Associate - Acquisition in San Francisco, California at Hines
Explore Related Opportunities
Job Description
When you join Hines, you will embark on a career journey fueled by vision and guided by leaders who set the standards of our industry. Our legacy is rooted in innovation and excellence, earning us a spot on Fast Company’s esteemed annual list of the World’s Most Innovative Companies, as well as recognition as one of U.S. News & World Report’s Best Companies to Work For in 2024. Discover endless opportunities to grow and make your mark at Hines.
Responsibilities
As an Associate with Hines, you will support the sourcing, underwriting, due diligence, execution, and asset transition of office acquisition opportunities throughout Northern California. Working closely with senior investment professionals, you will evaluate new investment opportunities, prepare investment committee materials, coordinate due diligence, and assist with transaction execution from initial screening through closing.
- Source, evaluate, and underwrite office acquisition opportunities.
- Build and maintain detailed financial models in Excel and ARGUS.
- Perform market research, leasing and sales comparable analysis, investment valuations, and financial due diligence.
- Coordinate due diligence with legal counsel, consultants, brokers, lenders, and third-party advisors.
- Prepare investment committee memoranda and presentation materials.
- Assist in negotiating purchase agreements, LOIs, and transaction documentation.
- Support transaction execution through closing and transition to asset management.
- Develop and maintain relationships with brokers, owners, lenders, and market participants to identify new acquisition opportunities.
- Monitor office market fundamentals, capital markets activity, and competitive investment opportunities.
- Provide analytical and transaction support throughout the acquisition process, from initial opportunity evaluation through closing.
- Serves as a member of various project teams as required to facilitate company needs.
- Acts as a team member with all Hines employees.
- Complies with all Hines policies and procedures.
Qualifications
Minimum Requirements include:
- Bachelor’s degree and related experience considered in lieu of post undergraduate studies; MBA preferred.
- Three or more years of commercial real estate investment or acquisitions experience.
Institutional office acquisitions experience with a leading brokerage, private equity real estate firm, REIT, investment manager, or developer with an active acquisitions platform preferred.
Demonstrated experience underwriting and executing commercial real estate acquisition transactions.
Strong financial modeling experience utilizing Excel and ARGUS.
Work experience or educational background in finance, real estate, economics, math, engineering, or a related discipline preferred.
Advanced proficiency in Excel and ARGUS Enterprise.
Strong financial modeling, valuation, and investment analysis skills.
Analyze real estate and industry trends from a strategic point of view; Analyze and interpret various types of data to draw conclusions and solve problems.
Perform numerical and financial calculations and analysis.
Exchange ideas, information, and opinions with others to formulate policies and programs and/or arrive jointly at decisions, conclusions, or solutions.
Possess excellent interpersonal skills.
Think creatively and contribute to project success.
Successfully manage a variety of tasks within a tight time schedule.
Demonstrate strong initiative and ability to work independently with minimal oversight.
Interact with employees, visitors, and business partners with poise and diplomacy.
Establish and maintain a cooperative working atmosphere among staff.
Ability to leverage technology and internet to perform all job functions at the highest level.
Possesses the highest degree of integrity.
Ability to analyze real estate from a strategic point of view.
- Compensation: $147,200 - $165,000
Closing
At Hines, we strive for excellence as a leading global real estate investment manager, driven by our by our belief that real estate is fundamentally about people. Our diverse portfolio spans $93.2 billion¹ of assets across such property types as living, office, retail, mixed-use, logistics and life science projects – all designed to enhance value, connection and inspiration. Our strategic approach integrates local expertise with global knowledge, taking calculated risks aligned with our convictions to exceed expectations and tailor solutions to our clients' needs.
While our projects are renowned for enhancing cities and pioneering sustainable practices, we recognize that the true driving force behind Hines' success is our 5,000 dedicated employees in 30 countries who draw on our 65-year history to build the world forward. This is why we prioritize investing in our people, offering comprehensive training, competitive compensation, robust benefits and generous vacation packages. By centering our focus on the growth and wellbeing of our team, we cultivate an inclusive environment where everyone, including our clients, can thrive.
Hines is proud to be named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2024. ¹Includes both the global Hines organization and RIA AUM as of December 31, 2023.
We are an equal opportunity employer and support workforce diversity.
No calls or emails from third parties at this time please.
Closing
Hines is a global real estate investment, development and property manager. The firm was founded by Gerald D. Hines in 1957 and now operates in 28 countries. We manage a $92.3B¹ portfolio of high-performing assets across residential, logistics, retail, office and mixed-use strategies. Our local teams serve 634 properties totaling over 225 million square feet globally. We are committed to a net zero carbon target by 2040 without buying offsets. To learn more about Hines, visit www.hines.com and follow @Hines on social media. ¹Includes both the global Hines organization as well as RIA AUM as of June 30, 2022.
Visit www.hines.com for more information.
We are an equal opportunity employer and support workforce diversity.
No calls or emails from third parties at this time please.
Connect With Us!Not ready to apply? Connect with us for general consideration.