Asset Management & Acquisitions Associate

Posted:
10/17/2024, 2:34:22 PM

Location(s):
South Carolina, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Finance & Banking

City, State:

Denver, Colorado

The Asset Management and Acquisitions Associate supports Stonebridge Companies’ strategic growth by 1) analyzing new investment opportunities and 2) assisting in the strategic asset and investment management of the company’s owned hotel portfolio.


 

Title: Asset Management & Acquisitions Associate

Location: Denver, Colorado

FLSA: Exempt

Status: Full-time

Reports to: Chief Investment Officer

Pay Range: $110,000 – $130,000

Essential Functions and Duties:

  • Build and maintain comprehensive real estate investment models, including pro forma projections and joint venture structuring.
  • Participate in due diligence for prospective acquisitions by evaluating operational, physical and legal due diligence materials.
  • Assist in asset and investment management tasks, including capital renovation projects, refinancings, dispositions.
  • Collaborate with the operations team to ensure hotel performance aligns with strategic goals.
  • Track and evaluate monthly performance metrics of the owned hotel portfolio.
  • Assist with quarterly asset valuations in addition to various other reporting requirements.
  • Prepare reports and presentations on investment performance for internal stakeholders.
  • Stay informed on industry trends and market conditions to help identify new investment opportunities.

Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential duties.

Required Experience, Education, and Skills:

  • Prior hospitality asset management and acquisition experience is preferred.
  • Prior hotel renovation oversight experience is preferred.
  • Bachelor’s degree in a related field, with 3-5 years of experience in an analytical role demonstrating strong modeling skills.
  • Strong analytical background with the ability to build cash flow analyses, pro forma projections, and sensitivity tables.
  • Highly proficient in Microsoft Excel, with experience in financial return metrics such as Internal Rate of Return (IRR), Net Present Value (NPV), Discounted Cash Flow (DCF), Return on Cost, Equity Multiple, and Debt Service Coverage Ratio.
  • Proficient in Microsoft Office Suite (Excel, PowerPoint, Word, Outlook).
  • Ability to manage and prioritize multiple, complex projects simultaneously.
  • Excellent verbal and written communication skills for presenting complex financial data to stakeholders.
  • Strong organizational skills with a focus on accuracy and thoroughness in all tasks.

Work Environment:

  • Primarily works in an office environment with frequent use of computers for financial modeling and analysis.
  • May require occasional travel to hotel properties for asset inspections, renovation oversight, or meetings with operational teams.
  • Regularly engages with senior leadership, operations teams, and external stakeholders to ensure alignment on investment and asset management goals.
  • Ability to manage multiple projects simultaneously and work under pressure to meet deadlines.
  • Flexibility to work extended hours as needed to accommodate business needs and project timelines.

Other Duties:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the team member for this job. Duties, responsibilities, and activities may change at any time with or without notice.


Our company does not discriminate against its associates or applicants because of race, color, religion, sex, pregnancy, national origin, ancestry, age, marital status, sexual orientation, veteran status, physical or mental disability or medical condition. Equal employment opportunity will be extended to all persons in all aspects of the employer-associate relationships, including recruitment, hiring, advancement, compensation, benefits, training, promotion, transfer, discipline, layoff, recall and termination. Every reasonable accommodation will be made for disabled associates.

Resumes and applications for employment will be evaluated on the basis of qualifications to meet the requirements of the position and ability to perform the requirements of the position.