Highland Ventures is a national venture management company focused on strategically developing and operating business subsidiaries centered around its real estate portfolio. A family-owned business, Highland Ventures operates in the real estate and foodservice industries, and continues to grow and add new business ventures. Highland Ventures, under the Legacy Commercial Properties brand, owns over 700 commercial properties primarily in the retail and office asset classes. With internal leasing, property management, and construction & development functions, Highland Ventures is focused on strategically growing its commercial real estate properties, specifically in the retail sector.
Role Summary
The Director of Real Estate Acquisitions will report directly to the CEO and have demonstrated experience and expertise with retail commercial real estate acquisitions.
Responsibilities Include
Identify opportunities in target cities and neighborhoods, with a current primary focus on unanchored strip centers and NNN standalone development
Lead acquisitions team in site selection, tenant communication, diligence process, and closing process
Create and maintain a strong real estate acquisitions and development pipeline, with a target of ~20 properties acquired annually
Manage site selection for standalone and multi-tenant properties for development and acquisition
Lead team of 2-3 acquisitions associates
Maintain positive financing relationships with national and regional lenders
Manage internal Investment Committee process to approve deals and keep executive team informed
Put proper diligence process in place to allow for effective valuation for multiple concurrent projects
Lead the financial analysis of each potential acquisition and present to the Investment Committee
Structure and negotiate each unique real estate transaction to limit downside risk to Highland Ventures
Assist on the new development and deal structuring of existing deals on properties in the current Legacy portfolio
Continue to work with the executive team to refine asset class acquisitions strategy to further grow the Highland Ventures’ portfolio
Enhance team efficiency by encouraging communication between cross-functional departments, including leasing, property management, and construction
Qualifications
10+ years experience within real estate acquisitions
Undergraduate Degree, preferably in a related field
Preferred past experience in finance
Experience in transaction, deal-to-deal closure, acquisitions, and financial analysis
Experience with cross-functional and direct coordination of teams
Track record of retail development projects
Knowledge of state regulations and policies related to development
Position type and expected hours of work
This is a full-time position. Days and hours of work are typically Monday through Friday 9:00 - 6:00. The home office is located in Brentwood, TN and team members are required to work in the office 5 days per week
Travel
Must be willing and able to travel up to 50% of the time
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice
Seniority level
Director
Employment type
Full-time
Job function
Sales and Management
Industries
Retail
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