Function:The Associate or Senior Associate, Investment Portfolio and Analysis supports the underwriting, valuation, and analysis of hotel and real estate assets for a publicly traded real estate investment trust with more than 90 properties.
Responsibilities:Acquisitions
- Underwrite and value individual lodging and portfolio assets for acquisition on an ongoing basis, including:
- Perform fieldwork, data collection, and analysis to evaluate hotel markets
- Conduct site and property inspections
- Conduct market research, data collection, and analysis to evaluate hotel markets
- Prepare supply and demand, pro-forma financial, and valuation analyses
- Assist in the due diligence process for new acquisitions
- Prepare materials for the Board related to potential acquisitions
Dispositions
- Interface with internal and external parties in connection with the marketing of and due diligence on disposition properties.
- Prepare materials for the Board related to disposition assets.
Other
- Conduct comprehensive analysis on brand conversion and other ROI initiatives.
- Develop detailed proforma for hotel development projects,
- Identify key trends, risks, and opportunities within the portfolio and communicate findings to the team.
- Produce reports on various factors impacting markets and submarkets associated with the company's lodging portfolio, including demographics and changes in supply and demand.
- Prepare written and financial reports for both internal and external purposes.
RequirementsEducation and Experience:- Bachelor's degree in hospitality management, accounting/finance, economics or related area required.
- Between 5-7 years of hospitality industry experience, preferably in consulting, feasibility, brokerage, and/or finance.
- Experience in the private equity or REIT industry preferred
- Experience in lodging and real estate industry required.
- Knowledge of major US lodging markets preferred
- Ability to produce high-quality reports in a timely manner
- Excellent written and quantitative analysis skills with strong attention to detail
- Self-motivated, goal-oriented and able to take ownership of workstreams
- Strong quantitative modeling and analytical skills
- Ability to synthesize financial data into clear reports and presentations
- Advanced proficiency in Microsoft Office, experience in financial modeling
Work Environment:- Position is based in Bethesda, MD
- On-site in the office four days a week, with one designated remote workday.
Compensation:- Base Salary - $95,000 - $105,000
- Annual Bonus
Benefits- Health Care Plan (Medical, Dental & Vision)
- Retirement Plan (401k, Roth)
- Life Insurance
- Short Term & Long Term Disability
- Paid Time Off
- Paid Holidays
- Transportation Benefits
- Training & Development
- Free Food & Snacks
- Discounted Health Club Membership
- Franchisor Hotel Discounts
