Overview

Full Job Description
Ackman-Ziff is currently seeking a highly motivated and qualified individual with relevant debt/equity experience in the hospitality sector to join our New York office as an Associate.

Job Description and Responsibilities

The Associate will be a member of the transaction execution team and will work closely with senior management to provide clients with the most attractive capital solutions available in the market.

Responsibilities will include:
Perform preliminary underwriting analysis using discounted cash flow analysis, income capitalization, leveraged IRR and comparable sales and cost analysis
Prepare lender presentations, offering memoranda and marketing materials including detailed market studies, cash flow analysis, transaction highlights and project descriptions
Present offering memorandum to prospective capital sources
Manage the collection of all required due-diligence materials
Work closely with senior management to assist in the execution of debt, mezzanine, and equity financings
Review term sheets, loan documentation, third party reports and miscellaneous documents relevant to transactions
Identify and research real estate property trends, debt capital markets and equity trends to provide clients and internal sources with sophisticated market color
Oversee and review work performed by analysts and interns
Attend client meetings to support the origination of new opportunities
Execution of limited client-facing communications on a technical level

Skills/Qualifications

BA/BS degree in Business Finance, Hotel Administration and/or Real Estate Finance and/or two to three years’ experience in commercial brokerage or lending; hospitality-industry experience preferred. Master’s degree is a plus.
Financial analysis/underwriting experience including advanced modeling skills in Excel
Strong written and verbal communication skills to manage both internal and client expectations
Ability to work in a team environment while possessing excellent self-motivational and entrepreneurial skills
Ability to multi-task and prioritize between multiple projects with deadlines in the same timeframe with a strong attention to detail
Debt capital markets knowledge a plus
Strong organizational skills
Ability to work independently while also maintaining rapport with a team
Strong Microsoft Office skills (Word, PowerPoint, Excel, etc.); ARGUS experience a plus.
Candidates must be authorized to work in the United States

Compensation/Benefits

Competitive salary / bonus structure
Attractive health benefits

Please send resumes to hr@ackmanziff.com with subject: Hotel Associate Posting

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