Senior Acquisitions Associate
Build to Rent
Posted on 2/1/2024
Homebound

201-500 employees

Tech-powered homebuilder offering customizable designs and financing
Company Overview
Homebound is a tech-powered homebuilder that offers a unique, customer-centric approach to homebuilding, allowing clients to customize their homes and choose their preferred neighborhoods in California, Texas, Colorado, and Florida. The company's competitive advantage lies in its seamless process, from reservation to move-in, facilitated by a dedicated customer experience team that provides detailed updates on build progress. Furthermore, Homebound's industry leadership is demonstrated by its partnerships with top lending partners, ensuring clients have access to excellent financing options.
Real Estate
B2C

Company Stage

Series C

Total Funding

$148M

Founded

2018

Headquarters

San Francisco, California

Growth & Insights
Headcount

6 month growth

-4%

1 year growth

-13%

2 year growth

30%
Locations
Dallas, TX, USA
Experience Level
Entry
Junior
Mid
Senior
Expert
Desired Skills
Communications
Mergers & Acquisitions (M&A)
CategoriesNew
Finance & Banking
Requirements
  • 5+ years of Single Family Rental and/or Build to Rent sourcing & acquisitions experience
  • Excellent verbal and written communication skills
  • BA in Finance or related field or relevant work experience
Responsibilities
  • Deal Sourcing - Identify potential deal sourcing partners (brokers, developers etc), conduct research and reach out to begin building a relationship for Homebound
  • Partner Sourcing - Identify potential capital allocators (REITs, asset managers etc), conduct research and support business development efforts
  • Underwriting - Analyze scattered lots and larger land opportunities, to determine if they are suitable investment opportunities and provide underwriting of these properties from start to finish
  • Connect with developers to understand site development and horizontal construction budget
  • Work cross-functionally with procurement, architecture & design, growth to ensure alignment on pro forma
  • High level research various aspects of potential investments such as rental comps, property taxes, insurance, HOA fees, school districts and average household income
  • Pipeline Maintenance and Reporting - Maintain Homebound’s BTR pipeline and generate reports for weekly meetings with the Executive Team
Desired Qualifications
  • TX based preferred
  • Enjoy working in team settings and excited about working cross-functionally
  • Scrappy, resourceful, and excited to work independently
  • Strong attention to detail
  • Self-motivated, intellectually curious, and a rapid learner
  • Demonstrates logical and systematic thinking skills
  • Have strong listening skills with ability to collect and verify detailed information
  • Be comfortable learning new software and systems
  • Thrive in working with ambiguity as we are constantly launching new markets & products and being able to synthesize multiple data sets/inputs towards a recommendation