Real Estate Senior Manager
About The Position
The Senior Manager of Real Estate Transactions negotiates complex real estate transactions, including sales, leases, purchases, development agreements, easements, and related matters. The role manages direct and outsourced transaction teams to achieve optimal results and meet financial objectives, while serving as the primary point of contact for internal business functions and external parties throughout project completion. The position also develops prospective transactions and reports findings to senior leadership. The role is responsible for transaction execution across a national portfolio, including financial analysis, market studies, funding and scope communications, management approvals, provider performance, legal matters, departmental budgets, and broker selection. Transaction values range from $1 million to $100 million. It also serves as the point of contact for wireless network locations for which GRE has been asked to execute a transaction. This is a hybrid position with a defined work location, a minimum of three office days per week, and work from home. Travel of up to 25% is required.
Requirements
- Bachelor’s degree or four or more years of work experience.
- Six or more years of relevant experience.
- Willingness to travel up to 25% of the time.
- Valid driver’s license.
Nice To Haves
- Advanced degree in real estate or MBA.
- Experience managing a team.
- Experience with commercial real estate leasing and sale fundamentals, law, financials, terms, and processes.
- Ability to work effectively with corporate disciplines such as Tax, Legal, Risk Management, Environmental Management, Security, Lease Administration, Treasury, and Accounts Payable.
- Strong negotiation and interpersonal skills.
- Ability to perform detailed market searches.
- Experience in real estate program management and knowledge of wireless real estate.
- Computer skills, including familiarity with financial modeling and project management systems.
- Ability to interface with senior leadership, building occupants, landlords, buyers, and other project contacts.
- Ability to assemble and lead project-specific teams.
- Strong verbal and written communication skills at all levels.
- Strong analytical and presentation skills.
- Knowledge of financial systems.
- Ability to evaluate technical drawings, surveys, property reports, market data, appraisals, and other documents.
- Understanding of property due diligence, including interpreting third-party reports, identifying legal issues, and assessing risk.
Responsibilities
- Negotiate real estate transactions from an owner’s perspective, including sales, new site requirements, subleases, purchases, renewals, dispositions, easements, and development sales.
- Identify and execute portfolio monetization opportunities, including complex separation, subdivision, and condominium sales.
- Manage transactions end to end, serving as the single point of contact for third parties and coordinating engagement and handoff to appropriate GRE disciplines.
- Prepare detailed financial analyses, including lease-versus-buy, investment sales, and buyout analyses.
- Ensure funding and scope are identified and communicated; draft CAS documents to obtain senior management approval.
- Negotiate complex acquisitions, dispositions, and subleases.
- Conduct national market studies of trends, values, rental rates, and due diligence.
- Report market metrics to leadership and recommend transaction structures.
- Manage national transaction service providers, including negotiating contracts, developing and measuring KPIs, and providing direction and performance feedback.
- Serve as a key stakeholder in resolving legal matters.
- Develop departmental budgets and report quarterly variances to leadership.
- Participate in broker selection on a case-by-case basis.
- Serve as the point of contact for wireless network locations where GRE has been asked to execute a transaction.
Benefits
- Medical, dental, and vision benefits.
- Short- and long-term disability insurance.
- Basic and supplemental life insurance and AD&D insurance.
- Identity theft protection.
- Pet insurance and group home and auto insurance.
- Matched 401(k) savings plan.
- Up to 8 company-paid holidays per year and up to 6 personal days per year.
- Paid parental leave.
- Adoption assistance.
- Tuition assistance.
- Other incentives and an award-winning total rewards package.
- Potential premium pay, such as overtime, shift differential, holiday pay, or allowances, depending on the role.
- Up to 15 days of vacation per year for newly hired employees, increasing with additional service.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
