Real Estate Manager

Life Time•Chanhassen, MN

1d•Hybrid

About The Position

The Real Estate Team is a significant part of the growth engine of our company. We thrive on finding the best property and markets to expand our portfolio of Athletic Resort destinations. We work side by side with our Team Members in the Property Development group by leveraging continual collaboration throughout the life cycle of each project. When you join our team, you are joining a group of fun and talented people. We offer an incredible benefits package, generous club discounts, and a fully subsidized Signature Life Time membership. Position Summary Life Time isn't just building clubs. We're building destinations where people come to live a Healthy Way of Life. As our Real Estate Manager, you'll be the person on the ground finding the next great location: scouting sites, reading markets, and turning raw land into the next Life Time Athletic Country Club or mixed-use Healthy Way of Life development. You'll work at the intersection of strategy and boots-on-the-ground hustle, visiting new markets, building broker relationships, running the numbers, and bringing your findings to the table with our architecture, construction, legal, operations, and development teams. With 195+ locations already serving 1.5M+ members across the U.S. and Canada, you'll be helping write the next chapter of where Life Time shows up next. If you love the deal-making side of real estate as much as the "why does this market make sense" side, and you want to see something you sourced go from a spreadsheet to a grand opening, this is your seat at the table.

Requirements

A four-year college degree
5 to 8 years of real estate analysis and acquisition experience
2 years of management experience
Sharp instincts for real estate finance, site development, and negotiation
The ability to juggle multiple deals and deadlines without losing precision
A knack for pulling insight out of data and turning it into a clear recommendation
Strong written and verbal communication; you'll be presenting to senior leaders and the Board
Project management chops that keep complex, multi-team deals moving

Responsibilities

Scout new markets and build deployment strategies for future Life Time locations
Dig into market and trade area studies to identify where we should grow next
Keep a pulse on assigned trade areas, tracking development opportunities over time
Build and maintain a broker network that consistently surfaces land opportunities aligned with our growth strategy
Pursue high-quality sites using fact-based, metrics-driven decision-making
Evaluate potential sites across demographics, accessibility, utilities, land composition, and location fit against our brand standards
Write and present business plans to the Board of Directors, laying out the market opportunity and the case for investment
Assess the competitive landscape: who's nearby, what they offer, what they charge, and whether they matter
Negotiate Letters of Intent, Purchase Agreements, and Leases
Guide sites through civil engineering, site planning, and entitlement once land is secured
Partner with our SVP of Real Estate and Development and senior leadership on final site walkthroughs and approvals
Manage the disposition of excess property when needed

Benefits

A fully subsidized membership
Discounts on Life Time products and services
401(k) retirement savings plan with company discretionary match (21 years of age and older)
Training and professional development
Paid sick leave where required by law
Medical, dental, vision, and prescription drug coverage
Short term and long term disability insurance
Life insurance
Pre-tax flexible spending and dependent care plans
Parental leave and adoption assistance
Paid time off, including 5 to 20 vacation days per calendar year (based on tenure) and paid sick leave
Deferred compensation plan, if the team member meets the required income threshold