Opportunity: Vice President, Acquisitions & Development
HHM Hotels is consistently among the fastest growing and most stable management, investment, and development firms in our sector that provides turn-key management solutions throughout a robust hotel portfolio spanning North America. The portfolio includes world-class brands in select and full service markets as well as a collection of independent, boutique, luxury and lifestyle hotels.
We are seeking a Vice President for our Equity Investment Platform responsible for sourcing, structuring, and acquiring hotel real estate in North America. The position will report to the Chief Investment Officer and be part of an ambitious and results-driven team recognized for its success in hotel acquisitions and operations. Over time, team members may participate in real estate deal investments for personal wealth creation.
Your Growth Path
Sr. Vice President of Acquisitions & Development - Executive Vice President
Your Focus
Sourcing off-market investment opportunities through existing network as well as warm and cold-calling owners of hotelsCoordinating real estate transaction structures, including multi-tiered promote structures, mezzanine financing, incentive management fees, and joint venturesLeading the underwriting, due diligence, and execution of hotel acquisitions and development opportunities and presenting findings to company executivesConducting detailed market and feasibility analyses for new markets, portfolios, and individual acquisition opportunitiesDeveloping and maintaining financial models for existing and prospective investmentsNegotiating business term sheets and contracts for management and investment opportunitiesCompiling operating data and research on industry trends, and preparing presentations for monthly acquisitions meetings and quarterly presentations to the HHM Investment Committee Working closely with other division leaders (Operations, Legal, Accounting) to develop and achieve 100 day business plans for new hotels develop relationships with key institutional partnersPerform other duties as requested by management
Your Background and Skills
Bachelor’s degree required, preferably in Finance, Real Estate, Business or Hospitality; MBA is a plus, but not required Minimum 10 years of experience in real estate or hotel acquisitions and development; Investment Banking or Private Equity experience preferred. Minimum 2 years of experience at the Senior Associate or Principal level.Deep market knowledge and experience conducting and presenting feasibility studiesExperience negotiating real estate transactions, including operating terms, capital structures, promoted interests, and joint venture documentsExceptionally strong Excel-based financial modeling skills as well as proficiency in MS Word and PowerPointStrong analytical, problem solving, and decision-making skillsDemonstrated track record with external client relationshipsSuperior presentation as well as verbal and written communication skills
HHM Hotels Benefits and Perks
Competitive wages for full time and part time opportunitiesMedical, Dental and Vision Health InsurancePaid Time Off401k Company MatchFree Basic Life InsuranceTravel DiscountsCommuter Transit and Commuter Parking BenefitsEmployee Assistance and Wellness ProgramEducational/Professional DevelopmentReferral Bonus Program
Work Environment and Context
Extended work hours may be required as needed and determined by deal flowOccasional travel to managed properties and potential investment properties
What We Believe
People Are Our Capability – Hearts That Serve – Only Excellence – Stay Nimble - Own It
About Us
HHM Hotels is proud to be an equal-opportunity employer. We do not discriminate on the basis of race, color, gender, gender identity, sexual orientation, marital status, pregnancy, national origin, ancestry, age, religion, disability, veteran status, genetic information, citizenship status, or any other group protected by law.
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