Careers

Acquisitions Analyst/Acquisitions Associate

Moline Investment Management [MIM] | Moline Management, LLC is seeking an Acquisitions Analyst to support its ongoing portfolio growth objectives. This transactions-oriented role supports MIM’s acquisitions and dispositions activities. The successful candidate will be ‘running the numbers’ on MIM investment opportunities and acquisitions targets. This analytically intensive role requires financial modeling experience as well as a strong understanding and comfort working with financial concepts (i.e., IRR, NPV, cash on cash, equity multiple, bond math, etc.). A basic understanding of private equity is extremely helpful, as is the ability to model General Partner/Limited Partner (GP/LP) returns, splits and associated waterfall calculations. Training is available to promising candidates with strong analytical ability and finance and/or mathematics backgrounds.

Key Responsibilities and Duties:

• The set-up, review, and output of financial and investor models for new and active transactions
• Work with Acquisitions Team to identify initial key assumptions for pro-forma Operating Statements; modify and input same as transaction due diligence progresses
• Identifies and accumulates data from multiple sources to underwrite potential transactions from both a financial as well as market (supply, demand, rent trends) perspective
• Reviews underwriting and analyzes market data on potential real estate investment opportunities
• Adheres to MIM’s due diligence process for asset acquisition and/or property development opportunities
• Sources new real estate acquisition opportunities and tracks active deals in the market, closed deals, and ‘dead’ deals – maintains database of same, including final valuations or clearing prices for closed/dead deals
• Coordinates due diligence protocols to ensure underwriting remains vigorous and stays on track
• Coordinates the organization and management of all documents and records for the closing and funding of real estate acquisitions and/or development transactions
• Maintains external relationships with key market participants: investment sales brokers, leasing brokers, market analysts, lenders, third party engineers, financial auditors, etc

Additional Responsibilities and Duties:

• Evaluates investments and investment returns based on discounted cash flows, return on cost, development spreads and third-party leverage; analysis also to include impact of value-added opportunities, leverage, tax, and joint venture structures
• Maintains complete and current knowledge of investment strategies and works with the Firm’s Executive Team in the execution of MIM’s investment strategy
• Collaborates and communicates with all areas and disciplines of the firm to ensure that all departments and functional areas benefit from the analysis and data coming from the Acquisitions Team (i.e., market trends, rent and sale comps, cap rates, important articles/thought leadership, generally, disseminated to asset management, etc.)
• Ensure that MIM’s financial and market risk analysis for both individual assets and the portfolio in its entirety is current and accurate
• Oversees (or undertakes directly) the coordination (with lenders and third parties) and compliance with all requirements for closing and funding of transactions
• Supports the Team in the preparation of Investment Summaries, Financing Request Memoranda and Investor communications
• Lead the disposition process of apartment investments across markets, including securing internal approvals and negotiation of key deal-related documentation
• Ability and desire to travel to various markets for purposes of due diligence (i.e., property and market evaluation, property tours, broker meetings, investor presentations, etc.).

This position would be appropriate for degreed candidates in either Economics, Finance, Business and/or Mathematics at the undergraduate or graduate level (M.A., M.B.A. and Ph.D. candidates are encouraged to apply).

 

Qualifications:

Required-

• Experience and proficiency with Excel
• Analytical/reasoning skills to assemble and analyze disparate information
• Reasoning skills to effectively and timely identify viable investment opportunities which meet both the long and short­ term goals of multiple investor clients

Preferable-

• One to three years of transaction experience, preferably in the apartment/multifamily sector, and having previously worked within one or more of the following business settings: commercial real estate brokerage/investment sales/capital markets and/or private equity
• Demonstrable track record of transaction activity, preferably within the apartment/multifamily sector
• Knowledge of and experience with real estate information services and data sources a plus.

Interested candidates may forward their resumes/CVs along with a cover letter describing their interest and experience to hr@molinemgt.com

 

Moline Investment Management [MIM] | Moline Management, LLC is an equal opportunity employer committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex/gender, religion, sexual orientation, national origin, disability, or any other protected characteristic as outlined by federal, state, or local laws.

This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. Moline Investment Management [MIM] | Moline Management, LLC makes hiring decisions based solely on qualifications, merit, and business needs at the time.

 

Missouri – Property Manager – Part Time – Various Locations

Moline Management, LLC, a leading apartment manager throughout the Midwest is seeking a Part Time Property Manager to oversee the successful operation of single family homes in Missouri. Successful candidates will be self-driven, highly organized, and outgoing, and must enjoy working both independently and with residents. Excellent computer and communication skills are required.

Property Manager Responsibilities include:

• Manage high volumes of paperwork related to LIHTC and HOME programs
• Ensure strict adherence to Fair Housing Laws
• Maintain efficient, thorough recordkeeping systems
• Evaluate prospective tenants, conduct credit and background checks
• Attract new tenants through creative marketing efforts, property viewings, and community referrals
• Coordinate leasing transactions
• Enforce lease agreements, timely rent collections, and property rules and regulations
• Supervise maintenance staff to coordinate property maintenance and renovation projects
• Handle tenant relations and resolve community issues
• Manage administrative and basic bookkeeping tasks using property management software to track rental payments and other rental activities.

The ideal candidate will be:

• Self-motivated with the ability to work independently with little direct supervision
• Highly organized and driven to meet deadlines and goals
• An excellent communicator in person, over the phone and in writing
• An experienced computer user proficient in Microsoft Word and Excel, with ability to learn and use enterprise software
• Previous experience in property management and housing programs such as LIHTC and HOME is a plus but not required.

Pay rate will range depending on location, experience and qualifications. 20-24 hours per week.

Moline Management, LLC is proud to be an equal opportunity employer. Retirees, veterans, and working parents are encouraged to apply!

Missouri – Property Manager – Full Time – Various Locations

Moline Management, LLC is one of the most active multifamily property managers in the Midwest. We’re seeking Full Time Apartment Managers to oversee the successful operation of multifamily and senior communities in Missouri. The successful candidate will be self-driven, highly organized, and outgoing, and must enjoy working both independently and with Residents. Excellent computer and communication skills are required.

Property Manager Responsibilities include:

• Manage high volumes of paperwork related to Income Based Housing programs
• Ensure strict adherence to Housing Authority regulations and reporting deadlines
• Maintain efficient, thorough recordkeeping systems
• Evaluate prospective Residents, conduct credit and background checks
• Attract new Residents through creative marketing efforts, property viewings, and community referrals
• Coordinate leasing transactions
• Enforce lease agreements, timely rent collections, and property rules and regulations
• Supervise maintenance staff to coordinate property maintenance and renovation projects
• Handle Resident relations and resolve community issues
• Manage administrative and basic bookkeeping tasks using property management software to track rental payments and other rental activities.

The ideal candidate will be:

• Self-motivated with the ability to work independently with little direct supervision
• Highly organized and driven to meet deadlines and goals
• An excellent communicator in person, over the phone and in writing
• An experienced computer user proficient in Microsoft Word and Excel, with ability to learn and use enterprise software
• Previous experience in property management and housing programs such as LIHTC and HOME is a plus but not required.

Pay rate will range depending on location, experience and qualifications. 40 hours per week plus benefits including Health and Dental insurance and Paid Time Off.

Moline Management, LLC is proud to be an equal opportunity employer. Retirees, veterans, and working parents are encouraged to apply!

Missouri – Apt. Maintenance Technician/Handyman – Part Time & Full Time

Moline Management, LLC is seeking reliable, skilled part-time and full-time maintenance technicians/handymen to manage the upkeep of residential rental communities in various communities across Missouri.

The ideal candidate will enjoy physical, hands-on work, and must be able to work on their own with little supervision.  Applicants MUST have a valid driver license.

Our company prides itself on building a strong team of happy employees with great pay and a positive, supportive environment. If you think you would be a good fit for the job, we encourage you to apply!

Duties will vary day to day, and will include:

• Handling routine work orders and emergency maintenance requests
• Minor repair work, such as fixing broken locks, painting, or replacing carpet or plank flooring
• Basic plumbing work, such as fixing leaky faucets
• Installation of appliances
• Basic grounds keeping
• Cleaning of vacant units and general facilities.

Requirements and Qualifications:

• Experience in a maintenance/construction related field desired
• Must be available for ‘On Call’
• Must be able to complete assignments with minimal supervision
• Ability to work with hand and electrical tools
• Ability to lift, bend, and perform other physically demanding tasks
• Commitment to safety and top-quality work is essential
• Veterans, working parents, and retirees are encouraged to apply!

Pay rate will range depending on location, hours, experience and qualifications. Full time employees are eligible for Health and Dental benefits as well as Paid Time Off.

Moline Management, LLC is proud to be an equal opportunity employer.