Hospitality Portfolio Director

1 week ago


San Antonio, Texas, United States MLSA Ventures Full time
About Escalera Capital:
As the restructured entity that evolved from MLSA Ventures, Escalera Capital is a leading commercial real estate firm with a diverse portfolio spanning hospitality, industrial, and retail assets. Our organization includes Presidian, Source Strategies, and Mulberry Realty Partners. We manage over 10 hotels, including trophy assets, primarily in San Antonio, and are currently engaged in several exciting projects, including ground-up developments, hotel renovations, and adaptive reuse initiatives.

Position Summary:
We are seeking an experienced Director of Asset Management to lead the strategic oversight of our hospitality and commercial real estate portfolios. This role will focus on optimizing performance across diverse assets, with a primary emphasis on hospitality asset management. The ideal candidate will have significant experience managing hotel assets, particularly with major brands such as Marriott, Hilton, IHG, and Hyatt, and should also possess strong underwriting skills.

Key Responsibilities:
  • Hospitality Asset Management: Oversee the performance and management of Presidian's hotel assets, focusing on value enhancement, operational efficiency, and execution of Property Improvement Plans (PIPs).
  • Commercial Asset Oversight: Manage Mulberry's portfolio of industrial and retail assets, ensuring optimization of property performance and tenant relationships.
  • Financial Oversight & Underwriting: Conduct detailed financial analysis and underwriting for new acquisitions, dispositions, and ongoing asset performance.
  • Investor Relations: Draft investor updates, correspond with investors regarding tax return filings, and support investor reporting.

Requirements:
  • Bachelor's degree in Finance, Real Estate, or related field.
  • Minimum 10 years of experience in hospitality asset management, with strong experience managing hotel assets for major brands.
  • Demonstrated expertise in underwriting, financial management, and asset performance analysis.
  • Valid Texas Driver's License and willingness to travel.

Estimated Salary Range:$150,000 - $200,000 per year.

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