Job Description
Hospitality Asset Manager
Status: Full Time
Career Level: 3-5 Years of Relevant Investment Experience
Benefits: 100% Medical, Dental, Life, and AD&D Insurance; Voluntary Vision Plan, Short-Term Disability and Long-Term Disability Insurance; Wellness Program; Voluntary 401K Retirement Plan with 100% Employer Match up to 6% of Gross Pay; Paid Time Off
Reporting Relationships: This position reports directly to the VP of Asset Management
Summary:
The RADCO Companies is an Atlanta-based real estate investment company formed in 1994. With a diverse portfolio of commercial real estate investments, RADCO's entrepreneurial and creative approach to real estate has allowed the company to participate in some of the most complex transactions and turnarounds in the industry. The RADCO Companies is currently seeking a new Hospitality Asset Manager to support the Company's hospitality investments. The Hospitality Asset Manager will work with a team of analysts to develop, implement, and adjust investment business plans, track and benchmark investment performance, report on investment health, and recommend capital events. The Hospitality Asset Manager's duties will include:
Implement asset management functions on RADCO's hospitality portfolio
Develop, adapt, and execute business plans to meet changing macro- and micro- market trends
Run financial and valuation models to identify and track investment goals
Prepare internal and external reporting
Conduct regular hold-refinance-sell analyses to determine timing of capital events
Assist with planning, budgeting, and executing renovation and development plans
Work with acquisitions team to identify target markets and develop financial pro formas, capital budgets, and business plans
Maintain working relationships with management companies and development partners to implement investment plans
Perform detailed review of financials, STR reports, and data points to identify inefficiencies or opportunities to maximize profitability and valuations
Education / Experience and Technical Requirements:
Four-year college degree with a preference in Real Estate, Hotel Management, Finance / Business Analytics, or Economics
Qualified candidates may have worked or currently work for hotel management companies, private equity firms, large real estate developers, real estate consulting organizations, or similar entities
Hospitality management and/or development experience a plus
High proficiency in Excel with strong writing skills required
Possess strong analytical and mathematical aptitude, particularly in financial analysis
Ability to travel nationally up to 40%, plus locally for property inspections
