Drivetime

Senior Associate, Real Estate

Drivetime$75K — $95K *
Tempe, AZ 85281In-Person
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in real estate, finance, or a related field.
  • 5-10 years of experience in commercial real estate acquisitions.
  • Experience supporting multi-site national retailers or operators.
  • Proven success negotiating leases and purchase agreements across multiple states.
  • Strong financial modeling, analytical, and executive presentation skills.
  • Proficiency with real estate analytics platforms and GIS tools.
  • Proven self-starter with consistent execution results.

Responsibilities

  • Support new store growth, relocations, expansions, and dispositions across various asset types.
  • Execute end-to-end real estate transactions, including site selection, negotiation, due diligence, and closing.
  • Manage pipelines of LOIs, leases, and purchase agreements in coordination with legal counsel.
  • Assist with lease renewals and portfolio optimization for over 200 properties.
  • Perform financial analysis and deal underwriting to assess risks and returns.
  • Present deal approval packages for acquisitions and manage entitlements.
  • Build and cultivate relationships with external partners and stakeholders.

Benefits

  • Hybrid work approach with a minimum on-site expectation of three days per week.
  • Comprehensive medical, dental, and vision insurance coverage.
  • 401(K) plan, company-paid life insurance, and short/long-term disability coverage.
  • Professional growth opportunities with a robust promotion culture.
  • Tuition reimbursement for continued education.
  • Wellness program with incentives for healthy living.
  • In-house gym and wellness activities to promote health and fitness.
  • Paid time off policy, including wellness days and vacations.
Full Job Description
That's Nice, But What's the Job?

In short, as a Senior Real Estate Associate, you support the expansion and optimization of one of the largest automotive real estate portfolios in the U.S. This role is responsible for national real estate acquisitions and portfolio strategy across retail, industrial, and office assets supporting a $4.0B+ annual revenue business and 200+ locations nationwide.

In long, our Senior Real Estate Associate is responsible for:
  • Support new store growth, relocations, expansions, and dispositions across retail, industrial, and office assets.
  • Execute end-to-end real estate transactions including site selection, negotiation, due diligence, and closing support.
  • Manage active pipelines of LOIs, leases, and purchase agreements in partnership with internal and external legal counsel.
  • Assist with lease renewals and portfolio optimization across 200+ properties.
  • Perform financial analysis and deal underwriting to evaluate risks, returns, and overall deal viability.
  • Support site selection and profitability modeling using internal financial models, demographic data, market analytics platforms, and GIS mapping tools.
  • Prepare and present deal approval packages for acquisitions, relocations, expansions, subleases, and dispositions.
  • Build and manage relationships with brokers, landlords, developers, attorneys, and municipal officials nationwide.
  • Coordinate closely with internal stakeholders and legal teams to ensure timely transaction execution.
  • Coordinate and track due diligence activities including environmental, zoning, title, survey, and construction feasibility.
  • Support entitlement processes by securing zoning approvals, use permits, and variances.
  • Present projects before city councils, planning commissions, and zoning boards as needed.


So What Kind of Folks Are We Looking for?
  • Excellent verbal and written communication skills. The ability to talk and write with confidence, charisma and competence for a wide variety of audiences including management.
  • Passionate and goal-oriented. We are looking for someone that is enthusiastic about their work and is passionate about not only meeting their goals but exceeding them.
  • Entrepreneurial spirit. An attitude and approach to thinking that actively seeks out change. You'll need a mindset that embraces critical questioning, innovation and continuous improvement.
  • Strategic thinker. We are looking for an individual that takes an insightful, future oriented, open-minded and proactive approach to thinking.
  • Operate autonomously. This isn't a "hold your hand" kind of role. We give you autonomy to be creative in your space and do your thing. We need an individual that is self-motivated to get the work done and get the work done well.
  • Agile in a fast-past environment. We move, and we move quickly. Thriving in an environment that never stops, is a must.
The Specifics.
  • Bachelor's degree in real estate, finance, or a related field.
  • 5-10 years of experience in commercial real estate acquisitions.
  • Experience supporting multi-site national retailers or operators.
  • Proven success negotiating leases and purchase agreements across multiple states.
  • Strong financial modeling, analytical, and executive presentation skills.
  • Proficiency with real estate analytics platforms and GIS tools.
  • Proven self-starter with consistent execution results.


So What About the Perks? Perks matter
  • We take a hybrid work approach, finding balance between the benefits of in-person and work-from-home environments. This position has an on-site expectation of a minimum of three days a week.
  • Medical, dental, and vision, oh my! DriveTime Family of Brands covers a sizable amount of insurance premiums to ensure our employees receive top-tier healthcare coverage.
  • But Wait, There's More. 401(K), Company paid life insurance policy, short and long-term disability coverage to name a few.
  • Growth Opportunities. You grow, I grow, we all grow! But seriously, DriveTime Family of Brands is committed to providing its employees with every opportunity to grow professionally with roughly over 1,000 employees promoted year over year.
  • Tuition Reimbursement. We're as passionate about your professional development as you are. With that, we'll put our money where our mouth is.
  • Wellness Program. Health is wealth! This program includes self-guided coaching and journeys, cash incentives and discounts on your medical premiums through engaging in fun activities!
  • Gratitude is Green. We offer competitive pay across the organization, because, well... money matters!


  • In-House Gym. We want our employees to be the best versions of themselves. So come early, take a break in your day or finish strong with a workout!
  • Give Us a Reason (or not), and We'll Celebrate. Regardless of whether there is a holiday or not, we are finding ways to kick back and enjoy each other's company outside of day-to-day work.
  • Smart-Casual Dress. Come dressed in jeans (you'll fit right in with the rest of us).
  • Paid Time Off. Not just lip service: we work hard, to play hard! Paid time off includes (for all full-time roles) wellness days, holidays, and good ole' fashioned YOU time! For our Part-timers, don't fear you get some time too...vacation time is available - the more you work, the more you earn!


Anything Else? Absolutely.

And when it comes to hiring, we don't just look for the right person for the job, we seek out the right person for DriveTime. Buckle up for plenty of opportunities to grow in a professional, fun, and high-energy environment!

About Drivetime

DriveTime Automotive Group, Inc. is one of the largest used car dealership chains in the United States. The company specializes in providing auto financing for people with poor credit or no credit. DriveTime operates over 140 dealerships in 27 states and has sold over 1 million cars since its founding in 2002. The company's mission is to help people find and finance the perfect vehicle regardless of their credit history. DriveTime is headquartered in Phoenix, Arizona.
Learn more about Drivetime
Size
5,000 employees
Industry
Founded
2018

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