Kunal Shah
Associate
Greenwood Village, CO
Phone: 303-267-0057 x112
Email: kshah@hrec.com
Employment
- Hospitality Real Estate Counselors | Greenwood Village, Colorado – June 2022 – Present – Associate
- Create Brokers Opinion of Value and Offering Memorandum to facilitate Hotel sales
- Perform Financial, Direct Cap, and Market Analysis to offer pricing and investment guidance
- Operate in a support role throughout the full pipeline of a Hotel sale, interacting with both Buyers and Sellers
- Shah Real Estate Investors | East Lansing, Michigan – June 2018 – Present – Property Owner
- Built a portfolio worth over $800,000 using detailed financial modeling and proformas
- Meticulously supervised active projects including renovation, tenant turnover, and maintenance
- Hired and trained additional employees while managing payroll and expenditures
- Complete and manage the sale of a $370,000 property to shift risk and capitalize on 2021 market conditions
- Strategically renovate properties which resulted in an $8400 increase in revenue and $70,000 in property value
- Analyzed and selected investments to achieve a 16% CAP rate in all long-term investments
- Radisson at the Capitol | Lansing, Michigan – January 2022 – April 2022 – Front Desk Associate
- Check-in/check-out guests, maintain reservation system, process room assignments, and keep all other departments informed
- Sit in on weekly meetings with our Revenue Manager to absorb information on demand generators, revenue optimization techniques, and competitive set performance
- The Graduate | East Lansing, Michigan – August 2021– December 2021 – HB 489 Project Assistant
- Work with The Graduate using hotel data on developing a roadmap to further Trophy Room sales
- Incorporate menu and cost analysis alongside a marketing campaign to lure first-time and repeat guests
- Submit roadmap to The Graduate for thorough review and plan integration and implementation
- Equitable Advisors | Manhattan, NY (Virtual) – June 2020 – July 2021 – Junior Advisor Intern
- Engage in training related to various investment options
- Participated with senior advisors with client meetings in understanding the needs and building a portfolio suited to their needs
- Attracted new clients through cold calling and sales skills developed by my previous businesses
Education
- Michigan State University (East Lansing, Michigan) Graduated May 2022
- Eli Broad College of Business; Bachelor of Arts in Hospitality Business