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Real Estate Private Equity Vice President Role Overview
StepStone Real Estate is seeking an experienced and dynamic Vice President to lead and expand our real estate acquisition efforts across the United States. The Vice President will oversee the identification, evaluation, and execution of strategic acquisition opportunities, ensuring alignment with the company’s long-term growth objectives. The ideal candidate will have a strong track record in real estate investments, deep market knowledge, and a proven ability to drive successful acquisitions in diverse real estate sectors.
Essential Job Functions:
Leadership & Strategy:Lead and manage the real estate acquisitions team, providing mentorship, guidance, and strategic directionDevelop and execute the company’s real estate acquisition strategy, focusing on both short- and long-term objectivesCollaborate with senior leadership to ensure acquisition targets align with broader company goals and market conditionsAcquisition Execution:Identify, source, and evaluate high-potential acquisition opportunities across various real estate asset classes (residential, commercial, industrial, mixed-use, etc.)Lead due diligence, financial modeling, and structuring of acquisition dealsNegotiate terms and conditions with property owners, brokers, and other stakeholders to secure advantageous dealsOversee all aspects of the acquisition process, from initial contact to closing, ensuring compliance with legal, regulatory, and internal guidelinesMarket & Industry Knowledge:Stay abreast of trends in real estate markets, including economic factors, regulatory changes, and emerging investment opportunities in the U.SDevelop and maintain a network of key relationships, including brokers, developers, institutional investors, and financial partnersConduct competitive market analysis and perform risk assessments to inform decision-makingFinancial Oversight:Lead the development and execution of financial models, including cash flow projections, internal rate of return (IRR) calculations, and sensitivity analysesOversee the investment committee process, presenting acquisition opportunities and providing insights and recommendationsEnsure the optimization of investment returns while managing risk and ensuring alignment with the company’s financial objectivesTeam Collaboration & Cross-Functional Support:
- Work closely with the legal, finance, and operations teams to ensure seamless execution of transactions
- Support the asset management team in post-acquisition strategy, including integration and optimization of properties
- Reporting & Performance Monitoring:
- Regularly report on acquisition pipeline, financial performance, and key market trends to executive leadership
- Track and monitor post-acquisition performance, ensuring that assets meet or exceed projected returns
Education and/or Work Experience Requirements:
- At least 7 years of experience in real estate acquisitions, with a demonstrated track record of successfully closing deals in multiple asset classes
- Proven experience leading acquisition teams and managing large-scale transactions
- Extensive experience in real estate acquisitions, including a proven track record of successfully identifying and closing lucrative investment opportunities.
- Strong financial and analytical skills to assess and evaluate potential real estate deals, including conducting due diligence, financial modeling, and risk analysis.
- Excellent leadership abilities to lead and manage a team of real estate professionals, providing guidance and direction in executing acquisition strategies.
- Exceptional negotiation and communication skills to interact with sellers, brokers, investors, and other stakeholders, ensuring smooth and successful transactions.
Knowledge, Skills, and Ability Requirements:
- Extensive network of industry contacts and a deep understanding of real estate markets and trends.
- Highly analytical with exceptional problem-solving skills
- Proficient in Microsoft Office Suite (Excel, PowerPoint, Word) and real estate software
- ARGUS experience optional but preferred
- Promote and demonstrate a positive, team-oriented attitude
Salary - $205,000
The salary is an estimate of pay for this position. Actual pay may vary depending on job-related factors that can include location, education, skill, and experience. The salary range does not include any benefits or other forms of possible compensation that may be available to employees.
About Us
Working out of 26 offices in 15 countries, StepStone has a truly global viewpoint. As people are our biggest asset, we offer resources to help our employees reach their full potential. Our principles are based on integrity, transparency, respect and creativity, which together define how we do business.
Join us
When you choose to work at StepStone, you'll find a group of professionals who are passionate about anticipating changes, solving problems and working together to make it all happen. Our integrated global team shares insights into how managers think and operate, as well as how they might perform.
StepStone offers a competitive compensation package including salary and incentive compensation for all full time hires, as well as a comprehensive benefits package.
Benefits
We offer a range of benefits which include comprehensive healthcare, strong retirement plan, a mental health well-being program, paid time off, student loan repayment program for our US office locations, and several wellness initiatives.
Disclaimer / Policy Statements
At StepStone, diversity, equity and inclusion are an integral part of our culture. We are an Equal Opportunity Employer that strives to create an inclusive environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups representing our dedication to Diversity, Equity & Inclusion.
As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.
Developing People at StepStone
