Commercial Real Estate Property Acquisition Specialist
Found in: Whatjobs IN C2 - 2 weeks ago
Position Summary:
The CRE Acquisition Specialist is responsible for identifying and securing commercial real estate opportunities to accelerate Jupiter Texas’s growth.
The job entails identifying purchase opportunities that meet the company’s standards, performing high-level due diligence to determine appropriate purchase price, and submitting Letters of Intent (LOI) to sellers and their agents on behalf of Jupiter Texas.
The role reports directly to one of the co-founders of the company.
Pay:
Competitive base salary upto INR 80,000 plus lucrative commission upto 100% of base salary based on meeting revenue goals. Your success is in your hands.
Job Timing
: 6pm-3am IST
Essential Job Functions:Perform searches of commercial real estate marketplaces to identify properties that meet the company's standardsReview listing offering memorandum
(Property Brochure)
to gain an understanding of the property - its tenants, its financial performance, its physical condition, etcCommunicate articulately with listing agents to gain a better understanding of the propertyDraft and submit LOIs for properties deemed to meet Jupiter Texas’s standards, including calculation of the offer price to ensure financial feasibility of the dealTrack status of properties reviewed, LOIs submitted, and communication with listing agents in a manner that leadership has visibility into the status of eachKeep the direct leader informed of project priorities and any issues that may require his attention.Maintain a pipeline of properties to allow the company to close one deal a week
Job Requirements:Minimum of 3 years experience working in commercial real estateAbility to confidently communicate with listing agents through email and phoneAbility to
adapt to changes in company focus and goals as neededAbility to maintain process discipline to ensure pipeline growth knowing offer acceptance rate is typically 1 in 200 and the average purchase cycle is 60-75 days
Qualifications:
Bachelor's degree with minimum 5 years of corporate experience
,
preferably from reputed companies
Company Description:
Jupiter Texas Real Estate Investment Group is a start-up commercial real estate investment group based in Dallas, Texas. We specialize in acquiring, adding value, managing and selling CRE properties with the goal of maximizing investor returns.
Our portfolio includes commercial retail properties, medical buildings, daycare facilities, single-family residents and commercial land across the country.Visit us at:
Apply: send your resume toThe job description is not an all-inclusive list of functions and tasks.
Job functions may be added, deleted, or modified at any time by the company without prior verbal or written notification.
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