Department: Commercial Investments
Reports to: Taylor Cox – VP Investments
FLSA Status: Exempt
Summary: At Koelbel and Company, we’re looking for a dynamic, smart, self-motivated Acquisitions Analyst to join us as an integral part of the deal-sourcing team. As a key player in our Value-Add Investment and Work Simple platforms, you’ll be at the forefront of sourcing and analyzing potential acquisitions, conducting market research, and supporting due diligence processes. If you’re resourceful, detail-oriented, and have a passion for real estate, this is the role for you. We want someone who thrives in a fast-paced environment, is eager to learn, and is ready to take on challenges head-on. This is an opportunity to be part of a team that shapes the future of commercial real estate in Colorado and beyond.
Essential Duties and Responsibilities:
Utilizes CoStar and other provided resources to identify and target potential off-market deals that fit the investment platforms.
Complete initial review and investigation of potential opportunities to determine if they meet outlined investment criteria.
Perform market research on office rents, rehabilitation construction pricing, commissions, and the general office market.
Perform research of competitive locations and customer pricing of Flex-Work/Co-Working operations in selected markets.
Assist in due diligence review including market data and site-specific data.
Assist with underwriting, data entry, and sensitivity analysis for potential value add investment in target markets.
Participate in calls and meetings with brokers, sellers, contractors, bankers, and joint venture partners.
Maintain and manage the pipeline of potential acquisitions through Pipedrive software
Attend internal, and external, meetings as applicable with responsibility for notetaking
Supervisory Responsibilities:
This role has no supervisory responsibilities.
Values:
Anticipatory – Prioritizes and plans work activities. Anticipates issues and sets goals and objectives. Organizes information in a way that other team members can quickly access and understand it.
Sense of Urgency – Understands time of the essence. Works diligently and efficiently to complete required tasks on or ahead of schedule. Drives hard for completion of projects and tasks.
Problem Solver – Uses reason even when dealing with emotional topics. Identifies the cause of issues and uses critical thinking to work through an implement a plan of action to solve the problem. Develops alternative solutions when the initial plan does not work. Works well in group problem solving situations. Provides proposed solution to problems prior to seeking advice from management.
Attentive to Detail – Focuses on minor details to ensure work quality and risk mitigation. Understands all aspects of the projects necessary to prevent small issues from becoming problems. Coordinates information such that all team members and vendors are working with the appropriate knowledge about the required tasks.
Perseverance – Overcomes resistance or setbacks related to all aspects of the job. Is undaunted in the face of adversity. Anticipates and accepts challenges are normal and recognizes true skill comes from overcoming such challenges.
Passion – Believes in and is motivated by the job’s mission. Is passionate about real estate and energized by the outcomes of the work.
Caring – Is compassionate towards team members, clients, and vendors. Understands their motivations and emotions and works to be supportive.
Competencies:
Technical Skills – Assess own strengths and weaknesses; Pursues training and development opportunities; Strives to continually build knowledge and skills; Shares expertise with others.
- Basic understanding of Real Estate finance terms and concepts.
- Proficient in Excel, Word, and Powerpoint.
- Resourceful and capable of learning and utilizing available databases including CoStar, assessor and county GIS information, and other proprietary and publicly available information.
General Requirements – Meets the requirements of the Employee Handbook as it relates to Diversity, Ethics, Organizational Support, Professionalism, and Attendance and Punctuality.
Outcomes:
The following are the metrics that will determine the success of the hire:
|
OUTCOMES |
ACHIEVEMENT DATE |
| 1 |
Identify off-market opportunities to present to Value-Add and Work Simple platforms |
Ongoing |
| 2 |
Provides helpful market research including rent and vacancy data from comparable properties. |
Ongoing |
| 3 |
Compiles and organizes market cost and expense data for use during due diligence and underwriting |
Ongoing |
| 4 |
Accurately tracks potential acquisitions against outlined investment criteria. |
Ongoing |
Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the tasks. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and Experience:
Completion of real estate coursework or working experience in real estate field is preferred.
Language Skills:
Ability to read and interpret market data including quarterly reports and trade publications. Ability to write reports and correspondence. Ability to speak effectively with potential investors, bankers, brokers, and tenants.
Mathematical Skills:
Ability to work with mathematical concepts. Ability to apply concepts such as fractions, percentages, ratios, proportions, interest, compounding interest, discounted cash flow, internal rates of return, and other financial concepts to practical situations.
Reasoning Ability:
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardizations exist. Ability to interpret a variety of instructions in written, oral, diagram, or schedule form.
Certificates, Licenses, Registrations:
None.
Physical Demands:
The physical demand described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This role is required to work in-person in the Koelbel and Company office daily.
Work Environment:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Professional attire is expected.
SALARY RANGE: $65,000 – $75,000 annually depending on experience and qualifications. 10% Bonus potential based on satisfactory completion of core outcomes.
HOURS: 40 hours per week
VACATION: Per Koelbel and Company Handbook. 10 days Paid Time Off (“PTO”) per first year of employment.
LOCATION: This role will work 5 days per week in Koelbel and Company Headquarters.
BENEFITS: Per Koelbel and Company Handbook to be provided with official offer letter.
