At a Glance
- Tasks: Lead acquisition strategies and negotiate deals to drive growth in real estate development.
- Company: Join Edgar Development, a leader in sustainable and impactful real estate projects.
- Benefits: Collaborative work environment, hands-on experience, and opportunities for professional growth.
- Other info: Be part of innovative projects that enhance lives and foster community well-being.
- Why this job: Make a real difference in communities while advancing your career in real estate.
- Qualifications: 5+ years in real estate acquisitions with strong financial and regional knowledge.
The predicted salary is between 121500 - 148500 $ per year.
A Director of Acquisitions leadership position is responsible for identifying, evaluating, and executing acquisition opportunities that align with an organization's strategic growth objectives. This role is common in industries such as real estate, private equity, corporate development, and investment firms.
Key Responsibilities
- Deal Sourcing and Strategy: Identify and pursue real estate development acquisition opportunities. Develop acquisition strategies aligned with company goals. Build relationships with brokers, owners, and industry contacts. Lead financial modeling, valuation, and investment analysis. Assess risks and returns for potential deals.
- Negotiation & Execution: Structure and negotiate deal terms. Coordinate with legal, finance, and external advisors. Lead transactions from initial contact through closing.
Qualifications
- Experience: 5+ years in real estate acquisitions, with a proven track record of sourcing and closing deals in Vancouver and broader Western Canadian markets.
- Technical Literacy: Proven ability to lead due diligence for both development sites and stabilized IPP assets.
- Financial Acumen: Advanced understanding of real estate finance and the ability to provide rigorous oversight of complex proformas.
- Regional Knowledge: Strong familiarity with the various municipal policies, OCPs, and market dynamics across Western Canada.
Collaborative Work Environment: Be part of a supportive team that values efficiency and working together across all departments. You will be exposed to all elements of development and IPP.
Growth Opportunities: Gain hands-on experience across various accounting functions and expand your skill set.
Exposure to Multiple Entities: Work with different entities (Corporate, IPP & development), gaining diverse industry experience.
About EDGAR Development: At Edgar, we believe in creating spaces that do more than just exist- they thrive. Since our inception in 2009, we've been dedicated to transforming the landscape of Western Canada with meaningful and sustainable developments that enhance the lives of those who live and work in them. Guided by our philosophy of "Build to thrive", we focus on crafting environments that foster community and well-being. Our goal is to deliver high-quality developments that cater to the needs of both residents and businesses, ensuring that every project we undertake contributes positively to the community. Our diverse portfolio includes residential, commercial, and mixed-use developments. One of our flagship projects is the master plan for a 23-acre development in Port Moody, featuring approximately 2,000 new homes and 466 rental units. This project exemplifies our commitment to creating vibrant, integrated communities. We are proud to be part of initiatives like BC Builds, which aims to provide nearly 1,200 rental homes in Langley and Burnaby for individuals, seniors, and families with middle incomes. Our projects are designed to make a real difference in the lives of those who call them home. We strive to incorporate cutting-edge design and environmentally responsible practices into our developments, ensuring they are not only beautiful but also sustainable for future generations. Our success is driven by a team of experienced professionals who are passionate about real estate development.
Director of Acquisitions in Vancouver employer: Edgar Development Corp.
At Edgar Development, we pride ourselves on being an exceptional employer that fosters a collaborative work environment where every team member is valued and empowered. Located in the vibrant city of Vancouver, our commitment to employee growth is evident through hands-on experience across various functions and exposure to diverse industry entities. Join us in our mission to create meaningful and sustainable developments that enhance community well-being, while enjoying the benefits of working with a passionate team dedicated to making a positive impact.
