SPQREA - Associate Hotels Broker, Private Client Program

icon building Company : Cbre Detroit
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Job Description - SPQREA - Associate Hotels Broker, Private Client Program

About the role

CBRE's Private Client Program is a unique opportunity to join the world's leading organization in commercial real estate. You'll have the privilege of tapping into our vast network of over 500 dedicated sales professionals, located in over 50 markets across the U.S., gaining access to a wealth of knowledge, expertise, and insights.

This program is designed for forward-thinking professionals in the commercial real estate industry who possess a bachelor's degree, 2+ years of industry experience, and are eager to advance their careers. We welcome established professionals with a thriving book of business who are seeking the latest technology, cutting-edge training, and unrivaled support from industry-leading professionals.

What you’ll do

Focus on creating a vast network and developing a book of business in the hotel transaction space alongside our 12-month training and development program. You will acquire invaluable market knowledge and transaction expertise to become an industry expert.

  • Cultivate business relationships and apply expert negotiation skills to sell and promote assets on behalf of clients.
  • Secure new business opportunities and expand existing ones through a combination of prospecting, networking, relationship building, and using the resource from the CBRE global platform.
  • Provide owners with up-to-date information on hotel market performance metrics, recent transactions, current market dynamics, significant development that impacts the lodging market, and property values.
  • Prepare Broker Opinion of Valuation, collect and organize due diligence materials, and develop Offering Memorandums.
  • Gather and analyze market intelligence to provide informed underwriting guidance to property owners.
  • Coordinate materials necessary for transactions.
  • Prepare letters of Intent and coordinate communication between buyers and sellers.
  • Stay up to date on market conditions, property values, current events, demand dynamics, and legislative developments that impact the real estate industry.
  • Draft clear and effective correspondence to both existing and potential clients.
  • Build new business relationships by actively participating in local business and charitable events and engaging with industry and professional associations.
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