Director Acquisition

As the Director of Acquisitions, you will be responsible for sourcing, underwriting, and executing new development and acquisition opportunities across our target asset classes. This role requires a deep understanding of real estate development, strong financial modeling skills, and the ability to manage complex transactions. The ideal candidate will have a proven track record of success in identifying and securing profitable development projects.Expectations for the Director of Acquisitions role include:Deal Flow: Generate a consistent flow of qualified opportunities within the data center sector that meets the companys investment criteria.Closing Ratio: Maintain a high closing ratio on pursued deals, demonstrating effective negotiation and deal execution skills.Financial Performance: Source acquisitions that meet or exceed the companys financial performance targets (e.g., IRR, equity multiple).Market Expertise: Become a recognized expert within the data center sector who can provide valuable insights.Teamwork: Collaborate effectively with internal and external stakeholders to ensure seamless transaction execution.Communication: Communicate effectively with senior management, providing clear and concise updates on deal progress and market conditions.Responsibilities Include:Sourcing:Develop and maintain a robust proprietary pipeline of development acquisition opportunities.Develop and recommend go-to-market strategies for creating new pipeline opportunities.Cultivate relationships with brokers, developers, landowners, and other industry professionals.Attend industry events and conferences to network and stay abreast of market trends.Execution:Conduct thorough due diligence on potential acquisitions, including site analysis, market feasibility studies, financial modeling, risk assessment and developing a business plan.Review financial performance, including cash flow projections and expected returns, generated by underwriting team.Partner with Capital Markets lead to prepare investment memorandums and present investment recommendations to senior management.Prepare and negotiate LOIs.Support closing by providing input to final investment memos, providing market context, and coordinating with sellers and brokers.Market Knowledge:Maintain a deep understanding of the data center markets.Track market trends, supply and demand dynamics, and competitive landscape.Identify emerging opportunities and risks.Act as a market expert to support on-going management of assets and evaluate exit opportunities.Leadership:Manage 1-2 junior team members by providing day-to-day guidance and training.Foster a collaborative environment.Contribute to the overall strategy and growth of the acquisitions department.Qualifications:Bachelors degree in real estate, finance, or a related field.Minimum of 7-10 years of experience in real estate acquisitions and development, with a focus on data centers, industrial properties, and/or land development.Strong understanding of real estate finance, development, and construction.Proven track record of sourcing, underwriting, and closing successful development acquisitions.Excellent analytical skills.Strong negotiation and communication skills.Ability to work independently and as part of a team.Existing network of industry contacts preferred.

Created: 2025-02-06