Urstadt Biddle Properties, a successful NYSE-listed REIT founded in 1969, which owns and manages over 80 properties (primarily grocery-anchored shopping centers) comprising 5.5 million square feet in the New York City suburbs, is seeking to expand its Acquisitions Department by adding an Assistant Vice President of Acquisitions/Financial Analyst.
Who we are looking for:
You are a self-motivated, energetic, proactive individual with retail real estate experience and strong financial aptitude, and you will be comfortable acting as the Acquisition Department’s primary financial analyst, in addition to identifying new acquisition opportunities that meet the company’s criteria and assisting with deal structuring. You will work closely with the Senior Vice President of Acquisitions and others in company leadership positions to help us continue to grow in a manner consistent with our philosophy.
Your duties will include the following:
Complete financial analysis and modeling of potential acquisitions.
Manage the due diligence process of new acquisitions and dispositions.
Enhance our extensive network of property owners and brokers through cold-calling, direct meetings and trade show attendance.
Seek to generate new deals, with a focus on generating direct off-market opportunities.
Travel within the NY suburban markets to solidify relationships, tour existing and prospective new assets and gather intelligence on prospective deal opportunities.
Manage the company’s proprietary database of property owners/acquisition candidates.
Assist in structuring transactions, negotiating economic terms and drafting letters of intent.
Interface with in-house Leasing Department to gather data, leasing assumptions and other market intel.
Review acquisitions at intervals post-closing in order to evaluate conformance with due diligence projections/assumptions.
Participate in special development projects.
Your desired skills and qualifications:
Bachelor’s degree in Real Estate, Finance, Economics or other related field.
Solid proficiency in Microsoft Excel and ARGUS.
Strong networking and communication skills.
Positive team player with proactive work ethic, approach and pride of work.
Organizational skills and attention to detail.
Strong presentation skills; persuasive in nature.
Flexibility and ability to multi-task.
Ability to think “out of the box”.
Self-starter and ability to work independently.
Strong relationship management skills.
Knowledge of industry practices.
What we offer:
Full-time employment; competitive salary commensurate with experience; eligible for bonus and restricted stock grants; benefits include health insurance, dental insurance, 401(k) with a partial company match, paid vacation days and other benefits.
Please submit via e-mail to James Aries (Jaries@ubproperties.com) your resumé, salary requirements and a cover letter explaining why you are the right candidate for this position.
*Direct applicants only; unsolicited submissions by recruiters will not be accepted
**Urstadt Biddle Properties Inc. provides equal employment opportunity to all persons. No employee or applicant for employment will be discriminated against because of race, creed, origin, marital status, sexual orientation, age, otherwise qualified disabled or veteran status or any other characteristic protected by applicable law.