Hospitality Analyst

Company Description:

RREAF Holdings LLC (“RREAF”) is a privately held, vertically integrated commercial real estate company based in Dallas, Texas, with roots that go back 37 years in the industry. RREAF focuses its portfolio of commercial real estate projects and development under five main divisions catering primarily to middle America with its programmatic value-add multifamily acquisitions, opportunistic hospitality and resort acquisitions, core ground-up development, large and highly amenitized master planned developments, acquisition / re- development of RV Resort Communities, Student Housing, and its ground-up extended stay hospitality development division.

RREAF and its subsidiary companies employ over 450 people directly and many thousand indirectly, mainly across the Sun Belt region, handling a wide range of commercial real estate investment matters, including in-house underwriting, due diligence, capital markets, acquisition, asset management, property management, construction management,

project development, accounting, and legal support. RREAF and its debt and equity partners have built a diversified portfolio in its core competencies in excess of $4.5 billion in assets under management, across 16 states.

RREAF’s “opportunistic” beach-front hospitality and resort redevelopment platform was launched in 2012, with a focus on acquiring and operating hotel assets in strong beach front markets in the Southern Gulf Coast regions of Florida and along the Southern Atlantic Coast. Since then, RREAF has created its own “flagged brand” of “Beachside Resorts,” which has strategically expanded its reach locations in Panama City Beach, Pensacola Beach, and Cocoa Beach markets in Florida, while continuing it search for other targeted assets along the Southern Atlantic Coast.

Position Overview:

RREAF Holdings is seeking a Hospitality Analyst to support its Hospitality division through Excel-based financial modeling, reporting, and analysis. This role focuses on analyzing property-level financial data, maintaining underwriting and waterfall models, and incorporating monthly operating results into financial management workbooks used by Asset Managers to track performance and evaluate exit scenarios.

The Analyst will assist with underwriting for development, acquisition, and recapitalization efforts, as well as support operational reporting, annual budgeting, and quarterly investor reporting. Responsibilities also include maintaining departmental trackers and databases that feed Power BI dashboards, ensuring data accuracy and consistency. A strong foundation in commercial real estate investment concepts is required.

Key Responsibilities:

• Produce and maintain analytics supporting the daily Asset Management function of the Hospitality division.
• Produce and maintain disposition waterfalls for properties or portfolios with the ability to run multiple exit or refinancing scenarios for C-Suite and Asset Management.
• Update data in financial management workbooks on a monthly basis to provide advisory and in-depth analysis to Hospitality Asset Managers regarding any abnormalities from prior months as well as discrepancies from proforma numbers and budgets.
• 2
  
  Build new financial management workbooks as new assets are acquired or constructed.
• Assist Hospitality team with investor reporting.
• Perform ad hoc modeling tasks including underwriting new acquisitions and ground- up development, asset valuation creating financial workbooks and trackers, etc.

Experience:

• 2-3 years of relevant work experience in finance and/or real estate is required
• Bachelor's degree in finance, accounting, or commercial real estate required
• Strong understanding of real estate finance concepts, including IRR, equity multiple, and return waterfalls
• Prior experience in the hospitality industry strongly preferred
• Proficiency in Microsoft Excel
• Attention to detail and a strong desire to produce high quality work product
• Ability to manage multiple tasks at one time, and still provide accurate computations and neat work product
• Strong problem-solving and analytical skills
• Effective oral and written communication skills