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Overview
The Real Estate Senior Associate will support the development and implementation of real estate strategies 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, including the following:
Collaborate with Archdiocese and Parish leadership to define and implement a strategy to optimize the value of their properties while meeting broader parish objectives.
Negotiate and structure acquisitions and dispositions of property, prepare due diligence materials, and prepare written materials needed to obtain all required authorizations.
Negotiate and structure new leases and lease renewals, assessing them to ensure competitiveness with the local market
Support portfolio management by establishing and/or maintaining of portfolio-related data, including
Maintaining an active database of all properties, leases, and opportunities for reuse
Monitoring tenant compliance with leases, and 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 reports and analysis of deal opportunities and status for senior leadership.
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