VP Real Estate Investments Apply locations: Boston, MA time type: Full time posted on: Posted Yesterday job requisition id: 2097107 Job Description: The Role The VP, Real Estate Investments will partner with the Real Estate Investment Officer and the Head of Direct Real Estate to execute on a plan to acquire commercial real estate in the US on behalf of various FMR fund vehicles. This will include sourcing the opportunity, managing the underwriting, negotiating with the seller, presenting the opportunity to investment committee, running the due diligence process, closing the transaction, leading the property-level financing process, and assuming asset management responsibilities for initial acquisitions. The Expertise and Skills You Bring
- Bachelor's degree required, MBA preferred
- Minimum of 10 years work experience in commercial real estate required; majority within investment roles
- Strong professional relationships throughout the US real estate industry
- Recent relevant investment experience in US commercial real estate across various asset classes; Asset Management experience a plus
- Strong writing and presentation abilities
- Ability to evaluate real estate and real estate markets
- Management and leadership skills necessary to implement a new product/strategy within Fidelity
- Critical thinker that can analyze an opportunity and make a quick decision
- Collaborative, results driven leader Primary Responsibilities
- Source real estate investment opportunities that meet portfolio criteria (asset class and risk/return) across target markets through existing network or broker relationships
- Review and underwrite proposed opportunities
- Negotiate and structure real estate acquisitions and property level financing
- Prepare analysis of opportunity and materials for investment committee approval, present opportunities to committee for approval
- Review and approve legal, operational, environmental, engineering and appraisal reports created as part of the due diligence process
- Assume asset management responsibilities for initial acquisitions and partner with the broader Real Estate to build an in-house asset management team.
- Contribute valuable knowledge of US real estate markets
- Build and maintain appropriate pipeline of opportunities
- Manage and develop investment analysts and associates The Team Fidelity Investments has established a team in Boston, Massachusetts to develop, launch, and manage direct real estate products for Fidelity's customers. Certifications: Category: Private Equity Fidelity's hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office. About Us At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want! We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com. Fidelity Investments is an equal opportunity employer. Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation please contact the following: For roles based in the US: Contact the HR Leave of Absence/Accommodation Team by sending an email to ...@fmr.com, or by calling 800-###-####, prompt 2, option 2 For roles based in Ireland: Contact ...@fmr.com For roles based in Germany: Contact ...@fmr.com #J-18808-Ljbffr