Salary Range: $175 - $195k
Pacific Hospitality Group provides a unique value proposition to investors and team members through our owner/operator approach. We are a family focused company committed to long term holds that enable us to grow our business and our team members. Our vision is to enrich people's lives by offering memorable experiences, giving back to our communities and honoring God in all that we do. We are focused on long term value creation and sustainable growth.
WHAT YOU WILL ACCOMPLISH
We are seeking a highly motivated and experienced Vice President of Business Development to join our Capital Markets and Investment team. The successful candidate will be responsible for raising equity for our Evergreen Fund and other projects, as well as managing investor relations. This position offers a great opportunity to join an experienced team of dedicated professionals operating in a highly successful environment and offers close partner and client interaction. The Capital Markets team is dedicated generate substantial returns for our investors through investment in high performing real estate assets. The Vice President of Business Development will play a critical role in our team by strategizing and executing fund-raising initiatives to support our real estate investment objectives.
This individual will develop and maintain relationships with investors, presenting investment opportunities, and managing the overall fundraising process for our real estate fund. Other responsibilities include but are not limited to:
• Fundraising and Investor Relations : Lead fundraising efforts to secure capital for our Evergreen Fund as well as other real estate investments. Develop and maintain strong relationships with potential investors, including institutional investors, family offices, and high-net-worth individuals.
• Strategic Planning: Develop and implement strategies for raising capital.
• Compliance and Regulation : Ensure all fundraising activities comply with relevant legal and regulatory requirements. Coordinate with legal advisors to prepare and review fund documentation and investor agreements.
• Communication : Regularly communicate with investors to provide updates on fund performance, investment opportunities, and market insights.
WHAT YOU WILL BRING
•Bachelor's Business, Finance, Economics and/or related disciplines
•A minimum of (5) five years of progressive in a similar role, with a proven track record of raising equity for real estate projects, Private Equity or Placement Agents
•Proven exceptional written and interpersonal skills, with the ability to build strong relationships with investors
•MS Office Suite i.e. advanced skill within MS Excel is a must
•Must have the ability to work in a highly collaborative environment
•Has the ability to mentor, train, and lead a team respectfully
•Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists
•Strong analytical and problem-solving skills, with the ability to think strategically and make sound business decisions
•A deep understanding of the real estate industry, with a focus on hospitality •Familiarity with managing a network of Limited Partners relationships •Excellent grasp of alternatives asset class
•Ability to wear multiple hats, perform well under pressure, and self-initiate
•Acute attention to accuracy and detail
•Highly motivated individual with demonstrated initiative, independence, and adaptability
•Extensive experience with Microsoft PowerPoint and Excel
•Will have a track record raising funds from global investors; ideally demonstrating experience in raising $1bn
•This role will be based in the US
GREAT IF YOU HAVE
•Can bring a network of Sovereign Wealth Funds, Endowment Funds and Pension Funds to the business
•Executives from top tier investment funds would be preferred, however investment banking professionals or placement agents can be considered
We provide equal employment opportunities to all employees and applicants for employment and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity, or expression, or any other characteristic protected by federal, state, or local laws.
This policy applies to all terms and conditions of employment including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.