Vice President - JRK Investors
JRK Property HoldingsAbout the role
Job Details
Job Location LOS ANGELES, CAPosition Type Full TimeEducation Level Graduate DegreeSalary Range $300000.00 - $500000.00 SalaryTravel Percentage Up to 50% Job Shift DayJob Category Real EstateDescription
As the Vice President of Hotel Investments, you will support our Investments team in identifying, evaluating, and executing real estate investment opportunities.
The How…
Your focus is on developing and implementing strategic plans for acquiring hospitality properties that align with the company's investment goals.
You will use your solid commercial real estate background, extensive acquisition experience, and a proven track record of building successful commercial real estate portfolios to identify and source potential investment opportunities through market research, networking, and relationships with brokers and developers.
You are an excellent negotiator who can build relationships and close deals.
The Details…
- You will work full-time, Monday through Friday.
- We offer many benefits to meet your needs, including medical, dental, vision, and basic life insurance options. The company provides auto-enrollment in its 401(k) plan after 60 days of employment. New employees accrue 80 vacation hours in the first year and earn paid sick leave per state or local requirements*. Eligible employees also receive paid holidays for ten holidays each year**.
About JRK…
JRK Property Holdings is a vertically integrated private equity real estate company with $8 billion in assets in 26 states. The company has been one of the country's most prolific buyers of multifamily properties, owning and operating approximately 30,000 units and consistently ranking among the top owners and managers in the NMHC top 50 rankings. JRK’s time-tested ability to identify attractive investment opportunities and reposition properties physically and operationally has helped JRK deliver outsized risk-adjusted returns to investors over the past 30 years. JRK has more than $6.5 billion in buying power through its fully discretionary multifamily and hospitality funds. Since its inception, JRK has owned and operated 13 limited, full-service, and boutique hotels in top-tier markets nationwide. With the hospitality fund, JRK is expanding its hospitality division to rival the size of our multifamily division.
We can’t be an industry leader without you. Apply Now!
*The Company provides at least 40 hours of Paid Sick Leave per year in states with no state mandate. **To be eligible for holiday pay, employees must have completed 30 days of employment as of the holiday date.
Qualifications
Required Skills and Abilities
- Excellent verbal and written communication skills with the ability to write and speak clearly and free of typos or grammatical mistakes
- Treats everyone with respect and dignity, accepts responsibility and takes ownership of tasks, follows through on commitments, and maintains confidentiality
- Excellent organizational skills and attention to detail, strong time management skills with a proven ability to meet goals and deadlines
- Ability to function well in a fast-paced, high-volume environment
- Proficient with Microsoft Office Suite or related software
Education and Experience
- Bachelor’s degree in finance, business administration, real estate, or related field; master's degree is preferred
- At least five years of experience in real estate investment analysis and management
- Strong financial analysis skills and proficiency in real estate valuation techniques
- Excellent communication and interpersonal skills
- Proven track record of successfully supporting and assisting senior executives in the real estate industry
Physical Requirements
- Expected work hours: 7:30 to 5:00, Monday through Friday, with occasional weekends and the ability to work hours that support business needs
- Travel: Frequent and regular business trips with overnight stays are required to various business
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