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Posted: Saturday, January 6, 2018 3:36 PM

Job Description:/h3:
We are a California based real estate investment and advisory firm looking to hire a Business Development Associate for our Asset Management Division in Pasadena. Our portfolio consists of approximately 1,700 apartment units which we manage through our in:house property management company as well as third party fee managers. The Business Development Associate will be working with the acquisition team to search for new opportunities that fit the Companys acquisition criteria. The candidate will be responsible for business development through constant contact of warm and cold leads by phone and other mediums. The candidate should be able to analyze real estate metrics, and interact with clients in a positive and productive manner. The Business Development Associate position is a unique opportunity to gain an immense knowledge of the multi:family industry while serving in a critical role with a small, tight:knit group of real estate professionals.
Essential functions and basic duties:
Off Market Deal Sourcing
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Perform extensive research to find probable sellers for off market acquisition targets.
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Actively research key market data using available resources (i.e., Costar, Yardi, CrediFi, etc.).
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Build and maintain active pipeline of potential acquisitions.
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Perform 20 to 30 calls per day to generate warm leads to pass to .
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Develop and build relationships with individual owners over the phone or in person.
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Schedule calls and meetings for CALCAPs senior acquisition team and owners.
Broker Relations
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Interact with brokers to advise them of CALCAPs acquisition criteria.
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Constantly review broker websites for prospective deals.
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Maintain Commercial Real Estate Broker List by market.
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Engage and solicit off market transactions.
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Set:up tours for CALCAPs senior acquisition team.
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Prioritize call for offers.
Deal Analytics
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Create deal folders in Dropbox.
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Download offering materials, convert PDF financials and rent rolls to Excel as necessary.
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Load deal info into Acquisition Deal List and calculate PSF, Price per Unit and Cap Rate metrics.
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Load historical financials into proforma model to understand revenue and expense trends.
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Load and analyze rent roll to understand in place rents, claimed market rents and realized rents on recent leases.
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Make presentations as necessary.
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Assist with conducting due diligence activities.
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Maintain confidentiality of our database and records.
Job Qualifications:
Required
:3rd or 4th year student or recent graduate from a Bachelors Degree program from an accredited college with a focus in Finance, Marketing and/or Real Estate
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Prior real estate experience and/or a successful record of sales performance
KNOWLEDGE/SKILLS/ABILITIES
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Passion for real estate
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Excellent organizational and prioritization skills
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Ability to research and develop effective plans
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Ability to build a rapport over the phone
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The capability of establishing new contacts while simultaneously maintaining old relationships
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Ability to read, analyze and interpret complex documentation
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Possess the highest level of ethics and professionalism
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Ability to capture market data and become a market area expert
:Knowledge of financial concepts and real estate investment analysis
:Strong analytical, quantitative, problem solving and communication skills
:Be self:motivated, have the ability to prioritize, meet deadlines, possess a great attitude, and work well in a team environment.
Job Benefits
Base Salary Range: 15 to 20 / hour depending on experience + Bonus incentive based on acquisitions sourced by Business Development Associate
Company Description:/h3:
CALCAP is a leading private/hard money lender and real estate investment/advisory firm founded in 2008. Partnering with mortgage companies, developers, and real estate investors CALCAP originates and purchases business pu

Source: https://www.tiptopjob.com/jobs/76798501_job.asp?source=backpage


• Location: Los Angeles, Pasadena

• Post ID: 156133647 la
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