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ELIFIN

Hospitality Specialist: Commercial Real Estate Agent

Real Estate SalesConfirmed live in the last 24 hours
Full-timeLafayette, LA, USA

About the Job

Requirements

  • Direct, verifiable hotel-industry experience in one or more of the stated areas: hotel brokerage; brand-side development, franchise sales, feasibility or owner relations; management-company or ownership-group roles in general management, area or regional operations, revenue management or asset management; hotel development, ownership or operations; appraisal, underwriting or financing on the lender or investor side; or hotel portfolio management for an investor or family office.
  • Fluency in hotel operations, with experience using a property management system and revenue management system, or substantial experience underwriting USALI statements.
  • Ability and willingness to build a pipeline through direct and consistent owner prospecting; there is no inherited book.
  • Ability to advise owners, lenders and brand development teams as a knowledgeable hospitality-sector specialist.
  • Coachability on the company's system despite prior sector experience.
  • Call Louisiana home and intend to stay.
  • Active Louisiana real estate license, or ability to obtain one before starting.

Responsibilities

  • Generate and service hotel sale assignments across South Louisiana.
  • Underwrite and value hotels using RevPAR, ADR and occupancy against the comp set, segmentation mix, USALI profit-and-loss statements, GOP and flow-through, franchise fees, FF&E reserves, PIP exposure and third-party management economics.
  • Normalize owner-operator financials to institutional standards, including market management fees, market payroll, funded FF&E reserves and market-rate insurance.
  • Conduct market and feasibility analysis, including comp-set construction, penetration indices, demand segmentation across transient, group, contract and crew, and permitted and under-construction pipeline analysis.
  • Advise owners on flag decisions, including renewals, conversions and independence, and their effect on value.
  • Represent buyers in acquisitions, including SBA-financed first purchases, 1031 exchange timelines and portfolio roll-ups.
  • Prospect hotel owners directly and consistently using the company's database and personal relationships.
  • Build the company into a recognized authority on South Louisiana hospitality through research, market reports, conference presence and reputation.

About the Company

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