The REIT world and the multifamily sector were abuzz over the Wall Street Journal's article announcing Mid-America Apartment's acquisition of Post Properties. The merger will put Mid-America on the map as a major player in the multifamily sector and create the largest multifamily REIT by number of units with more than 100,000 across 317 properties. It will also mark the end of Post's 23-year stint as an underperforming public company. The merger signals the likelihood of more M&A activity in the REIT space, and it makes sense when one considers the operational and G&A efficiencies that will accrue to the merged company. The strong Mid-America/Post combination is expected to wring out $20 million in operational savings and a strong market positioning across 15 Sunbelt states. But mergers, if not managed carefully, can stumble and lose some of the underlying advantages of the integration at the management and operational level. Integrations are a tricky business, so let's see how Mid-America fares as it begins its new journey.

Job Listings

GREEN COURTE Acquisitions Associate Investment Associate will provide critical analytical support to Green Courte's acquisition activities and will be an integral member of the firm's transaction team. Key responsibilities include: sourcing prospective acquisition markets and assets based on Green Courte's investment criteria, and performing market analysis summaries for potential acquisitions opportunities. (Sponsored Job) FOUR SPRINGS CAPITAL TRUST Real Estate Closing and Portfolio Administrator Responsibilities include: coordinating all administrative aspects of the property due diligence process using checklists, including ordering, coordinating, and reviewing third party reports and investigations, and lease review; coordinating property acquisition and loan closings using closing checklists; and creating electronic property files. (Sponsored Job) JLL Senior Vice President – Capital Markets Group – National Production Support Strategic Director will lead a Center of Excellence which provides analyst production support for the Americas Capital Markets Group (CMG) nationally across all asset types. CMG provides investment brokerage, advisory and investment banking services to corporations, institutions, public companies, fund managers, financial institutions and property developers. (Sponsored Job) CBRE Director of Project Management Position will join CBRE on-site at a Silicon Valley Fortune 500 tech client's Los Angeles & Orange County offices to lead a team 10, managing design, delivery, and customer satisfaction from concept to completion for all regional projects. Position will recruit, build, and lead a team, and will directly control profit and performance for project types including: Tenant Improvements, Multi-Site Roll-Outs, Office Relocations, Ground-Up Constructions, Environmental & Civil Compliance, Pre-Construction & Risk Mitigation. (Sponsored Job) FIDELITY INVESTMENTS/PEMBROKE REAL ESTATE Financial Controller Controller will be responsible for overseeing all financial matters, including oversight of the accounting close, management and statutory reporting, budgeting and forecasting, and providing technical accounting advice as needed. Additionally, this role will be responsible for strategic and forward-looking financial planning and analysis of the management company to support senior management decision making. GOLDMAN SACHS US Real Estate Asset Manager, Vice President Primary responsibilities include managing a portfolio of 5 to 15 assets (core/value-add commercial) which includes business plan preparation and presentation, developing monthly cash flow projections, monthly and/or quarterly reporting, oversight of third party service providers, capital plan oversight, business plan execution, and ultimate disposition of real estate assets. TIAA-CREF Analyst, Investment Governance Team YALE UNIVERSITY Managing Director, Facilities & Operations Reporting to the Chief Administrative Officer, the Managing Director will be responsible for the day-to-day oversight and strategic management of the facilities and operations functions of the School to ensure high quality support for teaching, learning and other related programming. The REIT world and the multifamily sector were abuzz over the Wall Street Journal's article announcing Mid-America Apartment's acquisition of Post Properties. The merger will put Mid-America on the map as a major player in the multifamily sector and create the largest multifamily REIT by number of units with more than 100,000 across 317 properties. It will also mark the end of Post's 23-year stint as an underperforming public company. The merger signals the likelihood of more M&A activity in the REIT space, and it makes sense when one considers the operational and G&A efficiencies that will accrue to the merged company. The strong Mid-America/Post combination is expected to wring out $20 million in operational savings and a strong market positioning across 15 Sunbelt states. But mergers, if not managed carefully, can stumble and lose some of the underlying advantages of the integration at the management and operational level. Integrations are a tricky business, so let's see how Mid-America fares as it begins its new journey.

Job Listings

GREEN COURTE Acquisitions Associate Investment Associate will provide critical analytical support to Green Courte's acquisition activities and will be an integral member of the firm's transaction team. Key responsibilities include: sourcing prospective acquisition markets and assets based on Green Courte's investment criteria, and performing market analysis summaries for potential acquisitions opportunities. (Sponsored Job) FOUR SPRINGS CAPITAL TRUST Real Estate Closing and Portfolio Administrator Responsibilities include: coordinating all administrative aspects of the property due diligence process using checklists, including ordering, coordinating, and reviewing third party reports and investigations, and lease review; coordinating property acquisition and loan closings using closing checklists; and creating electronic property files. (Sponsored Job) JLL Senior Vice President – Capital Markets Group – National Production Support Strategic Director will lead a Center of Excellence which provides analyst production support for the Americas Capital Markets Group (CMG) nationally across all asset types. CMG provides investment brokerage, advisory and investment banking services to corporations, institutions, public companies, fund managers, financial institutions and property developers. (Sponsored Job) CBRE Director of Project Management Position will join CBRE on-site at a Silicon Valley Fortune 500 tech client's Los Angeles & Orange County offices to lead a team 10, managing design, delivery, and customer satisfaction from concept to completion for all regional projects. Position will recruit, build, and lead a team, and will directly control profit and performance for project types including: Tenant Improvements, Multi-Site Roll-Outs, Office Relocations, Ground-Up Constructions, Environmental & Civil Compliance, Pre-Construction & Risk Mitigation. (Sponsored Job) FIDELITY INVESTMENTS/PEMBROKE REAL ESTATE Financial Controller Controller will be responsible for overseeing all financial matters, including oversight of the accounting close, management and statutory reporting, budgeting and forecasting, and providing technical accounting advice as needed. Additionally, this role will be responsible for strategic and forward-looking financial planning and analysis of the management company to support senior management decision making. GOLDMAN SACHS US Real Estate Asset Manager, Vice President Primary responsibilities include managing a portfolio of 5 to 15 assets (core/value-add commercial) which includes business plan preparation and presentation, developing monthly cash flow projections, monthly and/or quarterly reporting, oversight of third party service providers, capital plan oversight, business plan execution, and ultimate disposition of real estate assets. TIAA-CREF Analyst, Investment Governance Team YALE UNIVERSITY Managing Director, Facilities & Operations Reporting to the Chief Administrative Officer, the Managing Director will be responsible for the day-to-day oversight and strategic management of the facilities and operations functions of the School to ensure high quality support for teaching, learning and other related programming.