Rockbridge
Director - Portfolio Management (Development)
Rockbridge, Columbus, Ohio, United States, 43224
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Director - Portfolio Management (Development)
role at
Rockbridge
Position Overview:
This position will provide financial oversight of Rockbridge’s development and redevelopment portfolio, highlighted by significant luxury and lifestyle hotel and mixed-use projects throughout the United States. The role will be part of the Portfolio Management team, and work in close coordination and collaboration with the Development team.
The Portfolio Management team oversees the financial management of Rockbridge hospitality assets, including financial modeling, ongoing underwriting and forecasting, capitalization management, and in the case of development projects, areas such as leasing and public incentives. The Development team is responsible for sourcing, underwriting, and executing new investments for Rockbridge, focused on ground-up construction, building rehabilitation, and comprehensive repositioning projects.
The Director – Portfolio Management will be responsible for a focused portfolio of hotel investments in various stages of the development process as well as through opening and operation of the property. The role will require significant financial management skills to navigate a complex capital stack and underwriting acumen to ensure expert financial stewardship of the project. In addition to the Portfolio Management team and the Development team, the role involves cross-team collaboration risk management, asset management, fund accounting, and capital markets.
Key Responsibilities:
Financial Oversight – Monitor and provide analytical support for all financial aspects of an investment, including forecasting, valuation, liquidity management, debt compliance, coordination with property teams, and investment reporting to leadership and investors.
Development Management – Integrate and support development management needs during construction, pre-opening, and asset ramp-up, including construction draw oversight, project documentation, public incentive compliance, budget management, and process implementation.
Investment Modeling – Develop and maintain complex financial models to steward investments and facilitate sound decision making.
Optimize Returns & Mitigate Risk – Provide analytical support for value-add and risk mitigation initiatives.
Creative Thinking – Support Rockbridge’s goal of continuous improvement by identifying and executing on opportunities for investment optimization as well as process and technological improvements.
Job Requirements:
Entrepreneurial individual with strong work ethic and high level of intellectual capacity, curiosity, and integrity
5 - 8 years of real estate / hospitality and/or private equity fund experience preferred
Advanced excel skills and financial modeling experience
Capability to understand and manage complex financial and legal structures
Flexible and adept at managing multiple priorities in a fast-paced, deadline-sensitive environment
Excellent interpersonal, organizational, and communication skills
Self-motivated, detail-oriented, and well-organized
Company Overview:
Rockbridge is a vertically integrated, hospitality-centered investment firm designed to cultivate value and enrich lives. We invest in, partner with, and create opportunities in hospitality. The firm has made 309 real estate and hospitality investments in 39 states with a total capitalization of $12 Billion and currently holds approximately $4.8 Billion in assets under management.
Seniority level Director
Employment type Full-time
Job function Finance
Industries Hospitality
We’re not able to include extraneous postings or notices. This description focuses on the Director – Portfolio Management role and its requirements.
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Director - Portfolio Management (Development)
role at
Rockbridge
Position Overview:
This position will provide financial oversight of Rockbridge’s development and redevelopment portfolio, highlighted by significant luxury and lifestyle hotel and mixed-use projects throughout the United States. The role will be part of the Portfolio Management team, and work in close coordination and collaboration with the Development team.
The Portfolio Management team oversees the financial management of Rockbridge hospitality assets, including financial modeling, ongoing underwriting and forecasting, capitalization management, and in the case of development projects, areas such as leasing and public incentives. The Development team is responsible for sourcing, underwriting, and executing new investments for Rockbridge, focused on ground-up construction, building rehabilitation, and comprehensive repositioning projects.
The Director – Portfolio Management will be responsible for a focused portfolio of hotel investments in various stages of the development process as well as through opening and operation of the property. The role will require significant financial management skills to navigate a complex capital stack and underwriting acumen to ensure expert financial stewardship of the project. In addition to the Portfolio Management team and the Development team, the role involves cross-team collaboration risk management, asset management, fund accounting, and capital markets.
Key Responsibilities:
Financial Oversight – Monitor and provide analytical support for all financial aspects of an investment, including forecasting, valuation, liquidity management, debt compliance, coordination with property teams, and investment reporting to leadership and investors.
Development Management – Integrate and support development management needs during construction, pre-opening, and asset ramp-up, including construction draw oversight, project documentation, public incentive compliance, budget management, and process implementation.
Investment Modeling – Develop and maintain complex financial models to steward investments and facilitate sound decision making.
Optimize Returns & Mitigate Risk – Provide analytical support for value-add and risk mitigation initiatives.
Creative Thinking – Support Rockbridge’s goal of continuous improvement by identifying and executing on opportunities for investment optimization as well as process and technological improvements.
Job Requirements:
Entrepreneurial individual with strong work ethic and high level of intellectual capacity, curiosity, and integrity
5 - 8 years of real estate / hospitality and/or private equity fund experience preferred
Advanced excel skills and financial modeling experience
Capability to understand and manage complex financial and legal structures
Flexible and adept at managing multiple priorities in a fast-paced, deadline-sensitive environment
Excellent interpersonal, organizational, and communication skills
Self-motivated, detail-oriented, and well-organized
Company Overview:
Rockbridge is a vertically integrated, hospitality-centered investment firm designed to cultivate value and enrich lives. We invest in, partner with, and create opportunities in hospitality. The firm has made 309 real estate and hospitality investments in 39 states with a total capitalization of $12 Billion and currently holds approximately $4.8 Billion in assets under management.
Seniority level Director
Employment type Full-time
Job function Finance
Industries Hospitality
We’re not able to include extraneous postings or notices. This description focuses on the Director – Portfolio Management role and its requirements.
#J-18808-Ljbffr