Sample Job Description for Vice President of Property Acquisitions
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Vice President of Property Acquisitions Job Overview
Vice President of Property Acquisitions Job Description Sample
Plans and directs an organization's real estate acquisition activities.
JOB LEVEL
M06
EDUCATION/DEGREE
JD, MD, PhD or Equivalent
REPORTS TO
Top Management
Salary Range
BASE 50%
$265,990
TOTAL 50%
$349,290
Job Responsibilities for Vice President of Property Acquisitions
Oversees the research, evaluation, and selection of properties for acquisition and makes decisions to align the real estate portfolio with the organization's goals, needs, and acceptable risk levels. Designs strategies to obtain new property investment opportunities.
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| 4 | Real Estate Portfolio Property Manager | The Real Estate Portfolio Property Manager directs the buying, selling, and leasing of properties in the portfolio. Maintains a portfolio of properties. Being a Real Estate Portfolio Property Manager evaluates records for accuracy, completeness, and compliance with policies. Provides information on operating costs as well as the annual budget for the properties. In addition, Real Estate Portfolio Property Manager may manage commercial, industrial, or residential properties. Requires a bachelor's degree. Typically reports to top management. The Real Estate Portfolio Property Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. Working as a Real Estate Portfolio Property Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. |
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Vice President of Property Acquisitions Skills & Proficiency Level
| Skills | Proficiency Level |
|---|---|
| Business Acumen | Level 4 |
| Budgeting | Level 4 |
| Goal Setting | Level 5 |