Associate (New York)
JLL - New York, NY
Position Summary:
OVERVIEW
Jones Lang LaSalle’s Hotels & Hospitality Group is currently seeking a highly motivated and qualified individual with relevant hospitality/real estate finance work experience to join our NY office as an Associate. (Previous Lending or Debt experience).
ESSENTIAL FUNCTIONS
- Support Jones Lang LaSalle’s Hotels & Hospitality Group team members in securing listings, marketing and closing of real estate finance transactions
- Independently prepare presentations, financing memorandums and miscellaneous reports
- Review financial data inputs from P&L statements into valuation models; may also be required to input financial data as needed
- Perform debt sizing analysis
- Manage the collection of all necessary due diligence materials for new campaigns
- Independently complete preliminary asset valuations using discounted cash flow, income capitalization, leveraged IRR, comparable sales and construction cost techniques
- Supervise and review work performed by analysts
- Facilitate the closing due diligence process.
- Review legal documents, agreements, licenses, third-party engineering/environmental reports and miscellaneous documentation relevant to the transaction process.
- Successful execution of limited client-facing communications on a technical level
- Assist in all aspects of the marketing campaign including: managing confidentiality agreements, updating CRM software and distributing status reports
EDUCATION AND EXPERIENCE
- BA/BS Degree in Business Finance, Hotel Administration, and/or Real Estate Finance
- 2 – 4 years Commercial Real Estate Debt, Lending, or Brokerage experience.
- MUST HAVE Commercial Real Estate Lending or Brokerage experience (NOT Residential)
- Hospitality-industry specific work experience, preferably in Finance, Accounting, or Valuations
- Strong record of academic achievement
KNOWLEDGE, SKILLS, AND ABILITIES
- Strong verbal and written communication skills
- Strong organizational skills and attention to detail
- Ability to work independently while also maintaining rapport with a team
- Ability to work within formal reporting relationships
- Flexibility to work after normal business hours and on weekends as needed
- Strong computer skills (Word, PowerPoint, Excel, etc.)
- Ability to work on and prioritize multiple projects simultaneously
- Candidates must be authorized to work in the United States
- Ability to travel domestically and internationally
Start a lasting career with JLL today!
Total Rewards reflects JLL’s investment in employees’ needs and preferences in Career, Recognition, Well-being, Benefits and Pay. We offer a competitive salary and benefits package. To be considered, please visit our Web site at www.us.am.joneslanglasalle.com/UnitedStates/EN-US/Pages/Careers.aspx to apply online. All resumes MUST BE submitted via our web site. Please reference Job 47952BR
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Posted: 30+ days ago
