Hotel Development & Acquisitions Associate

Magna Capital Management; Warwick (RI); On-site; USD 85,000 - 125,000; Full time

Job summary

Magna Capital Management (MCM) is a privately held real estate investment firm focused on the lodging sector. Magna Capital Management is seeking an Associate to join its Development & Acquisitions team in Warwick, RI to support evaluation, underwriting, due diligence, and execution of hotel opportunities.

The role involves originating, analyzing, and presenting opportunities to the investment committee, collaborating with operations, finance, design, construction, and asset management teams,

Qualifications

• Experience underwriting hospitality assets and/or other commercial real estate investments.
• Strong understanding of hotel operating performance, market research, and supply and demand dynamics.
• Exposure to hotel due diligence, management transitions, and development or repositioning projects.
• Ability to combine rigorous quantitative analysis with practical transaction management.
• Self-starter with strong judgment, intellectual curiosity, and the ability to work independently in a fast-paced environment.

Responsibilities

• Evaluate hotel acquisition, development, and repositioning opportunities across multiple business plans.
• Build and maintain acquisition, development, and operating pro formas to support underwriting, business plan development, and investment decision-making.
• Research markets, identify emerging trends, and synthesize data to inform investment strategy and opportunity evaluation.
• Support sourcing and origination efforts by identifying prospective opportunities, maintaining broker relationships, and developing market intelligence.
• Take an active role in shaping, evaluating, and presenting new acquisition and development opportunities to the firm’s investment committee.
• Help manage the diligence process for acquisitions and management transitions, coordinating inputs across internal teams and third-party consultants.
• Work closely with internal teams, including operations, finance, design and construction, and asset management, to advance opportunities from initial review through execution.
• Coordinate with external stakeholders, including brokers, consultants, lenders, attorneys, operators, and brand representatives, throughout the transaction process.
• Support transaction execution, closing, and transition planning, while helping ensure continuity between underwriting assumptions and business plan implementation.

Job description

Magna Capital Management (MCM) is a privately held real estate investment firm focused on the lodging sector. Magna Capital Management is seeking an Associate to join its Development & Acquisitions team in Warwick, RI to support evaluation, underwriting, due diligence, and execution of hotel opportunities.

The role involves originating, analyzing, and presenting opportunities to the investment committee, collaborating with operations, finance, design, construction, and asset management teams,