Vice President, Private Real Estate | Essential Service Retail (ESR)Location: Dallas, TX or Philadelphia, PAJob Overview:The Vice President, Essential Service Retail (ESR) will be responsible for the performance of an existing portfolio of shopping centers and for acquisition activity within a geographic region of the United States. The regional portfolio currently includes 15+ unanchored, small-suite shopping centers, and the ESR platform has more than $400 million of dry powder to invest. On the investment side, the VP sources and leads execution of new acquisitions across multiple concurrent transactions in major metropolitan markets, and frames and presents investment recommendations to the investment committee. On the portfolio side, the VP drives business plan execution for each asset, including leasing and lease-up, capital expenditure oversight, and hold/sell decisions through disposition. The VP manages and mentors a team of Associates and Analysts and builds external relationships with brokers, owners, and lenders. The position will be based in CenterSquare's Dallas or Conshohocken (suburban Philadelphia) office.
Key Responsibilities:Investment Sourcing, Strategy & Market Leadership:- Source and originate direct ESR investment opportunities, maintaining a consistent pipeline aligned with the firm's value-add and core-plus shopping center investment strategies.
- Develop and deepen relationships with retail brokers and owners to drive proprietary deal flow and long-term business growth.
- Maintain current retail market intelligence and contribute to the development and refinement of investment strategies, incorporating evolving macro trends and capital markets dynamics.
Deal Execution, Structuring & Financing:- Oversee and coordinate underwriting and due diligence processes for shopping center acquisitions, ensuring analytical rigor and alignment with investment objectives.
- Structure, negotiate, and execute purchase & sale agreements, loan agreements and related transaction documentation.
- Lead active asset management across a significant portfolio of ESR shopping centers, driving business plan execution, lease-up, capital expenditure oversight, and hold/sell decision-making.
Presentations & Reporting:- Frame and present investment recommendations at the investment committee, managing the Q&A process and influencing outcomes with well-supported analysis.
- Represent the firm with brokers, lenders, and owners in external meetings and negotiations.
- Contribute to investor reporting and support broader platform communications as needed.
Leadership & Team Development:- Manage and mentor Associates and Analysts, providing coaching and clear performance expectations.
- Coordinate across internal functions to ensure strong execution throughout the investment lifecycle.
- Contribute to team culture and organizational capacity by modeling execution standards and investment judgment that junior professionals can learn from and build on.
Qualifications:- Bachelor's degree in Real Estate, Finance, Accounting, or a related field
- 7-15 years of real estate investment experience with demonstrated deal execution across the full investment lifecycle
- Comprehensive understanding of real estate fundamentals, capital markets, and investment structuring
- Proven ability to source investment opportunities and develop relationships with brokers, operators, and capital partners
- Exceptional quantitative underwriting skills; expert Argus and Excel proficiency
- Strong interpersonal, verbal, and written communication skills; ability to represent the firm effectively with external stakeholders
- Demonstrated experience managing junior professionals and coordinating cross-functional teams
- Expect to be acquiring 1-2 shopping centers per month; overnight travel required monthly
No Visa Sponsorship
