Description
Multifamily Investment Associate
Position Detail: Full Time
Salary: Compensation is commensurate with experience.
FLSA Status: Exempt
Reports To: Managing Partner
Job Description/About Us
Levco Management is a quickly growing fully-integrated apartment owner, operator, and construction firm based in Richmond, VA. The firm is positioned to be one of the most active acquirer and renovator of apartment communities in the Mid-Atlantic region in the coming years. Levco is currently hiring an Investment Associate to be located out of its corporate office in Richmond. This position will be responsible for executing the firm’s efforts with new acquisitions and with the investment management and reporting of its existing portfolio. The Investment Associate will report to the Managing Partner.
Qualifications
· Minimum of 2 years institutional level multifamily underwriting experience, direct experience in acquisitions and asset management in the Mid-Atlantic preferred.
· Expert level Microsoft Office skills (Excel, Word, and PowerPoint) with strong financial modeling experience.
· Ability to multi-task, meet deadlines, articulate ideas, and produce quality work product in a fast-paced environment.
· BA or BS in Finance, Business, or related field; MBA/Graduate Degree preferred or commensurate experience.
Responsibilities
· Evaluate, underwrite, and analyze multifamily acquisitions, dispositions, equity capitalizations, and debt financing opportunities.
· Coordinate the due diligence and closing process for company transactions.
· Communicate deal information to internal and external audiences through direct communications and written presentations.
· Participate in the company’s investment committee meetings and develop applicable materials.
· Communicate with the construction team for development of renovation scopes, pricing assumptions, and other capital expenditure matters.
· Monitor portfolio and market performance, assist with investor and lender reporting, and maintain portfolio track record and performance data.
· Maintain the corporate Excel models, redIQ database, due diligence checklists, market research, and comp databases.
· Develop and maintain relationships with current and potential equity partners, lenders, and other industry participants.
· Requires day travel and the occasional overnight travel as needed.
· Any other duties as assigned by your supervisor.
Experience
2+ to 5 years
This job is no longer active.