Sage Hospitality Resources Senior Vice President of Real Estate Finance in Denver, Colorado
Req # 6587BR
Job Title Senior Vice President of Real Estate Finance
Position Type Full Time - Regular
Location Name Sage Hospitality Home Office
Founded in 1984, Sage Hospitality set out to be the best hotel owner and operator in the business. We’re talking figuratively, progressively and aggressively breaking the mold of the hospitality industry. As one of the U.S’s top hospitality management, investment and development companies, Sage is on a fast trajectory of growth and performance. Building upon what we do best—establishing some of the best hotels and restaurants in the world. We are headquartered in Denver, Colorado, surrounded by high-performing investments from coast to coast. With the advantage of hands-on experience, we’re also changing the way luxury in the hotel world looks. Developing modern, independent hotels with unique style, artistry and branding—creating places that people go to, not through.
We are currently seeking Vice President of Real Estate Finance to be an instrumental part of our investment and business development team. Reporting directly to the Chief Investment Officer, this role will act as an Asset Manager once we have secured deals, will communicate with lenders and partners, and troubleshoot loan and joint venture matters. This is an amazing opportunity for the right candidate to utilize their 10 years of hospitality finance (asset management and brand) experience in a hands-on leadership role.
The position will be based at the Home Office in Denver and will travel as needed.
This role will oversee the day to day investment management duties for all projects in which Sage Hotel Capital is an equity investor.
SERVICE CULTURE FOCUS
To support Sage’s Vision of being recognized by our customers as the best in our business through ensuring a culture that “makes the ordinary extraordinary!” The SVP of of Real Estate Finance should exemplify and champion this culture through every touch point of our business from our associates, guests, owners and communities. All decisions must be in alignment with the Sage Values and based upon what is best for the total organization. The service and courtesy you extend and promote on a daily basis will ensure a healthy and productive culture of serving others with excellence.
Lead debt financing efforts from term sheet through closing
Develop and oversee consistent, Sage-branded investor reporting
Manage all ongoing financing responsibilities to ensure that covenants are adhered to
Maintain strong working relationships with all lenders
Maintain strong working relationships with Sage JV partners
Work with JV partners to determine distribution schedule
Serve as Sage’s “asset manager” in an effort to optimize investor returns and manage risk
Review and approve annual business plans
Is skilled in all facets of our business or specific area of specialty. Highly capable with current practices and looks ahead at opportunities to utilize new products, consumer trends, changes in the marketplace, and technology edge. Can reflect on their vast experience to determine numerous future possibilities and future outcomes. Has natural instincts and insight for finding the best solution to resolve issues and problems. Finds creative solutions to problems and can see how the details fit into the big picture. Is a highly capable and resourceful problem solver. Can manage the creative process within an organization to develop unique solutions. Leverages creative solutions in the organization; resulting in competitive advantages. Makes great decisions that are aligned with our organization’s value and goals. Highly strategic in perspective and decision making.
Recognizes leadership, agility and performance potential in associates. Motivates, mentors and develops managers and leaders that are promotable within our organization. Able to formulate and execute long term plans and correctly anticipates future resources needed for long term projects. Is quick to make strategic connections of people and processes; resulting in improved quality, cost savings, time efficiency and successful business objective outcomes.
Excellent at conflict mediation, resolution, and negotiation skills. Able to form consensus and agreement when presented with differing or competing positions. Quickly and directly addresses operational and associate challenges, is fair, firm, and consistent. Let’s people know where they stand and can take negative action when needed. Can identify talent quickly and determine their strengths and opportunities as well as how they may react in various situations.
Energy and Drive
Is a competitive person who is consistently driven to accomplish and exceed goals. Creates a sense of urgency in matters that will impact the success of their business objectives.
Effectively navigates through organizational systems, structures, and people to accomplish goals. Is highly capable at forming and leveraging business relationships to create advantageous support systems, alliances, and synergies.
Personal and Interpersonal Skills
Demonstrates care for customers and associates. Visibly demonstrates desire to understand others; creates confidence and trust with others and is viewed as honest and direct. Able to create an environment where associates thrive and actively seek approval of the manager. Actively seeks input and collaboration from the team to create goals and buy in. Builds high performing teams and compels them to embrace a shared vision for success.
Thorough understanding of loan, franchise, and JV documentation
Ability to carry an owner’s perspective through a project from start to finish
10+ years of hospitality finance experience
Real estate ownership experience
Experience with capital expenditure projects: budgeting, administration of capital calls, project documentation
We are proud to be an EEO/AA employer M/F/Disabled/Veterans. We maintain a drug-free workplace and perform pre-employment substance abuse testing.