Verizon Communications

Real Estate Manager

Verizon Communications • $86K — $165K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or four years of work experience.
  • Four years of relevant experience in real estate or related fields.
  • Willingness to travel up to 25% of the time.
  • Valid driver's license.

Responsibilities

  • Negotiate complex real estate transactions including sales, leases, and easements.
  • Identify and execute monetization opportunities within the real estate portfolio.
  • Act as a single point of contact for transactions, liaising with multiple stakeholders.
  • Prepare detailed financial analyses for various real estate transactions.
  • Ensure proper funding and project scope, drafting required documentation.
  • Negotiate acquisitions, dispositions, and subleases with third parties.
  • Conduct comprehensive market studies to identify trends and values.

Benefits

  • Comprehensive health and wellness benefits including medical, dental, and vision.
  • Matched 401(k) savings plan and paid holidays.
  • Paid parental leave and adoption assistance.
  • Tuition assistance for professional development.
  • Up to 15 days of vacation which increases with service.
Full Job Description
What we’re looking for...

The Manager of Real Estate Transactions will be responsible for the negotiation of complex transactions including sales, leases, purchases, development agreements, easements and more. They will manage the direct and outsourced team associated with complex transactions to ensure optimal results and that all financial objectives are met. They will partner closely and act as the single point of contact for all other functions within the business such as strategic planning, legal, operations, finance and all necessary stakeholders to bring any project to completion.  Additionally, this role will be responsible for gathering new prospective transactions and reporting findings out to senior leadership.

  • Negotiating transactions from an owners perspective including: sales, new site requirements, subleases, purchases, renewals, dispositions, easements, development sales, etc. 
  • Identifying & executing monetization opportunities within the portfolio, including complex separation/subdivision/condominium sales.  
  • Assuming end to end responsibility for all transactions including acting as a single point of contact to third parties (landlords / owners / purchasers, adjacent property owners), engagement and handoff to appropriate disciplines within GRE.
  • Preparing detailed financial analysis for all transactions, such as: lease vs buy, investment sales, buyout analysis, etc.
  • Ensuring funding & scope are correctly identified and communicated. Draft CAS documents for all deals to secure senior management approval.
  • Negotiating complex acquisitions, dispositions, and subleases.
  • Performing comprehensive market studies on a national basis identifying market trends, values, rental rates, due diligence.
  • Interacting with the leadership team on market metrics, making recommendations regarding transactional structures, etc.
  • Managing national transactions service providers. This entails negotiating contracts, developing and measuring KPI's, providing direction and feedback on performance, etc.
  • Acting as a key stakeholder in resolving legal matters as they arise.
  • Developing departmental budgets and report out on variances to leadership each quarter.
  • Participating in broker selection on a case by case basis.
  • Acting as a single point of contact for all wireless network locations in which GRE has been asked to execute on a transaction.

What we are looking for:

You’ll need to have:

  • Bachelor’s degree or four or more years of work experience.
  • Four or more years of relevant experience required, demonstrated through one or a combination of work and/or military experience, or specialized training.
  • Willingness to travel up to 25% of the time.
  • A valid driver's license.

Even better if you have:

  • Advanced degree in real estate or MBA.
  • Experience managing a team.
  • Experience in commercial real estate leasing and sale fundamentals, law, financials as well as associated terms and processes.
  • Ability to work well with other corporate disciplines such as Tax, Legal, Risk Management, Environmental Manager, Security, Lease Administration, Treasury and Accounts Payable.
  • Strong negotiation and interpersonal skills.
  • Ability to perform a detailed market search.
  • Experience in real estate program management and knowledge of wireless real estate.
  • Computer skills including familiarity with financial modeling and systems for managing projects.
  • Ability to interface with senior leadership, building occupants, landlords, buyers and other contacts in the daily management of projects.
  • Ability to assemble and lead project specific teams.
  • Strong communication skills at all levels - both verbal and written.
  • Strong analytical and presentation skills.
  • Knowledge of financial systems.
  • Skills to evaluate technical drawings, surveys, property reports, market data, appraisals or other documents.
  • Understanding of the property due diligence process including the interpretation of third party reports, identifying legal issues, and risks.

If Verizon and this role sound like a fit for you, we encourage you to apply even if you don’t meet every “even better” qualification listed above.


Where you’ll be working
In this hybrid role, you'll have a defined work location that includes working from home and a minimum of three days per week in the office, which will be set by your manager. Employees are responsible for maintaining compliance with hybrid work policies.

Scheduled Weekly Hours
40

Benefits and Compensation

Our benefits are designed to help you move forward in your career, and in areas of your life outside of Verizon. From health and wellness benefit options including: medical, dental, vision, short and long term disability, basic life insurance, supplemental life insurance, AD&D insurance, identity theft protection, pet insurance and group home & auto insurance. We also offer a 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 and tuition assistance, plus other incentives, we’ve got you covered with our award-winning total rewards package. Depending on the role, employees have the opportunity to receive compensation in the form of premium pay such as overtime, shift differential, holiday pay, allowances, etc. Newly hired employees receive up to 15 days of vacation per year, which grows with additional service. For part-timers, your coverage will vary as you may be eligible for some of these benefits depending on your individual circumstances.

The salary will vary depending on your location and confirmed job-related skills and experience. This is an incentive based position with the potential to earn more. For part-time roles, your compensation will be adjusted to reflect your hours.

The annual salary range for the location(s) listed on this job requisition based on a full-time schedule is: $86,000.00 - $165,000.00.

About Verizon Communications

MCIS delivers wireless links, turn-key systems, broadband leases, and system maintenance.

Verizon Communications Careers

Join the vibrant team at Verizon Communications, a global leader in technology and communications, where innovation meets purpose. Our diverse and inclusive culture champions forward-thinking and offers a plethora of job opportunities that cater to enhancing your professional growth and career trajectory. Work You’ll Do At Verizon Communications, you will be part of a dynamic team that is at the forefront of driving digital transformation in the telecommunications industry. Our commitment to diversity and innovation is not just about staying competitive but fostering an environment where all employees can thrive. Lead with Innovation Embrace the opportunity to work on groundbreaking projects that redefine how people connect. Verizon is not just a company; it's a community of leaders and innovators. With over tens of thousands of employees worldwide, our leadership is committed to providing a platform where skills and ideas converge to create impactful solutions. Join Our Inclusive Team Verizon’s commitment to diversity and inclusion is integral to our company’s ethos. We believe in empowering our team members by providing them with the tools, resources, and support they need to succeed. This includes comprehensive benefits, diversity training, and opportunities for professional development. Explore Career Opportunities Whether you’re looking for a full-time position, an internship, or a leadership role, Verizon offers a range of employment options to match your career ambitions. Our team is hiring creative and solution-driven professionals who are eager to learn and grow. Networking and Professional Growth Advance your career with Verizon’s unmatched opportunities for professional growth. Engage in networking events, leadership programs, and training sessions designed to hone your skills and expand your industry knowledge. Internship Programs Kickstart your career with a Verizon internship. Gain hands-on experience, work with seasoned professionals, and understand the inner workings of one of the world’s leading tech companies. Our internships offer a unique insight into our company culture and operations, setting a solid foundation for your career. Benefits and Culture At Verizon, we prioritize the well-being of our team members. Enjoy a comprehensive package of benefits that supports both your professional and personal life. Our culture promotes work-life balance, employee wellness, and continuous learning. Stay Connected Join Our Team Explore the various job opportunities at Verizon Communications and find the position that best suits your skills and interests. We are looking for passionate, curious, and innovative team players. Keep Up to Date Stay informed with the latest career tips, insider perspectives, and industry-leading insights—all from the people who work here. Job Alert Emails Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Verizon Communications. Join Verizon Communications today and be part of a team that values leadership, innovation, and diversity. Shape your future in an environment where your work makes a real impact.
Learn more about Verizon Communications
Size
118,400 employees
Market Cap
$164.4 billion
Industry
Net Income
$17.8 billion
Founded
1983
5 Year Trend
+1.2%
Revenue
$128.2 billion
NASDAQ

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