Job Type

Full-time

Description

MLG Capital is seeking a highly motivated and experienced Acquisitions Specialist to join our team. The successful candidate will be responsible for identifying, evaluating, and acquiring properties in the Northeast region, with a particular focus on 1031 exchange opportunities and contributions to MLG Capital's Legacy Fund, a tax deferred open-ended fund. The candidate will also target acquisition opportunities, primarily in the multifamily and industrial/flex asset classes, for MLG's closed-end equity funds. This role requires a strategic thinker with strong connections and relationships with a deep understanding of the real estate market in the Northeast.

The acquisitions specialist will have the opportunity to present to investment committee members and communicate with owners regarding potential and ongoing opportunities, analyze financial statements and rent rolls, compile sales and rent comparables, perform general market research, and assist in the operations of the existing portfolio.

About MLG Capital:

37+ year old real estate investment firm headquartered in Brookfield, WI. MLG is acquiring on behalf of both the Legacy Fund (MLG's proprietary tax deferred fund) and its series of closed-end funds (currently Fund VI, $400M fully discretionary equity fund). MLG targets roughly 80% multifamily, 10-15% industrial/flex, and 5-10% retail and has acquired over $4B of assets in the past 5 years.

Core Duties and Responsibilities:
• Identify potential contribution & acquisition targets through investment sales brokers, direct outreach, networking, and market research.
• Focus on identifying and executing 1031 exchange opportunities to maximize tax benefits.
• Develop and maintain relationships with property owners, brokers, and other key stakeholders in the region.
• Conduct thorough due diligence on potential acquisitions, including financial analysis, property inspections, and market assessments.
• Negotiate terms and conditions of acquisition agreements to ensure favorable outcomes for the company.
• Collaborate with internal teams, including finance, legal, and operations, to facilitate the acquisition process.
• Prepare and present acquisition proposals to senior management for approval.
• Monitor and report on market trends and competitive activity in the Northeast region.

Reporting Relationship:

The Acquisitions Specialist will report to the Senior Vice President of Acquisitions and participate in weekly underwriting and investment decision meetings.

Requirements
• Bachelor's degree in Business, Real Estate, Finance, or a related field.
• Minimum of 5 years of experience in real estate acquisitions, with a focus on the Northeast region.
• Strong analytical and financial modeling; excellent negotiation and communication skills.
• Experience with 1031 exchanges and understanding of related tax benefits.
• Ability to work independently and manage multiple projects simultaneously.
• Willingness to travel within the Northeast region as needed.
• High proficiency in Excel, Argus experience (preferred)
• Familiarity with Axiometrics, CoStar, Salesforce
• Strong knowledge of real estate finance and capital markets
• Passionate, professional, and personable
• Ability to work successfully both as part of a team and independently in a remote office

Education Requirements:

Candidates are required to have a Bachelor's or Master's degree in Accounting, Finance, Real Estate, or similar majors. Ideal candidates will have graduated with a GPA above 3.5.

Experience Requirements:

Ideal candidates will possess 5+ years of real estate experience with a specific focus on the Northeast Region.

Physical Requirements:

Ability to operate office machinery; including but not limited to: telephone, computer, copy machine, fax machine, printer, and mobile phone. Ability to sit for extended periods (up to 4 hours) and use a computer for up to 8 hours per day. Ability to lift up to 10 pounds on an occasional basis.

Quali?ed applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, sexual orientation, national origin or any other category protected by law.

In compliance with the Americans with Disabilities Act, a "reasonable accommodation" will be made for an individual with a known physical or mental limitation unless it would require an action of signi?cant difficulty causing undue hardship.

This document covers the most significant duties performed but does not exclude other occasional work assignments not mentioned.