COMPANY BACKGROUND
Real Capital Solutions is a highly entrepreneurial real estate investment company pairing active capital with an emphasis on street level solutions. As an active investment management company, RCS sources deals in value-add, opportunistic and high barrier to entry markets. RCS is a solution oriented real estate company that focuses on acquisitions, development, and management for highly complex and structured real estate opportunities. RCS has 35 years of operational and real estate expertise with returns that are in the top 5% of private equity real estate firms in the US.
SUMMARY
The Senior Accountant – Property will assist the Property Accounting team in the day-to-day operations of the department. The incumbent will have a good working knowledge of accounting, financial statement presentation, and budgeting – including Generally Accepted Accounting Principles. The Senior Accountant will be responsible for maintaining accurate accounting records for projects falling under the purview of the department.
We have an amazing, unique team of people in Property Accounting who have fostered and nurtured a great team dynamic. We approach our days with a fun, positive attitude where ideas are openly encouraged and shared. Due to our approach, we’ve created a very cohesive team that is supportive and collaborative. If this environment sounds like a great fit, we would love to hear from you.
RESPONSIBILITIES
•Financial Reporting & Analysis: Prepare and analyze monthly, quarterly, and annual financial reports for multiple properties, ensuring accuracy and compliance with accounting standards. Conduct in-depth variance analysis to identify discrepancies and provide recommendations for improvements in property performance.
o Review / Analyze 3rd-party provided monthly financial statements and supporting schedules.
o Prepare in-house-managed financial statements and supporting schedules.
o Review and analyze financial statements and prepare supporting documents.
•Budgeting and Forecasting: Collaborate with asset management team to develop property budgets and forecasts, providing insights and recommendations for financial improvements.
o Review / analyze the annual budgeting efforts of the assigned portfolio.
•General Ledger Management: Maintain property-specific general ledgers, ensuring all transactions are accurately recorded and reconciled.
o Perform complex accounting tasks such as acquisition/disposition entries, intercompany accounting, consolidations, and multi-level entity accounting.
o Provide oversight and direction to 3rd-party property accounting teams.
o Oversee accounting for investment entities, including all equity activity.
o Prepare periodic internal accounting review files for key stakeholders.
•Accounts Payable/Receivable: Oversee the property-related accounts payable and receivable processes.
•Lease Administration: Manage lease-related accounting activities, including rent schedules, and CAM (Common Area Maintenance) reconciliations.
o Review CAM reconciliations prepared by 3rd-party property management.
o Prepare CAM reconciliations for in-house managed properties.
•Process Improvement: Continuously review and provide feedback to enhance accounting processes, systems, and controls to optimize efficiency and accuracy.
QUALIFICATIONS
•Bachelor’s degree in Accounting preferred, or comparable work experience.
•Minimum 3-5 years of solid accounting experience.
•Commercial property accounting experience preferred.
•Detail-oriented with the ability to work in a high-volume setting.
•MRI or other property accounting software knowledge is a plus.
•Solid understanding of MS Office suite, especially Excel.
•Strong organizational and planning skills.
•Ability to manage several projects/tasks at one time.
•Effective written and oral communication skills.
ESSENTIAL FUNCTIONS
1. Ability to comply with company rules and regulations.
2. Ability to communicate effectively and courteously with internal and external customers through two-way verbal and written communication (speech, hearing, and writing).
3. Ability to work independently and refer appropriate matters to the supervisor when necessary.
4. Ability to comprehend written and verbal communication.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to stand, walk, and talk and hear. The employee is frequently required to sit when doing paperwork or answering emails; use hands or fingers to utilize the computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Senior Acquisitions Analyst
/by Alicia HenleyCOMPANY BACKGROUND
Real Capital Solutions is a highly entrepreneurial real estate investment company pairing active capital with an emphasis on street level solutions. As an active investment management company sources deals in value-add, opportunistic and high barrier to entry markets. RCS is solutions oriented real estate company that focuses on acquisitions, development, and management for highly complex and structured real estate opportunities. RCS has over 40 years of operational and real estate expertise with returns that are in the top 5% of private equity real estate firms in the US.
SUMMARY
The Senior Analyst position will assist in the acquisition of commercial properties, expected to include the following product types: industrial, office, retail, multifamily and hospitality with a current focus on office and industrial. This individual will have strong financial and written communication skills and prior commercial acquisitions or asset management underwriting experience as a real estate investment analyst.
RESPONSIBILITIES
To be able to perform the job, this individual will have the following:
QUALIFICATIONS
We anticipate this position will be demanding; therefore, we seek candidates who are:
ESSENTIAL FUNCTIONS
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to stand, walk, and talk and hear. The employee is frequently required to sit when doing paperwork or answering emails; use hands or fingers to utilize a computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
Vice President of Investor Relations
/by Alicia HenleyCOMPANY BACKGROUND
Real Capital Solutions is a highly entrepreneurial real estate investment company pairing active capital with an emphasis on street level solutions. RCS is an investment management company that sources value-add deals as well as opportunistic and high barrier to entry markets. RCS is a solutions-oriented real estate company that focuses on acquisitions, development, and management for highly complex and structured real estate opportunities. RCS nearly 40 years of operational and real estate expertise, and. the company’s current portfolio is comprised of nearly 17 million square feet across commercial, single tenant net lease, multi-family, and residential/resort properties that are valued more than $2.0 billion.
SUMMARY
The Vice President of Investor Relations will work to establish and maintain relationships with high-net-worth individuals and family offices with the intent of attracting capital for real estate investment opportunities. The incumbent will market investment opportunities, obtain, and close capital commitments, and work with the Chief Acquisitions Officer to create best in class investor communication and reporting. This role will be instrumental in increasing investor recognition of Real Capital Solutions in the national family office arena.
The ideal candidate for this position will be a self-starter that can quickly recruit investors for RCS’ projects. RCS is looking for a hardworking, experienced capital raise candidate to assist in building and maintaining investor relationships. This individual will have strong financial and interpersonal skills with a proven track record for raising capital from high-net-worth individuals and family offices.
RESPONSIBILITIES
QUALIFICATIONS
COMPETENCIES
ESSENTIAL FUNCTIONS
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to sit, and speak and hear. The employee is frequently required to sit when doing paperwork or answering emails; use hands or fingers to utilize computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Vice President of Investor Relations
/by Alicia HenleyCOMPANY BACKGROUND
Real Capital Solutions is a highly entrepreneurial real estate investment company pairing active capital with an emphasis on street level solutions. RCS is an investment management company that sources value-add deals as well as opportunistic and high barrier to entry markets. RCS is a solutions-oriented real estate company that focuses on acquisitions, development, and management for highly complex and structured real estate opportunities. RCS nearly 40 years of operational and real estate expertise, and. the company’s current portfolio is comprised of nearly 17 million square feet across commercial, single tenant net lease, multi-family, and residential/resort properties that are valued more than $2.0 billion.
SUMMARY
The Vice President of Investor Relations will work to establish and maintain relationships with high-net-worth individuals and family offices with the intent of attracting capital for real estate investment opportunities. The incumbent will market investment opportunities, obtain, and close capital commitments, and work with the Chief Acquisitions Officer to create best in class investor communication and reporting. This role will be instrumental in increasing investor recognition of Real Capital Solutions in the national family office arena.
The ideal candidate for this position will be a self-starter that can quickly recruit investors for RCS’ projects. RCS is looking for a hardworking, experienced capital raise candidate to assist in building and maintaining investor relationships. This individual will have strong financial and interpersonal skills with a proven track record for raising capital from high-net-worth individuals and family offices.
RESPONSIBILITIES
QUALIFICATIONS
COMPETENCIES
ESSENTIAL FUNCTIONS
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to sit, and speak and hear. The employee is frequently required to sit when doing paperwork or answering emails; use hands or fingers to utilize computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Senior Accountant – Property
/by Alicia HenleyCOMPANY BACKGROUND
Real Capital Solutions is a highly entrepreneurial real estate investment company pairing active capital with an emphasis on street level solutions. As an active investment management company, RCS sources deals in value-add, opportunistic and high barrier to entry markets. RCS is a solution oriented real estate company that focuses on acquisitions, development, and management for highly complex and structured real estate opportunities. RCS has 35 years of operational and real estate expertise with returns that are in the top 5% of private equity real estate firms in the US.
SUMMARY
The Senior Accountant – Property will assist the Property Accounting team in the day-to-day operations of the department. The incumbent will have a good working knowledge of accounting, financial statement presentation, and budgeting – including Generally Accepted Accounting Principles. The Senior Accountant will be responsible for maintaining accurate accounting records for projects falling under the purview of the department.
We have an amazing, unique team of people in Property Accounting who have fostered and nurtured a great team dynamic. We approach our days with a fun, positive attitude where ideas are openly encouraged and shared. Due to our approach, we’ve created a very cohesive team that is supportive and collaborative. If this environment sounds like a great fit, we would love to hear from you.
RESPONSIBILITIES
•Financial Reporting & Analysis: Prepare and analyze monthly, quarterly, and annual financial reports for multiple properties, ensuring accuracy and compliance with accounting standards. Conduct in-depth variance analysis to identify discrepancies and provide recommendations for improvements in property performance.
o Review / Analyze 3rd-party provided monthly financial statements and supporting schedules.
o Prepare in-house-managed financial statements and supporting schedules.
o Review and analyze financial statements and prepare supporting documents.
•Budgeting and Forecasting: Collaborate with asset management team to develop property budgets and forecasts, providing insights and recommendations for financial improvements.
o Review / analyze the annual budgeting efforts of the assigned portfolio.
•General Ledger Management: Maintain property-specific general ledgers, ensuring all transactions are accurately recorded and reconciled.
o Perform complex accounting tasks such as acquisition/disposition entries, intercompany accounting, consolidations, and multi-level entity accounting.
o Provide oversight and direction to 3rd-party property accounting teams.
o Oversee accounting for investment entities, including all equity activity.
o Prepare periodic internal accounting review files for key stakeholders.
•Accounts Payable/Receivable: Oversee the property-related accounts payable and receivable processes.
•Lease Administration: Manage lease-related accounting activities, including rent schedules, and CAM (Common Area Maintenance) reconciliations.
o Review CAM reconciliations prepared by 3rd-party property management.
o Prepare CAM reconciliations for in-house managed properties.
•Process Improvement: Continuously review and provide feedback to enhance accounting processes, systems, and controls to optimize efficiency and accuracy.
QUALIFICATIONS
•Bachelor’s degree in Accounting preferred, or comparable work experience.
•Minimum 3-5 years of solid accounting experience.
•Commercial property accounting experience preferred.
•Detail-oriented with the ability to work in a high-volume setting.
•MRI or other property accounting software knowledge is a plus.
•Solid understanding of MS Office suite, especially Excel.
•Strong organizational and planning skills.
•Ability to manage several projects/tasks at one time.
•Effective written and oral communication skills.
ESSENTIAL FUNCTIONS
1. Ability to comply with company rules and regulations.
2. Ability to communicate effectively and courteously with internal and external customers through two-way verbal and written communication (speech, hearing, and writing).
3. Ability to work independently and refer appropriate matters to the supervisor when necessary.
4. Ability to comprehend written and verbal communication.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to stand, walk, and talk and hear. The employee is frequently required to sit when doing paperwork or answering emails; use hands or fingers to utilize the computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Real Estate Counsel
/by Alicia HenleyCOMPANY BACKGROUND
Real Capital Solutions is a highly entrepreneurial real estate investment company pairing active capital with an emphasis on street level solutions. As an active investment management company, RCS sources deals in value-add, opportunistic and high barrier to entry markets. RCS is a solution oriented real estate company that focuses on acquisitions, development, and management for highly complex and structured real estate opportunities. RCS has 35 years of operational and real estate expertise with returns that are in the top 5% of private equity real estate firms in the US.
SUMMARY
The Real Estate Counsel will be responsible for overseeing and managing all legal aspects of real estate transactions for our Company. Responsibilities include drafting and negotiating commercial leases, reviewing and negotiating letters of intent, purchase and sale agreement, contracts, and loan documents, handling all due diligence, preparing closing and other real estate related legal documents, title and survey review, completing 1031 exchange transactions, reviewing construction related documents, researching real estate laws and regulations, managing outside counsel, and providing legal advice to clients. The Real Estate Counsel will handle all aspects of leasing and purchase and sale transactions from LOI to lease execution/closing. The Real Estate Counsel should have excellent communication skills, great attention to detail, and the ability to work collaboratively with other personnel.
RESPONSIBILITIES
•Drafting commercial lease agreements and handling all lease negotiations from LOI to execution.
•All aspects of commercial real estate acquisitions and sales, including preparation and negotiation of contracts; all phases of due diligence and closing.
•Familiarity with and drafting of AIA documents related to construction of tenant improvements.
•Real estate finance, including loan document review, negotiation, and loan closings.
•Resolve title disputes and conflicts regarding zoning regulations, building codes, and other legal issues.
•Familiarity with common community formation documents a plus.
•Provide advice on any legal matters pertaining to RCS, as well as on any suits brought by or against RCS.
•Draft letters, notices and correspondence on behalf of RCS.
QUALIFICATIONS
•Strong academic credentials with a J.D. Degree.
•Admitted to practice law from any state within the United States and in good standing.
•4 – 8 years’ experience in real estate acquisitions, leasing and financing.
•Strong real estate transaction background, with significant experience negotiating and drafting commercial leases and purchase and sale agreements.
•Demonstrated strategic approach to legal problem solving.
•Impeccable communication skills, both verbal and written.
•Ability to work independently on multiple projects and be deadline focused.
•Ability to be flexible and adapt to change quickly.
•High integrity with the demonstrated ability to learn quickly.
ESSENTIAL FUNCTIONS
•Ability to comply with company rules and regulations.
•Ability to communicate effectively and courteously with internal and external customers through two-way verbal and written communication (speech, hearing, and writing).
•Very proficient in MS Word and ability to operate various office equipment including computer, telephone, fax, copier, calculator.
•Willingness to work long hours.
•Ability to work independently and refer appropriate matters to supervisor when necessary.
•Ability to comprehend written and verbal communication.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to talk and hear and use hands or fingers to utilize computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The above description is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will perform other related duties assigned.
Real Estate Counsel
/by Alicia HenleyCOMPANY BACKGROUND
Real Capital Solutions is a highly entrepreneurial real estate investment company pairing active capital with an emphasis on street level solutions. As an active investment management company, RCS sources deals in value-add, opportunistic and high barrier to entry markets. RCS is a solution oriented real estate company that focuses on acquisitions, development, and management for highly complex and structured real estate opportunities. RCS has 35 years of operational and real estate expertise with returns that are in the top 5% of private equity real estate firms in the US.
SUMMARY
The Real Estate Counsel will be responsible for overseeing and managing all legal aspects of real estate transactions for our Company. Responsibilities include drafting and negotiating commercial leases, reviewing and negotiating letters of intent, purchase and sale agreement, contracts, and loan documents, handling all due diligence, preparing closing and other real estate related legal documents, title and survey review, completing 1031 exchange transactions, reviewing construction related documents, researching real estate laws and regulations, managing outside counsel, and providing legal advice to clients. The Real Estate Counsel will handle all aspects of leasing and purchase and sale transactions from LOI to lease execution/closing. The Real Estate Counsel should have excellent communication skills, great attention to detail, and the ability to work collaboratively with other personnel.
RESPONSIBILITIES
•Drafting commercial lease agreements and handling all lease negotiations from LOI to execution.
•All aspects of commercial real estate acquisitions and sales, including preparation and negotiation of contracts; all phases of due diligence and closing.
•Familiarity with and drafting of AIA documents related to construction of tenant improvements.
•Real estate finance, including loan document review, negotiation, and loan closings.
•Resolve title disputes and conflicts regarding zoning regulations, building codes, and other legal issues.
•Familiarity with common community formation documents a plus.
•Provide advice on any legal matters pertaining to RCS, as well as on any suits brought by or against RCS.
•Draft letters, notices and correspondence on behalf of RCS.
QUALIFICATIONS
•Strong academic credentials with a J.D. Degree.
•Admitted to practice law from any state within the United States and in good standing.
•4 – 8 years’ experience in real estate acquisitions, leasing and financing.
•Strong real estate transaction background, with significant experience negotiating and drafting commercial leases and purchase and sale agreements.
•Demonstrated strategic approach to legal problem solving.
•Impeccable communication skills, both verbal and written.
•Ability to work independently on multiple projects and be deadline focused.
•Ability to be flexible and adapt to change quickly.
•High integrity with the demonstrated ability to learn quickly.
ESSENTIAL FUNCTIONS
•Ability to comply with company rules and regulations.
•Ability to communicate effectively and courteously with internal and external customers through two-way verbal and written communication (speech, hearing, and writing).
•Very proficient in MS Word and ability to operate various office equipment including computer, telephone, fax, copier, calculator.
•Willingness to work long hours.
•Ability to work independently and refer appropriate matters to supervisor when necessary.
•Ability to comprehend written and verbal communication.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to talk and hear and use hands or fingers to utilize computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The above description is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will perform other related duties assigned.
Real Estate Counsel
/by Alicia HenleyCOMPANY BACKGROUND
Real Capital Solutions is a highly entrepreneurial real estate investment company pairing active capital with an emphasis on street level solutions. As an active investment management company, RCS sources deals in value-add, opportunistic and high barrier to entry markets. RCS is a solution oriented real estate company that focuses on acquisitions, development, and management for highly complex and structured real estate opportunities. RCS has 35 years of operational and real estate expertise with returns that are in the top 5% of private equity real estate firms in the US.
SUMMARY
The Real Estate Counsel will be responsible for overseeing and managing all legal aspects of real estate transactions for our Company. Responsibilities include drafting and negotiating commercial leases, reviewing and negotiating letters of intent, purchase and sale agreement, contracts, and loan documents, handling all due diligence, preparing closing and other real estate related legal documents, title and survey review, completing 1031 exchange transactions, reviewing construction related documents, researching real estate laws and regulations, managing outside counsel, and providing legal advice to clients. The Real Estate Counsel will handle all aspects of leasing and purchase and sale transactions from LOI to lease execution/closing. The Real Estate Counsel should have excellent communication skills, great attention to detail, and the ability to work collaboratively with other personnel.
RESPONSIBILITIES
•Drafting commercial lease agreements and handling all lease negotiations from LOI to execution.
•All aspects of commercial real estate acquisitions and sales, including preparation and negotiation of contracts; all phases of due diligence and closing.
•Familiarity with and drafting of AIA documents related to construction of tenant improvements.
•Real estate finance, including loan document review, negotiation, and loan closings.
•Resolve title disputes and conflicts regarding zoning regulations, building codes, and other legal issues.
•Familiarity with common community formation documents a plus.
•Provide advice on any legal matters pertaining to RCS, as well as on any suits brought by or against RCS.
•Draft letters, notices and correspondence on behalf of RCS.
QUALIFICATIONS
•Strong academic credentials with a J.D. Degree.
•Admitted to practice law from any state within the United States and in good standing.
•4 – 8 years’ experience in real estate acquisitions, leasing and financing.
•Strong real estate transaction background, with significant experience negotiating and drafting commercial leases and purchase and sale agreements.
•Demonstrated strategic approach to legal problem solving.
•Impeccable communication skills, both verbal and written.
•Ability to work independently on multiple projects and be deadline focused.
•Ability to be flexible and adapt to change quickly.
•High integrity with the demonstrated ability to learn quickly.
ESSENTIAL FUNCTIONS
•Ability to comply with company rules and regulations.
•Ability to communicate effectively and courteously with internal and external customers through two-way verbal and written communication (speech, hearing, and writing).
•Very proficient in MS Word and ability to operate various office equipment including computer, telephone, fax, copier, calculator.
•Willingness to work long hours.
•Ability to work independently and refer appropriate matters to supervisor when necessary.
•Ability to comprehend written and verbal communication.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to talk and hear and use hands or fingers to utilize computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The above description is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will perform other related duties assigned.
Assistant Controller
/by Alicia HenleyJob Title: Assistant Controller
Job Type: Full-Time; Exempt
Reports to: Corporate Controller
Date: January 2024
Real Capital Solutions is a highly entrepreneurial real estate investment company pairing active capital with an emphasis on street level solutions. As an active investment management company, RCS sources deals in value-add, opportunistic and high barrier to entry markets. RCS is a solution oriented real estate company that focuses on acquisitions, development, and management for highly complex and structured real estate opportunities. RCS has 35 years of operational and real estate expertise with returns that are in the top 5% of private equity real estate firms in the US.
SUMMARY
The Assistant Controller is accountable for the accounting operations of RCS – the management company, and the Treasury Department. This position supervises the Corporate Accounting Staff and the Treasury Operations Supervisor. The Assistant Controller is responsible for the production of periodic financial reports, maintenance of the core accounting system, establishment of internal controls, and support for the creation of the annual RCS Corporate budget.
RESPONSIBILITIES
Strategy, Planning, and Management
Financial Analysis, Budgeting, and Forecasting
Accounting and Reporting
Financial and Cash Management
PREFERED REQUIREMENTS
QUALIFICATIONS
ESSENTIAL FUNCTIONS
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to stand, walk, and talk and hear. The employee is frequently required to sit when doing paperwork or answering emails; use hands or fingers to utilize the computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Please go to LinkedIn and apply or send your cover letter and resume to jobs@realcapitalsolutions.gtstaging.com
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/by RCSadminSource: Opinion: The Marshall fire showed climate change has come to our backyard
Vice President of Acquisitions
/by RCSadminJob Title: Vice President of Acquisitions
Job Type: Full-Time; Exempt
Reports to: Chief Acquisitions Officer
Date: July 2022
COMPANY BACKGROUND
Real Capital Solutions is a highly entrepreneurial Real Estate Investment Company pairing active capital with an emphasis on street level solutions. As an active investment management company, we source value-add, opportunistic, development and longer term hold investment opportunities in a variety of markets. RCS is a solutions-oriented real estate company that focuses on Acquisitions, Development, Management and Sales for highly complex and structured real estate opportunities. With 35 years of operational and real estate expertise, we have delivered returns that are in the top 5% of private equity real estate firms in the US.
SUMMARY
The VP of Acquisitions will generate new acquisitions, joint venture investments and development opportunities. This position will evaluate each new commercial opportunity to determine whether the investment meets certain key criteria. Serves in a deal structuring capacity and oversees the investment analysis, underwriting, due diligence coordination, contract and partner negotiations, equity and financing packages, and risk analysis involved in the purchase and investment plan for the asset. He/she will also be involved in the equity capitalization and debt financing process. This includes working with the capital markets team to coordinate the presentation of the investment to both internal and external equity sources as well as various debt providers.
KEY ACCOUNTABILITIES
• Source and underwrite potential acquisition and development deals
• Develop initial business/investment plan for rents, capital improvements, operational changes, and sale
• Present to the Investment Committee
• Work directly with senior executives to continually refine investment strategy
• Work with financing team to source, quote, and place project‐level financing
• Negotiate directly with sellers and brokers to secure acquisitions on best possible terms
• Develop detailed business plans for Investors approval including the modeling of financial projections with detailed capital and operating budgets
• Underwrite and perform due diligence
• Manage the real estate investment process, including monitoring construction draws and change orders and the execution of acquisition and renovation/development plans
• Develop annual operating and capital budgets with the financial team
• Underwrite prospective deals in a clear, transparent way that serves our investment committee and investors well and then execute on those deals to close them quickly, reliably, with well‐managed risk and with a smooth turnover to asset management, providing a clear repositioning and/or value creation strategy for the asset.
QUALIFICATIONS
• Bachelor’s degree in engineering, construction, real estate or related field.
• Master’s degree in Real Estate or MBA is a plus.
• 7 – 10 years of real estate acquisitions experience.
• Real estate acquisition underwriting experience is required
• Excellent quantitative, analytical, and problem-solving skills
• Strong interpersonal and management skills
• Ability to approach problems both logically and creatively
• Excellent organizational and strategic planning skills
• Proficient in Microsoft Office Suite
• Strong understanding of Argus lease analysis software
• Understand deal structuring, waterfalls, development and generate creative solutions to maximize investor returns
• Excellent communication skills, both oral and written
• Ability to create financial models is essential
• Excel in a high-impact position within a fast-paced, deadline-driven environment
• Highly organized with a keen sense of moving things forward to positive end results
• Willingness and ability to travel up to 20%, travel frequency intermittent.
DESIRED PERSONAL TRAITS
• Passion and loyalty for the company.
• Ability to think analytically and problem solve, combined with a willingness to ask questions and work collaboratively.
• Hard-working team player, positive and enthusiastic.
• Highly organized and detail-oriented self-starter.
• Ability to work under time pressures with multiple priorities while able to meet deadlines with accuracy.
• Discretion with confidential information.
• Comfort with ambiguity and working in a fast-paced environment.
• Very driven and competitive
• Willing to work extremely hard
• Self-motivated
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to stand, walk, and talk and hear. The employee is frequently required to sit when doing paperwork or answering emails; use hands or fingers to utilize computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.