Real Estate Originator
GoodHomes Communities is a vertically integrated, private real estate investment company dedicated to transforming well-located, underperforming hospitality and senior housing assets into vibrant, essential housing for America’s workforce.
Through adaptive reuse, GoodHomes leverages existing buildings and infrastructure to create beautiful, modern apartment communities at a fraction of the cost of ground-up development. This innovative approach allows GoodHomes to provide housing at attainable rents for Americans earning 80%–120% of Area Median Income (AMI), addressing a critical gap in the housing market.
We are seeking a driven and motivated Real Estate Originator to focus on sourcing new acquisition opportunities. This role is commission-based, with significant earning potential for high performers.
Key Responsibilities
- Originate new deals by identifying underperforming hotels and senior housing assets suitable for conversion into multifamily housing.
- Evaluate potential deals, identifying opportunities that align with GoodHomes’ mission and investment criteria.
- Support underwriting efforts for new investment opportunities, including financial modeling, market research, and due diligence work.
- Develop and maintain strong relationships with key stakeholders, including brokers, property owners, sellers, and other sources of acquisition opportunities.
- Conduct proactive outreach, including cold-calling and networking, to build a robust pipeline of acquisition leads.
- Stay informed about market trends, property performance, and competitive activity to uncover new opportunities.
- Drive deal execution by maintaining consistent follow-up and ensuring a seamless transition from lead generation to closing.
Key Attributes / Experience
- 1-2 years of experience in real estate acquisitions, investment sales, or a similar role with a focus on sourcing deals.
- Strong relationship-building skills, with an established network of brokers, sellers, and property owners in the hospitality or senior housing sectors.
- High energy and motivation, with a hustler’s mentality and a results-driven approach to sourcing deals.
- Excellent verbal and written communication skills, with a persuasive and professional demeanor.
- Entrepreneurial mindset with the ability to work independently and take initiative.
- Strong analytical skills, with an understanding of financial metrics and deal structuring.
- Familiarity with CoStar is a plus.
Location
This position is based in New York City, but offers flexibility and can be partially remote.
Compensation
This is a commission-based position, offering significant earning potential tied to successful transaction origination and execution.