Company Overview

Westbow Group of Companies is a rapidly expanding construction and development company located in Chilliwack, BC. Over the last 5 years we have built and sold over 500 homes in the BC and Saskatchewan markets and manage residential properties in Alberta and Saskatchewan. Westbow is looking for hard working individuals that are excited by a fast-paced environment and growth. We are a company that prides ourselves on living up to our core values:

  • We work hard, we work smart
  • We build lasting value
  • We are creative and innovative
  • We have fun
  • We act with integrity
  • We care

Job Overview

The Acquisitions Manager is responsible for networking with brokers and vendors to establish a pipeline of acquisitions, submitting proposals and letters of intent as well as discussing and negotiating terms to facilitate successful transactions. The Acquisitions Manager is responsible for ensuring acquisitions made by the employer are sound and reasonable. This involves projecting how the transaction will affect the company and determining the financial impact of the acquisition. The Acquisitions Manager may also develop and execute acquisition strategies to ensure the process goes smoothly.

Duties and Responsibilities

  • Finding, analyzing, and procuring real estate properties across Western Canada.
  • Validating both the qualitative and quantitative aspects of new acquisitions.
  • Screening acquisition opportunities based on investment criteria and requirements.
  • Establishing and maintaining relationships with 3rd party stakeholders (appraisers, commercial brokers, etc) to quickly leverage industry intelligence.
  • Negotiating the purchase price and subjects of real estate properties.
  • Assisting in generating and negotiating Letters of Intent (LOI) and Partnership Agreements (PSA) from conception to completion.
  • Leading proforma and feasibility studies with comprehensive due diligence for each acquisition.
  • Collecting, analyzing, and controlling due diligence materials.
  • Maintaining due diligence checklists to monitor documentation and aid with strategic decision making.
  • Developing preliminary budgets and schedules to manage both expenditures and timelines.
  • Compiling industry and market data to present a high-level view of future opportunities.
  • Preparing financial models and market analysis reports to analyze the industry.
  • Undertaking consistent market research and data collection.
  • Staying current on industry standards and ongoing processes and/or issues.
  • Attending and leading meetings with internal and external stakeholders.
  • Assisting with daily management of consultants, contractors, and third-party vendors.
  • Refining acquisition processes to improve consistency and rigour of execution.
  • Maintaining and organizing electronic project files.

Role Competencies

  • Must have exceptional interpersonal and communication skills, both written and verbal.
  • Strong analytical and critical thinking abilities.
  • Strong negotiating skills.
  • Self-motivated.
  • Detail oriented. Promoting accuracy of information while managing a high volume of work.
  • Team oriented and collaborative.
  • Ability to multitask in a fast-paced environment.

Qualifications and Education Requirements

  • Relevant real estate experience an asset
  • Undergraduate degree in Business Administration, Land Economics, or Urban Planning an asset.
  • Project Management certifications an asset
  • Completion of Real Estate Trading Services Licensing Course an asset
  • Working knowledge of real estate market, data and trends, and land regulation policies.
  • Comprehensive knowledge of real estate contracts for purchase and sale, construction costing methodologies, civil design, and municipal mapping.
  • High level of literacy and adept in financial mathematics.
  • Strong computer skills with a high degree of proficiency in Microsoft Office (Outlook/Word/Excel).
Job Type: Full Time

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