Associate, Hotels and Hospitality Group

Job description

JLL’s Hotels & Hospitality Group is currently seeking a highly motivated and qualified individual with relevant hospitality/real estate work experience to join our New York office as an Associate.

Responsibilities: 

·  Support Hotels & Hospitality team members in securing listings, marketing and closing of real estate transactions. 
·  Review financial data inputs from P&L statements into valuation models; may also be required to input financial data as needed.
·  Apply Uniform System of Accounts for Hotels to raw financial data.
·  Independently complete asset valuations using discounted cash flow, income capitalization, leveraged IRR, comparable sales and construction cost techniques.
·  Evaluate and apply value enhancement strategies for underwriting purposes under the supervision of senior team members.
·  Collect and effectively present qualitative and quantitative information supporting the transaction process.
·  Independently prepare presentations, offering materials and miscellaneous reports.
·  Review legal documents, agreements, licenses, third-party engineering/environmental reports and miscellaneous documentation relevant to the transaction process.
·  Execution of limited client-facing communications on a technical level
·  Supervising and reviewing work performed by analysts

Qualifications:

·  3-5 years financial/real estate transaction experience. Hospitality-industry specific work experience highly preferred
·  BA/BS degree in Business Finance, Hotel Administration and/or Real Estate Finance
·  Strong desire for a career in Real Estate focused exclusively on Hospitality
·  Strong record of academic achievement
·  Demonstrated quantitative skills
·  Hospitality-industry specific work experience, preferred but not required
·  Strong verbal and written communication skills
·  Strong organizational skills
·  Ability to work independently while also maintaining rapport with a team
·  Ability to work within formal reporting relationships
·  Flexibility to work after normal business hours and on weekends as needed
·  Strong computer skills (Word, PowerPoint, Excel, etc.)
·  Attention to detail
·  Ability to work on multiple projects simultaneously
·  Candidates must be authorized to work in the United States
·  Ability to travel domestically and internationally

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