Real Estate Manager

PDS Health•Irving, TX

12d•$104,000 - $136,000

About The Position

The Real Estate Manager (REM) is responsible for site selection, deal flow, development, leasing / contract negotiations and management of real estate for PDS Health and affiliated entities. REM will assist the Director of Real Estate with analysis for company real estate expansion into new markets. REM will visit, select and approve new retail locations for final approval by the PDS Development Committee. The REM is to provide leadership in site selection, supporting the policies and goals of the company, and thus participating in the growth and future of PDS.

Requirements

Equivalent to high school diploma or general education degree (GED) and five or more years of both complex business and real estate experience; or equivalent combination of education, training, and experience.
Requires knowledge of industry practices, business correspondence and business principles relative to site selection and deal flow for locating new retail locations.
Skills required include knowledge of WORD, EXCEL and other software applications necessary to manage retail locations, as well as use of standard office equipment (e.g., telephones, copiers, facsimiles, calculators).
Ability to read, analyze, and interpret common financial reports, and legal documents. Ability to respond to common inquiries from tenants, attorneys, real estate brokers, bankers, or other members of the business community.
Ability to draw valid conclusions and apply sound judgment in making decisions. Ability to efficiently accomplish tasks and work as a team leader in attainment of goals. Ability to interpret and apply policies and procedures.
Ability to work with and apply mathematical concepts such as fractions, percentages, ratios, and proportions to practical situations.
Excellent problem solving skills.
Ability to work independently, and make decisions based on limited information or guidance.
Ability to multitask effectively and work in a fast paced and sometimes ambiguous environment, without compromising quality of work.
Team player and contributor coupled with excellent communication skills and interpersonal skills.
Have a good understanding of general accounting principals in order to be qualified to prepare operating budgets, CAM estimates, as well as audit operating budgets prepared by other Landlords.

Nice To Haves

Bachelor’s or Master’s degree in Business, Finance, or Real Estate.
Knowledge of WORD, EXCEL, Adobe Acrobat, GIS / Mapping Software, Demographic/Psychographic Software and various other software applications.

Responsibilities

Have a good understanding of the local markets that PDS operates locations (i.e., California, Arizona, Nevada, Colorado, New Mexico, Texas, Utah).
Work closely with the Director of Real Estate to identify and acquire future sites.
Perform due diligence on parcels to be purchased or landlord owned lease space, which includes, but not limited to, analysis of all site selection analysis (i.e. traffic counts, visibility, ingress/egress, signage, Phase 1, dental competition, demographic/psychographics, etc.)
Prepare, review, negotiate and finalize LOIs / Leases and Purchase / Sales Agreements for prospective real estate developments.
Oversee a team of real estate brokers located locally in the regions PDS operates.
Prepare marketing and financial packages for new developments, which include the preparation of Executive Summaries, Market Summaries, estimated financial information, and background on the company.
Have an in-depth understanding of the leasing process from both a Landlord and Tenant prospective, as well as be able to effectively negotiate Letters of Intent and Leases.
Manage portfolio of upcoming PDS renewals and potential relocations.
Develop and maintain good working relationships with Attorneys, Real Estate Brokers, Developers, Financial Institutions, as well as other vendors.
Provide effective leadership, coaching, and mentoring in an effort to identify and implement opportunities for improvement and to execute best practices.
Participate in Human Resources activities, such as recruiting, selecting, developing talent, performance reviews, salary administration, etc. for subordinate team members.
Coach and mentor less experienced subordinate team members, and create environment for knowledge transfer and cross-training.
Maintain an appropriate professional appearance and demeanor in accordance with Company policies. Ensure compliance with Company policies, as well as State, Federal and other regulatory bodies.
Assist, when necessary, the PDS Property Manager(s) to ensure the leased retail space is well maintained by the Owner and all needed repairs are completed in a timely fashion.
Assist, when appropriate, the PDS Property Manager(s) in the audit of common area costs for leased retail space.
Other duties as assigned by management.