Acquisitions Associate

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Ready to make an impact with a dynamic, forward-thinking company?

As a leading property manager of single-family rental homes nationwide, we take great pride in creating an enjoyable living experience for our residents – and an empowering, people-first culture for our team members. That’s why, for two years in a row, our employees have voted Progress a certified Great Place to Work®.

Why join Progress?

As the demand for professionally managed rental homes continues to grow, so do the opportunities at Progress. We’re looking for passionate professionals who are ready to grow with us, make a difference and be part of something meaningful.

Want to learn more?

Text “ProgressJobs” to 25000 to chat with Kate, our AI Recruiting Assistant. She can help you explore open roles, apply, and answer your questions in real time.

This role will be based in our Tempe, AZ office

Position Summary:

The Acquisitions Associate is directly responsible for the placement of $5-$20 million in capital per month through the acquisition of single-family rental homes on behalf of Progress Residential. Leveraging the company’s best in class acquisition platform, the candidate will underwrite, diligence, and negotiate the purchase of hundreds of properties each month through multiple acquisition channels. Through comprehensive market research, data-driven analysis, and ongoing engagement with local market participants, the Acquisitions Associate is expected to develop and maintain an in-depth understanding of assigned markets, including rental rates, property values, competitive activity, and emerging market trends.

Success in this role requires strong interpersonal skills, exceptional analytical capabilities, and sound business acumen to effectively execute our business strategy. Highly disciplined and a constant problem solver, the ideal candidate is detail-oriented, proactive in identifying risks and opportunities, and adapts quickly to changing market conditions. A demonstrated ability to exercise sound judgment, think critically, and continuously identify opportunities to improve processes and investment outcomes is critical to success in a dynamic and evolving investment environment.

Essential Functions:

• Analyze, underwrite, negotiate, and make purchase decisions on single-family rental acquisition opportunities across multiple sourcing channels, including MLS, off-market, new construction, and iBuyer platforms, in accordance with established investment guidelines.
• Develop and execute market-specific acquisition strategies focused on optimal asset selection, acquisition volume, and investment performance to maximize investor returns.
• Maintain a strong pipeline of acquisition opportunities by effectively utilizing market knowledge, trends, available data, and proprietary acquisition tools and platforms.
• Monitor, compile, and analyze market data, competitive activity, and investment trends to inform acquisition decisions and recommend improvements to investment strategies and departmental processes.
• Collaborate cross-functionally with corporate and local stakeholders, including construction, property management, and asset management teams, to support informed investment decisions and optimize portfolio performance.

Qualifications:

• Bachelor's degree required, preferably in Finance, Business, Real Estate, Economics, or a related field.
• Prior experience in finance, banking, real estate, investments, or a related field preferred.
• Highly self-motivated and proactive, with the ability to work independently, take initiative, and exercise sound judgment.
• Demonstrated ability to thrive in a fast-paced environment while managing multiple priorities and deadlines.
• Proficiency in Salesforce and Microsoft Excel, with the ability to analyze, interpret, and effectively utilize large datasets.
• Strong interpersonal skills, with the ability to facilitate discussions and effectively engage with internal and external stakeholders.
• Strong written and verbal communication skills.
• Willingness to travel to markets as business needs require.

What you can expect from us:

• Competitive Compensation - Including performance-based bonuses that reward your contributions.

• Comprehensive Benefits Package - Medical, dental, vision, parental leave, 401(k) with company match and more.

• Generous Time Off – Enjoy PTO based on tenure, 13 paid holidays and 1 floating holiday.

• Ongoing Learning and Development - Quarterly summits, town hall meetings and continuous training to support your professional growth.

• A Culture that Celebrates You - We believe in collaboration, recognition and having fun while doing important work.

This summary is not an all-inclusive description of job duties. Other job duties and responsibilities may also be assigned by the incumbent’s supervisor at any time based upon Company need.

Employment with Progress Residential is conditional on a satisfactory background and drug screen.

Progress Residential is a proud Equal Opportunity employer, m/f/d/v.

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