Director of Asset Management

Summary :

Named for our Founder, Bruce White, White Lodging is a family-owned, multi-brand, multi-segment developer, owner and operator of premium brand, market-leading hotels, scratch-made restaurants, and award-winning rooftops in high-growth urban markets. We are one of the country's largest privately held hospitality companies focused exclusively on this segment.

Responsibilities

What You'll Do

• Participate in annual capital and operating budgeting process. Utilize existing relationships to benchmark and ensure best-in-class performance and targets consistent with long-term strategic objectives.
• Update 5-year pro formas quarterly based on latest performance / market data and conduct corresponding sell / hold analysis.
• Maintain long-range capital expenditure models for each property in conjunction with VP of Facilities and Maintenance. Identify future reserve shortfalls and develop a mitigation plan.
• Develop and execute renovation plans to minimize capital investment and maximize long-term value. Coordinate with project management team to ensure timely execution that is within budget.
• Coordinate with property tax consultant to monitor property tax assessments and manage tax appeal processes.
• Manage and coordinate the due diligence process for property acquisitions and dispositions. Participate in negotiating key business terms.
• Support leadership with preparation for tri-annual Development Committee meeting and Board of Directors meeting.

What You'll Bring

Other Information

Salary range between $120,000 - $168,000 with a base bonus of 15%.

White Lodging is an equal opportunity employer. We value diversity and are committed to creating an inclusive environment for all associates.

Location Code : A75

Salary : $120,000 - $168,000