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Real Estate Associate, Hotels
2 months ago
About Jones Lang LaSalle Incorporated
Jones Lang LaSalle is a premier professional services and investment management firm with a focus on real estate. With operations spanning over 80 countries and a dedicated workforce of more than 91,000 professionals, we assist real estate owners, occupiers, and investors in realizing their business objectives. As a recognized Fortune 500 entity, we embrace our responsibility to promote sustainability and corporate social responsibility, striving to shape the future of real estate for a better world.
Our core values—teamwork, ethics, and excellence—are integral to our operations, and we take pride in the accolades we have received from various organizations globally and locally.
We are committed to fostering a diverse and inclusive culture where every individual feels welcomed, valued, and empowered to reach their full potential. We believe that diverse backgrounds, experiences, and perspectives drive innovation and collective success.
If this opportunity aligns with your career aspirations, we encourage you to explore it further, even if you do not meet every qualification listed below. We are eager to learn about you and the unique contributions you can make.
Position Overview
The Hotels & Hospitality Group at Jones Lang LaSalle is seeking a motivated and qualified professional with relevant experience in hospitality or real estate to join our team.
Key Responsibilities:
- Assist team members in securing listings, marketing, and finalizing real estate transactions.
- Analyze financial data from profit and loss statements for valuation models; input financial data as necessary.
- Utilize the Uniform System of Accounts for Hotels to process raw financial data.
- Conduct independent asset valuations employing discounted cash flow, income capitalization, leveraged IRR, comparable sales, and construction cost methodologies.
- Assess and implement value enhancement strategies for underwriting purposes under the guidance of senior team members.
- Gather and present qualitative and quantitative information to support the transaction process.
- Prepare presentations, offering materials, and various reports independently.
- Review legal documents, agreements, licenses, and third-party reports relevant to transactions.
- Engage in limited client-facing communications on a technical level.
- Oversee and review the work performed by analysts.
Qualifications:
- 2-3 years of experience in financial or real estate transactions.
- Bachelor's degree in Business Finance, Hotel Administration, or Real Estate Finance.
- Strong academic performance.
- Demonstrated quantitative abilities.
- Experience in the hospitality industry is preferred but not mandatory.
- Excellent verbal and written communication skills.
- Strong organizational capabilities.
- Ability to work independently while maintaining team rapport.
- Flexibility to work beyond standard business hours and on weekends as required.
- Proficient in computer applications (Word, PowerPoint, Excel, etc.).
- Attention to detail and the ability to manage multiple projects simultaneously.
- Candidates must be authorized to work in the United States.
- Willingness to travel domestically and internationally.
What You Can Expect from Us:
We believe in collective success and invest in supporting one another, learning together, and celebrating achievements. Our Total Rewards program reflects our commitment to helping you achieve your career goals, recognizing your contributions, and providing competitive benefits and compensation.
We look forward to seeing where your ambitions lead you at Jones Lang LaSalle.
