Skip to Main Content
← Back to Jobs

VP of Hospitality Acquisitions

Thor Equities New York ,NY
  • Expired: over a month ago. Applications are no longer accepted.
Job Description

Responsibilities:

  • Build and execute hospitality acquisition strategy
  • Source deals that present excellent financial opportunities both with short-term and long-term upside potential, specializing in hospitality assets
  • Cold call and contact brokers, landlords and developers to identify new on- and off-market leads on properties
  • Leverage persuasive negotiation skills to optimize deal terms and close acquisition transactions
  • Oversee analysis and utilize market research (including demographics, psychographics, supply and demand data) to accurately underwrite and structure transactions for potential asset purchases
  • Partner with internal teams and attorneys to handle all aspects of mergers and acquisitions, dispositions, and recapitalizations
  • Strategize with key leaders to orchestrate financing on all deals
  • Drive due diligence process by incorporating subject matter experts, verifying underwriting assumptions, and dissecting operational complexities; escalate issues and make recommendations based on findings
  • Provide frequent status reports on all potential acquisitions
  • Lead transition process to hand-off newly acquired properties/portfolios to Asset Management and other relative departments post-purchase
  • Attend industry events to expand network and cultivate contacts

Job Qualifications:

  • Must be able to take a deal from inception to closing
  • Minimum of 7 years of extensive hospitality experience
  • Thorough understanding of deal structuring, lease language and negotiations
  • Self-starter and able to work independently with the ability to work in a team environment
  • Extreme attention to detail, superior financial acumen and in-depth knowledge of hospitality operations
  • Exceptional verbal and written communication skills along with strong presentation skills
  • Positive, proactive work ethic and approach
  • Well-developed organizational skills, flexible and ability to multi-task
  • Able to work in a fast-paced evolving environment
  • Excellence in relationship management
  • Computer savvy with financial modeling tools
  • Willing to travel extensively
  • Masters degree preferred

Thor Equities

Address

New York, NY
USA