Details
Posted: 13-Jan-22
Location: Miami, Florida
Type: Full Time
Categories:
Executive
Regional Executive
Sector:
Assisted Living / Nursing Home
Internal Number: Job ID: 1733
ABOUT THE COMPANY
Lloyd Jones, LLC is a multi-faceted private equity real estate firm specializing in the multifamily, senior housing and hotel sectors. The firm has a proven 40-year track record under the continuous direction of Founder/Chairman/CEO, Christopher Finlay. Based in Miami, the firm operates through four vertically integrated divisions: Investments, Development, Multifamily Management, and Senior Housing Management. Its investment partners include private and institutional investors and family
offices around the world. Lloyd Jones executes as a team dedicated to quality housing that makes lives better, striving to provide unparalleled professional service to its investors and to its residents. The culture is grounded in recognizing that its greatest asset is the Lloyd Jones team and encourages each team member to learn, grow, and thrive in an innovative environment. As Lloyd Jones improves the lives of its residents and its local communities at large, it creates environments where people want to live, and that is also good for its investors and the entire Lloyd Jones team.
Since 1990, Lloyd Jones has developed, owned, and managed approximately $1.2 billion in multifamily real estate, producing a realized IRR of 27.8% for its investors. Historically the focus has been on multifamily and senior housing concentrated in Florida, Texas, and the southern U.S., but the firm maintains a national reach in its ability to execute in the market. The divisions are vertically aligned, providing support and resource synergies with the shared goal of creating high-performing, income-producing assets for our investors and our third-party management accounts.
POSITION SUMMARY
The SVP of Investment- Hotels Living of Lloyd Jones will be responsible for sourcing, evaluating, negotiating, and closing on senior living acquisitions. The successful candidate will leverage her/his existing relationships to work alongside the CIO/ CFO and other executives in all matters related to
developing and managing business relationships with strategic partners and new developer/manager relationships. She/He will develop and implement strategic initiatives to expand investment relationships and increase the portfolio base of the firm. This executive will have ultimate responsibility to ensure all firm Hotel investment initiatives are fully evaluated and all due diligence is accomplished. It is also expected that the successful candidate will understand and continuously stay abreast of trends within Hotel investment opportunities.
PRIMARY RESPONSIBILITIES
- Under the leadership of the CIO/CFO and in coordination with other executives, act as the day- to-day lead executive on all matters related to Hotels acquisitions.
- Actively market Lloyd Jones Hotel investment opportunities to high net worth, family office, and institutional investors.
- Oversee the evaluation of Hotel properties, physical and financial status, geographic location, market competitors, market area, historical ownership data and economic trends.
- Lead Hotel acquisition strategy, formulating the structuring and ultimately obtaining funding of the capital stack for each Lloyd Jones investment deal.
- Aid the CIO/ CFO to ensure all steps of the investment closing processes are executed with efficiency, accuracy, and to a quality level where Lloyd Jones is viewed as an industry best partner to equity and debt sources.
- Implement the processes, policies, and procedures to acquire properties efficiently and reliably from every channel.
- Develop proforma financials on potential acquisition Hotels or portfolios/ make appropriate recommendations based on due diligence.
- Identify underperforming/ distressed Hotel loans and evaluate underlying assets to be considered for purchase and restructure based on the firm’s outlined investment parameters.
- Build the infrastructure needed to execute a high volume of acquisitions across US markets.
- Take active role in the investor relations and reporting function to ensure top-quality marketing and reporting deliverables are produced to build investor confidence for future investments.
- Develop goals and track related metrics to achieve Hotel investment targets set by the CIO/ CFO.
- Develop strong and meaningful relationships with Hotel market participants.
- Continuously study and assess overall Hotel industry in order to bring in insightful recommendations for how Lloyd Jones should execute in the current environment.
SVP INVESTMENT KEYS TO SUCCESS
- Be a partner and strategic advisor to the CIO/ CFO and executive team on all aspects of Hotel investment execution.
- Ensure all Lloyd Jones investment opportunities are fully funded.
- Drive significant expansion of equity and debt sources available to the firm.
- Participate on target debt and equity raising targets set by the CIO/ CFO..
- Enhance all aspects of how Lloyd Jones interacts with the Hotel estate market from initial marketing to reporting to investors and financial institutions, so the firm’s profile and
reputation is elevated to be viewed as an industry leading partner in real estate investment. - Continuously strives to exceed expectations and inspires the team to do the same.
- Establish strong relationships throughout the organization to lead the team through Hotel acquisition initiatives.
TARGET PROFESSIONAL PROFILE
- Experience acting as the primary Hotel investment executive for a high-growth real estate platform; minimum of 3 years in an leadership role and 10 years of real estate finance/ Hotel development/ expansion experience.
- Significant knowledge of real estate capital markets and how to fully engage market players to expand a firm’s capital sources.
- Demonstrated ability to connect with private equity investors, Hotel development representatives and close real estate Hotel deals.
- Experience acting as a forward-facing executive with financial institutions and private equity investors.
- Proven business and financial acumen with an ability to communicate a firm’s investment opportunities clearly and effectively in depth to third parties.
- Strong understanding of financial statements and historical operational data.
- Knowledge of Hotel operations as well as industry/ market trends.
- Experience and strong background in Costar, and Data Research.
- Demonstrated success in bringing on new debt and equity sources.
- Provide strategic advice, creative solutions, and solve problems.
- Strong professional network and relationships.
- Undergraduate degree in finance, economics, or related field.
TARGET LEADERSHIP PROFILE
- Ability to rightly handle and bring into congruence the execution of Hotel investment objectives and the overall development of the organization as a whole, including the team and culture.
- Humble leadership style that fosters strong relationships with each team member.
- Works alongside of each member of the Lloyd Jones team rather than over them, leading by example.
- Sets a strong example to the Lloyd Jones team through strong and visible work ethic and commitment to quality.
- The ability to communicate clearly and willing to adjust style according to audience.
- Highly effective communicator with ability to synthesize investment details into understandable and marketable storyline.
- Works through decision points with genuine give-and-take approach, where both parties act as true peers and decisions are shared.
- Identifies opportunities to build relationships that will help others achieve professional goals.
- Strong interpersonal skills and emotional maturity.
Full-time employees can take advantage of:
- Medical Insurance
- Prescription Drug Insurance
- Dental Insurance
- Vision Insurance
- Pet Insurance
- Continuing Education Assistance
- 15 days of paid time off to be used any way you wish
- Paid Holidays
- Training and Education Programs
- Rent Discounts
- Employee Referral Program
- Company Paid Life Insurance
- Company matching 401k
Lloyd Jones LLC is an Equal Opportunity Employer and a Drug Free Workplace.
