Senior Hospitality Asset Manager
1 month ago
Brookfield Properties is seeking a seasoned hospitality asset manager to join our team. As a key member of our asset management group, you will be responsible for maximizing property valuation, optimizing asset performance, and ensuring organizational effectiveness.
Responsibilities- Develop and implement asset management strategies to drive revenue growth and profitability
- Collaborate with hotel teams to create and implement operating models that maximize revenue and profitability
- Prepare and present weekly, monthly, quarterly, and annual asset management and portfolio reports, cash flow forecasts, and distribution analyses
- Monitor and analyze asset-level performance compared to industry benchmarks and company key performance indicators
- Assist in the underwriting process for new acquisitions, assess market risk and opportunities, and conduct benchmarking analyses
- Coordinate with treasury and accounting teams to assess weekly property cash flow needs, capital requirements, and property-level distributions
- At least 10 years of experience managing hospitality assets, preferably in real estate private equity or real estate asset management
- Deep experience in institutional asset management, strategic asset planning, and hospitality operations
- Proven track record of being lead on portfolio management and asset-level analyses
- Exceptional analytical skills and operational acumen to oversee and refine asset-level analyses
- Effective presentation skills, including strength in verbal and written communications
- Remote or in-office position - travel required
- Salary Type: Exempt
- Pay Frequency: Bi-weekly
- Medical & Pharmacy Coverage: Yes, under Brookfield Medical Plan
- Dental Coverage: Yes, under Brookfield Medical Plan
- Vision Coverage: Yes, under Brookfield Medical Plan
- Retirement: 401(k)
- Insurance: Employer-paid life & short/long term disability
We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.
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