Prescott Group is seeking a highly motivated Director of Acquisitions to identify, evaluate, negotiate, and execute commercial real estate investments. This is a hands-on role responsible for sourcing new opportunities, performing and reviewing financial underwriting, leading due diligence, and managing transactions from initial evaluation through closing. The Director will work closely with senior leadership while also partnering with analysts and cross-functional teams to move investments from concept to execution.

The ideal candidate combines strong analytical and financial modeling skills with exceptional relationship-building abilities and thrives in a fast-paced, entrepreneurial environment where curiosity, creativity, sound investment judgment, and a willingness to roll up their sleeves are highly valued.

Primary Responsibilities

Investment Origination

• Develop and maintain relationships with brokers, owners, lenders, developers, operators, and industry professionals.
• Proactively source both marketed and off-market investment opportunities.
• Build and maintain an active pipeline across multiple markets and asset classes.
• Attend industry events and cultivate new business relationships.
• Identify emerging market trends and investment opportunities that align with Prescott’s strategy.

Financial Analysis & Underwriting

• Personally build, review, and refine complex acquisition and development financial models.
• Analyze operating statements, rent rolls, market data, capital structures, and business plans.
• Evaluate investment returns, sensitivities, downside risks, and financing alternatives.
• Prepare investment memorandums and present recommendations to executive leadership and the Investment Committee.
• Work alongside analysts by reviewing assumptions, providing guidance, and ensuring underwriting accuracy.

Due Diligence

• Lead and actively participate in all phases of acquisition due diligence.
• Review leases, operating reports, third-party reports, legal documents, and property-level information.
• Coordinate legal, environmental, engineering, survey, title, insurance, tax, and other consultants.
• Identify transaction risks and develop practical mitigation strategies.
• Partner closely with development, construction, accounting, asset management, and property management teams throughout the diligence process.

Transaction Execution

• Participate directly in negotiating letters of intent, purchase agreements, amendments, and transaction documents.
• Coordinate lenders, attorneys, title companies, consultants, and equity partners through closing.
• Manage transaction timelines, resolve issues as they arise, and ensure critical milestones are achieved.
• Support financing efforts, capital partner communications, and closing activities as needed.

Portfolio & Strategic Analysis

• Evaluate existing investments for refinancing, recapitalization, repositioning, or disposition opportunities.
• Perform hold-versus-sell analyses and other strategic evaluations.
• Monitor market conditions, cap rates, financing trends, construction costs, and competitive activity.
• Contribute to long-term acquisition strategy, geographic expansion, and new investment initiatives.

Qualifications

• Bachelor’s degree in Finance, Real Estate, Business, Economics, or related field.
• MBA, MSRE, or CFA designation preferred.
• 7+ years of commercial real estate acquisitions, investments, private equity, development, or institutional investment experience.
• Demonstrated experience closing complex commercial real estate transactions.
• Strong understanding of commercial real estate finance, capital structures, and investment analysis.
• Advanced Excel modeling skills.
• Experience with ARGUS Enterprise preferred.
• Strong presentation and investment committee communication skills.
• Ability to manage multiple transactions simultaneously with exceptional attention to detail.

Preferred Experience

Experience with one or more of the following asset types:

• Multifamily
• Industrial
• Self-storage
• Hospitality
• Senior housing
• Student housing
• Mixed-use developments
• Distressed or value-add investments

Experience working with:

• Joint venture structures
• Private equity funds
• Institutional investors
• Debt financing
• Development projects
• Loan acquisitions

What Makes Someone Successful

The successful candidate will be:

• A relationship builder who enjoys finding and creating investment opportunities.
• Equally comfortable networking with brokers and building financial models in Excel.
• Willing to dive into details while keeping sight of the broader investment strategy.
• Naturally curious and continuously looking for ways to create value.
• Entrepreneurial, resourceful, and comfortable working with autonomy.
• Highly analytical with strong commercial instincts and sound investment judgment.
• Comfortable managing multiple transactions simultaneously in a fast-paced environment.
• Collaborative and able to work effectively with acquisitions, development, asset management, accounting, legal, and executive leadership.
• An effective mentor who enjoys coaching junior team members while remaining actively involved in the work.