Senior Associate

**Job Information**:
Work Arrangement

**Onsite**
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City

**Bogota**
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State/Province

**Distrito Capital de Bogotá**
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Country

**Colombia**
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**Fuel Your Future and Redefine Hospitality**

Fuel your future as a Senior Associate in Real Estate Partnerships, where teamwork makes the dream work. Embrace a work-life balance that aligns with our commitment to accountability and positive community norms. Picture yourself immersed in a dynamic environment, utilizing advanced skills to underwrite properties and shape the future of hospitality and home experiences. Join us, step out of your comfort zone, and build a future where great people like you drive innovation and redefine the industry. Your journey awaits

**Job Summary**:
Be part of our client’s team as a **Senior Associate in Real Estate Partnerships**, where your primary responsibility is to facilitate the underwriting process for our growing pipeline of hybrid hotel/multifamily projects. Your work will directly contribute to our strategic decision-making, impacting the company's growth and success in flexible-stay properties.
- Employment Type:_ Indefinite term type contract- Shift:_ Monday to Friday | 8 to 5 EST.- Work Setup:_ On-site, Bogota

**Responsibilities**:

- Lead the underwriting process for Placemakr-branded properties, encompassing comprehensive market research, comparative analysis of residential and hospitality properties, and detailed operational cost and revenue analysis.
- Develop and refine revenue forecasts, incorporating unique aspects of Placemakr’s hybrid hotel/multifamily model.
- Conduct in-depth research on comparable properties and market data, focusing on both controllable and non-controllable expenses.
- Analyze internal income statements to ensure alignment of forecasts with Placemakr’s operational standards.
- Ideally, possess experience in both hospitality and multifamily underwriting.
- Create detailed project pro formas, outlining potential revenue, expenses, and net operating income for internal stakeholders and partners.
- Engage in partner negotiations, particularly concerning Property Management Agreements, and update underwriting models to reflect evolving deal terms.
- Collaborate with various departments to analyze operational data, refining underwriting processes for future projects.
- Construct innovative models and analyses that effectively communicate Placemakr’s value proposition to potential partners.
- Play a key role in sourcing new deals and managing existing partner relationships through active participation in Ownership calls.
- Proactively identify and address potential roadblocks in deal execution, devising strategic solutions to ensure smooth project progression.
- Manage and prioritize a diverse portfolio of deals effectively, ensuring efficient allocation of resources and attention to critical projects.

**Qualifications Needed**:

- English Level: C1
- Possess advanced quantitative, analytical, and technical skills, demonstrating a keen eye for detail and organization.
- Exhibit exceptional business writing and communication skills, with the ability to simplify complex ideas for diverse audiences.
- Demonstrate the ability to work independently, coupled with a strong desire for continuous learning.
- Uphold a high degree of professionalism, integrity, and a commitment to excellence.
- Have experience in high-growth, dynamic environments, with a flexible and adaptable approach.
- Tech Stack: Proficient in Microsoft Excel/Google Sheets, with the ability to create complex financial models, project revenue, expenses, and net operating income.
- Financial Modeling Software: Possess knowledge of specialized financial modeling tools to facilitate detailed project pro formas.
- Data Analysis Tools: Demonstrate skills in using data analysis tools, such as Python, R, or SQL, to analyze and interpret market data.
- Market Research Tools: Exhibit familiarity with tools for comprehensive market research to gather data on comparable properties and market trends.
- Communication and Collaboration Tools: Proficient in using tools like Microsoft Teams, Slack, or other collaboration platforms to communicate and collaborate with various departments.
- Document Management Systems: Have experience with systems for managing and organizing project-related documents and data.
- Property Management Software: Understand software used in property management for tracking and analyzing property performance.
- Presentation Tools: Proficient in creating visually appealing presentations, potentially using tools like Microsoft PowerPoint or others.
- CRM Software: Possess knowledge of Customer Relationship Management software for managing partner relationships and deal progress.
- Hospitality and Real Estate Software: Exhibit familiarity with industry-specific software used in the hospitality and real estate sectors.

**Benefits**:

- 5 Days work week
- Prepaid medicine
- Work-Items (laptop, mouse, and he