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Senior Director of Investment Analysis

Crescent Hotels & Resorts, Operations

Crescent Hotels & Resorts

10306 Eaton Place
Suite 150

Fairfax, VA 22030

Telephone (703) 279-7820

Crescent Hotels & Resorts

Corporate Office

Working Here

Founded in 2001 by CEO Michael George, Crescent Hotels & Resorts lives in the belief that your drive to be the best is the force which has made Crescent Hotels & Resorts the Hotel Operator and Employer of Choice.Meet several of our associates and hear their story. With thousands of associates at Crescent, we make every day one of adventure where you can make a difference.

We Know Benefits 

Dedicated, satisfied, and engaged associates are the key to our continued success. 

At Crescent Hotels & Resorts, we strive for innovative ways to enhance our comprehensive selection of benefit offerings. Crescent associates working as few as 24 hours a week are eligible for our extensive menu of benefit programs.

Crescent's benefits offerings include:

  • Healthcare insurance and prescription drug coverage
  • Dental insurance
  • Vision insurance
  • Flexible/dependent-care spending accounts
  • Life insurance and supplemental life insurance
  • Short/long-term disability insurance
  • Domestic Partner coverage
  • Employee Assistance Program
  • 401(k) with employer matching
  • Paid holidays, vacation, and personal time off
  • Tuition reimbursement program
  • Discounted hotel rooms for associates and family

Senior Director of Investment Analysis

Crescent Hotels & Resorts

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The Corporate Senior Director of Investment Analysis is an integral member of Crescent’s Business Development team. S/he will be responsible for underwriting prospective management opportunities for Crescent by evaluating (a) existing and (b) to-be developed hotels, that may be tied to (i) an investment sale with new ownership, (ii) existing ownership looking to change managers or (iii) RFPs run by 3rd party consultants/advisors. The individual will thrive on working in a team-focused and high-growth environment, where the organization's commitment to its culture, accountability and values matters. This position works within the Business Development department and will report directly to Vice President of Investment Analysis. 

Remote position within the United States or Canada

RESPONSIBILITIES•Underwrite and screen lodging investment opportunities for institutional investors on assets undermanagement or potential acquisitions with regards to investment opportunities, profitability and exit strategies.

•Analyze core, value-add and new development opportunities across chain scale segments, including soft-branded hotels and independent hotels.

•Create business plan thesis to support underwriting based on market, asset enhancement and management opportunities.

•Prepare and present formal memoranda and other recommendations to owners/investors/clients.

•Manage (directly or via supervision of others) transaction due diligence and transition processes, including coordination with brands, internal departments, owners, consultants, financing sources and other counterparties.

•Actively develop and deepen the firm’s network of sources of deal flow with brokers, influencers, existing owners and prospective clients.

•Have a deep expertise in the major U.S. markets. Summarize reports of economic indicators for local and regional markets to anticipate future growth and opportunities in certain locations.

•Mentor one or more analysts, associates, and/or other personnel.

•Proactively identify opportunities for internal and external process improvement and coordinate with relevant departments to implement.

•Contribute, at the direction of senior management, to special projects requiring data analysis to improve company's business model and expand its competitive edge.

•Represent the firm at lodging industry conferences and other events.

•Serve as a team player with the business development department; ability to agile and team oriented.

•Thoroughly understand and actively promote Crescent’s culture and core values.

•Assist with identifying and recruiting talent to the Business Development team.

•Actively foster relationships with personnel in other departments.

QUALIFICATION STANDARDS

Education & Experience:

• Minimum 5 years of U.S. lodging industry knowledge with experience in hospitality real estate, finance or brokerage.

• Bachelor degree in finance, business, hospitality or related discipline

• Ability to oversee elements of underwriting and execution process for hotel transactions, including:

         Creation and review of sophisticated financial models for evaluation of various investment criteria, including IRR and cash             flow waterfalls.

         Review of financial results of hotel assets.

         Review / creation of highly detailed operating pro formas.

         Valuation analysis for individual assets and on a comparative basis.

         Understanding of debt financing options.

• Experience conducting due diligence on hotel assets, including evaluation of Property Improvement Plans.

• Thorough, well-rounded knowledge of U.S. lodging industry, including trends, such as evolution of brands and consumer desires.

• Strong, demonstrable business and technical writing skills, including ability to draft or contribute to reports, investment memoranda, presentations and the like.

• Strong Excel modeling skills – able to work within existing, complex models and create smartly designed ad hoc analyses to support underwriting.

• Strong, demonstrable oral communication skills, including the ability to present to internal and external audiences.

• Reputation as a team player with a strong work ethic, integrity, candor and willingness to accept responsibility and accountability for their work.

• Must be able to operate independently.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

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