Real Estate Acquisition/ Sourcer
7 days ago
**Job Overview**:We are seeking a Real Estate Acquisition Assistant Vice President/ Vice President to join our team at hBits. As a crucial member of our real estate acquisition team, you will be responsible for sourcing potential real estate investment opportunities, conducting market research, and due diligence.**Key Responsibilities**:
- Source new investment opportunities through an extensive network of funds, brokers, international property consultants, asset owners, and other intermediaries
- Primary evaluation of each opportunity across commercial real estate assets, including offices, warehouses, data centres, schools, and hospitals in all prime southern cities (namely, Bangalore, Chennai, and Hyderabad)
- Conduct detailed site visits, analyse investment risks, asset quality, lease terms, and quality, and further growth opportunities
- Underwrite, diligence, execute/close, and subsequently monitor acquired commercial real estate assets
- Conduct and facilitate diligence,e including liaising with consultants across legal, finance & accounting
- Work closely with Investments, Operations, and Technology teams to prepare a detailed Investment Memo (IM), coordinate the investment listing, funding, and asset management
- Assist in building the firm’s AUM by sourcing investment opportunities over INR 500 crore every month
**Qualifications**:
- Bachelor’s degree in finance, Real Estate, or a related field. Master's degree preferred.
- Complete in-depth understanding and knowledge of the Commercial Real Estate Market and or the Investments Market
- Strong network with local brokers and International Property Consultants (IPCs)
- Comfortable working in a start-up environment.
- Strong business sense and real estate industry expertise
- Knowledge of real estate investment principles.
- Excellent communication and teamwork skills.
- Attention to detail and ability to meet deadlines.
**Job Types**: Full-time, Permanent
Pay: ₹1,500,000.00 - ₹3,000,000.00 per year
**Benefits**:
- Health insurance
- Paid sick time
- Paid time off
- Provident Fund
Schedule:
- Day shift
Supplemental Pay:
- Yearly bonus
**Experience**:
- Real Estate Leasing: 5 years (required)
- IPC Networking/ Brokers/ CPs: 5 years (required)
Work Location: In person
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