Acquisitions Associate

ABOUT TRICERA CAPITAL

Tricera Capital is a real estate investment firm focused on value-add urban retail and mixed-use investments within the United States. Since launching in 2017, Tricera has been very active, leveraging the team’s experience and relationships to create off-market opportunities and quickly amassing a portfolio in select target markets. Tricera’s principals are seasoned real estate professionals with deep track records of success in deal sourcing, acquisitions, syndication, and leasing. Their combined experience enables Tricera to strategically identify and execute on deals and move swiftly to create value by repositioning assets and upgrading the tenancy to deliver superior returns to investors.

JOB DESCRIPTION

Tricera Capital is seeking an experienced Acquisitions Associate to provide a broad range of analytic, administrative, and management support functions. The position offers an excellent growth opportunity for an applicant looking to assist in all stages of the real estate investment life cycle, including market research, underwriting, due diligence, closings, and asset/property management. The applicant will enjoy complete access to the firm’s principals and will be included in all team planning and investment meetings from the outset. The ideal applicant should be comfortable working in an entrepreneurial environment, possessing strong multi-tasking, communication, and teamwork skills, and also demonstrating resourcefulness and the ability to take initiative and work independently.

Requirements:

• Completed a bachelor’s or master’s degree, preferably with a concentration in real estate, finance, mathematics, business, or similar subject matter. Two to three (2-3) years’ experience in the real estate industry, with strong emphasis on underwriting and due diligence.
• Strong analytic skills and an excellent working knowledge or mastery of Microsoft Excel, including the ability to create, modify, and analyze financial models and calculate investment returns (PowerPoint, Word, Outlook, and other MS suite program experience also required; knowledge of Argus and/or rDCF is preferable, but not required).
• Familiarity with commercial leases.
• Ability to manage the due diligence process on potential acquisitions, including, but not limited to, abstracting leases, coordinating 3^rd party inspections/reports, and auditing seller financials/operating expenses.
• Excellent communication skills, both verbal and written.
• Ability to efficiently manage time, produce high quality work under deadline pressures, and successfully prioritize and simultaneously manage a heavy workload.
• Excellent attention to detail and high standard for accuracy.
• Outstanding organizational and multi-tasking skills.
• Demonstrate a willingness to learn and contribute to organization’s goals and growth.

Responsibilities:

• Creation and updating of detailed financial models in Excel for new acquisitions and existing owned assets.
• Assisting with due diligence responsibilities on new acquisitions, from sourcing through closing. Responsibilities include, but are not limited to, organizing information provided by seller and identifying outstanding items; abstracting tenant leases; and coordinating third party inspections.
• Researching and compiling market data to facilitate investment decisions.
• Assisting with the creation of offering memorandums for new investments.

Tricera Capital is excited to grow its team with a quality associate and is willing to invest in an applicant’s training and career growth to ensure the experience is rewarding and mutually beneficial.