This role reports to the Senior Managing Director leading Investments. Investment Associates are responsible for overseeing the full lifecycle of 2-3 investments at any given time with a focus on acquisition, financing and development. The Investments team works closely and collaboratively across the platform with the Hotels team and Brands team. This role will be relied upon to execute on investment-driven forecasts, milestones and outcomes.
Responsibilities
Acquisitions
Lead early-stage data collection and screening work, building financial models, analyses, and investment memos to forecast returns and drive investment decisions
Lead in-depth market and asset diligence, with the ability to independently price risk/reward and provide conclusions and recommendations
Quarterback the diligence and transaction process start-to-finish
Development
Provide investment-oriented support and input throughout value-add project lifecycle
Manage "Deal RACI" end-to-end, closely monitoring each key milestone of the project ahead of business plan completion to drive investment outcomes
Lead weekly development meetings with development managers to ensure each project is on-time and on-budget
Financing
Create and coordinate analytical support for financing processes and decision-making
Lead the financial modeling of various capital structures and financing outcomes
Oversee creation of marketing materials and interface with third-party advisors
Reporting
Lead quarterly valuation process, presenting to the Investment Committee
Responsible for maintenance and update of investment models, working closely with development and operations to synthesize inputs across the platform
Required Qualifications
2+ years of hotel investment experience;
Experience managing hospitality transactions with multiple internal stakeholders through deal lifecycles
Detail-oriented, analytical skillset
Demonstrated ability to take initiative and balance multiple workstreams concurrently
Strong verbal and written communication skills with ability to manage across disciplines
Strong investment, development, and hospitality acumen
Experience building complex financial models and multi-tiered waterfalls
Resourceful problem-solver with a results-oriented approach
Motivated, flexible and ready to dive into any issue to execute and deliver on underwritings