Career Opportunities

• Acquisition Director - Northern California

  ACQUISITION DIRECTOR – NORTHERN CALIFORNIA

  COMPANY

  BH Properties is a privately held commercial real estate investment firm focused on value-add acquisitions in office, industrial, retail, and multi-family properties throughout the Western United States along with investments in distressed debt, ground leases and affordable housing.  The Company is vertically integrated, with offices in Los Angeles, Riverside, Phoenix, Dallas, Houston, and Seattle and is able to acquire and close transactions, in most cases, in as little as ten days.  Founded thirty (30) years ago and operating with no outside capital partners allows us advantages in moving quickly and creatively in structuring acquisitions to satisfy seller needs.  Today, the Company owns and operates approximately 10M square feet across 18 states.

   

  POSITION

  The Acquisition Director is an integral and highly visible role responsible for identifying value-add opportunities in multiple markets. Our ideal candidate possesses acquisition experience across value-add, opportunistic and distressed real estate investing strategies, with a demonstrated track record of achievement. Familiarity with ground lease and sale-lease back transactions is a plus. The successful candidate will be a self-starter, comfortable working in a regional office with minimal day to day oversight. The Company’s long-term vision anticipates adding additional resource and building out required infrastructure.

   

  LOCATION

   

  The Company will consider alternative locations in Northern California.

   

  COMPENSATION

  $135,000-$190,000

  We offer a generous and comprehensive compensation & benefits package, along with the opportunity for professional growth and development within a well-capitalized, entrepreneurial, and growing real estate investment group.

   

  RESPONSIBILITIES

  The Acquisition Director will be a key member of the company’s overall acquisition and investment processes identifying potential investment opportunities in targeted markets of Northern California. In addition, this role is responsible for problem solving, underwriting, performing due diligence, and completing acquisition documentation.

  Primary responsibilities include, but are not limited to:

  • Sourcing new opportunities
  • Identifying and covering target markets throughout Northern California
  • Oversee the full acquisition process, including managing due diligence, reviewing third party reports, and working with legal and finance teams to facilitate closings
  • Establishing regular communication lines with the Company’s home office in Los Angeles
  • Preparing market analysis, underwriting and deal summaries for opportunities presented to the investment committee

  • Developing relationships within the brokerage, developer, and lender communities in target markets to facilitate opportunities
  • Attending selected conferences and industry events

   

  QUALIFICATIONS

  • 5 – 10 years of real estate acquisition and underwriting experience across all product types, with a focus on office and retail properties
  • Established relationships within the investment sales and brokerage community
  • Undergraduate degree in real estate, business, finance, economics, or accounting preferred; advanced degree is a plus
  • Strong quantitative and analytical skills, with the ability to quickly assess deal viability
  • Outstanding verbal and written communication skills
  • Adept at developing effective working relationships with others in a team-oriented, collaborative, and deadline driven environment
  • Trust and integrity are integral characteristics to enable a successful outcome
  • A “Team Player” mentality, with a passion for brainstorming, problem solving, and independent thinking
  • Some travel required
• Controller - Los Angeles, CA

  CONTROLLER

   

  A privately held commercial real estate investment firm focused on the value-add acquisition of office, industrial, retail, and multi-family properties throughout the Western United States is seeking an exceptional Controller to join our team in the Los Angeles office.

   

  COMPENSATION

  $150,000-$200,000

  We offer an excellent compensation package, an exciting opportunity, and the chance to grow and develop with a well-capitalized entrepreneurial investment group.  For immediate consideration please submit resume with salary expectations. Resumes submitted with salary requirements will be considered first.

   

  REPORTING RESPONSIBIILITY

  The Controller will report to the Senior Managing Director.

   

  RESPONSIBILITIES

   

  • Responsibility for oversight of the Accounting staff, including direct supervision of the AP Manager, AR Manager and GL Manager.
  • Oversight of the monthly close of books, and overall responsibility for financial statement preparation.
  • Oversight of the annual CAM reconciliation process and approval of final CAM recs.
  • Responsible for the training of Accounting staff.
  • Coordination and responses to both internal and external audits.
  • Responsible for the maintenance and revisions of Accounting policies and procedures.
  • Provide assistance to our 3rd party tax preparer, and maintaining a schedule of tax return deadlines.
  • Perform administrative functions related to Yardi
  • Assist with the coordination of responses for information from our insurance broker and property tax consultant.
  • Initiate approved wire transfers for acquisitions and other purposes.

   

  QUALIFICATIONS

  • Business degree required (Accounting major preferred)
  • CPA license
  • Public accounting experience a plus
  • At least 10 years of accounting experience required
  • At least 2 years of broad-based accounting for real estate experience
  • At least 2-5 years active supervisory experience required
  • Excellent verbal and written communication skills
  • Solid organizational skills, including the ability to prioritize and multi-task
  • Working knowledge of Microsoft Office Suite, including Word, Excel, and Outlook
  • Ability to multi-task and work in a fast-paced environment
  • Must possess strong work ethic
  • Must be a team player
  • Yardi experience preferred

  COMPANY

  BH Properties is a privately held commercial real estate investment firm focused on value-add acquisitions in office, industrial, retail, and multi-family properties throughout the Western United States along with investments in distressed debt, ground leases and affordable housing.  The Company is vertically integrated, with offices in Los Angeles, Riverside, Phoenix, Dallas, Houston, and Seattle and is able to acquire and close transactions, in most cases, in as little as ten days.  Founded thirty (30) years ago and operating with no outside capital partners allows us advantages in moving quickly and creatively in structuring acquisitions to satisfy seller needs.  Today, the Company owns and operates approximately 10M square feet across 18 states.

   

• Director of Land Entitlement - Los Angeles, CA, Phoenix, AZ

  DIRECTOR – LAND ENTITLEMENT

  COMPANY

  BH Properties is a privately held commercial real estate investment firm focused on value-add acquisitions in office, industrial, retail, and multi-family properties throughout the Western United States along with investments in distressed debt, ground leases and affordable housing.  The Company is vertically integrated, with offices in Los Angeles, Riverside, Phoenix, Dallas, Houston, and Seattle and is able to acquire and close transactions, in most cases, in as little as ten days.  Founded thirty (30) years ago and operating with no outside capital partners allows us advantages in moving quickly and creatively in structuring acquisitions to satisfy seller needs.  Today, the Company owns and operates approximately 10M square feet across 18 states.

   

  POSITION

  Initially reporting to the executive team, the Director of Land Entitlement is an integral and highly visible role responsible for leading the Company’s efforts managing multiple commercial real estate entitlement projects in various markets. Our ideal candidate has a demonstrated track record in processing and achieving entitlements underlying industrial, multi-family and retail on Company owned land. The successful candidate will be a self-starter, comfortable working in a collegial, team environment with minimal day to day oversight. The Company’s long-term vision anticipates adding additional resource and building out required infrastructure.

   

  COMPENSATION

  $150,000-$200,000

  We offer a generous and comprehensive compensation & benefits package, along with the opportunity for professional growth and development within a well-capitalized, entrepreneurial, and growing real estate investment group. For immediate consideration please submit resume with salary expectations. Resumes submitted with salary requirements will be considered first.

   

  LOCATION

  The Company prefers candidates in greater Los Angeles but will consider Phoenix as alternative location.

   

  RESPONSIBILITIES

  The Director of Land Entitlement will be a key member of the company’s overall growth strategy in target markets of California, Arizona and Texas.

  Primary responsibilities include, but are not limited to:

  • Manage multiple commercial real estate entitlement projects
  • Gain entitlements and permits for potential development projects through governmental agencies, formulate strategies, and direct internal and external development teams as needed
  • Perform all predevelopment activities including feasibility, design, layout, and entitlement, permitting and due diligence. With senior management and consultant team determine optimal entitlement strategy
  • Work with senior management on the final development agreements and any easement agreements that need to be obtained
  • Execute and fine tune business plan (process entitlements and position for joint venture or sale).
  • Develop and refine plans, designs, cost estimates, permitting and project timelines during the pre-entitlement period
  • Update and track all proforma/budget changes throughout the entitlement period
  • Develop relationships with civic and community groups and government agencies conducive to supporting, or processing new opportunities
  • Preparing market analysis, underwriting and deal summaries for strategies being pursued
  • Attend select conferences and industry events

  QUALIFICATIONS

  • 5 – 10 years of related experience
  • Undergraduate degree in real estate, business, finance, or engineering; advanced degree is a plus
  • Specific experience with California Environmental Quality Act (CEQA)
  • Strong quantitative and analytical skills
  • Outstanding verbal and written communication skills
  • Adept at developing effective working relationships with others in a team-oriented, collaborative, and deadline driven environment
  • Trust and integrity are integral characteristics to enable a successful outcome
  • A “Team Player” mentality, with a passion for brainstorming, problem solving, and independent thinking
  • Some travel required

   

• Head of Affordable Housing Acquisitions - Los Angeles, CA, Phoenix, AZ, Dallas, TX

  AFFORDABLE HOUSING ACQUISITIONS

  COMPANY

  BH Properties is a privately held commercial real estate investment firm focused on value-add acquisitions in office, industrial, retail, and multi-family properties throughout the Western United States along with investments in distressed debt, ground leases and affordable housing.  The Company is vertically integrated, with offices in Los Angeles, Riverside, Phoenix, Dallas, Houston, and Seattle and is able to acquire and close transactions, in most cases, in as little as ten days.  Founded thirty (30) years ago and operating with no outside capital partners allows us advantages in moving quickly and creatively in structuring acquisitions to satisfy seller needs.  Today, the Company owns and operates approximately 10M square feet across 18 states.

   

  POSITION

  Initially reporting to the President & CEO and working in partnership with the Head of Strategic Investments, the Head of Affordable Housing Acquisitions will be responsible for strategy, originating, underwriting, and closing Affordable Housing transactions in multiple markets with an initial focus on age restricted opportunities.  The successful candidate will have extensive acquisition experience and a deep understanding of the regulatory agreements encumbering affordable housing properties and the nuances that create a compelling acquisition.  The Company anticipates a focus on existing properties or portfolios in lieu of ground up developments.

   

  COMPENSATION

  $125,000-$200,000

  We offer an excellent compensation package, and an exciting opportunity, to grow and develop with a well-capitalized entrepreneurial real estate investment group. For immediate consideration please submit resume with salary expectations. Resumes submitted with salary requirements will be considered first.

   

  LOCATION

  Preferred location in either Los Angeles, Phoenix, or Dallas.

   

  RESPONSIBILITIES

  Focused on affordable housing, the candidate will be a key member of the Company’s acquisition team working in partnership with other acquisition professionals in a collaborative, team-oriented environment.

  In addition:

  • Participate in establishing a 5-year operating plan to scale the opportunity
  • Build-out the necessary infrastructure to support the strategy
  • Oversee the acquisition process, including sourcing, managing due diligence, reviewing third party reports, and working with legal and finance teams to facilitate closings
  • Prepare market analysis, underwriting and deal summaries for opportunities being recommended
  • Develop relationships within the brokerage, developer, and lender communities in target markets to facilitate opportunities
  • Attend selected conferences

   

  QUALIFICATIONS

  • 5-10 years of real estate acquisition and underwriting experience
  • Knowledge of the federal affordable housing programs (LIHTC & HAP) along with other legacy programs
  • Understanding of the various tax and financing alternative programs
  • Established relationships with regional third-party management companies
  • Established relationships within the investment sale broker community
  • College degree in real estate, business, finance, or accountin
  • Advanced degree a plus
  • Knowledge of market rate multi-family acquisitions a plus
  • Strong quantitative and analytical abilities; ability to quickly assess deal viability
  • Outstanding analytical, verbal, and written communication skills
  • Ability to communicate and develop effective working relationships with others in a team oriented, collaborative and deadline driven environment
  • Team player who loves to brainstorm, problem solve and who can think independently
  • Travel required
• Human Resources and Talent Acquisitions Manager - Los Angeles, CA

  HUMAN RESOURCES & TALENT ACQUISITIONS MANAGER

  COMPANY

  BH Properties is a privately held commercial real estate investment firm focused on value-add acquisitions in office, industrial, retail, and multi-family properties throughout the Western United States along with investments in distressed debt, ground leases and affordable housing.  The Company is vertically integrated, with offices in Los Angeles, Riverside, Phoenix, Dallas, Houston, and Seattle and is able to acquire and close transactions, in most cases, in as little as ten days.  Founded thirty (30) years ago and operating with no outside capital partners allows us advantages in moving quickly and creatively in structuring acquisitions to satisfy seller needs.  Today, the Company owns and operates approximately 10M square feet across 18 states.

   

  POSITION

  The Human Resources & Talent Acquisitions Manager is an integral and highly visible role within the Company, working in partnership with Senior Management across all divisions of the Company focused on implementation and management of best practices and policies, recruiting, and engaging regional offices. 

  COMPENSATION

  $100,000-$140,000

  We offer a generous and comprehensive compensation & benefits package, along with the opportunity for professional growth and development within a well-capitalized, entrepreneurial, and growing investment group. For immediate consideration please submit a resume with salary expectations. Resumes submitted with salary requirements will be considered first. 

   

  RESPONSIBILITIES

  The daily responsibilities of the Human Resources & Talent Acquisitions Manager include, but not limited to: 

   

  • Leading company-wide, full-cycle recruitment activities including drafting, posting and managing job postings across multiple platforms, screening resume submissions, interviewing candidates, coordinating office visit interviews, checking references, coordinating the selection process, negotiating offers of employment, and coordinating with outside recruiters, where applicable 
  • Identifying, recommending, and implementing company-wide employee retention strategies to senior management 
  • Managing work from home tools to improve employee productivity, collaboration, and engagement across the organization 

  • Conducting onboarding activities including new employee orientation, coordination of new hire paperwork, ordering of supplies, and overseeing access to company platforms and resources 
  • Promoting employee training, facilitating professional development, administering recognition programs, semi-annual performance review, and performance management processes 
  • Monitoring completion of time reports, tracking and calculating PTO, and preparing semi-monthly payroll via Paychex 
  • Leading compensation adjustment recommendations to senior management, coordinating bonus calculations, supporting documentation, and initiating payouts 

  • Maintaining all personnel, benefits and training files, in accordance with compliance and HR/legal best practices and in accordance with the Employee Handbook 
  • Assisting with benefits administration including the 401k plan, worker’s compensation, group health insurance and COBRA insurance 
  • Processing terminations, revoking systems access, and conducting exit interviews 
  • Leading/co-leading company events, meetings, and leadership retreats 

  QUALIFICATIONS

  • HR or related degree required 
  • 5-7 years of demonstrated HR experience 

  • Experience with employee productivity tools preferred 
  • Prior recruitment experience with a staffing agency preferred 
  • Payroll processing experience preferred 
  • Solid organizational skills, including the ability to prioritize and multi-task 
  • Strong computer skills, with advanced knowledge of Microsoft Office Suite, including Word, Excel, PowerPoint, Teams, and Outlook 

  • Ability to communicate effectively and professionally with all levels of the organization, and externally with applicants and outside parties 
  • Ability to work independently and with minimum supervision 
  • Ability to work in a fast-paced environment 
  • Must possess strong work ethic 
  • Must be a team player 

  • Experience working with a PEO and 401K administrator a plus 

   

• In-House Real Estate Counsel - Los Angeles, CA

  IN-HOUSE REAL ESTATE COUNSEL

  COMPANY

  BH Properties is a privately held commercial real estate investment firm focused on value-add acquisitions in office, industrial, retail, and multi-family properties throughout the Western United States, along with investments in distressed debt and ground leases.  The Company is vertically integrated, with offices in Los Angeles, Riverside, Phoenix, Dallas, and Houston, and is able to acquire and close transactions without the need for lengthy due diligence periods.  Our 30-year track-record and balance sheet allow us to move quickly and creatively, structuring acquisitions to satisfy seller needs in a highly competitive market.  Today, the Company owns and operates approximately 10M square feet across 18 states.

  POSITION

  In-house Counsel will have dual reporting responsibility to the Chairman and President along with coordinating communication with other senior department heads. This role will be highly visible and integral to the management of the Company along with having existing relationships to help further advance the Company’s growth plans.

  In this role, you will help to further advance strategic goals, address headwinds and challenges confronted by the business, and preserve the legal and ethical integrity of the company. Constantly immersed in critical, high-level operations, you will collaborate across the Company to solve challenging problems and support our growth and progress around the western U.S., focusing on providing thorough business and legal advice to foster sound decision-making within the company.

   

  COMPENSATION

  $225,000-$300,000

  We offer an excellent compensation package, an exciting opportunity, and the chance to grow and develop with a well-capitalized entrepreneurial real estate investment group. For immediate consideration please submit resume with salary expectations. Resumes submitted with salary requirements will be considered first.

   

  LOCATION

  The Company prefers candidates in greater Los Angeles.

   

  RESPONSIBILITIES

  • Participate and collaborate with Acquisition Officers and Asset Management teams on all significant transactions
  • Draft and negotiate Purchase and Sale Agreements for traditional fee acquisitions, distressed debt, and bankruptcy transactions
  • Draft and negotiate leases (primarily complex leases and other large space users), letters of intent, subleases, amendments, assignments, temporary license agreements, and other related leasing documents.

  • Provides legal assistance and direction to the Company regarding the legal aspects of all ongoing strategic acquisitions, financing, and leasing matters.
  • Act as counsel to the company in all matters with respect to the legal services being provided requiring legal review and assistance, and provides liaison with outside counsel when appropriate
  • Candidate will manage the contract approval process and interact with governmental agencies and lenders as required

  OTHER JOB RESPONSIBILITIES

  • Maintain and distribute legal documents (letters of intent; leases; memoranda of lease; estoppel certificates; subordination, attornment and non- disturbance agreements, and lease amendment formats) and templates for repetitive use by Asset Management and Property Managements department, including added and alternate provisions.
  • Develop and create “Policies and Procedures” for the production and handling of real estate legal documents and information derived from the documents of the Real Estate Department.
  • Other special projects or assignments as required.

  QUALIFICATIONS

  • Law degree and admitted in good standing with a state bar, preferably California
  • Maintain the requirements for bar license by attending necessary continuing legal education courses, with a study emphasis in real estate, construction, financing, business, and corporate law.
  • 5-7 years legal experience at a respected law firm in the commercial real estate department or in-house at a real estate company focused on acquisitions, leasing and compliance advising and counseling the Company in all areas of legal risk
  • Experience with Bankruptcy, Re-Structuring, DIP and Stalking Horse financing and Sale Leaseback transactions
  • Outstanding communication skills, including written, verbal, and interpersonal skills
  • Comfortable working in a fast-paced, high activity environment, and able to handle ambiguity, juggle many matters at once and quickly shift from one situation or task to another
  • Ability to effectively collaborate cross-functionally across teams with a positive attitude that no job is too big or too small
  • Ability to work independently and with minimum supervision
  • Proven experience managing and leading teams in growth environments
  • Demonstrated ability to maintain confidentiality
  • Proficient in Microsoft Word, with a basic knowledge of Microsoft Excel and Outlook.

   

• Managing Director, Acquisitions - Bankruptcy & Restructuring - Los Angeles, CA, Phoenix, AZ, Dallas, TX

  BANKRUPTCY & RESTRUCTURING

  COMPANY

  BH Properties is a privately held commercial real estate investment firm focused on value-add acquisitions in office, industrial, retail, and multi-family properties throughout the Western United States along with investments in distressed debt, ground leases and affordable housing.  The Company is vertically integrated, with offices in Los Angeles, Riverside, Phoenix, Dallas, and Houston and is able to acquire and close transactions, in most cases, in as little as ten days.  Founded thirty (30) years ago and operating with no outside capital partners allows quick and creative solutions in structuring acquisitions to satisfy seller needs.  Today, the Company owns and operates approximately 10M square feet across 18 states.

   

  POSITION

   

  Initially reporting to the President & CEO and working in partnership with the Head of Strategic Investments, the Managing Director, Acquisitions – Bankruptcy & Restructuring will be responsible for sourcing and originating loans and acquisitions of assets in Bankruptcy or Receivership along with workouts and strategies pre and post close by working in partnership with all parties involved in the commercial real estate foreclosure and bankruptcy processes, including, but not limited to: Attorneys, Special Servicers and Receivers.  This role requires higher levels of proficiency due to the complexity (analytical, technical, and business knowledge components) and inherent challenges.

   

  COMPENSATION

  $150,000-$300,000

  We offer an excellent compensation package, and an exciting opportunity, to grow and develop with a well-capitalized entrepreneurial real estate investment group. For immediate consideration please submit resume with salary expectations. Resumes submitted with salary requirements will be considered first.

   

  LOCATION

   

  Preferred location in either Los Angeles, Phoenix, or Dallas.

   

  RESPONSIBILITIES

   

  Focused on bankruptcy and bankruptcy-related opportunities, the Managing Director, Acquisitions – Bankruptcy & Restructuring will be a key member of the Company’s acquisition team working in partnership with other acquisition professionals in a collaborative, team-oriented environment.

   

  In addition:

  • Sourcing and/or evaluating prospective acquisition opportunities in accordance with Company criteria with a primary focus on debt or debt instruments
  • Build the necessary infrastructure to support the strategy
  • Oversee the acquisition process, including sourcing, managing due diligence, reviewing third party reports, and working with legal and finance teams to facilitate closings and workouts where necessary
  • Prepare market analysis, underwriting, and deal summaries for opportunities being recommended
  • Develop relationships within the foreclosure, bankruptcy, title, and lender communities to facilitate opportunities
  • Attend selected conferences

   

   

  QUALIFICATIONS

  • Thorough knowledge of loan servicing, foreclosure, bankruptcy, REO, legal and title.
  • Familiar with specific organizations / events / data / publications catering to the debt restructuring community
  • Strong time-management skills, including the ability to effectively prioritize work assignments.
  • Detail oriented and self-motivated.
  • Strong aptitude for assessing, understanding, and quantifying risk.
  • Must be a team player with strong attention to detail and able to work independently
  • Proven track record at delivering timely and accurate information in a fast-paced, entrepreneurial environment
  • Excellent critical thinking, problem solving, mathematical skills and sound judgment
  • Legal, financial services and, if possible, banking industry experience preferred
  • Strong business acumen and ability to interface with executive management team

  • Minimum of 15 + years of real estate / financial services, legal, or banking experience
  • Preferably an undergraduate degree in real estate, business, finance, or accountin
  • Advanced Degree a plus
  • Strong quantitative and analytical abilities; ability to quickly assess deal viability
  • Strong verbal and written communication skills
  • Ability to communicate with and develop effective working relationships with others in a team oriented, collaborative and deadline driven environment
  • Travel required