Description
Acquisitions Vice President / Principal
About Haven Capital
Haven Capital is a real estate private equity firm focused on acquiring new and existing ground leases positions in all major US markets. Haven works with real estate owners to provide flexible ground lease solutions to meet their needs. With a Haven ground lease, real estate owners benefit from a long-term, predictable funding structure that maximizes capital proceeds. Haven is led by experienced real estate professionals with debt and equity investing experience across all major real estate asset classes. Haven is sponsored by Regis and funds managed by Ares with $1.2 billion of buying power in fund
Job Description: Sourcing ground lease deals by i) creating new ground lease (leased fee) positions and/or ii) acquiring existing leased fee positions. Target acquisition size of $30m+ ($75m+ total real estate asset value) across all real estate asset classes
The Role
- Lead role in the acquisition/origination of ground lease (leased fee) positions across major asset classes including office (including MOB and life science), multifamily (existing and development), student housing, retail, hospitality, industrial and senior housing
- Lead all aspects of the transaction including pricing and structuring, negotiating transaction and legal documents with sellers, achieving Investment Committee approval and overseeing underwriting, diligence and closing processes
- Understand and address key structuring and tax considerations for sellers (with support from the Haven team)
- Prepare proposals and presentations, including written and oral presentations of proposed transactions to investment committees / board members
- Create and expand sponsor relationships across all markets and asset classes.
- Be part of a team of originators that works together to grow the platform.
Candidate Profile
- 7+ years of experience in a commercial real estate acquisition, debt origination, or advisory role within a debt or equity investing fund / REIT, investment/commercial bank, or real estate brokerage focused on US commercial real estate
- Possess a track record that demonstrates a breadth of origination and/or acquisition experience, with a deep understanding of real estate debt transactions
- Understanding of partnership and real estate funding structures
- Experience or understanding of fixed income markets and pricing
- Deep relationships within brokerage and real estate owner community
- Drive and determination to create an active acquisitions business within major market across the US.
- Strong understanding of key elements of real estate risk and the ability to price/filter transactions against a target investment and returns framework
- Good knowledge of real estate fundamentals
- Entrepreneurial self-starter interested in leading a business in a lean, fast-growing environment
- Analytical and quickly able to grasp and explain benefits and considerations of different funding structures
- Strong team player
- High attention to detail
- Willingness to travel regularly
Experience
7+ to 10 years
This job is no longer active.