SP - Senior Associate Broker, Hotels/Hospitality

Job Description

About the role

CBRE Hotels New York office is seeking a Senior Associate to join its team. The role offers the unique opportunity to be directly involved in structuring hospitality transactions in NYC and across the US. This is an opening to join a dynamic team of established professionals in an entrepreneurial, collaborative, and inclusive environment. CBRE Hotels was ranked the #1 hospitality intermediary in the U.S. in 2022 per MSCI Real Assets. The NYC team transacts on 20+ assets across all categories at a value of more than $500M annually. Our clients include the most respected private equity, REITs, real estate funds and private investors in the hospitality industry.

What you'll do

• Proven track record of originating new business.
• Creates and gives presentations for existing and prospective clients.
• Lead assignments and work closely with the team to develop valuations, prepare proposals and offering memorandums.
• Interacts with investors to conduct marketing calls, property tours, manage negotiations and monitor the due diligence process through to closing.

What you'll need

• New York Salesperson License.
• 3-5 years of hospitality transaction experience with an established real estate company, development firm, investment banking or real estate private equity team focused on hospitality real estate transactions.
• Strong communication and business writing skills
• Strong working knowledge of the hospitality investment marketplace and established relationships with acquisition decision makers
• Working knowledge of finance/capital markets and impact on hospitality investments.
• Ability to work on multiple projects simultaneously, managing time and resources to ensure work is completed efficiently to and within established timeframes.
• Candidate should be detailed, proactive and self-motivated with strong work ethic. Must have the ability to work in a fast paced, deadline driven team environment.
• Education: Minimum of a bachelor's degree from a four-year university. Preferred hospitality or real estate development/finance background. MBA is a plus although not required.

Why CBRE?

Our culture is built on our RISE values and reflects the needs and perspectives of our clients and our people. Our work is guided by our North Star: Creating the real estate solutions of tomorrow, so businesses and people thrive.

At CBRE, we believe that the more perspectives we have, the more dimensions we see. We encourage people with different backgrounds and experiences across industries to apply for open positions even if you do not match every element of the required skills.

CBRE carefully considers multiple factors to determine compensation, including a candidate's education, training, and experience. The salary for the Senior Associate is a $70,000 draw payment plan for one year.

CBRE is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law. We also provide reasonable accommodations, as needed, throughout the job application process. If you have a disability that inhibits your ability to apply for a position through our online application process, you may contact us via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).

NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.