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ELIFIN

Hospitality Specialist: Commercial Real Estate Agent

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

About the Job

Requirements

  • Direct, verifiable experience in the hotel industry, such as brokering hotel sales or portfolios; working in brand development, franchise sales, feasibility, or owner relations; hotel management, ownership, development, operations, revenue management, or asset management; appraising, underwriting, or financing hotels; or managing a hotel portfolio for an investor or family office.
  • Fluency in hotel operations, including experience using a property management system and a revenue management system, or sufficient underwriting experience with USALI statements to understand add-backs.
  • Ability to explain the effect of franchise-renewal renovation requirements and deferred capital expenditures on a hotel's value to owners.
  • Ability to prospect and build a pipeline in a territory with no inherited book.
  • Ability to advise owners, lenders, and brand development teams with strong knowledge of the hotel asset class.
  • Ability to learn and follow the company's system while bringing experience in the hospitality sector.
  • Must 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 franchise flag renewals, conversions, and independence, and the effect of each on value.
  • Represent buyers in acquisitions, including SBA-financed first purchases, 1031 exchange timelines, and portfolio roll-ups.
  • Prospect owners directly and consistently using the company database and personal relationships.
  • Build ELIFIN's reputation as an authority on South Louisiana hospitality through research, market reports, and conference participation.

About the Company

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