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Avistone, LLC

Vice President of Acquisitions, Hospitality

Salary
Competitive
Employment
Full Time
Real Estate Field
  • Acquisitions
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This job is no longer active.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


  • Acquisitions
 

Job Sector


  • Hospitality / Entertainment
 

Experience


5+ to 7 years


This job is no longer active.

 
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