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Barings: Managing Director, Real Estate Acquisitions

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About the job


At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.


We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.


Title: Managing Director, Real Estate Acquisitions


Business Unit: US Real Estate Equity


Location: Dallas, TX / Austin, TX / El Segundo, CA / Chicago, IL / Charlotte, NC / New York, NY or Boston, MA


Barings is a leading global financial services firm dedicated to meeting the evolving investment and capital needs of our clients and customers. Through active asset management and direct origination, we provide innovative solutions and access to differentiated opportunities across public and private capital markets. A subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe and Asia Pacific.


Typical Responsibilities

  • Originate, underwrite, negotiate and close real estate equity investments in the Central (notably Texas and Nashville) and Western U.S., including development opportunities and existing assets within the commercial office, retail, industrial and multi-family sectors.

  • Source and identify new joint venture partners who meet the Company’s criteria, and create relationships which will provide a consistent pipeline of suitable investment opportunities.

  • Source and identify direct investment opportunities which meet a variety of return parameters from core through opportunistic.

  • Present and defend investments to the Investment Committee

  • Work with legal counsel to negotiate purchase agreements, partnership agreements and related legal documentation

  • Oversee and coordinate the underwriting and due diligence of each transaction including financial modeling; market surveys; tenant credit analysis; broker interviews; interacting with property management personnel, tenants, and local government officials; and ordering, coordinating, and analyzing third-party reports.

  • Provide Company management with information regarding current market conditions, including supply, demand and competitor activity.

  • Collaborate with other members of the investment team to achieve overall regional objectives.

  • Train and develop investment analysts and associates.

Knowledge Requirements

  • 10 - 15 years of commercial real estate investment experience, including ten years minimum experience in acquisitions.

  • Bachelor’s degree required, with Business or Finance preferred.

  • MBA is strongly preferred.

  • Experience with a variety of real estate asset types.

  • Preferably has specific real estate investment experience with property located in the Western U.S.

  • Experience identifying, developing, and structuring joint venture partnerships.

  • Strong network of contacts among owners, developers, brokers, financiers, and others active in Western U.S. real estate markets.

Competencies

  • Effective negotiator with demonstrated ability to achieve consensus.

  • Sophisticated financial skills and capital markets perspective with ability to structure investments to achieve Company’s investment requirements.

  • Exceptional quantitative underwriting skills.

  • Ability to interact with members of senior management, executives and line staff in a positive and collegial manner.

  • Ability to influence others and win support on critical issues.

  • Must have strong client service focus.

  • Must possess a high standard of professionalism and integrity.

  • Ability to prioritize, multi-task and meet tight timelines.

  • Ability to make key recommendations and decisions.

  • Willingness and ability to travel.

  • Exceptional interpersonal, verbal and written communication skills.

Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.


Core Benefits & Wellness


Barings offers a comprehensive benefits package including:

  • Medical (including Virtual Care), Prescription, Dental, and Vision Coverage

  • Fitness Center Reimbursement Program (Including Online Memberships)

  • Employee Assistance Program (EAP)

  • Fertility Benefits

FINANCIAL WELL-BEING

  • 401(k) Plan w/Company Match

  • Pension Plan

  • Health Savings Account (HSA) with Company Contributions

  • Flexible Spending Accounts (FSA) - Health Care & Dependent Care

  • Retirement Health Reimbursement Account

LIFE INSURANCE

  • Basic and Supplemental Life Insurance

  • Spouse and Child Life Insurance

TIME OFF, DISABILITY AND LEAVE OF ABSENCE

  • Paid Vacation, Sick Days and Annual Holidays

  • Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)

  • Short and Long Term Disability Plans

  • Paid Volunteer Time

Other Benefits

  • Education Assistance Program

  • Charitable Matching Gifts Program

  • Commuter Reimbursement Program

  • Adoption and Surrogacy Reimbursement Program

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