Senior Associate, Development & Acquisitions

Launched in 2020, Quad Capital Partners ("QCP") is a multi-disciplinary real estate investment management and development firm focused on opportunities located within a select group of flagship university and STEM-oriented markets. QCP successfully deployed its $215 million opportunistic Fund I and is currently investing its $215 million Fund II, both anchored by a prominent large state pension fund. QCP recently closed a $100 million core-plus separate account backed by a top-10 state pension plan, which will seed and convert to an open-end fund upon raising an additional $300 million in capital.

QCP is the investment management affiliate of First Martin Corporation. Founded in Ann Arbor in 1968, First Martin is a privately held, vertically integrated, generationally focused real estate investment and development company. As the largest private owner-operator in Ann Arbor, First Martin’s portfolio includes 38 assets across the multifamily, office, retail, lab, hard tech, and hospitality sectors. QCP is a continuation of First Martin’s successful 50-year investment strategy.

Additional details can be found at  and

The Senior Associate will be located in Chicago and report to the CEO and senior professionals within development and acquisitions. QCP is an entrepreneurial organization offering a unique opportunity to contribute to all aspects of the real estate acquisition, development, and investment process from initial sourcing, underwriting, and acquisition to development/construction and asset management/disposition. The Senior Associate will play a key role in new business pursuits, including detailed underwriting and financial modeling for both core acquisitions and development, market research, and due diligence, as well as various activities associated with capital raising, financing, portfolio management, and asset management as needed.

The position will be in the office.

• Work directly with the development and acquisitions teams and senior leadership to underwrite and execute new developments, acquisitions, dispositions, and refinancings.
• Manage market research and property due diligence, including real estate tax projections.
• Coordinate transactions from preliminary deal screening to executing due diligence through closing.
• Drive analytical support of detailed cash flow models incorporating distribution waterfalls, sensitivity matrices, IRR, NPV, and more.
• Build investment committee memos, investor presentations, financing memorandums, internal briefs, and related support material.

Support strategic and ongoing operational processes at the property and fund level.

• Support the asset management team in the execution of asset-level business plans.
• Support valuations, reporting, investor communications, and disposition analyses.

• Interface with internal teams across acquisitions, development, asset management, and finance.

The ideal candidate will have the following qualifications:

• Four to seven years of multifamily development or acquisitions experience at an owner/operator, developer, or private equity firm.
• Deep knowledge of institutional real estate with the ability to hit the ground running.
• Self-motivated and proactive with an established track record of working effectively and independently.
• Strong financial modeling skills and superior analytical, quantitative, writing, and technical/computer skills with proficiency in Excel and PowerPoint, including the ability to build and modify models for a variety of investment and capital structures.
• Experience utilizing AI tools (Claude, Gemini) to expedite data analysis, writing, and presentations.
• Excellent communication and organizational skills.
• Intellectual curiosity and an entrepreneurial mindset with the ability to work in a fast-paced environment.
• Strong organizational skills and attention to detail.