Managing Director- Indirect Acquisitions

Description

STORE Capital Advisors, LLC is seeking a candidate to join the Acquisitions Team as part of the team focused on sourcing acquisitions from the real estate brokerage community.

How you will contribute to STORE's mission:

The Managing Director- Acquisitions is part of the 'Indirect' Acquisitions Team, which is responsible for developing and maintaining relationships with brokers nationwide, with the ultimate goal of closing marketed sale-leaseback transactions. At any given time, each member of the team can be managing multiple deals in the initial prospecting phase, LOI phase, underwriting phase and closing phase of the transaction. Each year, the collective brokerage team has a goal to do several hundred millions of dollars in acquisitions volume.

The Indirect Acquisitions team is unique in its job function for three primary reasons:

• Every deal the Indirect Acquisitions team sources is with a brand-new STORE tenant: this means the seller must be introduced to STORE and educated on the benefits we offer.

• The team operates in a competitive auction-like environment, where every deal is broadly marketed and receives multiple offers.

• The team is a cohesive single business unit - the Managing Directors on the team all work collaboratively, so the success of one MD translates to success for the entire team.

What will make you successful (Qualifications)

• Bachelor's Degree preferably in Business, Finance, and or related area required.

• 2-4 years of work experience in commercial real estate or banking; at least 1 year of credit analysis preferred.

• Excellent written and verbal communications skills.

• Proven ability to drive the sales process from start to finish.

• Excellent listening, negotiation and presentation skills.

• Self-starter with the capacity to work independently while possessing a team attitude and willingness to learn.

• Effective at time and task management.

• Ability to work under tight deadlines, prioritize and deliver quality work under pressure

What most days will include (Primary Duties)

• Work with brokers to communicate why STORE Capital is the best capital partner for their seller. This includes emails, phone conversations, and in-person meetings at conferences/office visits.

• Direct communication with property owners/future tenants to provide education on how STORE operates as a buyer/landlord, and how the STORE underwriting/closing process works.

• Direct the process between underwriting and seller prior to Investment Committee approval; facilitating negotiation of documents once the deal moves to closing.

• Lead the communication between the broker/seller to manage expectations around closing timeline, deal approval, and any other material transaction points.

• Participate in the Investment Committee presentation to senior, executive leadership and board members.

• Travel to tour properties, attend conferences, and meet business owners/brokers as needed.

What's in STORE for you (Benefits & Perks)

• Competitive Pay and Long-Term Pay Incentives

• Hybrid Work Schedule/Time Flexibility

• Comprehensive Health Benefits w/ $0 Cost Employee Benefit Plan Options

• Employer Sponsored Life and Disability Policies

• Generous Paid Time Off Program and Paid Parental Leave

• Twelve (12) Paid Holidays Per Year

• 401(k) Profit Sharing Plan with 4% match; with NO vesting schedule

• Employee Wellness Program

• Employee Training Reimbursement Program

• Employer Sponsored Electric Vehicle (EV) Charging Program

STORE Capital Advisors, LLC is a proud equal opportunity employer. We do not discriminate on the basis of race, color, religion, national origin, sex, age, disability, or any other status protected by law. It is our intention that all qualified applicants be given equal opportunity and that selection decisions be based on job-related factors. We celebrate diversity and are committed to creating an inclusive environment for all employees.