Senior Associate, Investments (Hospitality)

Location

Business - Real Estate

Brookfield Real Estate Group is one of Brookfield’s primary operating groups. The Real Estate Group is one of the world's largest investors in real estate, with a global portfolio that includes office, retail, multifamily, logistics, hospitality and alternative real estate assets on five continents. The Group owns and operates approximately $268 billion of assets representing the most iconic properties in the world’s most dynamic markets. We seek to generate value by leveraging our operating expertise and focusing on our core real estate capabilities of leasing, financing, development, design and construction as well as property and facilities management. For more information, visit https://www.brookfield.com/our-businesses/real-estate.

Brookfield Culture

Brookfield has a unique and dynamic culture.  We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader:  Entrepreneurial, Collaborative and Disciplined.  Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

Brookfield Asset Management’s North America hospitality holdings total over 29,000 guestrooms across 100+ properties valued at ~$10 billion across multiple different chain scales (from Economy to Luxury). We seek to maximize asset value in each of our assets through renovation, rebranding, expansion or other value. BPG also owns hospitality assets outside of North America. Our global portfolio also contains premier assets in Europe, the UK, Asia and Australia.

Brookfield is seeking a Senior Associate who will focus primarily on opportunistic corporate-level and direct hotel real estate acquisitions for BSREP. In addition to working on opportunistic investments for BSREP, the Senior Associate will gain exposure to other real estate investment strategies through other Brookfield sponsored investment platforms. 

Responsibilities

• Performing complex financial analysis and valuations

• Conducting market research

• Lead due diligence streams and transaction closing

• Writing investment committee memorandum and presenting investment recommendations.

• Work closely with junior and senior team members, senior management, Brookfield affiliates and investors

• Networking with investment bankers, brokers, owners, and brands, etc. to optimize deal flow

• Working closely with the asset management team throughout the investment process and facilitating a smooth transition post-closing

Candidate Profile

• Bachelor’s degree in Finance, real estate, hospitality management or a related field

• 4-7 years of experience in investment banking, M&A, real estate investing, and/or private equity

• Exceptional analytical, financial modeling and valuation skills

• Attention to detail and ability to learn quickly

• Excellent interpersonal and communication skills

• Self-directed and motivated with ability to work independently and as part of a team

• Reliable, diligent, and hard working with capability to thrive in a high-energy, fast-moving environment

• Proficiency in full suite of Microsoft Office products (Excel, PowerPoint, and Word)

• Extensive knowledge of hotel operations and capital markets, ideally with a track record of closing hotel transactions

• Outstanding communication skills, both written and verbal

• Leadership capabilities and a business builder

• Unquestionable ethics and integrity

Salary Range: $250,000 - 280,000

Our compensation structure is comprised of a base salary and a short-term incentive program (cash bonus). Cash compensation tends to vary based on geography to account for local market conditions and is set to be market competitive. Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education and designations.

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it.  Accordingly, we do not tolerate workplace discrimination, violence or harassment.