Sr Real Estate Analyst

Vanderbilt University Medical Center•Nashville, TN

2d•Hybrid

About The Position

Vanderbilt University Medical Center (VUMC) is seeking a Sr Real Estate Analyst to administer existing and new leases within the organization’s portfolio. This role involves negotiating new leases and amendments for expansion, new office, or clinic sites. The analyst will also support lease portfolio maintenance and negotiations for affiliated entities, as well as manage leases and subleases where VUMC is the landlord or sublandlord. Additionally, the position includes leading property tours. VUMC Real Estate serves as the central point of contact for leasing, property acquisition, property sales, and oversight of third-party landlord property management for VUMC and affiliated entities. This includes setting up rent payments and reviewing annual reconciliations for all portfolio leases.

Requirements

Bachelor’s Degree
5 years of relevant work experience which must include negotiation of commercial leases
Knowledge of lease structure including common key economic components of leases
Documentation (Expert)
Document Auditing (Advanced)
Real Estate Contracts (Expert)
Contract Negotiations (Advanced)
Verbal Communication (Advanced)
Database Knowledge (Advanced)
Written Communication (Advanced)

Nice To Haves

7 years of relevant work experience is preferred
Knowledge of healthcare real estate is preferred
Project management and basic knowledge of how construction projects are managed and delivered is preferred

Responsibilities

Administers the existing and new leases within the organization’s portfolio in an independent manner.
Negotiates new leases and/or amendments tied to expansion of existing sites and/or new office or clinic sites.
Supports lease portfolio maintenance and negotiations tied to affiliated entities as well as leases and subleases in which the organization is the landlord or sublandlord.
Leads property tours.
Coordinates requests for new and renewal of full-time leases.
Researches annual lease operating expenses and coordinates with Landlords to seek additional information as needed.
Generates documentation including but not limited to memos, lease abstracts, excel spreadsheets; power point presentations and other briefing documents as needed.
Implements and maintains various tracking tools for the office (examples include tracking of tenant improvement allowance and commencements).
Participates in generating all documentation needed to close out files; and cooperates with other team members in the organizational system for storing such documents (both electronic and hard copy).
Must become competent in setting up rent in the organizational systems.
Must be prepared to travel by car to conduct property tours and site follow-up including but not limited to landlord delivery and punch walks.
This position will support all of the Vanderbilt Health related matters in the field.