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Vice President of Acquisitions, Hospitality

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
Lone Tree
 CO
Postal Code
80124
Country
United States

This job is no longer active.

Description


Avistone, a commercial real estate investment firm with a 3.7 million square foot portfolio and national footprint, is seeking a high-energy and detail-oriented Vice President of Acquisitions to join our newly formed hospitality group who will assume hands-on responsibility for sourcing, underwriting, negotiating purchase agreements, overseeing due diligence and closing the acquisition of hotel properties and non-performing/defaulted hotel notes throughout the U.S.  The successful candidate will have an extensive analytic and financial background in hotel lending and/or investments.  

THIS POSITION CAN BE LOCATED REMOTELY ANYWHERE IN THE U.S.
 

Job Responsibilities:

  • Source hotels/hotel note acquisition opportunities via our extensive broker database and your own existing relationships with sellers and lenders
  • Continue to develop the broker/lender database and relationships
  • Work with the Acquisitions Manager to collect, organize, review and analyze due diligence information 
  • Formulate offers to purchase and negotiate the terms of the purchase
  • Work closely with General Counsel to negotiate executable purchase agreements
  • Oversee the development of sophisticated financial models including complex financing and waterfall cash flow elements   
  • Manage due diligence, escrow and the closing process for acquisitions
  • Assist the Vice President of Investor Relations in interactions with and analyses for investors 

Knowledge and Skills:

  • Extensive hotel lender relationships 
  • Exceptional modeling, Excel skills
  • Effective oral and written communication skills
  • Outstanding quantitative and analytical skills
  • Ability to maintain confidentiality and display good judgment
  • Ability to communicate with brokers, lenders, sellers, legal counsel, high net-worth individuals and institutional investors in a courteous and professional manner
  • Strong attention to detail
  • Ability to work in a fast-paced office environment to meet deadlines and handle multiple projects simultaneously
  • Fresh and creative thinker
  • Ability to maintain quantity without sacrificing quality

 Qualifications:

  • Bachelor's degree in finance, real estate, accounting or a related field
  • 5+ years of full-time experience in hotel acquisitions and/or lending
  • Ability to travel as necessary at times with short notice

Comments:

  • Competitive salary and bonus or success fee structure
  • Participation in the executive team profit sharing pool
  • Generous health, dental, vision care insurance package
  • Paid sick, holiday and vacation time
  • Upbeat and collaborative company culture
  • Can be located in our Lone Tree (Denver), CO corporate office or San Diego, CA office or remotely anywhere in the U.S.

Job Function


 
 

Experience


5+ to 7 years


This job is no longer active.

Acquisitions Hospitality / Entertainment Lone Tree Full Time CO Acquisitions Acquisitions Associate other