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Job description
Senior Manager Of Institutional Partnerships
AvantStay delivers world class, authentic, tech-enabled short-term rental ("STR") group experiences targeted at the millennial generation. We are venture funded and growing rapidly in the explosive $100+ billion dollar STR industry. We deliver a customized end-to-end experience that is tailored just for groups and powered with technology at every layer.
We are hiring a Senior Manager of Institutional Partnerships to grow AvantStay's portfolio of institutionally owned properties. You will own the full sales cycle with institutional investors in residential real estate — private equity funds, family offices, developers, SFR/STR aggregators, and asset managers — positioning AvantStay as their management and performance partner of choice. This is a quota-carrying, heavily incentivized role for a closer who understands both hospitality economics and how institutional capital underwrites residential assets. You will be based in Miami and travel up to 25% of the time across the U.S. to meet investors, tour assets, and close deals.
Build a qualified pipeline of institutional property owners and allocators — funds, family offices, developers, and investment platforms through outbound prospecting, referrals, conferences, and your own network. Own the full sales cycle: sourcing, pitching, underwriting support, negotiation, and contract close for multi-unit and portfolio-level management agreements. Deliver compelling, numbers-driven proposals (revenue projections, market analyses, and performance track records) in partnership with our revenue management, real estate, and operations teams. Work with developers and new-construction partners to structure management and licensing partnerships for purpose-built short-term rental and hospitality-anchored residential projects. Synthesize market intelligence: what institutions are buying, where cap rates are moving, and what products we should build next. Exceed aggressive quarterly and annual targets for units under management, contracted revenue, and portfolio growth.
5-8+ years of quota-carrying B2B sales or business development experience in real estate, hospitality, proptech, or investment management An existing network among institutional residential investors (funds, family offices, developers, or SFR/STR platforms) strongly preferred. Fluency in real estate investment fundamentals: underwriting, NOI, cap rates, RevPAR/ADR economics, and how management fees affect asset returns. Consultative selling skills with the executive presence to run a room of investment committee members, with the persistence to work a 6–12 month enterprise deal to close. Strong financial modeling and proposal skills; comfort building and defending revenue projections. Willingness and availability to travel up to 25% of the time within the U.S. Based in, or willing to relocate to, the Miami area. Bachelor's degree or equivalent practical experience; an active Florida real estate license is a plus, not a requirement.
This role is built for someone who wants their compensation tied directly to what they close. The package includes a competitive base salary plus an uncapped commission and bonus structure driven by units signed, contracted revenue, and portfolio growth, with accelerators for exceeding target. On-target earnings are heavily weighted toward variable pay, and top performers will out-earn their base substantially. Generous paid time off Generous company-sponsored insurance (medical, dental, vision, life, etc.) Complimentary and discounted stays at AvantStay properties Wellness stipend Cell phone stipend
When you join AvantStay You'll be doing work that matters alongside an experienced and dynamic team, transforming the way people travel and vacation. Your place within the colossal travel and real estate industries will leave you with a wealth of opportunities to feel both challenged to innovate and rewarded for your efforts. Of course, we will offer you pay and benefits, but we're about more than that. AvantStay is a place where you can craft your own path to greatness. Whether you think in code, words, pictures or numbers, find your future at AvantStay. Equal Employment Always We're proud to be an equal opportunity employer and we celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better. No soliciting from staffing agencies. Thank you!
Worksite address
miami, FL, 33222, US
Who can apply
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