Vice President

Vice President

About the Position

srmErnst Development Partners is seeking a highly-motivated Vice President to join its growing team of entrepreneurial commercial real estate professionals. The position will work directly with the principals and capital partners in all phases of the company s business. There is tremendous room for merit-based growth and partnership as an acquisition and development professional in commercial real estate for an individual looking to grow long-term within an expanding platform.

Primary Responsibilities and Objectives

• Help identify new acquisition and development opportunities within the company s target markets and asset classes.
• Running financial models on the company s acquisitions, dispositions, development projects, asset management, financings and partnership structures.
• Oversee required monthly, quarterly and annual reporting and business plan development to the company s investors and lenders.
• Write investment recommendations and manage the publication of pitch decks and offering memorandums for presentation to the company s capital partners and lenders.
• Manage due diligence of potential new acquisitions including site visits, third party reports and market research.
• Help develop and implement asset-specific and portfolio-wide strategies to manage owned properties and improve value.
• Management of transaction documentation with buyers, sellers, capital partners and legal counsel.

Qualifications, Skills and Attributes

• Minimum of a Bachelor s Degree in business, real estate, economics or finance.
• 5+ years experience working in a senior analyst or associate position in commercial real estate acquisitions and/or development.
• Must be proficient with building and running Excel based real estate investment models, including structuring and calculation of industry standard financial metrics and waterfall distributions.
• Proficient in Microsoft Office utilizing Excel, Word and PowerPoint creating the company s investment memorandums.
• Excellent interpersonal, management, analytical, writing and communication skills with the ability to multi-task and a strong desire to learn and succeed.
• A self-starter with strong work ethic and problem solving skills; proactive and well organized with strong attention to detail on work product.
• Office location in the East Bay/Oakland metro market with local travel throughout the Bay Area.
• Ability to work in a fast-paced, self-directed entrepreneurial environment.
• Must maintain professional image with brokers and investors and other parties key to SRM s success.

What We Offer

• Compensation, including base salary and annual bonus, commensurate with experience.
• Full benefits package.

• Opportunity for rapid merit-based growth and partnership as an acquisitions and development professional.

About srmErnst

SRM is a value-add real estate investment, development and management company focused on adaptive re-use and new construction of urban infill office, R&D and industrial-flex properties in the San Francisco Bay Area. The company specializes in the acquisition, repositioning, entitlement, development, management and financing of commercial property, primarily through joint venture investments. Originally founded in 1992, SRM has developed a strong reputation for solid execution and turnkey development solutions, having developed assets valued at over $1 billion.