VP Real Estate

Who is Wayfarer?

Wayfarer is a leading next generation hotel operations and travel startup in Japan. Founded in late 2019, we manage over 400 rooms across our brands Wayfarer, ORI and Kabin.

Our vision is to brighten life for the next generation of everyday travelers. We are building a product that is not limited only to the hotel, but also connects to local communities in a meaningful way to help travelers discover more. Powered by inhouse technology that enables digital touchpoints for superior operating efficiencies and a seamless traveler experience, without forgetting the human touch and interactions that make travel real.

We’re not like most companies. We’re misfits. We like doing things differently from the ‘recipe’. We communicate directly. We want risk-takers and outside the box critical thinking. We give first and help each other.

Our work environment is hybrid and diverse with over 30 nationalities with our teams primarily communicating in English. We have a people-first culture; our organizational structure helps get things done, but we encourage new ideas and innovation.

Responsibilities

• Build and maintain relationships with property owners, financing banks, and asset managers. Promoting Wayfarer’s brand in the real estate and hospitality sectors.
• Source and evaluate deals for hotel management and acquisition joint ventures.
• Conduct due diligence, including market research and risk assessment. Develop and manage cash flow projections and financial models.
• Structure and negotiate deals to optimize financial returns.
• Oversee financing and syndication strategies for accommodations-related acquisitions.

Requirements

• Fluency in written and spoken Japanese as well as English
• Independence and an owner’s mindset
• 5+ years of experience in a similar role demonstrating experience in sourcing, structuring, underwriting, real estate finance and analysis
• Strong understanding of investment structures in Japan such as TKGK and TMK
• Must be currently living in Japan with a valid visa/working status

Benefits

• 15 days paid leave after 3 months probation, unlimited sick leave
• Standard Japanese company social insurance (pension, health insurance, unemployment insurance)
• Monthly commuting expenses
• Office snacks, company culture events & gatherings
• Free stays at our hotels subject to availability
• Working with an international team with diverse cultures and backgrounds
• Discretionary long-term incentive plan (equity)