Description
About One Real Estate Investment
Founded in 2001, OREI is a privately owned, Miami-based real estate investment and asset management company. OREI is a disciplined investor, developer, manager, and operator focused on developing and acquiring multifamily assets in the Southeast United States and Texas. OREI has over $1B in AUM with over 7,500 units and has acquired and sold over 10,000 value-add multifamily units since its inception.
Summary:
Founded in 2001, OREI is a privately owned, Miami-based real estate investment and asset management company. OREI is a disciplined investor, developer, manager, and operator focused on developing and acquiring multifamily assets in the Southeast United States and Texas. OREI has over $1B in AUM with over 7,500 units and has acquired and sold over 10,000 value-add multifamily units since its inception.
Summary:
- Ability to build financial models.
- Manage multifamily projects from inception to breaking ground.
- Focus on garden style communities in the southeast.
- Lead underwriting and investment committee memos.
- Evaluate potential development opportunities with the following in mind: zoning codes and requirements, entitlement process, and market analysis.
- Lead the LOI and PSA negotiations for new transactions.
- Attend municipality meetings throughout the entitlement period.
- Gather municipality fees to include in the underwriting.
- Track all pursuit costs.
- Source new development opportunities.
- Maintain all pre-development activities on a schedule.
- Coordinate all the due diligence for new opportunities including contracting the consultants.
- Manage reports to equity partners and internal reporting.
- Coordinate to obtain the utility will serve letters.
- Engage the construction lender for the construction loan bringing it through closing.
- 4+ years of multifamily experience in development.
- Experience in capitals markets bringing construction loans to closing.
- Proven track record of managing developments until they break ground.
- Proven track record of sourcing new opportunities.
- Ability for professional interactions internally and externally with the stakeholders or municipalities.
- Excellent organization and attention to detail.
- Ability to proactively perform the job duties with little oversight.
- Proficiency in Excel, Word, PowerPoint, Outlook.
- Ability to travel to source new opportunities.
- Competitive annual salary and bonus structure
- Complete healthcare, vision and dental coverage (after probation period)
- 15 days of PTO and paid national holidays
Job Sector
Not specified
Experience
Not Specified
This job is no longer active.