Acquisition Associate- Multi-family RE

Acquisitions Associate – National Multifamily Equity REIT

Location: Onsite | Great Neck, NY

Compensation: $160,000–$190,000 base salary bonus generous benefits

Employment Type: Full-Time, Onsite- in Long Island, option to work in Manhattan 2 days/wk

About the Role

Our client, a nationally recognized multifamily equity REIT, is seeking an Acquisitions Associate to join their team in Great Neck, NY. This individual will play a key role in evaluating and executing multifamily acquisitions across major U.S. markets. The role offers exceptional exposure to senior leadership, strong compensation, and long-term growth opportunities within a well-capitalized real estate platform.

Responsibilities

• Evaluate incoming opportunities from brokers and partners and conduct initial investment screening.
• Perform detailed underwriting, financial modeling, and return analyses in Excel.
• Review and compare internal assumptions with broker and partner numbers to ensure accuracy and alignment.
• Interpret financial data using RealPage and other internal reporting tools.
• Present underwriting and recommendations weekly to senior leadership, including acquisitions and asset management teams.
• Prepare investment memos summarizing deal assumptions, capital structure, risks, and projected returns.
• Present acquisition opportunities to the Investment Committee and revise analyses as needed.
• Conduct frequent calls with brokers and partners to gather due-diligence information and validate deal assumptions.
• Support due diligence and transaction execution alongside internal and external stakeholders.
• Manage a high volume of annual deal flow (approx. 50 opportunities per year), with roughly 6 advancing to later-stage evaluation.
• Assist with portfolio sales analysis and portfolio-level underwriting when needed.
• Underwrite complex deal structures including preferred equity, development opportunities, and non–cookie-cutter multifamily assets, which require adaptable modeling and creative structuring.
• Operate effectively in a competitive environment where sourcing and closing acquisitions can be challenging.

Requirements

• Minimum 6 years of real estate experience, specifically in acquisitions or underwriting.
• Multifamily real estate experience is required.
• Strong Excel financial modeling and analytical capabilities.
• Familiarity with RealPage or similar financial data platforms preferred.
• Ability to manage high-volume deal flow and adapt to varying deal structures.
• Bachelor’s degree required.

*************LOCAL CANDIDATES ONLY *************

Please Note: This position is open to candidates who are authorized to work in the United States without the need for current or future visa sponsorship. We are not able to consider C2C arrangements or third-party submissions.