Director of Acquisitions & Dispositions

Company: Brixmor Property Group Inc.
Location: Carlsbad
Posted on: November 8, 2024

Job Description:

The acquisitions/dispositions team is responsible for developing and executing on the company's capital recycling goals. The Director, Acquisitions/Dispositions reports to the EVP, Chief Investment Officer and is specifically responsible for underwriting, sourcing, negotiating, and closing all real estate acquisitions in Brixmor's western region, which covers the United States west of Texas, including Colorado, Arizona, and California.
The role works in close partnership with the transactions teams based in New York and Atlanta, the President, West Region, as well as regional leasing, redevelopment, and operations professionals to make the best capital allocation decisions (buy/sell/redevelop/hold).
Duties & Responsibilities:

• 
  
• Executes acquisition plan for his/her region through disciplined investment approach and execution.
  
• Source, underwrite, perform due diligence, and close all real estate investments.
  
• Identify target submarkets and assets; develop and maintain effective relationships with owners, brokers, and operators.
  
• Actively participate in western region operations, including attending leasing committee meetings and building strong relationships within the operating platform.
  
  Position Requirements:
  Education and Experience:
  
  • 
    
  • Bachelor's degree in business, finance, real estate or related experience.
    
  • 5+ years of retail transactions experience; focus in the Western US and California specifically a requirement.
    
    Position Requirements:
    
    • 
      
    • Demonstrated local market knowledge with strong industry relationships.
      
    • Understanding of real estate investment and leasing fundamentals.
      
    • Well-honed and effective negotiation, communication, and presentation skills.
      
    • A strong team player with excellent organizational skills.
      
    • Ability to organize and manage multiple projects, strong attention to detail, time management skills, and personal initiative.
      
    • Detailed experience with open air retail asset modeling in Argus.
      
    • Detailed experience with modeling investment returns in Excel.
      
    • Extensive travel throughout the region required.
      
      Brixmor offers a hybrid work schedule (first two days of the week in the office, the balance from home), very competitive pay commensurate with background and responsibilities plus a benefits and perks package that supports career engagement, growth, good health, and connection with teammates and our communities.
      The base salary range for this position has been established as $155,000 - $170,000 PLUS participation in our long-term incentive plan AND annual cash bonus plan. This salary range represents the Company's good faith and reasonable estimate of the range of possible compensation at the time of posting.
      EOE (Brixmor is an Equal Opportunity Employer)
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Keywords: Brixmor Property Group Inc., Temecula , Director of Acquisitions & Dispositions, Executive , Carlsbad, California