Real Estate Analyst, PropCo

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Who we are...

AvantStay delivers exceptional, unique stays for group travelers. The company has built a tech-enabled millennial hospitality brand to be the new standard for group experience. We are venture funded and growing rapidly in the explosive $100+ billion dollar STR industry.


What we are looking for

An organized and detail-oriented Real Estate Analyst who will support our Property Company (“PropCo”) team in building and managing various real estate acquisition and development projects. This person will be responsible for performing deep quantitative and qualitative analyses, coordinating asset valuations, and supporting transactions from inception to close. The Real Estate Analyst is a total modelling rock star with a deep knowledge and love of real estate.

What you’ll do…

  • Analyze new acquisitions / development opportunities and prepare financial analysis on the viability of each transaction, incorporating a variety of capital and financing structures.
  • Perform acquisition due diligence including the review of leases, financial conditions, historical property operating results, financial assumptions and other information.
  • Complete accurate and thorough worksheets, reports, briefs, and proposals.
  • Prepare internal and external presentation materials and documents (e.g., pitch materials, pro-formas, LOI’s).
  • Perform analysis and run financial models to support decision-making regarding the profitability and capital structure of properties and funds during the asset’s holding period.
  • Review and extract information from broker marketing books and third-party research.
  • Develop and produce accurate and complete required reporting to lenders, partners, and senior management.
  • Accurately and thoroughly complete transition-related tasks including but not limited to developing budgets, reviewing leases, reviewing offering memorandum, responding to lenders to resolve underwriting questions, reviewing loan documents, and running models to show budget implications within established timeframes.
  • Work cross-functionally to enhance utilization of internal data in order to increase accuracy of underwriting. 
  • Work closely with senior management in creating new revenue streams and expansion opportunities.

What you’ll bring…

  • Bachelor’s Degree in Finance, Real Estate, or another related field
  • 2+ years in Real Estate underwriting and/or finance
  • Deep knowledge of real estate valuation and financial modelling; experience with travel trends, hospitality, hotels, tourism and the short-term and vacation rental market a plus
  • Advanced proficiency in Microsoft Excel, demonstrated ability to perform quantitative and qualitative analysis of assets using financial modelling techniques
  • A passion for all things real estate
  • Ability to adapt to changing and ambiguous situations as well as to work within a fast-paced, hyper growth environment
  • A desire to learn, grow and assume responsibility for large investments on a national scale
  • Demonstrated ability to effectively define and resolve problems that balance multiple needs and interests
  • Strong communication skills with the ability to present ideas, instructions and information effectively, both orally and in writing

Perks and Benefits...

  • Salary: $80,000-$100,000 + Bonus + ESOP
  • Benefits and Unlimited Paid Time Off
  • Team bonding and off-site events
  • Complimentary and discount stays at AvantStay properties



When you join AvantStay… You’ll be doing work that matters alongside an experienced and dynamic team, transforming the way people travel and vacation. Your place within the colossal travel and real estate industries will leave you with a wealth of opportunities to feel both challenged to innovate and rewarded for your efforts. Of course, we will offer you pay and benefits, but we’re about more than that. AvantStay is a place where you can craft your own path to greatness. Whether you think in code, words, pictures or numbers, find your future at AvantStay.


Equal Employment Opportunity...We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.


AvantStay, Inc. is a proud member of PledgeLA, an organization that believes that Los Angeles will become the most diverse and civically-engaged tech hub in the nation. Our members, tech companies and VC firms or accelerators based in Los Angeles, commit to increasing their level of community engagement and improving diversity, equity, and inclusion within their organization and investments.

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Location

750 N San Vicente, West Hollywood, CA 90069

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