Hybrid Vice President, Real Estate – Acquisitions

Posted 1 hour ago

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About the role

  • Vice President of Real Estate Acquisitions at Cigna Investment Management. Managing new equity and debt investments while collaborating with internal and external partners.

Responsibilities

  • Generate new equity and debt investments in assigned territories that meet Portfolio return objectives.
  • Independently negotiate, with advisement from manager, Mortgage Application, Loan Documents, Purchase & Sale Agreements and Joint Venture Documents to minimize liability to CIM.
  • Lead the preparation of credit materials and presentation to recommend equity and debt investments.
  • Furthermore, recommend and present investment opportunities through the credit process.
  • Obtain necessary investment committee approvals and close recommended investments.
  • Own and coordinate all aspects of closing with internal and external business partners (accounting, legal, engineering and insurance).
  • Partner with CRI Asset Management team on underwriting of new investments and assist in all aspects of management of existing portfolio including business plans, valuations, sales, refinancing, and recapitalizations.
  • Price joint venture opportunities (unleveraged IRR).
  • Know spot market pricing. Determine the best relative value in the marketplace.
  • Actively underwrite and quote mortgage business to determine market pricing for different credit risk profiles.
  • To the extent necessary, structure credit enhancements to address lease-up risk, concentrated rollover or extensive property reposition strategy.
  • Ensure pipeline reports are updated. Demonstrate broad knowledge across real estate industry and take ownership of assigned territories.

Requirements

  • 5+ years of institutional real estate investment experience
  • BA/BS in business, economics, finance, or other relevant field
  • MBA, CFA and/or other advanced business or investment designation is desirable
  • Experience in generating new equity and debt investments across multiple property types, preferably industrial and apartments, in assigned markets
  • Broad market knowledge across multiple geographic regions is beneficial
  • Experience in negotiation and structuring of real estate documents including: operating agreements, purchase and sale contracts, development agreements and loan documents
  • Ability to solve problems and work in growth environment

Benefits

  • Health insurance
  • 401(k) matching
  • Flexible work hours
  • Paid time off

Job title

Vice President, Real Estate – Acquisitions

Job type

Experience level

Lead

Salary

Not specified

Degree requirement

Bachelor's Degree

Location requirements

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