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.

A hands-on, visionary VP of SFR Acquisitions who will lead AvantStay’s Brokerage, Real Estate Fund, and Investment teams to build the world’s first end-to-end STR-focused investment, transaction and management platform. We are looking for an experienced real estate leader and investment professional to develop a best-in-class acquisition and transaction machine for sourcing, evaluating, financing, developing, and managing new, existing, and build-to-rent single-family residential properties for STR hospitality use. With a focus on innovation, scale, and hypergrowth, this leader will unlock STRs as the next asset class to institutionalize.

What You'll Do

• Build and develop a world-class SFR Acquisition team, defining processes and systems to support your team 
• Design team structure to optimize investment performance
• Ensure proper execution of all acquisition transactions including market analysis, underwriting, feasibility, and due diligence studies, business plans, ROI analysis, or capital allocation strategies
• Lead market research efforts geared towards understanding and validating key demand fundamentals that support the underwriting of newly sourced homes
• Build structured market expansion strategy that meets both corporate growth goals and investment fund objectives
• Develop and nurture relationships with brokers, developers, private equity firms, hedge funds, and other potential sellers to source potential new acquisition targets
• Cultivate and grow builder and developer relationships to generate new investment opportunities and to establish programmatic relationships with select high-performing partners to develop multiple projects on a recurring and sustained basis
• Interact with brokers or potential buyers with respect to any sale of assets, including providing or making available diligence materials, financial materials, or other information with respect to the properties
• Drive accurate underwriting to achieve superior investment results
• Define, build, & iterate on software & platforms to help acquire homes more quickly, more efficiently, and to deliver a successful financial outcome
• Collaborate with internal AvantStay teams to ensure the success of your team
• Apply processes to new markets as they open, working cross-functionally to lead market expansion through heavy regulatory and compliance environments
• Travel to core and potential expansion markets on an as-needed basis; works collaboratively with local field teams to drive peak investment performance
• Prepare presentation materials for both internal and client-related meetings

What You'll Bring

• Real Estate Licensing required
• Brokerage Licensing preferred
• 8+ years of experience in Real Estate; experience with SFRs required, and experience with hospitality assets desired
• 4+ years managing a team
• Qualifications: Bachelor’s degree in a related field (Finance, Business Operations, Real Estate) 
• Investment experience including, value-add, and opportunistic investment strategies 
• Deep knowledge of real estate valuation, travel trends, hospitality, hotels, tourism and the short-term / vacation rental market
• Strategic mindset to identify opportunities that align with larger company goals
• Strong communication skills with the ability to present ideas, instructions and information effectively, both orally and in writing

Perks & Benefits

• Salary: TBD + bonus + equity
• 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.