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Salary[This role is fully remote; we put a location because some job boards require it.]
The Role
Kasa is building a global accommodations brand unlike any other. We took the best that hotels and short-term rentals had to offer and created a new class of hospitality that is affordable, trustworthy, and in convenient locations. In this fast-paced role you will be instrumental in helping Kasa continue to expand its footprint in the United States and beyond. In this position, you will be tasked with underwriting new Real Estate opportunities with a focus on hospitality acquisitions and partnerships, creating pitch deck materials, and providing leverage to help support the Real Estate growth team with new opportunities within hospitality and multifamily assets. This is a rare opportunity to join a groundbreaking team that directly impacts the company's growth and footprint. We are recruiting for a remote position, with the understanding that you will periodically travel for meetings to our New York HQ.
In this role, you will report to the Senior Director, Real Estate and support the deal team. You will have the opportunity to work with our CEO, Legal and Finance teams, and other cross-functional stakeholders. We're looking for a critical addition to our Real Estate team who can bring their talent and hunger to the cutting edge of the industry. We hope you are excited about the challenge!
About the Team
The mission of the Real Estate Growth team is to unlock portfolio-wide partnerships to fuel our growth, create tremendous value for property owners through our flexible enterprise solutions, and prioritize properties that are ideal for our operations.
This role is in our Real Estate Growth department. Members of the team have diverse backgrounds in Real Estate, private equity, and operations. You will get to work alongside former leaders at KKR, AMLI, Apollo, Chartres Lodging, Walton Street Capital, Rockpoint Group, and Airbnb. Everyone joined Kasa because they are passionate about building a platform that delivers value to property owners and serves guests seeking trustworthy, well-priced accommodations in great locations.
Day in the Life of a Kasa Real Estate Analyst
In this role, every day can be different depending on the business needs. Much of your time will be spent underwriting prospective deals, researching new markets, and drafting term sheets. We will count on you to help write internal deal memorandums, assemble pitch decks, and provide leverage to the team throughout each stage of the deal pipeline.
We're a collaborative team and company, so you will get to work cross-functionally with finance, legal, and operations to push deals through to closing. Regularly, you will serve as a liaison between external brokers and internal senior leadership and use your knowledge to create and optimize pitch decks and RFP materials.
This is a tremendous opportunity to accelerate your deal experience while building strong relationships within the industry. We are looking for someone with a keen interest in Real Estate who is hungry to hit the ground running.
Experience
- 1-2 years experience in Real Estate acquisitions, management or brokerage, with priority given to candidates with a hospitality underwriting background
- Experience underwriting and performing due diligence for Real Estate assets
- You have excellent written and verbal communication skills
- You are able to engage professionally with key decision-makers
- Your attention to detail is superior to most
- You have superior Excel skills and are able to build complex models easily
- You're well-organized and a strong multi-tasker
- You're highly motivated and able to maintain efficiency while working independently
- You're scrappy and resourceful in sourcing information
- You're a team player who appreciates direct and immediate feedback from your colleagues
Plus if...
- You've worked in the hospitality, multifamily or private equity industries
In one year, you will succeed at Kasa by having:
- Underwritten more than 100 deals across the U.S. as well as international markets
- Helped improve Kasa's underwriting, negotiating, and closing processes
- Collaborated cross-functionally with Finance, Legal, and Operations to improve the accuracy of Kasa's underwriting process
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Benefits
- ✈ Kasa Travel Credit: We love to travel! Kasa employees get an allowance of free stays with us in any of our locations, plus a discount on any night for friends and family.
- Generous Stock Option Plan: At Kasa, our compensation philosophy is to offer a total compensation package that over-indexes on equity to encourage our team to think like owners (by being owners) and benefit from the growth in value that our collective hard work creates.
- Flexible PTO: Full-time exempt Kasa employees are encouraged to take time off as they need and see fit, ensuring that it's not disruptive to their work.
- Cell phone reimbursement: We reimburse a portion of your monthly cell phone bill to say thanks for using your personal phone during the work day.
- 401(k) plan: As you invest in yourself and your future, Kasa invests in you too: we match 100% of the first 2% of deferred salary, and 50% of the next 2%.
- Health Coverage: We've invested in comprehensive health insurance options to help when you need it most, including a company-sponsored plan with fertility coverage.
- Other Perks: Qualifying full-time roles are eligible for a wi-fi stipend, home office stipend, and more!
Who We Are
Kasa is a Real Estate Technology company that is building a global accommodations brand unlike any other. We partner with owners of multifamily, single-family, and boutique hospitality properties, transforming underutilized Real Estate into stylishly furnished, professionally managed units that cater to business and leisure travelers alike. We took the best that hotels and short-term rentals had to offer and created a new class of hospitality that is well-priced, trustworthy, and offers a large selection of great locations!
Behind the scenes, we build technology that combines with our innovative operations to grow a globally scalable offering that delivers high-quality stays. Our guests enjoy seamless check-ins, spacious apartments, and attractive amenities, helping them feel right at home. If anything comes up, our remote guest experience team is available 24/7, ensuring our hospitality is always felt, though rarely seen.
Kasa is an Equal Opportunity Employer. We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by law. All employment is decided on the basis of qualifications, merit, and business need.
Kasa Living is an E-Verify participant. We will verify the identity and employment eligibility of all persons hired to work in the United States by matching information employees provide on the form i-9 against records available to the Social Security Administration (SSA) and the Department of Homeland Security (DHS). You may find more information here and here.
Kasa does not accept unsolicited resumes from individual recruiters or third party recruiting agencies in response to job postings. No fee will be paid to third parties who submit unsolicited candidates directly to our hiring managers or People & Talent team.
The Kasa Talent Acquisition team will only communicate from email addresses that use the URLs kasa.com and us.greenhouse-mail.io. We will not use apps such as Facebook Messenger, WhatsApp, or Google Hangouts for communicating with you. We will never ask you to send us money or technology to work for our company. If you believe you are a scam victim, please review your local government consumer protections guidance and reach out to them directly. US-based applicants may refer to this article from consumer.ftc.gov for more details.
