Associate (New York)

JLL - New York, NY

Position Summary:

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).

Responsibilities:

· 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

Qualifications:

· 2 – 4 years Commercial real estate debt , lending or Brokerage experience.

· BA/BS Degree in Business Finance, Hotel Administration, and/or Real Estate Finance

· MUST HAVE Commercial Real Estate Lending or Brokerage experience (NOT Residential)

· Strong record of academic achievement

· Hospitality-industry specific work experience, preferably in finance, accounting or valuations

· 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.)