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Acquisitions Due Diligence Specialist
Acquisitions Due Diligence SpecialistSecond Avenue Realty • Chicago, IL, US
Acquisitions Due Diligence Specialist

Acquisitions Due Diligence Specialist

Second Avenue Realty • Chicago, IL, US
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  • [job_card.full_time]
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Job Description

Job Description

Second Avenue is the premier platform for enabling institutions to deploy meaningful capital into single-deeded residential assets (SFR) while retaining control and valuable lines of sight into their investments over time. Second Avenue’s proprietary technology and exclusive relationships have allowed it to bring scale to scattered single-family investment homes, a strategy that was previously untenable as an institutional asset class. The Company provides all aspects of sourcing, acquisition, and property management services for its clients.

We offer a positive culture and professional work environment. Please visit our website for additional background on our business platform – www.secondavenue.com

Job Summary

Primary responsibilities for this role are to support the due diligence process of acquiring tenant-occupied single-family homes for rent. In this role, the Acquisitions Due Diligence Specialist will ensure transaction and operational efficiency by collecting, reviewing, and entering tenant information, lease and property data, organizing documents, and assisting with research tasks related to market-specific requirements for new contracts. This position reports to the Acquisitions Compliance Supervisor and is located in the Chicago or Tampa office.

Duties and Responsibilities

  • Assist with the collection, organization, and preliminary review of tenant-related documentation during due diligence.
  • Organize and verify due diligence materials, ensuring completeness and compliance with contractual requirements, company standards, and real-estate standards.
  • Communicate with sellers, agents, and internal teams to request, track, and follow up on due diligence materials.
  • Upload required documents into internal systems ensuring proper categorization and timely submission.
  • Enter and update tenant and property data across all required platforms with a high level of accuracy.
  • Flag missing, inconsistent, or incomplete information for review and escalate to the Acquisitions Compliance Supervisor as needed.
  • Support cross-functional departments by communicating document status and outstanding items.
  • Assist with light research and data gathering when onboarding homes in new markets.
  • Perform general administrative and clerical tasks to support transaction flow.
  • Coordinate with Operations teams to ensure a smooth handoff of Tenants-in-Place (TIP) at closing.

Qualifications

  • Residential real estate transaction experience with knowledge of real estate contracts and property management documents.
  • High level of organizational skills and ability to multitask.
  • Strong interpersonal / communication skills.
  • Ability to collaborate and work in a team environment.
  • Must thrive in a high-pressure environment with the ability to prioritize competing tasks and meeting deadlines.
  • High level of attention to detail.
  • Proficient with Excel and Word.
  • Team player – energetic, enthusiastic, and personable with the ability to collaborate and work independently.
  • Education and Experience

  • Associates degree or higher.
  • Willingness to obtain a real estate license in various markets is a plus.
  • Job Competencies

  • Sense of urgency and desire to render excellent customer service.
  • Solid ability to manage processes and to effectively review reports and images and take appropriate action relative to findings.
  • Ability to organize workload, to prioritize activities and follow-up appropriately.
  • Attention to detail and ability to communicate verbally and in writing
  • Benefits

  • Medical, Dental and Vision Insurance, Employer Paid Short-Term / Long-Term Disability and Life AD&D Insurance, 401k, PTO, and Paid Holidays.
  • NOTE : This job description is not intended to be an exhaustive list of all duties, responsibilities or qualifications associated with the job. Other duties may be assigned.

    Second Avenue is an equal opportunity employer and values diversity. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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