Manager - Real Estate Transactions (Real Estate Development and Facilities)

NYU Langone Health•New York, NY
•$121,792 - $143,096

About The Position

The Manager of Real Estate Transactions supports the development and implementation of solutions to NYU Langone Health’s administrative, clinical, and research space needs. Reporting to the Assistant Senior Director, Real Estate Leasing and Acquisitions, this role manages real estate leasing and acquisition transactions from strategic conception through execution and implementation, and contributes to real estate portfolio management, budgeting, analysis, lease administration, and property-related capital planning.

Requirements

  • Bachelor’s degree.
  • At least 3 years of related full-time, real estate transaction-oriented experience.
  • Superior negotiation, organization, and project management skills.
  • Strong communication, quantitative, and interpersonal skills.
  • Ability to communicate effectively with all levels of the organization.

Nice To Haves

  • Advanced degree or relevant coursework.
  • Strong computer database management and spreadsheet software capability.
  • 5 or more years of related experience.

Responsibilities

  • Manage leasing and acquisition of real property interests needed for administrative, clinical, and research space.
  • Lead negotiations for contracts of sale, leases, licenses, easements, and other transaction instruments; coordinate the transaction process with external parties and internal teams from strategic conception through execution and implementation in the REDF portfolio.
  • Assist with management of the real estate portfolio, including liaising on lease disputes and other tenant matters for the division and occupants of the health system’s off-campus portfolio.
  • Prepare property budgets for projected development and occupancy costs for proposed transactions and monitor budget performance against initiatives.
  • Analyze the real estate portfolio, including current and future space needs, market trends and availability, and potential acquisition or disposition opportunities in response to institutional needs.
  • Prepare executive presentations and internal approval documents for health system administration, board committees, and trustees; plan and develop property-related capital projects.
  • Review expense invoices for compliance with lease agreements and prepare budget documents, spreadsheets, and forecasts related to portfolio management.
  • Participate in lease administration systems and processes, including calculating and entering lease terms and rent schedules, tracking critical dates, maintaining lease abstracts, and producing portfolio data for real estate and financial reporting.
  • Perform other duties as assigned.

Benefits

  • Comprehensive benefits and wellness package.
  • Financial security benefits.
  • Generous time-off program.
  • Employee resource groups for peer support.
  • Holistic employee wellness program covering physical, mental, nutritional, sleep, social, financial, and preventive care.
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