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Hospitality Asset Management Specialist
2 months ago
The Hospitality Asset Management Specialist will play a pivotal role within the Comstock asset management division, focusing primarily on the hospitality sector. This position requires effective communication with internal teams and external joint venture partners, ensuring that all interactions are timely and precise.
Key Responsibilities:
- Oversee relationships with third-party hotel management companies.
- Develop financial models to evaluate potential investment opportunities during the underwriting phase.
- Support and enhance joint venture partnerships across various sectors.
- Generate and assist in the preparation of reports related to all assets, joint ventures, and the budgeting process.
- Contribute to all phases of transaction pursuits and due diligence, including the creation of Investment Committee documentation and coordination of due diligence efforts.
- Conduct sensitivity analyses and discounted cash flow assessments.
- Track and report on asset and portfolio performance to optimize returns for stakeholders.
- Engage in any additional financial and joint venture-related tasks as required.
- Perform other duties as assigned.
Qualifications:
- 3 to 4 years of experience in commercial real estate asset management, specifically within the hospitality sector.
- A bachelor's degree in finance, accounting, business, or mathematics is preferred.
- A commitment to continuous learning and professional development.
- A positive, proactive attitude with a focus on fostering growth and innovation.
- Proficient in Microsoft Word and Excel.
- Experience with Yardi and ARGUS software is advantageous.
- Strong analytical capabilities.
- High levels of credibility and integrity, with a commitment to accountability and excellence.
- Customer-focused and results-driven.
- Exceptional verbal and written communication skills, along with strong organizational abilities.
- Ability to build effective working relationships in a team environment.
- Capacity to manage multiple tasks and prioritize effectively in a dynamic setting.
- Self-motivated and capable of working independently with minimal oversight.
Benefits:
Compensation:
- Competitive salary with potential bonuses
- Comprehensive benefits package including medical, dental, vision, and 401K matching, along with life insurance.
Career Development:
- Opportunities for advancement within our growing portfolio
- Annual professional development funds to support your growth.
Employee Perks:
- Housing discounts
- Commuter benefits
- Free parking and electric vehicle charging
- Parental leave program
- A collaborative and friendly work environment.
Explore the unique advantages and opportunities for career growth with Comstock Companies and discover what makes us distinct.