AVP, Acquisitions and Development

The role

This leader will identify, evaluate, and advance opportunities for new communities, acquisitions, campus expansions, redevelopment initiatives, and strategic partnerships. They will combine market intelligence and transaction management with collaboration across real estate underwriting, development planning, and capital markets execution.

What you will do

• Builds and manages the acquisition and development pipeline.
• Conducts demographic, competitive, pricing, and comparable market analyses.
• Coordinates financial underwriting, pro forma cash flows, and valuation analyses.
• Coordinates comprehensive due diligence across multiple workstreams.
• Coordinates development feasibility for new communities and expansions.
• Collaborates in the development and evaluation of full capital-stack strategies.
• Co-manages relationships with equity partners, lenders, and advisors.
• Supports negotiation of financing, purchase, development, and joint venture documents.
• Coordinates internal approvals and transaction execution from letter of intent through closing.
• Creates investment memoranda and presentations for executive leadership and Board of Directors.

Required qualifications

• Bachelor's degree in finance, real estate, business, accounting or a related field.
• Minimum of 10 to 15 years of progressively responsible experience in real estate acquisitions, development, investment, capital markets, commercial lending, underwriting or a related discipline.
• Demonstrated experience leading complex real estate underwriting, due diligence, financing and transaction execution.
• Advanced financial modeling skills, including development pro formas, valuation, debt sizing, sensitivity analysis and investment return metrics.
• Strong understanding of real estate capital markets, financing structures and transaction documentation.
• Ability to synthesize market, operational and financial information into clear recommendations for senior executives and governing boards.
• Excellent written, verbal, presentation, negotiation, project management and relationship-management skills.
• Advanced proficiency in Microsoft Excel and PowerPoint.
• Ability to learn and use real estate and business-intelligence tools.
• Ability to manage multiple high-priority initiatives, exercise sound judgment and maintain confidentiality.

Nice to have

• Master’s degree in business administration, finance or real estate.
• CFA designation or another relevant professional credential.
• Experience with senior living, Life Plan Communities, health care, hospitality or other operationally intensive real estate.
• Experience with large-scale development, campus expansion, acquisitions, joint ventures and taxable or tax-exempt financing.

Benefits

• Paid time off (PTO) program including vacation days/personal days, sick days, and holidays.
• 401(k) program with per pay-period employer match and annual employer contribution.
• Subsidized parking (or public transportation for certain locations).
• Wellness Spending Account: up to $300 available annually.
• Medical, dental, and vision plans.
• Paid Parental Leave.
• Adoption Assistance Reimbursement.
• Tuition reimbursement for continuing education.
• Extended illness benefits.
• Employee wellness programs.
• Short- and long-term disability insurance.
• Life insurance.

Before you apply

• Candidates must reside within the Chicagoland area.

About the company

Mather is a non-denominational, not-for-profit organization founded in 1941. Based in Evanston, Illinois, it creates programs, places, and residences for older adults.