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Vice President, Business Development

Company: Oakwood
Location: Long Beach
Posted on: September 12, 2020

Job Description:

Our Commitment to You during COVID-19 Read More

Discover a world of opportunities with the global leader in furnished and serviced apartments. Oakwood is an Equal Opportunity Employer Oakwood is an equal opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture. Oakwood does not discriminate on the basis of disability, veteran status or any other basis protected under federal, state or local laws. Electronic Employment Verification Program Position: Vice President, Business Development

Location: Long Beach, CA

Job Id: 423

# of Openings: 1

Oakwood has a great opportunity for a Vice President, Business Development!

The Vice President(VP), Business Development will be a leading member of the management team and will be responsible for driving the Oakwood portfolio growth through securing management agreements, franchise opportunities and partnerships. The VP, Business Development will also assist with project underwriting and proformas as well as introductions to real estate acquisition projects for the North American markets and abroad when possibilities present themselves. They manage a team that handles projects including origination, feasibility studies, term sheet negotiation, management approvals, contract negotiations and deal closing.

Business Development – Corporate housing – Service apartments - Hospitality

What’s in it for you?

Medical / Dental / Vision coverage and Prescription Drug Programs / Company Paid Life Insurance & AD&D / Short and Long Term Disability Insurance / Life Insurance for Family Members / Paid Vacation & Sick Leave / Direct Deposit Payroll and much more!

Key features of your day:

Directs the planning, research, and analysis of Oakwood’s objectives, long-range planning, business opportunities, and business development activities

Develop the strategy in sourcing and identifying management and acquisition targets within target asset class in North American markets and occasionally abroad

Manage the market, financial and project feasibility studies

Develop new markets and market intelligence and maintain a database of research resources

Develop financial feasibility studies for management agreements and investment projects

Prepare and submit proposals for internal approvals as well as prepare and present strong proposition offers for external property owners and developers.

Negotiate management agreements and all related contracts

Conduct due diligence of potential targets and business ventures

Acquire and maintain relationships with brokers, developers and industry contacts

Best candidates will have: Bachelor’s Degree in finance, business, real estate and/or equivalent areas

10 years’ Business Development experience

Experience within corporate housing/serviced apartment industry

Proven Business Development experience and network within the North American hospitality/corporate housing market

Competent in managing multiple projects simultaneously with a strong results/goal orientation

Ability to thrive in a changing environment and deal with ambiguity

Good team player with excellent interpersonal and communication skills, both written and spoken

Demonstrated skill in organizing resources and establishing priorities

Systematic and methodical in thought process and work approach

Strong sales and negotiation skills

Ability to read, digest, rspeond to and edit management contracts

Be able to speak at industry events and conferences

Ability to develop financial models and advanced Microsoft Excel and PowerPoint skills is a must

Travel is required 50% or more

Oakwood is the premiere global provider of housing solutions Oakwood is the global leader in corporate housing and property management. At Oakwood, we celebrate connecting people to the best accommodations for their unique journeys – from overnight stays to move-in ready properties – globally. No matter what the destination, our guests always find comfort and the trust to experience your next adventure.

OAKWOOD®  is an equal opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture.  OAKWOOD®  does not discriminate on the basis of disability, veteran status or any other basis protected under federal, state or local laws.

Keywords: Oakwood, Long Beach , Vice President, Business Development, Other , Long Beach, California

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