Investment Associate

Weller Development is currently seeking an Investment Associate that will work on all aspects of transaction and asset-level financial analysis, modeling, due diligence and market research while providing a broad range of support for the firm’s acquisition, development and asset management functions.

Why Consider Joining Weller Development?

• Innovative Projects: $1.5B development completed in the middle of Covid. Currently, $1B+ worth of work ongoing in different stages of development including a 3,000-acre development in Napa County, CA in which a Six Senses branded hotel and resort is set to be built. This will compete for one of the most luxurious hotel in the United States! Also, Weller purchased 50 acres in the Bahamas to develop yet another Six Senses resort and are currently pursuing additional luxury resort hospitality deals in the Bahamas and across the US.
• Last month Weller signed a deal with Mohari Hospitality to co-invest up to $2.5B in future luxury hospitality developments. Details here
• Young and entrepreneurial company. It's a fantastic opportunity to get on the ground floor and play a major role within this growing company

Essential Duties & Responsibilities | Include but are not limited to the following:

• Perform thoughtful and accurate analysis to effectuate the business plans which will be unique to each investment.
• Keep project-specific economic models up to date.
• Track project schedules and monitor progress and delays.
• Prepares underwriting of commercial real estate properties based on historical financial statements, projections, and market standards to determine a projected income, value and loan amount.
• Prepares investment reports in compliance with company guidelines and investor requirements.
• Evaluates markets and asset-level risks and opportunities.
• Provides equity and loan closing coordination including collecting due diligence items, ordering third party reports, coordinating with all parties including borrowers, lenders and legal counsels.
• Analyzing lease structures and running financial models to support investment thesis.
• Work with other leaders to develop equity, debt and operating strategies for assets.
• Manage and justify the overall assumptions and modeling conventions and ensure that major capital, leasing assumptions and market conditions are discussed and reflected in the cash flow projections.
• Work with management team to define investment signals to refine and expand the investment thesis.
• Responsible for providing investors and borrowers and internal teams with prompt quality service in a friendly and professional manner.
• Works with other internal teams, such as development and marketing, to accomplish the above tasks.
• Other duties as assigned to support the organizational mission.

Education and/or Experience Required |

• Bachelor’s Degree in related subject matter
• 2+ years of experience in real estate financial analysis with a developer, capital markets broker, or owner/investor, ideally in hospitality.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint)
• Strong quantitative, analytical and computer skills
• Ability to work in a fast-paced, high-pressure environment.
• Ability to work on-site within a high-performing team in Bethesda, MD