Acquisitions Associate

ABOUT IVY CAPITAL

Ivy Capital is a privately held real estate investment firm focused on value-add student housing and multifamily acquisitions across the Southeast. We currently manage $110M+ in assets across seven properties, 1,500 beds, and four states. Our goal is to close on $100M+ in new deal volume in 2026, primarily in secondary and tertiary markets where institutional capital is largely absent.

Ivy Capital's culture is defined by an entrepreneurial mindset and a high bar for execution. We are a small team that moves fast, thinks independently, and owns the work end to end. We expect each other to take initiative and escalate when it matters rather than wait to be told.

Our Values

• We figure it out. No excuses, no waiting around. If there is a problem, we find the solution. We get creative, stay resourceful, and keep moving.
• We are never satisfied. We stay curious, learn from mistakes, and push each other to grow. We are never done improving.
• We see what others miss. Hidden value is everywhere. We use data, vision, and curiosity to find opportunities others overlook.
• We treat everyone like a partner. Everyone matters. We are transparent, direct, and earn trust through how we show up.
• We trust the process. Systems create scalability. Everything starts with a process and ends with predictable results.

THE ROLE

Ivy Capital is seeking an Acquisitions Associate to support the firm's deal sourcing, screening, and underwriting functions. This position is designed for a motivated, detail-oriented analyst who wants to build a serious foundation in real estate acquisitions and grow with the firm over time.

The Associate will serve as the first point of contact for new deal flow, working directly with the Head of Acquisitions to evaluate inbound opportunities, manage broker relationships, and maintain the infrastructure that keeps the acquisitions pipeline organized and moving. The Associate will be broker-facing from day one, and we expect them to develop informed, independent opinions on deals, ask questions, and bring a sense of ownership to everything they work on. The ideal candidate thinks for themselves, moves with urgency, and is not afraid to learn from mistakes in a fast-moving environment.

Beyond deal work, the Associate will play an active role in building and refining the AI-powered tools and

workflows that Ivy Capital is developing to improve the efficiency and quality of its sourcing and underwriting processes. Comfort with and enthusiasm for AI tools is a meaningful part of what we are looking for in this hire. We are building a company, not closing deals.

RESPONSIBILITIES

Deal Sourcing and Broker Relations

• Develop and maintain relationships with student housing and multifamily brokers across Ivy Capital's

target markets in the Southeast; join distribution lists, respond to offering memoranda, and represent

the firm professionally in all broker-facing communications.

• Execute targeted outreach to expand the firm's brokerage network across new and existing markets.

• Serve as a primary point of contact for inbound deal flow, ensuring all opportunities are captured,

organized, and moving through the review process.

Screening and Underwriting

• Conduct first-pass screening on new opportunities against Ivy Capital's investment criteria, including

asset type, geography, deal size, and return thresholds.

• Build and maintain Excel-based financial models covering revenue, operating expenses, capital

expenditures, debt assumptions, and investor return projections.

• Research and synthesize market data, rent comparables, enrollment trends, and competitive supply

to support investment recommendations.

• Prepare clear, concise deal summaries for review by senior team members, with a well-developed

point of view on the opportunity and its risks.

Pipeline and Systems Development

• Collaborate with the Head of Acquisitions to build the firm's deal pipeline tracking system from the

ground up, including deal intake, stage progression, broker contact management, and key metric

reporting.

• Contribute to the development and documentation of scalable acquisitions processes as the firm

grows.

• Actively use AI tools in day-to-day work and help build, test, and refine automated workflows across

deal intake, broker outreach, and financial analysis.

Accountabilities

• Pipeline coverage and hygiene. Every inbound deal is logged, screened against criteria, and moved

through stages within defined SLAs; the pipeline tracker is always current and trustworthy as the single

source of truth.

• Quality underwriting and deal POV. Produces accurate, stress-tested Excel models and concise deal

summaries with a clear, defensible point of view.

• Broker network growth. Measurably expands and maintains broker relationships across target

Southeast markets, tracked via new brokers added, OMs received, and off-market looks generated.

• AI-enabled throughput. Actively builds, tests, and adopts AI workflows that demonstrably reduce time

per deal screened or improve underwriting quality.

QUALIFICATIONS

Required

• Bachelor's degree in Finance, Real Estate, Economics, or a related field.
• 0 to 3 years of relevant experience in real estate, finance, or a related field; internship experience is considered.
• Strong Excel modeling skills, including the ability to build and stress-test acquisition models; this is the most heavily weighted technical requirement for this role.
• Foundational understanding of real estate financial concepts including cap rates, NOI, IRR, cash-on-cash returns, and basic debt structures.
• Demonstrated experience using AI tools in a professional or academic setting, with genuine interest in building AI-assisted workflows.
• Strong written and verbal communication skills; the Associate will correspond regularly with brokers and present deal summaries to senior leadership.
• High attention to detail with the ability to manage multiple active opportunities simultaneously.
• A self-directed working style with the initiative to develop independent opinions, take ownership of open items, and escalate intelligently rather than waiting to be told what to do.

Preferred

• Prior experience in real estate acquisitions, investment banking, or private equity.
• Familiarity with student housing dynamics or Southeast multifamily markets.
• Exposure to real estate data platforms such as CoStar or REIS.

COMPENSATION AND LOCATION

• Location: New York, NY, with hybrid flexibility.
• Type: Full-Time.
• Experience: 0 to 3 years.
• Compensation: $60,000 base salary with the potential for performance-based bonuses.