TruAmerica Multifamily

Director, Acquisitions (New Jersey, Remote)

Full Time · $200,000 - $225,000 · New Jersey, Remote

A six-time Great Place to Work-Certified™ company, most recently in 2026.

About TruAmerica

Founded in July 2013, TruAmerica Multifamily is a partnership between industry veteran Robert E. Hart and The Guardian Life Insurance Company of America. The company is based on the premise that tremendous upside potential remains in mid-tier apartment communities that can be unlocked through tailored renovation, repositioning strategies, and focused management. TruAmerica Multifamily is a privately held, fully integrated real estate investment firm that invests in apartment communities located in primary and secondary markets throughout the country. We continue to grow by selectively acquiring, redeveloping, and effectively managing multifamily properties. TruAmerica has grown to become a Top 25 apartment owner in the United States, according to the National Multifamily Housing Council (NMHC), and is the youngest manager in the NMHC Top 50. Today, TruAmerica has over 60,000 units in 25 high-growth markets and approximately $16 billion of assets under management.

Objective

To identify, acquire, and manage multifamily investment opportunities that align with TruAmerica's strategic goals of delivering superior investor returns. The role focuses on underwriting, sourcing, and overseeing the acquisition process for assets across primary and secondary markets, ensuring alignment with the company's mission to maximize value through renovation, repositioning, and operational excellence.

Responsibilities

Underwriting

• Performs underwriting of multifamily assets and/or oversees analysts/managers who perform underwriting of the multifamily assets process.
• Reviews initial Underwriting (UW) of Manager/Analyst and finalize key details of the proforma including the completion of T12, rent roll, CapEx plan, dent, equity, rent survey, sales comps, market data, rent growth assumptions, property taxes, operating expenses, rent premiums, etc.
• Ensures all UW procedures and policies are followed.
• Reviews UW procedures with Co-CIO and make recommendations on valuation of the asset and offer price along with deal strategy.

Due Diligence and Closing Process

• Ensures Acquisition Manager and Acquisition Analyst are following all steps of the due diligence checklist process through each milestone to completion.
• Responsible for packaging the deal to completion including physical, legal, equity, and debt.

Acquisition Sourcing

• Actively sources new opportunities through brokers and marketed listings, off-market through relationships directly to principals and understanding ownership structures to access key decision makers.
• Actively demonstrates a strong understanding of the broader acquisitions goals and how potential assets fit in to this broader strategy.
• Able to allocate a finite amount of time and resources to markets and deals in order for the organization to achieve its goals.

Market Research

• Actively seeks new and evolving knowledge of submarket nuances.
• Establishes a thorough understanding of where employment and population growth is occurring while also knowing key shifts or changes in MSAs as they occur.
• Actively seeks to establish a firm understanding of the development pipeline in relationship to owned assets and pursuit assets.

Investment Committee

• Ability to pitch/sell opportunities to internal (Investment Committee) stakeholders and external stakeholders (equity/debt).
• Strong understanding of IC's key criteria for a deal to receive approval.
• Seeks and obtains knowledge about opportunities and markets which instills confidence in the IC.
• Demonstrates understanding which equity groups would be a fit for potential acquisition opportunities and is prepared and able to pitch these opportunities to potential equity.
• Demonstrates a full understanding of the transaction when presenting to IC to ensure participants understand the pros and cons of approving potential transactions.

Qualifications

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the position.

• Ability to sit for up to 10 hours per day.
• Ability to move freely around the office for up to 10 hours per day.
• Ability to communicate verbally and in writing.

Compensation

The base salary range for this role is $200,000 - $225,000. This position is also eligible for a discretionary bonus.

Applications are accepted on an ongoing basis until the position is filled.

Why You'll Love Working at TruAmerica

TruAmerica Multifamily is a six-time Great Place to Work-Certified™ company, most recently in 2026, and we invest in our colleagues the same way we invest in our communities. Eligible colleagues receive a comprehensive benefits package, including:

• Medical, dental, and vision: TruAmerica covers 100% of the employee premium for base medical plans, and dental, vision, life insurance, long-term disability, and AD&D are 100% employer-paid. TruAmerica also contributes toward the cost of dependent coverage.
• 401(k) retirement plan with a company match.
• Vacation, sick, and holidays: a vacation allowance that grows with tenure (up to 21 days), generous paid sick leave, and 10 paid holidays, plus your birthday, cultural and ethnic observance days, and company-sponsored volunteer days.
• Pre-tax savings: Health and Dependent Care Flexible Spending Accounts (FSA/DCA).
• Plan flexibility: choice of a national Blue Cross Blue Shield PPO or HMO, plus regional plan options where available.

Benefits described are representative of those offered to eligible full-time colleagues and may vary by position, location, and eligibility. This summary is general and does not create a contract or guarantee of any particular benefit.

Equal Opportunity Employer

TruAmerica Multifamily is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, gender identity, national origin, age, disability, genetic information, pregnancy, veteran status, or any other characteristic protected by federal, state, or local laws.

This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and internships. TruAmerica Multifamily makes hiring decisions based solely on qualifications, merit, and business needs at the time.

ADA / Reasonable Accommodation

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the position.

Work Authorization

Applicants must be legally authorized to work in the United States. TruAmerica participates in employment eligibility verification as required by law.

Conditional Offer / Background Check

Any offer of employment is contingent upon the satisfactory completion of a background check and reference verification. Consistent with applicable Fair Chance and Ban-the-Box laws, TruAmerica will consider qualified applicants with criminal histories in a manner consistent with the law and will conduct an individualized assessment before withdrawing any conditional offer.

At-Will Employment

This job description is not a contract of employment and does not alter the at-will nature of employment with TruAmerica Multifamily. Employment may be terminated by either the employee or the company at any time, with or without cause or notice, to the extent permitted by law. TruAmerica reserves the right to modify the duties and responsibilities of this position at any time.

Applicant Privacy Notice

TruAmerica Multifamily collects personal information from applicants solely for recruitment and hiring purposes, in accordance with applicable data privacy laws. Categories of information collected may include identifiers (such as name and contact information), professional or employment-related information (such as resume, work history, and references), and education information. This information is used to evaluate your candidacy, communicate with you regarding the application process, and comply with applicable legal obligations. TruAmerica does not sell applicant personal information. Information is retained only as long as necessary for these purposes or as otherwise required by law.

No Recruiters / No Agencies

TruAmerica Multifamily has an internal Talent Acquisition team that manages all recruiting for our open positions. We are not accepting unsolicited assistance from search firms, staffing agencies, or third-party recruiters for this role.

Please do not forward resumes, candidate profiles, or contact information to our employees, hiring managers, or any TruAmerica email address or office location. TruAmerica will not be responsible for any fees related to unsolicited resumes, and any such submissions will be considered the property of TruAmerica with no obligation to pay a placement or referral fee. Agencies wishing to be considered as a future search partner must be engaged directly and in writing by TruAmerica's Talent Acquisition team prior to submitting any candidates.

Salary : $200,000 - $225,000