We are seeking a talented and experienced individual to join our growing team as a Real Estate Manager to assist our Real Estate Team in overseeing our mental health portfolio. This is a great opportunity for someone who is excited about being part of the early stages of growing our business. Most importantly we're looking to bring someone into our team who is excited about our mission to improve mental healthcare across the country.
The Real Estate Manager is responsible for ongoing management and improvement of Geode Health's Real Estate portfolio of locations throughout the United States and sourcing new locations to support the company's strategic growth plan.
Responsibilities:- Site Research- Source and present potential sites, both through self-performance and external broker relationships, leveraging data to guide site selection. Conduct market research, evaluating market conditions using Costar and other RE tools, and assist in comprehensive due diligence review of prospective sites to help with the site selection process and site design. Evaluate compliance with local zoning, permitting & use regulations, and requirements.
- Transaction Negotiation/Management- Manage assigned real estate transactions from site search/evaluation through opening. Review reports and site analysis including market surveys, BOV's, geo-mapping, proformas and budgets. Manage the brokerage services partner, as applicable, while remaining accountable for transaction outcomes and escalate material exceptions or complex matters as necessary. Negotiate and draft detailed LOIs for real estate deals, including acquisitions, renewals, contractions, expansions, and dispositions, ensuring terms align with Geode Health standards and business needs.
- Portfolio Management- Monitor key lease dates including expirations, option notices, termination notices, etc. Review financial statements and reports and provide updated real estate information as needed. Assist in the administration of all leases held by Geode Health and in maintaining accurate real estate lease database and files. Help review analysis and reports including reconciliation of CAM, rents, and charges and assist in tracking performance of real estate portfolio in partnership with Finance and Operations teams.
- Collaboration- Communicate objectives and strategies to broker partners and facilitate ongoing management of broker network. Coordinate internal and external subject-matter experts to resolve issues, align real estate strategies with business objectives, and support project handoffs. Collaborate with the Legal team on lease document reviews and redlines. Develop and maintain relationships with key landlords and brokers, while effectively communicating with and managing expectations of internal and external business partners.
Ideal Candidate Profile:- Passionate about our mission and inspiring others while being willing to contribute to the collective effort both within own scope - and beyond - as needed
- Bachelor's Degree preferably in real estate or related business discipline
- 5+ years of experience in corporate real estate, managing portfolios and negotiating transactions with special consideration to those with healthcare experience
- Experience using Microsoft Office 365 including Word, Excel, and Outlook and Costar and other RE Management tools and programs
- Extensive knowledge of real estate leases and negotiation with strong market analysis skills and effective site selection abilities
- Strong knowledge of real estate processes, transaction management, and experience interpreting lease and financial information, reviewing land use and zoning
- Effective deal negotiator with demonstrated organizational and project management skills
- Proven ability to meet deadlines, maintain attention to detail, and manage multiple projects/priorities
- Excellent written and verbal communications skills
Remote position with ability to travel up to 30%
Estimated earnings: $95,000.00-$125,000.00
