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Overview
The Real Estate Senior Associate will support the development and implementation of real estate strategy to align archdiocesan priorities and mission while optimizing property use and value. This includes negotiating land and building sales, lease documents, operating agreements as well as managing the needs of the existing portfolio. This role works within a small group of dedicated real estate professionals and reports directly to the Director of Real Estate. The team is responsible for all matters related to the ownership of over 1,500 buildings and land parcels.
Responsibilities
The role’s primary responsibility is to assist parishes and other archdiocesan entities with their real estate related needs. The Senior Associate will work under the guidance of the Director and Associate Directors on property dispositions, structuring of leases, and asset management. Specific activities will include the following:
Prepare written due diligence materials, project tracking, and narratives
Negotiate and structure dispositions, new leases, lease renewal agreements, assessing them to ensure competitiveness with the local market
Communicate with Parish leadership
Assessing marketing opportunities, zoning analyses, and undertaking other pre-development activities.
Support portfolio management by establishing and/or maintaining of portfolio-related data, including monitoring tenant compliance with leases
Engaging with tenants and parish leadership to resolve conflicts
Build and maintain detailed knowledge of real estate market values and trends
Establish and maintain relationships with real estate professionals knowledgeable about the leasing and sales markets in the various geographic markets in the archdiocese
Draft succinct, clear reports and analysis of deal opportunities, market conditions, and development potentials
Qualifications
2+ years of relevant commercial real estate or similar experience.
Knowledge of commercial real estate practices, including general understanding of deal flows, zoning, appraisals, public process, and environmental review, survey, and title
Ability to independently operate and self-motivate to problem solve.
Strong interpersonal skills with ability to build and maintain relationships
Strong project management, multitasking, and organization skills.
Ability to communicate effectively through written materials.
Degree in Business, Real Estate, Law, Urban Planning or related business preferred.
Experience in commercial brokerage, investment sales, commercial fit out or relocation, and other relevant expertise will be useful
Proficient with MS Office Suite
Compensation range for this position is $110-145k, annually.
Interested candidates should send a cover letter and resume to:
Luisa.Otero3@archny.org