Divcore Jobs (NOW HIRING)

Company Background

Founded in 1993, DivcoWest is a multi-disciplinary real estate investment firm headquartered in San Francisco, with offices in Los Angeles, Menlo Park, Cambridge, Washington DC, Austin, and New York City. Known for our long-standing relationships and track record of success in innovative markets, DivcoWest combines entrepreneurial spirit with an institutional approach.

DivcoWest aims to create environments that inspire ingenuity, promote growth, and enhance the health, happiness, and well-being of all people. A disciplined code of ethics is at the core of all that we do. We believe that the collective energy of a diverse team is what drives our creative ideas and solutions.

Summary

We are seeking an Associate Director of Acquisitions to collaborate with regional leadership on the acquisition of commercial and multifamily assets across all Bay Area (and Pacific Northwest) Markets. The successful candidate will be responsible for evaluating potential transactions, managing the due diligence process, preparing internal investment memorandums, as well as working closely with junior and senior team members.

This role requires 5 days in office at our San Francisco, CA location.

Interested candidates should send their resumes to Recruiting@divcore.com.

Responsibilities

• • • Deal Execution:
      • Lead and manage the execution of transactions, including ensuring timely and accurate delivery of work products to meet internal deadlines.
      • Oversee or contribute to all aspects of the deal process, including underwriting, financial analysis, due diligence, structuring, documentation, and business plan development. 
    • Team Management:
      • Lead and mentor junior team members, including Associates and Analysts, by providing guidance, feedback, and support.
      • Coordinate and delegate tasks to Analysts and Associates.
      • Foster a collaborative and inclusive team culture, promoting professional development and sharing knowledge.
    • Business Development:
      • Identify, pursue, and evaluate potential equity and debt investment opportunities.
      • Engage in networking activities, form and foster relationships.
      • Stay updated on market trends, industry developments, and competitive landscape to identify potential deal opportunities.
    • Financial Analysis:
      • Conduct comprehensive financial analysis, including financial modeling and valuation.
      • Interpret financial and market data to draw conclusions and form investment strategy.
    • Regular travel to various Bay Area markets is required; occasional travel and collaboration with other regional offices may be required.

Qualifications

• BA/BS required.
• Minimum of 5-7 years of related real estate experience; at least 5 years of transaction experience.
• Must have a high degree of integrity, intellectual capital, and curiosity.
• Strong knowledge of commercial real estate market dynamics, asset types, trends, and investment analysis.
• Ability to work independently and in a team environment, with a high level of attention to detail and accuracy.
• Exceptional business writing ability.
• Excellent communication and negotiation skills, with the ability to build and maintain relationships with brokers, property owners, and other industry professionals.
• Exceptional real estate finance skill set including the ability to run/oversee/collaborate on complex deal modeling in Excel and ARGUS.
• Familiarity with relevant legal documents, including joint venture agreements, loan agreements and purchase & sale contracts.
• SF Bay Area industry relationships and market knowledge preferred but not required.
• High level of initiative, strong work ethic and ability to collaborate across teams and functions.
• Desire to grow; receptive to coaching and feedback.

The person in this position must be able to:

• Remain in a stationary position for 75% of the time working on a computer and attending virtual meetings.
• Occasionally move about the office to access file cabinets, office technology, and attend meetings etc.

Compensation

• $160,000-$180,000 base salary
• Annual bonus opportunity
• Full benefits 
• 401k
• Flexible vacation policy
• Weekly lunch stipend

Divco West Services, LLC (“Company”), an equal opportunity employer, is committed to equal opportunity for all employees and applicants.  The Company recruits, hires, trains, promotes, pays, and administers all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person’s appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law.  We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records. Please review our company Privacy Policy regarding the use of any personal information you provide us at: https://www.divcowest.com/privacy-policy/

This policy applies to all areas of employment, including recruitment, testing, screening, hiring, selection for training, upgrading, transfer, demotion, layoff, discipline, termination, compensation, benefits, and all other privileges, terms, and conditions of employment.  This policy and the law prohibit employment discrimination against any employee or applicant on the basis of any legally protected status outlined above.