*FILLED* Director of Acquisitions (self storage) - $120,000 - $140,000 - New Westminster/Remote
New Westminster, BC (Hybrid - 2 days WFH)
Who we are:
The Inception Real Estate Recruitment is an independent recruitment consultancy specialising in the real estate sector, based in Vancouver, BC. We are dedicated to providing a knowledge-based approach to sourcing elite professionals at all levels for the most well-respected employers.
We cover all asset classes across the many disciplines in the real estate sector, offering a tailored and consultative recruitment service.
Who we are recruiting for:
Make Space (www.makespace.ca) is a Canadian-owned and operated company with a proven track record that is poised for exponential growth. We are a storage solutions group of companies with over 50 + operations from British Columbia to Quebec. We are focused on rapidly growing our operations and real estate portfolio by acquiring established storage facilities, expanding on existing facilities and building new locations. As locations are integrated, our best-in-class operations team manages the sites, looking for ways to add value and provide excellent customer service.
Daily responsibilities:
Working closely with executives and reporting directly to the CEO, the Director of Acquisitions leads the acquisitions team in sourcing, assessing, negotiating, and closing investment opportunities in line with the company’s growth strategy.
A strong networker, the Director of Acquisitions will develop trust and rapport with vendors and realtor partners. In doing so, they ensure Make Space is well-positioned to secure investment opportunities. The acquisition cycle requires multiple touchpoints, so an understanding of and ability to use CRM greatly benefits the role.
Organization and flexibility are critical to success. The ideal candidate will be responsible for multiple active transactions in varying stages while also balancing the interests of financing and business operations within negotiations. Open consultation is engrained within the acquisitions team culture to ensure collaboration and buy-in from the teams that will ultimately be accountable for managing investments.
With a broad understanding of the business, management assigns special projects.
· Legal – working with lawyers from various provinces to undertake due diligence and prepare purchase agreements
· Financing – working with CFO and senior finance team members to prepare investment analysis packages for lending applications
· Construction – working with internal construction and project management team, determining appropriate budgets and timelines for projects
· Research – directing and undertaking research for any market nation-wide
· Risk analysis – analyzing risks and determining appropriate mitigation strategies (zoning by-laws, planning processes, environmental contamination, building condition, competitors)
· Financial modelling – prepare pro forma cash flows
· Report writing – direct, prepare and review investment reports to brief executives on opportunities
· Due diligence – undertake detailed property and business due diligence
· Handover – manage the handover of investment information to the operational team
· Networking – develop and maintain a network of realtor partners, consultants and advisors
· Stakeholder Management – communicate effectively with internal stakeholders and represent their interests in investment strategies
· CRM database – manage a CRM of leads with regular touchpoints
· Leadership and Team Management – manage, train and coach team
· Prepare an annual strategy for growth and present it to executives
· Manage special projects.
· Support the operational team with research reports and competitor analysis
· Support operational team with expansion projects of existing assets
Experience/skills required:
· Degree in Commerce, Real Estate, Finance or a related field
· 3-5+ years of direct experience in property acquisitions, private equity or investment banking
· 2+ years in a leadership or management role
· Excellent communication, interpersonal and motivational skills
· Excellent financial modelling and analytical skills
· Proven ability to think logically and problem-solve effectively
· Strong time management and prioritizing skills
· Work well under pressure, meeting deadlines consistently
· Able to work independently with minimal supervision
· Friendly and professional demeanour with a positive attitude
· Some travel required
· Bilingual, English and French, considered an asset
Compensation offered:
· $120,000 - $140,000 base salary
· 10% bonus
· Minimum 3 weeks’ vacation
· 5 paid personal days
· Extended health and dental plan
Contact:
Jamie Wright, Principal
We thank all applicants for their submissions, however, only those persons selected for an interview will be contacted.