Comstock

Comstock

Asset Manager (Hospitality)

Reston, VA

Sponsorship not specified$150k-$180kDetected 22 days ago
NegotiationFinancial ModelingFinancial AnalysisValuationLeadershipCommunicationCollaborationOrganizational SkillsUnderwriting

About the role

  • Job Overview The Asset Manager, Hospitality acts as the primary representative for ownership, providing strategic oversight of third-party managed hotel assets.
  • This role is responsible for maximizing the financial performance and long-term value of the hospitality portfolio.
  • These may include, but are not limited to, your skills, experience, training, licensure, certifications, and the specific needs of the organization.

Responsibilities

  • Lead the financial analysis, reporting, and underwriting of potential hospitality transactions, acquisitions, and joint ventures.
  • Perform complex sensitivity analysis, discounted cash flow (DCF) modeling, and Net Present Value (NPV) analysis for asset repositioning scenarios.
  • Monitor and report on asset-level and portfolio-level performance to maximize returns for investors and JV partners.
  • Produce timely and accurate internal and external communications for JV partners and senior executives.
  • Manage all aspects of transaction pursuit and due diligence, including the preparation of Investment Committee materials.

Requirements

  • 5-10 years of experience in hospitality asset management or hotel investment analysis.
  • Bachelor's degree in Finance, Hotel Management, Real Estate, or a related field.
  • Proficiency in Yardi Voyager and Argus Enterprise is required.
  • Advanced skills in Microsoft Excel. Proficiency in Yardi Voyager and Argus Enterprise is required.
  • Exceptional financial modeling skills with a deep understanding of hotel P&Ls, benchmark reporting (STR), and valuation techniques.
  • Strong leadership and negotiation skills
  • ability to establish strong working relationships with third-party operators and joint venture partners.
  • Excellent communication and leadership skills
  • Strong organizational skills and attention to detail, with the ability to manage multiple priorities simultaneously.
  • Proven ability to manage competing priorities and lead support staff
  • Benefits
  • Compensation:
  • Competitive Salary with Bonus Potential

Compensation

  • Competitive Salary with Bonus Potential
  • is determined based on the unique circumstances of each candidate.
  • You may also be eligible to participate in a discretionary annual incentive program.
  • Any award under this program is subject to its rules and may depend on individual and organizational performance.
  • Virginia Compensation Range
  • Review and approve annual operating budgets and monthly reforecasts.

Benefits

  • Commuter Benefits
  • Parental Leave Program
  • Explore more perks and possibilities here for growing your career with Comstock Companies!
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This listing is sourced directly from Comstock's careers page and normalized into a canonical job model.