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Development Asset Manager Hotel and Multifamily at Kairoi Management
Kairoi Management
San Antonio, TX
Administration
Posted 0 days ago
Job Description
Development Asset Manager - Hotel and MultifamilyLocation: Austin TX (preferred) or San Antonio TX (with travel)Travel: Up to 60%About the OpportunityJoin a landmark project thats redefining Austins skyline. Rising as the tallest building in Texas Waterline brings together luxury living world-class hospitality and inspired design in one extraordinary destination. Youll work with a premier hotel brand and an elite development team to shape one of the most anticipated mixed-use properties in the state.What Youll DoHotel Asset ManagementReview and analyze monthly and quarterly operator financials STR reports and performance metrics.Benchmark results against budget pro formas and industry KPIs (RevPAR ADR Occupancy GOP NOI).Serve as primary liaison between ownership and the hotel operator/brand.Participate in annual budgeting forecasting and strategic reviews.Oversee revenue management pricing and segmentation strategy.Evaluate marketing and sales initiatives for ROI and brand alignment.Monitor service quality guest satisfaction and operational efficiency.Drive integration between hotel operations and mixed-use amenities (parking F&B resident access etc.).Prepare ownership reports and dashboards summarizing financials risks and opportunities.Multifamily Asset ManagementGuide the residential side of Waterline to operational and financial success.Oversee asset preservation: acceptance warranty walks and ongoing inspections.Maintain real-time market intelligence through competitive property visits and pipeline tracking.Support lease-up performance analyze traffic pricing leasing velocity and marketing effectiveness.Provide budget oversight and identify revenue opportunities (ancillary income amenity monetization cross-selling with hotel/retail).Coordinate with operations teams to resolve leasing or performance challenges.Prepare assets for disposition by managing capital needs and due diligence.Produce regular reporting strategic plans and market analysis.RequirementsQualificationsBachelors degree in Real Estate Finance Economics Business Accounting or related field (experience may offset education). 5 years of relevant experience including at least 2 years managing hospitality or hotel assets. Strong financial and analytical acumen with proficiency in Microsoft Excel and property management systems (Yardi RealPage or Entrata). Detail-oriented proactive and able to manage competing priorities in a fast-paced environment. Excellent communication and relationship management skills able to engage confidently with operators ownership and brand partners. Intellectual curiosity and a passion for creating long-term value in mixed-use assets. Required Experience:Manager Key Skills Food Handling,Hospitality Management,Hotel Experience,Hospitality Experience,GM Vehicles,Management Experience,Profit & Loss,Revenue Management,Hotel Management,Operations Management,Budgeting,Leadership Experience Employment Type : Full Time Experience: years Vacancy: 1
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