Vice President of Investment Analysis

The Vice President of Investment Analysis is an integral member of Crescent's Business Development team. They will be responsible for leading the underwriting for prospective management opportunities for Crescent by evaluating existing and to-be developed hotels, that may be tied to an investment sale with new ownership, existing ownership looking to change managers or RFPs run by 3rd party consultants/advisors.

You will thrive working in a team-focused and high-growth environment, where the organization's commitment to its culture, accountability and values matter. This hybrid role works within the Business Development department and will report directly to the Executive Vice President, Business Strategy.

Here is what we offer in this role:

• Highly attractive compensation package, including commission & incentive programs.
• Exceptional benefit plan for eligible associates & their family members.
• RSP/401K matching program for eligible associates.
• Flexible scheduling to help you with work/life balance.
• Opportunity to grow with us, a top rated company on Glassdoor.
• Discounts to any of our Crescent managed properties in North America for you & your family members.
• A workplace that you can be proud of, where you are valued, trusted and supported by the team.

Here is what you will be doing each day:

• Provide direction and oversight in the 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.
• Comprehensive review of financial results of hotel assets.
• Creation and review of highly detailed operating pro formas.
• Valuation analysis for individual assets and on a comparative basis.




• Understand and review of debt financing options for potential acquisitions and opportunities.
• Participate in the evaluation process of opportunities, including conducting due diligence on hotel assets.
• Prepare and present formal memoranda and other recommendations to owners/investors/clients.
• Support and supervise 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.

Knowledge, Skills and Qualifications we are seeking:

• 8+ years' professional experience in Investment Analysis, Business Development or a similar role within the hospitality industry.
• Thorough, well-rounded knowledge of U.S. lodging industry, including markets and 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.
• Exceptional 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.
• Progressive experience in the US lodging industry with specific knowledge and exposure in hospitality real estate, finance or brokerage.
• Bachelor's degree in finance, business, hospitality or related discipline.
• Ability to travel.
• Prior leadership experience, specifically leading and managing a team.
• Prior experience working in either hotel operations or finance is highly preferred.