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Senior Vice President P3 and Development Chicago

Location
Chicago, IL

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JLL’s Hotels & Hospitality Group seeks to fill a key position within its Public-Private Partnership (P3) Advisory Practice.  It is anticipated that the individual selected for the role will enter the firm at the Vice President/Senior Vice President level.  The work will require a multi-faceted skill set within an advisory environment.  However, one of the primary responsibilities will be to manage the delivery and execution of new-build hospitality projects.  The successful candidate will possess a hands-on, can-do attitude with the ability to work independently and prioritize numerous projects simultaneously. The position will be based in Philadelphia and/or its northwest suburb area, and will report to the Executive Vice President leading the P3 practice.\rResponsibilities include:Preparing NOI projectionsModeling private and public financing scenariosCreating and gaining approval of public incentivesAdvising on project delivery methods (CM, CM at-Risk, design-build, hard bid, etc.)Procuring development project team members (developer, operator, contractor, design team, etc.)Drafting and finalizing team member term sheetsReviewing and commenting on development, design, construction, operating, and other contractsCreating/reviewing conceptual project budgets (hard & soft costs)Creating and maintaining project schedulesCoordinating with JLL’s Hotel Investment Banking teamCoordinating with other JLL resourcesQualifications:Minimum 7 years’ hospitality-industry specific work experienceBA/BS/MS/MA/MBA degree in Business, Finance, Statistics, Real Estate, Construction Management, Accounting or related fieldDemonstrated strong analytical and quantitative skillsStrong verbal and written communication skills (writing samples will be requested)Strong Excel modeling skillsComprehend all aspects of financial modeling and underwriting logistics of hospitality-related real estate investmentsDetail-oriented and well-organizedAbility to work within formal reporting relationshipsFlexibility to adjust priorities in response to rapidly changing circumstances/deadlinesWillingness to take on new challengesProficiency in Salesforce, Word for Windows, PowerPoint and Excel.\rOur P3 team is the leader in developing hotels through public-private partnerships.  The team has led the development of 23 hotels totaling over 13,000 rooms that are today open and operating.  Notable past projects include the recently opened Marriott Marquis Houston, Marriott Marquis Washington DC, Hilton Houston Americas, and the Charlotte Westin.  The team is actively working on hospitality projects in New York, Miami Beach, Columbus, Ft. Myers, Salt Lake City, and St. Paul.  If you possess an exemplary work ethic as well as an interest in working in an entrepreneurial environment with a strong team culture, we encourage you to apply.\r#LI\r\rJLL Is an Equal Opportunity EmployerJLL is committed to developing and maintaining a diverse workforce.  JLL strongly believes in equal opportunity extended to all individuals in all aspects of the employment relationship, including recruitment, hiring, training, promotion, transfer, discipline, layoff, recall and termination without regard to race, color, religion, belief, creed, age, sex, pregnancy or maternity (including childbirth and related conditions), family responsibility (e.g. child care, elder care), nationality, ethnic or national origin or ancestry, citizenship, marital status, civil partner status, sexual orientation, gender identity or expression, transgender status, veteran’s status, genetic information, trade union membership, social position, political view or status as a qualified individual with a disability, protected leave status or any other protected characteristic in accordance with applicable law.  The company also endeavors to make reasonable accommodations for known physical or mental limitations of otherwise qualified employees and applicants with disabilities unless the accommodations would impose an undue hardship on the operation of our business and ensures that employment decisions are based only on valid job requirements.For employees in the United States, please see a fully copy of our Equal Employment Opportunity and Affirmative Action policy at ****Policies/Equal Employment Opportunity and Affirmative Action.pdf.  If you have questions about careers at JLL or are disabled and require further assistance in applying for a position, please contact us at ****,

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