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Analyst – Acquisitions and Development

Posted June 4, 2021

Magna Hospitality Group
Warwick, RI
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Come join our Real Estate Acquisitions team!

About This Job

The Analyst – Acquisitions and Development will be an integral member of the development group. The position will expose the candidate to a diverse group of hospitality focused skill sets including:

  • Deal underwriting and capitalization
  • Private equity, including annual fund valuations and investor management
  • Hotel operations and asset management

The analyst will receive “hands-on” experience and be actively involved in the day-to-day operations of a hospitality focused private equity fund. He/she will report to the Chief Investment Officer and support all investment professionals including the CEO.

Day-to-day duties of the analyst will include:

  • Pro forma generation
  • Market research and analysis
  • Investment return modeling
  • New acquisition diligence support
  • Creation of various investment presentations
  • Reading and abstracting various operating and acquisition agreements
  • Investment reporting and ad hoc white papers

The Candidate:

The ideal candidate will have 0-2 years of hotel investment experience.  Ideally the candidate will have focused on hospitality and/or real estate investment during their undergraduate or graduate studies. This person will have a general understanding of the real estate investment process and hotel operations. The candidate must have advanced skills in Microsoft excel, word, and power point. He/she must be strong analytically and have the ability to handle significant amounts of work while under tight timelines.

The Company:

Magna is a vertically integrated private equity fund focused exclusively on the hospitality industry. Magna has management expertise in operations, development, acquisitions, construction, interior design and investments. Magna was formed in 1998 and has since acquired, developed and/or disposed of $3 billion in hospitality real estate, with a current portfolio valued in excess of $2 billion.

Magna Hospitality Group is the operating company responsible for the day to day oversight of all of Magna’s investments. MHG is comprised of more than 30 professionals covering a multitude of disciplines. MHG is organized under numerous operating structures with a niche in urban/infill select service and limited service hotels.

Magna Capital Management is the investment company responsible for fund raising, investment, and management of Magna’s family of funds. MCM is currently in the midst of deploying its seventh discretionary equity fund, a $350 million fund.

Compensation:

A competitive base salary and bonus structure commemorating with experience.

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About this Employer

Magna Hospitality Group

300 Centerville Road, Suite 300 East
Warwick, RI 02886

Management Company

www.magnahospitality.com

In 1998, we formed Magna in order to create an opportunistic hotel real estate investment firm. As our industry has evolved, we have evolved with it, and we have come to focus our energies on two basic truisms. First and foremost, the most important thing that we do as a firm is hire the right people. This basic principle applies both at the corporate and our property levels. Today, we have over thirty highly motivated, talented, and hard-working corporate professionals that have morphed into a cohesive team that is dedicated to not only Magna’s success, but to each other’s success.

Second, we have embraced the reality that we are a hotel real estate investment firm; and in order to achieve the high level of success that we have enjoyed from an investment perspective, we must have a superior hotel management company.

In our often fickle and cyclical business, the Magna team has demonstrated and continues to demonstrate the most important qualities that a hotel real estate investment firm and a hotel management company must have. We tell our investors what we are going to do and when we are going to do it. Then, through hard work, talent, and integrity, we do what we said we would do, and we do it with a level of consistency that has made Magna a premiere hotel company.

It is with this team of professionals and with this culture that Magna will continue to move forward to improve both the quality of our investments and the manner in which we operate and oversee those investments for our investors.

We welcome you to Magna and we invite you to learn more about us, our team, and the culture that is Magna.