is an active hotel investor in Japan and has a strong interest in candidates
who are familiar with investing in, lending to, or working on hotel management. Fortress is seeking candidates for Asset Management roles in the Hotel business, at all professional levels. Fortress is also interested in
licensed architects and other professionals with experience in property
development and renovation.
responsibilities for hotel asset management:
manage a portfolio of hotels with the goal of maximizing the value of assets
and achieving specific investor’s objectives
identify value enhancement opportunities through various analyses and research
and work collaboratively with hotel operators, PM/BMs and any third-party
vendors to positively influence portfolio performance
monthly/quarterly operating performance of the hotels relative to budget,
previous year, market (competitors set) and projections at UW identifying
significant variances and developing strategic plans to fill the gap properly
strategies with the third-party AM (if applicable) and hotel operator to
optimize revenue from all sources and minimize expenses.
in-depth evaluation of annual business plans and Capex plans. Proactively oversee
the execution of plans throughout the year and monitor Capex including major
renovations and regular capital plan
periodic property visits to evaluate physical condition of property, hotel
operator performance, positioning of hotel in the market and communicate
expectations to the operator.
essential contracts around hotel investment such as ML agreement, management
contract, loan document with major covenants
with refinancing efforts, providing property level data for financing packages
and for lender/trust bank requests
The ideal candidates will have strong analytical and communication skills, a bachelor's degree from an accredited university/college and be fluent in Japanese. Fluency in English is very helpful, but not required.