Deep understanding of real estate acquisition principles, valuation methods, and transaction structures
- Outstanding written and verbal communication skills with professional presence
- Bachelor's degree in Finance, Real Estate, Economics, Business Administration, or related field
- Master's degree, MBA, or advanced degree from a top-tier program
- Experience with multifamily or commercial real estate acquisitions in California, Florida, or Texas
- Background with institutional investors, private equity, or family office real estate
- CFA, CAIA, or progress toward designation
- Argus certification; real estate license in Florida or California a plus
- Proficiency with Argus Enterprise, CoStar, RealPage, RCA, and CRM platforms
Compensation is competitive and commensurate with experience. Benefits include:
- Comprehensive medical, dental, and vision insurance
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- 401(k) retirement plan with company match
- Paid time off, holidays, and sick leave
- Professional development support
- Based at our Miami, Florida headquarters
- Regular travel required to Florida, California, and Texas for property tours, due diligence, broker meetings, and market visits (estimated 10-15% of time)
- Standard business hours with flexibility required based on deal activity; extended hours during active transactions
Apply today! Please include your resume and a summary of notable acquisitions you have underwritten or closed, with reference to any deals executed in Florida, California, or Texas.
Fifteen Group Capital LLC is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by applicable federal, state, or local law. We are committed to creating a diverse and inclusive workplace. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.
We participate in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S.
Fifteen Group Capital LLC
Miami, FL (Headquarters) | Los Angeles, CA
Salary : $105,000 - $115,000