Director of Acquisitions - Multifamily Investments

Company: REEP Management
Location: San Antonio
Posted on: April 3, 2026

Job Description:

Job Description Job Description Director of Acquisitions – Multifamily Investments REEP Equity — San Antonio, Texas Full-Time | Salary | In-Office REEP Equity is seeking a Director of Acquisitions to lead the sourcing, underwriting, financing, and execution of multifamily acquisitions across Texas. In addition, this role will be responsible for negotiating and completing property dispositions. REEP is a vertically integrated, privately owned real estate investment firm focused on acquiring and operating multifamily communities throughout Texas. Our investment platform spans multiple asset types, from workforce garden-style communities to mid-rise and build-to-rent properties. REEP currently manages over $750 million in assets and 5,200 units and has been recognized as a Top 5 Best Places to Work in San Antonio and one of the San Antonio Business Journal’s Fastest Growing Companies for 7 consecutive years. This is a senior leadership role responsible for driving deal flow, structuring acquisitions, sourcing debt capital, and executing transactions. The Director of Acquisitions will work closely with REEP’s executive leadership, asset management, and property management teams to identify, evaluate, and close multifamily acquisitions and investments. The ideal candidate is both a relationship-driven deal originator with a disciplined investor mindset who can source opportunities, structure financing, and lead transactions from initial evaluation through closing. Key Responsibilities Deal Sourcing & Market Coverage Source multifamily acquisition opportunities across Texas through broker relationships, direct owner/lender outreach, and industry networks. Build and maintain strong relationships with brokers, owners, lenders, and industry partners to generate consistent deal flow. Travel periodically to evaluate target markets and inspect potential investment opportunities. Underwriting & Investment Analysis Lead financial underwriting and valuation analysis, including cash flow modeling, sensitivity analysis, and return metrics. Oversee underwriting assumptions and ensure alignment with REEP’s investment strategy. Analyze market and submarket data to validate acquisition opportunities. Debt Sourcing & Capital Structuring Source and evaluate debt financing for acquisitions and refinancings. Develop relationships with lenders and debt capital providers. Structure and negotiate loan terms in coordination with capital markets partners and internal leadership. Integrate financing assumptions into investment underwriting and execution strategy. Transaction Execution Negotiate Letters of Intent, Purchase and Sale Agreements, and other key transaction documents. Lead the due diligence process with legal, financial, and operational teams. Coordinate closely with asset management, construction, and property management teams to ensure credible business plans and smooth transitions post-acquisition. Lead the evaluation of disposition or refinance opportunities for the existing portfolio, with the ability to project timing for execution and coordinate with property management teams to ensure assets are positioned for an optimal outcome. Investment Committee & Internal Collaboration Prepare and present investment memoranda and recommendations to the Investment Committee. Coordinate with Asset Management and Residential Operations teams to determine the viability of location and business plan metrics. Communicate transaction strategy, risks, and opportunities clearly to internal leadership and capital partners. Determine capital stack and provide projections to the Investor Relations team regarding capital raising requirements. Leadership & Team Development Mentor and guide analysts or associates supporting underwriting and transaction execution. Maintain underwriting standards and ensure the accuracy and quality of investment analysis. Qualifications - 7 years of experience in multifamily acquisitions, real estate private equity, or principal investing. - Proven experience sourcing, underwriting, and closing multifamily investments. - Experience sourcing or structuring debt financing for real estate transactions. - Advanced financial modeling and underwriting skills (Excel required). - Strong understanding of multifamily operations, capital markets, and investment structures. - Ability to manage multiple transactions simultaneously in a fast-paced environment. - Advanced understanding of real estate investment analysis and transaction execution. Application Requirement: Only applicants with commercial real estate experience will be considered and contacted for interviews.

Keywords: REEP Management, San Antonio , Director of Acquisitions - Multifamily Investments, Accounting, Auditing , San Antonio, Texas