Job Description

Job Title: Senior Development Associate – Hospitality Investments & Asset Management
📍 Location: Washington, DC (Hybrid Eligible)
🏢 Company: Frontier Development & Hospitality Group

Position Summary:
Frontier Development & Hospitality Group is seeking a Senior Development Associate with strong financial analysis and asset management capabilities to support its growing portfolio of branded hotel and mixed-use projects. This is a high-impact, hybrid role ideal for a rising real estate professional with both analytical rigor, critical thinking and real-world operational oversight experience, someone ready to step into VP-level responsibility over time.

You will work directly with the Founder and play a central role in underwriting, asset management, financial strategy, and deal execution. Candidates should have a background in hospitality investments and a strong understanding of hotel operations, development economics, and owner-operator dynamics.

Key Responsibilities:

Investments & Development Support

· Underwrite new development, acquisition, and repositioning opportunities (pro formas, IRR/NPV, sensitivity, promote waterfall, scenario analysis)

· Support to the Development Manager through the entire development cycle including pre-development, design, construction, operations, and disposition.

· Analyze market and STR data to inform feasibility and deal structure

· Support capital raising and investor communication through high-quality memos and presentations

· Collaborate on debt and equity structuring, including refinance scenarios and capital stack modeling

· Conduct due diligence, support entitlement processes, and work cross-functionally with legal, design, and construction consultants

Asset Management
You will take primary responsibility for overseeing three hotel assets (Marriott, Hilton, Hyatt branded), each operated by third-party management companies. Responsibilities include:

· Serve as the owner’s representative and key liaison with hotel management teams

· Lead monthly performance reviews, benchmarking actual results against underwriting and budgets

· Drive annual budget planning and forecasting, ensuring alignment with business plans and investor expectations

· Provide financial and operational guidance to operators on cost controls, F&B performance, pricing strategies, and staffing

· Track Capex budgets, FF&E reserves, and coordinate with project management teams on capital improvements

· Lead or support refinancing efforts, including lender engagement and underwriting

· Assist in HMA (Hotel Management Agreement), PSA, lender, franchise and JV negotiations, including performance clauses, fee structures, and re-alignment discussions

· Deliver quarterly investor reports with key performance metrics, narrative updates, and market insights

· Contribute to long-term business planning, asset hold/sell decisions, and exit strategy development

Qualifications:

· 5–8 years of experience in hospitality-focused real estate investment, development, or asset management

· Strong financial modeling and analytical skills; advanced Excel proficiency required

· Deep understanding of hotel operations, P&L statements, STR data, and operator reporting structures

· Proven ability to manage third-party teams and drive owner-side priorities

· Bachelor’s degree in Finance, Real Estate, Hospitality, or related field (MBA or Master’s in Real Estate preferred)

· Excellent written, verbal, and interpersonal communication skills

· Self-starter with entrepreneurial instincts and ability to manage complex projects with limited oversight

About Frontier:
Frontier Development & Hospitality Group is a Washington, DC-based real estate investment and development firm focused on transformational hospitality and mixed-use projects. With over 2,135 hotel keys developed across seven states and a current pipeline exceeding $1 billion, Frontier is leading some of the most high-profile developments in the Mid-Atlantic region.

Signature projects include:

· Hill East: a 1.2M SF public-private, waterfront, mixed-use redevelopment in Washington, DC

o Phase I: Development of an AC/Residence Inn 240-key hotel and a 336-unit apartment building with retail adjacent to the new Washington Commanders stadium project.

· Philadelphia Family Court Redevelopment: an 820,000 SF adaptive reuse of a historic landmark into a Marriott Autograph hotel, new residential, retail, and a new African American Arts Museum

· Hyatt House conversion: 184- key Downtown Washington DC Convention Center hotel converted from a Cambria. One of the hottest Rooftop Lounges in DC currently (conversion of an old rooftop swimming pool/fitness). Realm (https://www.realmrooftopdc.com/).

We are mission-driven, collaborative, and entrepreneurial — committed to legacy-building, placemaking, and inclusive development.

Asset Management

Acquisitions

Development

Financial Analysis

FD&HGL

Frontier Development & Hospitality Group, LLC

• 1-100 employees

Frontier Development & Hospitality Group LLC (Frontier), is an entrepreneurial real estate acquisition and development company based in Washington D.C. It has acquired and developed a diverse portfolio of multi-family and lodging investments across seven states over a twenty-year tenure. Its hospitality experience includes the acquisition and development of over 2135 keys ($320MM+ of capitalization) of Marriott, Hilton, and Hyatt's internationally branded assets. Its $1B development pipeline includes a recently awarded, 1.2M sf public-private legacy Washington DC-based waterfront, mixed-use development project, and an 820,000-sf mixed-use Philadelphia-based project that includes an adaptive reuse historic building to an Autograph by Marriott hotel as well as the building the new African American Arts Museum. In 2024, Frontier acquired the Cambria Convention Center Downtown Washington DC hotel and is in the process of executing a $10M conversion to a Hyatt House hotel by September of 2025. Frontier aims to transform communities through place-making mixed-use development projects, that include mixed-income housing, retail, and hospitality. Its primary target is the Mid-Atlantic region for mixed-use development with selective primary and secondary targeted markets nationwide as it continues to expand its hospitality investment platform.

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