Associate- Asset Management (Hospitality)

The role

The Associate, Hospitality acts as the primary representative for ownership to provide strategic oversight of third-party managed hotel assets. This role manages relationships with third-party operators and leads financial underwriting for potential transactions.

What you will do

• Manage relationship with third-party hotel operators
• Create financial models for potential transactions as part of the underwriting process
• Assist with and support joint venture relationships across all sectors
• Produce and assist with reporting as it relates to all assets, JVs, and budgeting process
• Assist with all aspects of transaction pursuit and due diligence
• Perform sensitivity analysis and discounted cash flow analysis
• Monitor and report on performance at asset and portfolio level
• Perform other duties as assigned
• Perform other financial and joint venture relations activity

Required qualifications

• 3 – 4 years’ experience in commercial real estate hospitality asset management
• Must want to continuously learn and develop
• Must have a positive, can-do attitude and be able to fuel growth and innovation
• Advanced skills in Microsoft Word and Excel
• Exceptional analytical skills
• Must be highly credible and trustworthy, and operate with high degree of integrity
• Must hold oneself and others accountable and strive for a high level of excellence
• Must be customer-focused and results-oriented
• Exceptional oral and written communication, active listening, and organizational skills
• Ability to establish strong working relationships with others in team setting
• Ability to multitask and prioritize tasks with a strong attention to detail in a fast-paced environment
• Self-directed and able to work independently, with minimal supervision

Nice to have

• Bachelor’s degree in finance, accounting, business or mathematics
• Experience working with Yardi and ARGUS

Benefits

• Competitive Salary with Bonus Potential
• Medical
• Dental
• Vision
• 401K Match
• Life Insurance
• Opportunities for Advancement within our expanding portfolio
• Annual Professional Development Funds
• Housing Discount
• Commuter Benefits
• Free Parking and EV charging
• Parental Leave Program

About the company

Comstock is an expanding portfolio that values collaboration and delivering extraordinary experiences.