Director of Asset Management

Named for our Founder, Bruce White, White Lodging is a family-owned, multi-brand, multi-segment developer, owner and operator of premium brand, market-leading hotels, scratch-made restaurants, and award-winning rooftops in high-growth urban markets. We are one of the country’s largest privately held hospitality companies focused exclusively on this segment.

What You'll Do

* Participate in annual capital and operating budgeting process. Utilize existing relationships to benchmark and ensure best-in-class performance and targets consistent with long-term strategic objectives.
* Update 5-year pro formas quarterly based on latest performance/market data and conduct corresponding sell/hold analysis.
* Maintain long-range capital expenditure models for each property in conjunction with VP of Facilities and Maintenance. Identify future reserve shortfalls and develop a mitigation plan.
* Develop and execute renovation plans to minimize capital investment and maximize long-term value. Coordinate with project management team to ensure timely execution that is within budget.
* Coordinate with property tax consultant to monitor property tax assessments and manage tax appeal processes.
* Manage and coordinate the due diligence process for property acquisitions and dispositions. Participate in negotiating key business terms.
* Support leadership with preparation for tri-annual Development Committee meeting and Board of Directors meeting.

What You'll Bring

* We are seeking an individual that can execute and has a foundation built in asset management, specifically hotel real estate.
* Solid interpersonal and communication skills to effectively liaise and coordinate efforts across various teams and stakeholders.
* Bachelor’s degree in Hospitality, Finance, Real Estate, Business Administration, or related field. MBA preferred.
* Minimum of 7 years of progressive experience in asset management within the hospitality industry.
* Self-motivated, highly collaborative, and the ability to build strong relationships at all levels.
* Strong understanding of hotel operations, market dynamics, and industry trends.
* Established network of industry contacts to leverage for benchmarking and market analytics.
* Excellent communication skills with the ability to collaborate effectively across departments and with external stakeholders.
* Leadership experience with a demonstrated ability to mentor and develop a high-performing team.
* Advanced proficiency in Excel.
* Sensitivity to and respect for the confidential nature of the job and departmental responsibilities.

Salary range between $120,000 - $168,000 with a base bonus of 15%.
* Affordable Day 1 Medical, Dental and Vision Insurance - PPO Plan
* Paid Parental Leave and Short-Term Disability
* Free mental health care offerings
* Unlimited Referral Bonuses
* Vacation/Paid Time Off (PTO) with rollover
* Tuition Reimbursement
* 401(k) with company match

White Lodging is an equal opportunity employer. We value diversity and are committed to creating an inclusive environment for all associates.