What are the responsibilities and job description for the Real Estate Analyst, Hospitality (Asset Management) position at Mcwhinney Real Estate Services?
At McWhinney, we do real estate differently. As an investment firm, we have the unique advantage of expertise in development, management and operations, allowing us to cultivate truly transformative mixed-use, residential, commercial and hospitality projects.
Our team blends entrepreneurial thinking with disciplined, fast-paced execution. Here, ideas flow freely, collaboration is essential, and adaptability is key. We embrace challenges, step in where needed and think beyond job titles to shape what’s next.
Guided by our values – respect, integrity, perseverance, and legacy – we strive. We strive to create places people love, to add value through all phases of the real estate cycle, and to cultivate beautiful, sustainable, connected communities that each reflect a unique sense of place. To date, McWhinney has planned and developed over 6,000 acres of master-planned communities and 13 million square feet of mixed-use, industrial, residential, multifamily, hospitality, and office properties.
If you’re driven by true and lasting community impact, speed, and innovation, this is where you’ll thrive.
POSITION SUMMARY
The ideal candidate should be intellectually curious, should thrive in an entrepreneurial setting, and should aspire to be instrumental in building an excellent organization. The Real Estate Analyst – Asset Management will be responsible for supporting all aspects of the asset management process including, but not limited to, reviewing property reporting and analysis, conducting market analysis, administering internal reporting systems, the preparation of cyclical reporting on both property and portfolio wide metrics and executive-level presentations, troubleshooting hotel properties operational issues, and communication with internal and external stakeholders.
Key Responsibilities
- Monitor, review and analyze the performance of operating teams on a daily, weekly, and monthly basis to identify and communicate trends, opportunities, and areas for correction to the asset manager. These measures include, but are not limited to, profit and loss analysis, future forecasting, pacing, sales, marketing performance, guest satisfaction, cost controls, and benchmark performance against comparable hotels in the market.
- Take primary responsibility for the development and integrity of financial models, creating new processes and procedures related to the use of each to ensure the accuracy of results.
- Perform ad-hoc analysis on strategic issues related to existing assets, acquisition opportunities, and development projects (i.e., hold/sell analysis, capex plans, strategic plans).
- Prepare reports for investors, lenders, and internal users; develop new reporting packages and efficient ways of gathering / communicating information. Ensure timely delivery.
- Administer and manage internal reporting and Business Intelligence systems.
- Participate in identifying strategic refinancing opportunities and coordinate refinancing opportunities with the Capital Markets Team, as needed.
- Track market, demographic and product-type trends, review guest scores, and other qualitative data to benchmark hotel performance.
- Interact with lending partners, third-party service providers, and on-property management for reporting purposes.
- Develop strong inter-company relationships with other McWhinney departments.
- Attend major hotel conferences, maintain deep hospitality network connections, and actively engage in continuing education through industry reading and research.
- Bachelor’s Degree in Real Estate Finance, Finance, Hospitality Management or related field
- 1-3 years of experience in a real estate development, acquisitions, finance, or asset management role; preferably with a focus on hospitality.
- Advanced understanding of financial statements with an ability to thoroughly analyze a hotel profit and loss statement.
- The ability to prioritize and handle multiple tasks and projects and the capacity to be flexible.
- Highly proficient in Microsoft office suite, including excel.
- Hotel operations experience is preferred.
- Excellent organizational skills and attention to detail.
- Strong interpersonal communication and writing.
Benefits
McWhinney offers a competitive benefits package for full-time Associates including medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k), and employee assistance plan. Additionally, we offer a generous paid time off plan that includes a week off between Christmas and New Year’s for corporate associates!
This job description is intended to provide a general overview of the position. It is not designed to be a comprehensive nor detailed description of all the responsibilities and accountability of the role. As an agile company, our positions can and do change based on the business need of the organization.
If you are a recruiter or placement agency, please do not submit resumes to any person or email address at McWhinney. McWhinney is not liable for and will not pay placement fees for candidates submitted by any agency other than its approved recruitment partners. McWhinney is not currently seeking any new recruitment partnerships. Furthermore, any resumes sent to us without an agreement in place will be considered your company’s gift to McWhinney and may be forwarded to our recruiters for their attention.
McWhinney is committed to the principle of equal employment opportunity for all associates. All employment decisions at McWhinney are based on business needs, job requirements and individual qualifications. All applicants will be considered for employment without attention to age, race, color, sex, sexual orientation, gender identity, national origin, veteran or disability status.