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Development Sr. Associate / Director

Company is confidential
Salary
Competitive
Employment
Full Time
Real Estate Field
  • Development
Location
New York
Region
NY
Postal Code
10036
Country
United States

This job is no longer active.

Description


Manage all aspects of the development process of complex urban hotel development projects. This includes all phases of a development project including acquisition, financing, zoning/entitlements, design, permitting, construction, leasing, and disposition. Coordinate hotel efforts related to hotel acquisitions, dispositions, and other transactions.  The job is located in Manhattan, NY.

 
Principal Responsibilities:

  • Source deal opportunities that align with the company’s growth and objectives.
  • Investigate potential acquisition and development opportunities that may include mixed-use hotel, retail, residential, and co-working platforms.
  • Perform analytical studies to demonstrate the feasibility of the business plan for new acquisitions analyzing the impact of entry and/or expansion into key markets.
  • Work closely with the Legal Team to negotiate term sheets, leases and purchase contracts.
  • Assist in due diligence efforts on acquisition and development opportunities.
  • Ability to travel, primarily domestically, approximately 30% of the time.

Experience: 

  • Bachelor’s Degree in related field; preference given to candidates with MBA or Master’s degree.
  • Minimum of 3 years of development and/or acquisitions experience; prior hotel and mixed-use experience preferred.
  • Demonstrated ability to work independently and proven entrepreneurial skill.
  • Strong quantitative background in real estate and hotel finance, including financial feasibility analysis, design, financing, permitting, construction, and project management.
  • Must possess attention to detail, confidentiality, integrity, and the ability to maintain a high level of professionalism.
  • Experience identifying and qualifying leads to close real estate acquisitions is important.
  • Strong networking skills and established reputation among industry peers and colleagues.
  • Comfortable and confident leveraging existing relationships and forging new ones to source off-market deal opportunities.
  • Strong oral and written presentation skills.
  • Highly analytical and strong Excel modeling skills.

Job Functions


  • Acquisitions
  • Development
  • Planning/Entitlement
 

Job Sectors


  • Hospitality / Entertainment
  • Office
  • Retail
 

Experience


2+ to 5 years


This job is no longer active.

 
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