You are viewing a preview of this job. Log in or register to view more details about this job.

Hospitality Asset Management Intern

McWhinney
Email

Position Summary:

This Intern Position will aid certain business lines and some operational areas to develop a full understanding of the Hospitality Asset Management teams’ operations. This position will be responsible for work with the Asset Management team to design tasks, collaborate with team members to get projects completed, possible market research, and additional related tasks.

 

This internship will last 3 months from around June 3rd – August 30th, with the start date being flexible depending on school schedule.

Key Responsibilities:

  • Assists with the evolution of the company’s proformas, including creating new models and customizing existing models to handle a wide variety of situations, as needed
  • Underwrite a variety of hospitality real estate investment opportunities using Excel-based underwriting models, including complex cash flow, leverage, IRR/NPV, and fund/partnership waterfall modeling. Construct various sensitivity scenarios to determine the impact of any changes in financing or construction scheduling to the developer and equity partners
  • Monitors macroeconomic performance fundamentals, comp sets, target markets, supply/demand, economic drivers, as directed, and create reports to easily convey this information to senior management on a periodic basis. Manage the company’s market data research files
  • Support the due diligence process for potential hospitality transactions including analyzing competitive properties, reviewing market supply/demand fundamentals, analyzing financials, sales and revenue and various other reports
  • Assist with the development of equity investment memorandums, finance offering memorandums, and investment committee presentations
  • Assist with monthly and quarterly reporting for the entire hospitality portfolio
  • Analyze monthly financial statements of hotels and attend monthly meetings with property level executive committee members
  • Develop strong intercompany relationships with other McWhinney departments

 

Apply for the position: https://www.paycomonline.net/v4/ats/web.php/portal/448462F693A5B7593DE84C8258DAD3F9/jobs/194209