-
Asset Manager
2 weeks ago
Affordable Homes & Communities (AHC) Arlington, United StatesASSET MANAGER · (Arlington and Baltimore) · AHC Inc. is seeking qualified individuals with a strong background in managing a portfolio of real estate ownership and expertise in managing multiple debt products. · AHC is actively developing affordable, workforce and mixed-income re ...
-
Asset Manager
2 weeks ago
LAUNCHTECH Arlington, United StatesJob Description · Job Description · NOTE: Must be a US Citizen to be considered for this position · Overview · We are seeking an Asset Manager who plays a crucial role in the advancement of IT Service Management (ITSM) for a federal agency, focusing on the modernization and optim ...
-
Asset Manager
3 weeks ago
Dynamic Solutions Technology LLC Washington, United StatesDynamic Solutions Technology, LLC, a premier strategic services firm that meets IT and Service needs for commercial and government clients, is seeking a full-time Asset Manager This position is in Washington, DC. · Responsibilities: · Document all asset management, processes, and ...
-
Asset Management
2 weeks ago
Intecon Washington, United StatesActive TS Clearance Required ** · Overview: · Job Role: Asset Management / Property SpecialistLocation: On-Site / Hybrid / Telework with up to 25% TravelJob Type: Full TimeClearance: Active Top Secret RequiredSalary Range: $70-100KJob Posting Estimated Close Date: 6/15/2024 · ...
-
IT Asset Manager- Hybrid
2 weeks ago
Motion Recruitment Arlington, United States Full timeIT Asset Manager · The IT Asset Manager is a subject matter expert responsible for the lifecycle management and governance of the Firm's technology assets. This role ensures that IT assets are properly inventoried, maintained, and disposed of according to established policies and ...
-
Asset Management Analyst
3 weeks ago
TruAmerica Multifamily Arlington, United StatesAbout TruAmerica · Founded in July 2013, TruAmerica Multifamily is a partnership between industry veteran Robert E. Hart and The Guardian Life Insurance Company of America. The company is based on the premise that tremendous upside potential remains in mid-tier apartment communit ...
-
Asset Manager
2 weeks ago
Dynamic Solutions Technology LLC Washington, United StatesJob Description · Job DescriptionDynamic Solutions Technology, LLC, a premier strategic services firm that meets IT and Service needs for commercial and government clients, is seeking a full-time Asset Manager This position is in Washington, DC. · Responsibilities: · Document all ...
-
IT Asset Manager
3 weeks ago
Covington & Burling LLP Washington, United StatesThe IT Asset Manager is a subject matter expert responsible for the lifecycle management and governance of the Firm's technology assets. This role ensures that IT assets are properly inventoried, maintained, and disposed of according to established policies and procedures. · Work ...
-
Asset Manager
2 weeks ago
A Prentice Ray & Associates LLC Washington, United StatesJob Description · Job DescriptionWe are seeking an Asset Manager to support Real Property Management (RPM) at the Department of State. RPM is currently working on multiple design and construction projects, located in DC and other areas of the US. · Duties and responsibilities in ...
-
VP Asset Management
1 day ago
AvalonBay Communities Arlington, United StatesVP Asset Management · Position Type: · Full time · State: · Virginia · City: · Arlington · Zip Code: · 22203 · Overview · AvalonBay Communities, Inc., an equity REIT, has a long-term track record of developing, redeveloping, acquiring and managing distinctive apartmen ...
-
Asset Management Analyst
2 weeks ago
TruAmerica Multifamily Arlington, United StatesAbout TruAmerica · Founded in July 2013, TruAmerica Multifamily is a partnership between industry veteran Robert E. Hart and The Guardian Life Insurance Company of America. The company is based on the premise that tremendous upside potential remains in mid-tier apartment communi ...
-
Facility and Asset Manager
3 weeks ago
General Dynamics Arlington, United StatesResponsibilities for this Position · Location: USA VA Rosslyn - Company Proprietary (VAC477) · Full Part/Time: Full time · Job Req: RQ167280 · Type of Requisition: · Pipeline · Clearance Level Must Currently Possess: · None · Clearance Level Must Be Able to Obtain: · ...
-
Asset Management Analyst
3 weeks ago
TruAmerica Multifamily, LLC Arlington, United StatesJob Description · Job DescriptionAbout TruAmerica · Founded in July 2013, TruAmerica Multifamily is a partnership between industry veteran Robert E. Hart and The Guardian Life Insurance Company of America. The company is based on the premise that tremendous upside potential remai ...
-
Senior Asset Management Analyst
2 weeks ago
LMI Consulting, LLC Arlington, United StatesSenior Asset Management Analyst (CBP) · Job LocationsUS-VA-ArlingtonJob ID # of Openings1CategorySupply ChainOverview · LMI seeks a Senior Asset Management Analyst to support a federal program management office. Join our team of collaborative self-starters focused on delivering p ...
-
Senior Asset Management Associate
5 days ago
Turn2Partners Arlington, United StatesWe are working with a growing Real Estate Investment Trust that is expanding their Asset Management team due to recent growth. This organization will be doubling their current portfolio over the next 1-2 years and this role will play a pivot role. They are looking for a Senior As ...
-
Asset Forfeiture Manager
4 weeks ago
BD2 Consulting Washington, United States Full timeAbout the Job · Our Client, a growing organization that provides a variety of professional and administrative services to public and private organizations with global reach, is currently seeking a Asset Forfeiture Manager to support one of Government contracts. · About our Client ...
-
Asset Manager
2 weeks ago
Affordable Homes & Communities (AHC) Arlington, United StatesASSET MANAGER · (Arlington and Baltimore) · AHC Inc. is seeking qualified individuals with a strong background in managing a portfolio of real estate ownership and expertise in managing multiple debt products. · AHC is actively developing affordable, workforce and mixed-income re ...
-
Asset Manager
2 weeks ago
Launch Tech USA Arlington, United StatesNOTE: Must be a US Citizen to be considered for this position · Overview · We are seeking an Asset Manager who plays a crucial role in the advancement of IT Service Management (ITSM) for a federal agency, focusing on the modernization and optimization of IT services through the ...
-
Asset Manager
3 weeks ago
Launch Tech USA Arlington, United StatesJob Description · Job Description · NOTE: Must be a US Citizen to be considered for this position · Overview · We are seeking an Asset Manager who plays a crucial role in the advancement of IT Service Management (ITSM) for a federal agency, focusing on the modernization and opt ...
-
IT Asset Management Property Manager
5 days ago
ST2 ManTech Advanced Systems Intl Washington, United States Full timeSecure our Nation, Ignite your Future · Become an integral part of a diverse team while working at an Industry Leading Organization, where our employees come first. At ManTech, you'll help protect our national security while working on innovative projects that offer opportunitie ...
Vice President, Asset Management - Arlington, United States - Brookfield Residential Properties Inc
Description
LocationDC Office - 655 New York Avenue NW Suite 800
Business
At Brookfield Properties, we recognize that real quality lives in the details. It's why our hotels are developed and managed to the highest standards of excellence, where corners are never cut. Here, each aspect of design is deliberate. Here, our efficiency is exhaustive, and our performance is painstaking. And here, caring about our guests is at the core of everything we do.
If you're ready to be a part of our team, we encourage you to apply.
Vice President, Asset Management - Hospitality
Brookfield Asset Management ("Brookfield") is a global alternative asset manager with over $385 billion in assets under management.
With a 120-year heritage as owners and operators, Brookfield is invested in long-life, high-quality assets and businesses in more than 30 countries around the world.
Brookfield leverages its operational expertise to enhance cash flows, increase the value of underlying assets, and generate superior returns for investors.
As one of the world's largest investors in real estate, with $194 billion in assets and 17,000 operating employees, Brookfield owns and operates iconic properties in the world's most dynamic markets.
Brookfield's hospitality portfolio includes 25,000 rooms across 123 hotels including full service, select service and lifestyle hospitality assets in high-barrier destination markets around the world.
Drawing on more than two decades of experience, their industry-leading hospitality team actively manages these assets and undertakes extensive capital improvements to boost operational performance and enhance location desirability.
About the Role
Brookfield is seeking a senior real estate professional to take a leading role in the asset management of a hospitality portfolio and also support assets Brookfield is in the process of acquiring.
The ideal candidate will work as a key member of the team to maximize property valuation, optimize asset performance, ensure organizational effectiveness, implement high operational standards, and maintain strong operator relations.
This position will remotely-based, ideally near a major international airport, and this person will report to the Senior Vice President responsible for portfolio management activities for hospitality properties in North America.
The team has a Chicago- based analyst pool and dedicated resources with strong technical backgrounds in specific disciplines within the hospitality industry.
ResponsibilitiesAsset Management
Perform asset management activities, including development of capex, branding, operational, management and repositioning strategies and adherence to the detailed business plan
Act as the owner representative in interactions with hotel brand and management teams to ensure owner strategies are effectively implemented
Proactively engage with hotel teams to create and implement operating models that maximize revenue and profitability
Prepare and present weekly, monthly, quarterly, and annual asset management and portfolio reports, cash flow forecasts, and distribution analyses
Revise strategies and the accompanying business plan to address changes in market and/or property conditions as well as any amended investment strategies
Perform detailed review of weekly forecasts and pace reports, monthly financial statements, STR reports, brand audits, guest surveys and revenue management strategies to identify weaknesses and inefficiencies as well as revenue enhancement opportunities.
Lead weekly revenue calls with hotel teams and identify and implement actions to gain market share
Conduct regular expense reviews to ensure that the assets are meeting or exceeding operating targets, margins and flex / flow metrics
Conduct Monthly Operating Reviews with hotel and regional operations teams to review all areas of the operation; ensure that the asset is on track to meet or exceed business plan
Review and analyze each asset's annual business plan, sales and marketing plan, and annual budget; engage with hotel teams to discuss risks and opportunities related to the annual plan and budget
Track market activity to remain current on trends and events affecting the hospitality industry, as well as local market dynamics including supply and demand changes and trends
Negotiate and ensure compliance with third-party leases, franchise agreements, management contracts property improvement plans, and other vendor related documents that impact hotel operations
Prepare and update 5-year forecasts for each asset on a quarterly basis to drive the quarterly valuation process
Ensure that the physical integrity of the assets is maintained at an institutional quality level, via robust engineering, and preventive maintenance programs
Assist in the underwriting process for new acquisitions, assess market risk and opportunities, conduct benchmarking analyses, identify and incorporate asset-level value add opportunities into the pro forma underwriting
Analyze and report on asset level performance compared to industry benchmarks and company key performance indicators as determined through the underwriting and business plan.
Coordinate with treasury and accounting teams to assess weekly property cash flow needs, capital requirements, and property-level distributions
Coordinate with internal teams and lenders on reporting, loan agreement compliance, debt covenant tracking, draw requests and cash management requirements.
Work closely with the internal project management team and consultants to create capital budgets that help maximize revenue and profitability, and enhance the long-term value of the asset
Monitor the management and implementation of capital renovation projects and operating activities, and work with project management to ensure that capital projects are completed within the approved budget and timeline
Qualifications
At least 10 years of experience managing hospitality assets, preferably in real estate private equity or real estate asset management.
Broad geographic asset management and operational expertise
Proven track record of being lead on portfolio management
Familiar with acquisitions, the underwriting process, and onboarding assets pre and post-closing
Experience managing teams as well as coordinating with other departments and external stakeholders
Exceptional analytical skills and operational acumen to oversee and refine asset-level analyses
Effective presentation skills, including strength in verbal and written communications
An entrepreneurial spirit, with strong work ethic and high degree of self-motivation
A proactive, forward-looking approach to hospitality asset management
Ability to adapt to shifting market dynamics and develop innovative solutions
A collaborative nature, with a willingness to build and sustain productive working relationships with colleagues across various teams
Ability to influence hotel brands and operators, and create change at the asset level
Proficiency in applicable software
Willingness to travel significantly to various assets nationally
Hotel operations experience a plus
Undergraduate degree; MBA or other related graduate degree a plus
Compensation & Location
Remote or in office (Washington DC) position - travel required
Salary Type:
Exempt
Pay Frequency:
Bi-weekly
Medical & Pharmacy Coverage:
Yes, under Brookfield Medical Plan
Dental Coverage:
Yes, under Brookfield Medical Plan
Vision Coverage:
Yes, under Brookfield Medical Plan
Retirement: 401(k)
Insurance:
Employer-paid life & short/long term disability
We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.
#BPUS
#J-18808-Ljbffr
&v=024){kind=logo}
Vice President, Asset Management professionals in Arlington
-
Jong Hoon Kim
Lead Bartender
-
Susan Duarte
General Counsel
-
Ryan Henderson
Social Media Manager