THE COMPANY

Skylatus Property Capital LLC (“Skylatus” or the “Company”) is a capital brokerage business that helps real estate owners and developers raise debt and equity capital to acquire, develop and refinance real estate.

In addition to Skylatus’ primary capital raising business, Skylatus’ principals are in the process of creating an affiliated company that will invest in multifamily and hospitality real estate in Florida.

CULTURE

Skylatus is a growing entrepreneurial company that has been in business since 2020. Our team is comprised of ambitious individuals that are passionate about investment real estate and prefer entrepreneurial environments over large corporations.

ROLE & RESPONSIBILITIES

Skylatus is seeking a Real Estate Deal & Capital Raising Manager (the “Manager”) to oversee the lifecycle of capital raising engagements and acquisitions from post-origination through closing. The Manager will have a team of analysts, transaction managers, and researchers (collectively, the “Team”) to make sure that capital gets raised and deals close. Aside from overseeing the closing of transactions, the Manager will also be responsible for creating and maintaining relationships with lenders and equity investors (the “Capital Providers”). The Manager’s primary responsibilities are listed below:

Oversee financial analysts’ creation and accuracy of offering memorandums, underwritings, & waterfall models
Utilize the Company’s CRM (HubSpot) to create targeted lists of Capital Providers to raise capital from
Call, email, and meet with Capital Providers
Manage deal pipelines in HubSpot
Spearhead underwriting calls with Capital Providers
Negotiate and redline term sheets and commitment letters
Oversee the writing and distribution of weekly capital raising reports to clients
Make recommendations on which Capital Providers the Company should move deals forward with
Negotiate and redline agreements with third parties (appraisals, PCRs, Phase 1, etc)
Read loan and joint venture equity agreements, redline them, and work with legal counsel to improve the docs
Screen due diligence files before they are provided to Capital Providers
Review third party reports and present conclusions / takeaways
Oversee appraisal appeals
Review settlement statements
Work with marketing team to market closed deals
Form relationships with new Capital Providers and maintain relationships with existing ones
Work with insurance brokers to solve insurance issues
Solve problems when they arise on deals

QUALIFICATIONS

The qualifications are listed below.

At least 5 years of experience working with multifamily properties
At least 5 years of experience working with hospitality properties
At least 5 years of experience reading and redlining loan and joint venture agreements
At least 5 years of experience reviewing settlement statements
At least 5 years of experience reviewing appraisals, PCRs, Phase 1s
At least 3 years of financial modeling experience (specifically with multifamily & hospitality properties)
At least 2 years of management experience
At least 1 year of experience working with Hubspot
Has been directly involved in the closing of at least 15 multifamily or hospitality real estate transactions
Must be highly familiar with the following terms: DSCR, Debt Yield, LTV, LTC, IRR, Equity Multiple, ROC, Promote
Can speak industry lingo
Highly experienced with Microsoft Excel including knowledge of shortcuts
Has a deep level of appreciation for “time killing deals”
Track record of working with different types of lenders
Recognizes the names of lending and investment companies (knows players in the business)
Has industry relationships
Not afraid of making cold calls to capital providers
Excellent communicator, both written and oral
A bachelor’s degree in finance, accounting or real estate
Takes initiative
Hunger, drive, determination to succeed
Fast typing skills
Meticulous with numbers
Detail oriented (catches errors)
Ability to set and achieve deadlines (excellent time management)
Ability to juggle multiple deals
Able to form “tight” relationships with people
Good at managing others

COMPENSATION

Base salary plus incentive pay based upon performance. Optional group healthcare plan.

WORK DETAILS

Full or Part Time: Full Time

Office Location: Tampa, FL but we are also accepting remote applicants

Start Date: ASAP

Work Culture: Entrepreneurial startup culture

Skylatus Property Capital

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Real Estate Deal & Capital Raising Manager