Senior Acquisitions Associate – Real Estate Private Equity

Job Description

Senior Associate – Acquisitions | Bullpen

The Tone:
This is a full-time role at Bullpen, located in West Palm Beach, Florida. Bullpen is an entrepreneurial real estate investment firm, seeking a Senior Acquisitions Associate to join its growing investment team. This role is vital for sourcing, underwriting, and executing commercial real estate investments, contributing to a rapidly expanding platform and helping shape the firm’s portfolio. The ideal candidate will be analytical and entrepreneurial, taking ownership of transactions from initial review through closing.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person, West Palm Beach, FL

• Team: Investment Team, collaborating across acquisitions, development, finance, and asset management.
• Mission: To identify, underwrite, and execute commercial real estate investments to expand the firm’s real estate investment portfolio.
• Tech Stack: Excel, ARGUS

What You’ll Actually Do
• Investment Sourcing: Source and evaluate new investment opportunities across multiple commercial real estate asset classes.
• Financial Modeling: Build and maintain sophisticated financial models, including acquisition, development, and sensitivity analyses.
• Due Diligence: Lead financial and operational due diligence alongside internal teams and third-party consultants.
• Reporting & Presentation: Prepare investment memoranda and present opportunities to senior leadership and investment committees.
• Transaction Coordination: Coordinate with brokers, lenders, legal counsel, consultants, and joint venture partners throughout the acquisition process.

The Must-Haves
• Background: Bachelor’s degree in Finance, Real Estate, Economics, Business, or a related field.
• Experience: 4–7 years of experience in commercial real estate acquisitions, investments, private equity, development, or investment banking; experience underwriting institutional-quality commercial real estate investments.
• Skills: Advanced financial modeling and Excel skills; strong understanding of discounted cash flow (DCF), IRR, equity waterfalls, capitalization rates, and real estate valuation methodologies; excellent communication and presentation skills; ability to manage multiple transactions simultaneously while maintaining exceptional attention to detail.
• Bonus: Commercial real estate private equity or institutional investment platform experience; exposure to development, value-add, opportunistic, or mixed-use investments; experience preparing investment committee materials and participating in transaction execution; ARGUS proficiency.