Vice President, Real Estate – Acquisitions
The Cigna Group
full-time
Posted on:
Location Type: Hybrid
Location: Bloomfield • Connecticut • United States
Visit company websiteExplore more
Job Level
About the role
- Generate new equity and debt investments in assigned territories that meet Portfolio return objectives.
- Independently negotiate, with advisement from manager, Mortgage Application, Loan Documents, Purchase & Sale Agreements and Joint Venture Documents to minimize liability to CIM.
- Lead the preparation of credit materials and presentation to recommend equity and debt investments.
- Furthermore, recommend and present investment opportunities through the credit process.
- Obtain necessary investment committee approvals and close recommended investments.
- Own and coordinate all aspects of closing with internal and external business partners (accounting, legal, engineering and insurance).
- Partner with CRI Asset Management team on underwriting of new investments and assist in all aspects of management of existing portfolio including business plans, valuations, sales, refinancing, and recapitalizations.
- Price joint venture opportunities (unleveraged IRR).
- Know spot market pricing. Determine the best relative value in the marketplace.
- Actively underwrite and quote mortgage business to determine market pricing for different credit risk profiles.
- To the extent necessary, structure credit enhancements to address lease-up risk, concentrated rollover or extensive property reposition strategy.
- Ensure pipeline reports are updated. Demonstrate broad knowledge across real estate industry and take ownership of assigned territories.
Requirements
- 5+ years of institutional real estate investment experience
- BA/BS in business, economics, finance, or other relevant field
- MBA, CFA and/or other advanced business or investment designation is desirable
- Experience in generating new equity and debt investments across multiple property types, preferably industrial and apartments, in assigned markets
- Broad market knowledge across multiple geographic regions is beneficial
- Experience in negotiation and structuring of real estate documents including: operating agreements, purchase and sale contracts, development agreements and loan documents
- Ability to solve problems and work in growth environment
Benefits
- Health insurance
- 401(k) matching
- Flexible work hours
- Paid time off
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
real estate investmentnegotiationcredit underwritingmarket pricingfinancial analysisinvestment structuringportfolio managementcredit enhancementsvaluationrefinancing
Soft Skills
problem solvingownershipcommunicationcollaborationleadership
Certifications
BA/BSMBACFA