Director/ Senior Director – Acquisitions
Tishman Speyer creates vibrant destinations and dynamic environments that inspire innovation and connected communities. As a diversified developer, operator, and investment manager of top-tier real estate in 33 markets across the globe, our business choices are driven by the belief that real estate should unlock human potential. Tishman Speyer’s diversified portfolio spans market rate and affordable residential communities, premier office properties and retail spaces, industrial facilities, and mixed-use campuses. We create state-of-the-art life science centers through our Breakthrough Properties joint venture, and foster innovation through our strategic proptech investments. By combining global perspective with local expertise, and a personalized approach, we are able to anticipate our customers’ evolving needs. We were the first real estate company to introduce asset-wide amenity services through our ZO platform, and the first traditional real estate company to create its own flexible space and coworking brand, Studio.
Since our founding in 1978, Tishman Speyer has acquired, developed, and operated 522 properties, totaling 218 million square feet, with a combined value of over $129 billion (U.S.). Tishman Speyer currently has approximately $68 billion in assets under management, including iconic properties such as Rockefeller Center in New York City, The Springs in Shanghai, TaunusTurm in Frankfurt, and Mission Rock in San Francisco.
Summary of the Position:
The Director/Senior Director of Acquisitions will join as a member of the San Francisco Acquisitions team, primarily responsible for sourcing and executing acquisitions opportunities in the San Francisco Bay Area and the Seattle metropolitan area. This person will also serve as a thought leader in the office helping to think through the strategic direction of the existing office and multifamily portfolio. This individual will be involved in all aspects of investment activity, including: underwriting and financial modeling; deal structuring; coordinating due diligence; supporting financings; negotiating terms’ and shepherding deals through internal review and Investment Committee approval processes.
Key Responsibilities:
· Generate, screen and assess investment ideas and themes
· Lead or support all aspects of investment activity, from deal origination to transaction execution: source, underwrite, and structure investment opportunities in the Bay Area and Seattle MSA.
· Conduct commercial, legal and financial due diligence; perform valuation, market and risk analyses of office, multifamily, industrial and life sciences assets
· Work closely with team members to optimize deal structure by negotiating term sheets and agreements with partners
· Develop business plans and exit strategy with asset management teams
· Foster relationships with management teams and internal and external stakeholders
· Develop and maintain contact with lenders, brokers, developers, consultants, and investors
· Assist with other strategic special projects including investor presentations and capital markets strategy for the existing portfolio
· Train and mentor junior team members
Skills & Qualifications:
· 8+ years of experience in an analytically rigorous Real Estate role, with preference for relevant market knowledge
· Exceptional analytical skills and financial acumen
· Collaborative nature willingness to build and sustain productive working relationships with colleagues across various teams
· Strong verbal and written presentation skills
· Conscientious attention to detail
· Ability to travel up to 20% of the time
The base compensation range for this role is $160,000 to $230,000. This role is also eligible for a discretionary annual bonus, as well as access to our comprehensive medical, dental, and vision insurance, life and disability insurance, 401(k) plan (with matching contributions), wellness benefits and all other benefits afforded to full-time Tishman Speyer employees.
This base range reflects a number of factors including, but not limited to, relevant experience, skill sets, and/or licensure required of an individual in this particular role. The base range is also specific to members of Tishman Speyer’s San Francisco team, as we’ve considered factors specific to this geography.
Tishman Speyer is deeply committed to creating and maintaining a diverse workforce which promotes different views and perspectives. We expect our leaders and employees alike to champion diversity and inclusion practices. Tishman Speyer has several employee affinity and interest groups that provide employees opportunities to develop professional relationships across the business and identify opportunities for development and advancement.
We are proud to be an Equal Opportunity Employer and treat all applicants for employment equally based upon job-related qualifications and without regards to race, color, age, sex, sexual orientation, gender identity, gender expression, marital status, military or veteran status, national origin, disability, religion, or any other characteristics protected by law
#LI-AF1
__________________________________________________________________________