ABOUT LIVE OAK CAPITAL PARTNERS

Live Oak Capital Partners (www.liveoakcp.com) is a small but growing real estate investment firm. Founded in 2012, its focus is primarily on niche investment opportunities throughout the Southeastern United States. To date the firm has acquired, developed, and sold more than $165 million in commercial properties, with a concentration on development and value-add projects. Its offices are in Atlanta.

JOB DESCRIPTION

Live Oak Capital Partners is seeking a part-time development associate to provide support to senior management on all facets of the firm’s acquisition and development activities, including, but not limited to, site and acquisition identification, contract negotiation, due diligence, entitlements, design and engineering, financing, project management, asset management, and disposition activities. The assignment will be handled on a part-time, contractual basis and not as an employee. There may be an opportunity for some local and regional travel – mainly daily or overnight trips – for visit sites, to attend project meetings, and to tour markets. Applicants can expect to begin working a minimum of ten (10) hours per week, which will be anticipated to grow over time. Except for meeting with the principal(s) 1-2 times per month, the vast majority of the work can be completed virtually at home and at the individual’s availability.

EDUCATION AND EXPERIENCE

Applicants’ experience should include:
· Bachelor’s degree / strong academic performance in Real Estate, Finance, Business Administration, or a related field;
· Advanced degree or relevant certifications are a plus;
· Experience with either self-storage and/or industrial and logistics properties also a plus; and
· 4+ years of relevant real estate experience including acquisitions, development, construction, investment analysis, or a related field.

Working with the executive(s), essential duties and responsibilities include the following:
· Market Research & Analysis: Perform thorough research of select markets utilizing various databases, create proprietary market reports, discover new investment opportunities, and maintain an internal database of property sales in target markets for meetings on a bi-weekly basis.
· Site Selection & Property Acquisition: Evaluate potential development sites and acquisition opportunities, considering factors such as zoning regulations, environmental impact, accessibility, and market demand. Underwrite potential opportunities, negotiate letters of intent and contracts, and engage third party professionals to properly complete due diligence and site evaluations. Coordinate the legal and financial process from identification through closing.
· Entitlements: Where required, manage the process of rezoning or obtaining required approvals in order to develop prospective sites into the desired uses. Liaise with local government agencies and community stakeholders as needed.
· Due Diligence: Oversee the due diligence and closing processes for acquisitions and dispositions. Evaluate acquisition and development opportunities to include market and competitor analysis, entitlements and other government regulations, site access, visibility and potential configuration, oversee environmental and geotechnical engineering research and testing, plus survey and title research. Review all due diligence materials (leases, operating statements, title, survey, environmental and geotechnical studies, etc.) and present findings to senior management.
· Design & Predevelopment Activities: Engage design professionals and coordinate architectural, civil engineering, and interior design, solicit and collect construction pricing, establish and maintain pursuit budgets and development pro forma.
· Financial Analysis, Risk Assessment & Presentation Materials: Underwrite potential acquisition and development opportunities to include cash flow modeling, property valuations, investment analyses, and joint venture structuring. Identify potential risks and challenges associated with investment opportunities. Develop mitigation strategies to minimize risks and ensure project success. Prepare accurate and thorough work product to assist in the investment review process. Assist in the preparation of presentation materials and financing books for equity investors and lenders.
· Project Management: Coordinate and facilitate the necessary permits, licenses, and approvals required for renovations, expansions, and ground-up development projects. Collaborate with cross-functional teams, including architects, engineers, contractors, and legal professionals, to ensure seamless project execution. Manage project schedules, budgets, and deliverables. Maintain accurate project documentation, including financial models, project updates, and relevant legal and regulatory documents. Generate regular progress reports for senior management.
· Asset Management: Support asset management functions, including regular interaction with senior management, equity partners, lenders, property management, leasing, and accounting teams. Conduct ongoing analyses to support decision making related to the business plan of the investment (leasing, capital projects, financing, etc.). Update valuations of existing assets quarterly to track investment performance.