# Acquisitions Associate- Multifamily Investments

**Company:** [Bluecore Residential](http://jobs.workable.com/companies/swmYNBMsXgx7hdq5qXfpLJ.md)
**Location:** Newport Beach, United States
**Workplace:** on site
**Employment type:** Full-time
**Department:** Corporate

[Apply for this job](http://jobs.workable.com/view/c5c12942-8ceb-42d9-ba14-7d448da96dd2)

## Description

Bluecore Residential (formerly Mount Auburn Multifamily/Bluestone Properties) is a private multifamily real estate investment firm founded in 2004. We've manage over 16,000 multifamily units across high-growth markets nationwide and were the largest seller of multifamily properties in the U.S. in 2022, consistently achieving deal-level IRRs exceeding 30%.

With the launch of our new pension fund partnership and dedicated acquisition fund, we are expanding our pipeline of preferred equity investments and acquisitions, with a primary focus on Class A multifamily assets in the Sunbelt. Our long-term vision is to deploy over $10B in capital over the next 7–10 years and scale the platform to 40,000–50,000 units.

The Investment Associate will function as the **primary execution lead** across acquisitions and preferred equity investments. The role sits at the center of the investment process, ensuring all analysis, materials, and workflows are accurate, timely, and decision-ready.

This individual will:

-   Manage analysts
-   Own underwriting quality
-   Lead investment committee materials
-   Coordinate deal execution from initial screening through closing

What Makes This Role Unique:

-   Direct exposure to senior investment leadership
-   Ownership of investment committee materials and deal execution
-   Central role in scaling a high-growth multifamily investment platform
-   Broad exposure across acquisitions, credit, and capital structuring
-   Opportunity to build and institutionalize processes and systems  
      
    

**Key Responsibilities:**

**Underwriting & Quality Control**

-   Oversee all financial modeling and underwriting across acquisitions and preferred equity investments
-   Review and validate analyst work, including:

-   cash flow models
-   rent and expense assumptions
-   capital structures and return metrics

-   Ensure consistency with firm underwriting standards and investment guardrails
-   Run sensitivities, downside scenarios, and risk analysis

**Investment Committee & Materials**

-   Lead preparation of all investment committee memoranda and presentations
-   Translate complex analysis into clear, decision-ready materials
-   Ensure all assumptions are well-supported and defensible
-   Coordinate internal review and revisions prior to IC

**Deal Flow Management**

-   Manage pipeline across acquisitions and credit investments
-   Track all active deals, timelines, and key milestones
-   Coordinate across originators, analysts, and third parties
-   Ensure deals move efficiently from screening through closing

**Analyst Oversight & Development**

-   Directly manage and mentor analysts
-   Assign workload and enforce timelines
-   Maintain quality control across all work product
-   Train analysts on underwriting standards and investment framework

**Ad Hoc Analysis & Strategic Work**

-   Conduct deep dives on:

-   markets and submarkets
-   supply and demand dynamics
-   portfolio performance
-   capital structure strategies

-   Support senior leadership on strategy, investor materials, and new initiatives

**Transaction Execution**

-   Support all phases of deal execution, including:

-   due diligence coordination
-   lender and partner interactions
-   closing processes

**What Success Looks Like**

-   All deals are fully underwritten, accurate, and IC-ready without rework
-   Investment materials are clear, concise, and decision-driven
-   Analysts are efficient, productive, and well-managed
-   Deal flow moves quickly with no breakdowns
-   Senior leadership can rely on this role as a single point of execution control

## Requirements

-   Bachelor's Degree in Finance, Economics, Accounting, Business or related field.

-   You have at three-seven years of experience in multifamily real estate finance, specifically real estate private equity, multifamily acquisitions, real estate investment banking and credit/preferred equity investing.
-   You have at least three years of experience underwriting multifamily acquisitions.
-   Strong understanding of: IRR, equity multiples, and yield metrics, multifamily operating fundamentals and capital structures (debt and equity).
-   Experience preparing investment committee materials
-   You have advanced computer skills; including Word, Excel and Adobe Acrobat.
-   You have excellent interpersonal and communication skills.
-   You have high accountability, an extreme attention to detail, problem solving ability, and ability to operate with urgency.

## Benefits

**Competitive Salary-** The salary for this position will be determined based on the candidate's total relevant experience. Relevant experience would be 3-7 years underwriting multifamily acquisitions.

**Performance Bonuses**\- Our corporate team participates in performance-based bonuses.

**Paid Time Off**\- Unlimited DTO starting upon hire.

**Mentorship-** Work with an experienced team of multifamily investment professionals.

**Holiday Pay**\- 10 full paid holiday.

**Paid Volunteer Hours**\- 8 hours of paid volunteer time you can use throughout the year.

**Housing Discounts**\- 25% off rent available for all employees off any unit.

**Comprehensive Insurance Benefits**\- Medical PPO, HDHP, FSA, HSA with employer match

Dental, Vision, STD, & LTD.

**Retirement Plan**\- 401K with a 25% company match up to 6%.

**Travel & Personal Discounts**\- Company rate National/Enterprise rental cars for leisure travel, plus additional discounts with Verizon (18% discount) and Expedia (10% discount).

**Certification Reimbursement**\- Full reimbursement for approved industry related certifications, including CAM, CPO, EPA, and more!

**Tech Forward & Transparent Culture**\- Innovative internal software to make your job easier!

**Cultural Appeal**\- We run on transparency and healthy debate (No Fear of Conflict); you are encouraged to appeal and share what is not working well. Your voice truly matters!

EOE