Job Description

Ashford (NYSE American: AINC) is a leading provider of asset management and other services to companies within the hospitality industry. Ashford serves as the advisor to three real estate investment platforms:

• Braemar Hotels & Resorts (NYSE: BHR) - 16 luxury hotels with gross asset value of $2bn,
• Ashford Hospitality Trust (NYSE: AHT) - 82 hotels with gross asset value of $5bn, and
• Texas Strategic Growth Fund (TSGF)- private fund focused on investing in commercial real estate in Texas.

General Job Functions

The Acquisitions Intern works to evaluate, acquire or sell real estate assets for all three of Ashford's advised real estate investment platforms. The position will provide support to the senior management of BHR, AHT and TSGF as well as the members of the acquisitions team.

Duties and Responsibilities

• Conduct due diligence on potential real estate investments
• Includes financial statement analysis, discount cash flow analysis, market research and value proposition analysis
• Produce internal and external investment memoranda and other ad hoc quantitative and qualitative reports in connection with potential investments
• Manage investment pipeline and external correspondence with sell side and buy side contacts
• Business review of legal documents

• Prior experience in M&A on the buy side evaluating historical financials and modeling projections
• Superior Microsoft office skills
• Strong time management skills with ability to prioritize and manage multiple deadlines
• Focused and detail-oriented with the ability to work quickly and accurately
• Strong critical thinking and analytical skills with the ability to interpret data
• Strong verbal and written communication skills with ability to communicate concisely and effectively
• Strong people skills and the ability to collaborate in a team environment alongside senior management
• Desire and ability to learn quickly and work independently
• Exceptional academic record (3.7+ GPA) with a demonstrated track record of achievement

Education and Experience Qualifications

• Current Junior pursuing a bachelor's degree in a quantitative field (engineering, finance, economics, mathematics, etc.)
• Previous internship or project experience in financial analysis - real estate acquisitions (preferably lodging), real estate sales (preferably lodging) or investment banking experience preferred
• Proficiency working with both Microsoft Excel-based models and creating Powerpoint presentations

Remington

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