Real Estate

VP of Acquisitions (Hospitality)

$200,000-$300,000/yr.
Manhattan, NY (On-site)
Full Time

Global real estate investment firm looking due to growth for an individual to cover Acquisitions for the Hospitality sector in the US. The ideal candidate must possess a strong familiarity of the market. The primary responsibility of the VP of Acquisitions is to identify new Hospitality investment opportunities for the company and to play a key role in evaluating and underwriting these transactions.

Job Responsibilities

  • Manage full-cycle of Hospitality transactions for the United States from purchase to sale;
  • Source potential hospitality development sites and assets by networking with the brokerage community and other owners in the United States market
  • Initiate and manage the due diligence effort, including coordination of all internal and external consultants; coordination with the asset management group to develop a business plan for the property; and the coordination of the closing and settlement process
  • Escalate and present opportunities to Investment Committee
  • Negotiate terms and conditions of LOIs and purchase agreements
  • Leverage, manage, and contribute to the Company’s proprietary database of contacts
  • Conduct extensive market research to understand and anticipate demographic trends
  • Accurately underwrite and financially model each transaction
  • Actively participate in capital-raising efforts

Requirements

  • Positive, proactive work ethic and approach
  • Self-starter and able to work independently
  • Proven ability to multi-task in a fast-paced environment
  • Strong negotiating, interpersonal, and presentation skills
  • Superior written and verbal communication skills in English
  • Proficient will all Microsoft office programs with excellent excel skills
  • Experience with industry-related software including Argus and Salesforce
  • Bachelor’s degree in Finance, Business Management, or any related field
  • 8+ years of industry-related experience