Real Estate Director

 Posted 2 days ago
     
 $140K - $150K per year
  
5-10 years experience
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AI Summary

The Real Estate Director will oversee site selection, lease negotiations, and portfolio management for new mental health offices. They will also lead process improvements and collaborate with finance and legal teams to ensure operational efficiency.

Geode Health is a rapidly growing, national provider of outpatient mental health services. Our Mission is to “Transform mental health by making it more accessible, affordable and effective”.

Job Description

We are seeking a talented and experienced individual to join our growing team as a Real Estate & Leasing Director to oversee our new mental health offices. This is a great opportunity for someone who is excited about being part of the early stages of growing our business.  

Our ideal candidate is a strategic leader and a team player who is also not afraid to roll up their sleeves and dig in. Most importantly we’re looking to bring someone into our team who is excited about our mission to improve mental healthcare across the country. 

Site Selection:  

  • Source and present potential sites to Geode team decision makers, leveraging data to guide site selection  

  • Lead comprehensive due diligence review of prospective sites  

  • Assist with the site selection process and site design  

  • Assist in creating and reviewing reports and analysis including market surveys, geo-mapping, rent projections and proforma budgets  

  • Develop and maintain relationships with key landlords and brokers, while effectively communicating with and managing expectations of internal and external business partners  

Lease Negotiations & Execution:  

  • Evaluate market conditions and comps to ascertain market values  

  • Prepare LOI’s for new sites, leases, tenant improvement requests, lease renewals and terminations ensuring terms align with Geode Health standards and business needs  

  • Work with the Geode Health legal team to review all real estate documents prior to execution  

  • Facilitate legal review of client-held leases between landlord and legal team, assisting with generation of lease documents as needed  

  • Ensure that the legal team is on track with contract process including critical dates  

  • Set up utility accounts upon lease execution, as needed  

  • Set up landlords to receive initial and ongoing lease payments   

Real Estate Portfolio Management:  

  • Oversee the administration of, tracking and auditing of all leases held by Geode Health  

  • Maintain accurate real estate lease database   

  • Coordinate real estate payment processes, working closely with Accounts Payable and Accounts Receivable   

  • Complete estoppels, SNDA’s and amendments as prescribed in leases   

  • Partner with accounting to develop and/or support audit completion, real estate accounting compliance, and tenant improvement allowance collection  

  • Complete lease related analysis and reports including reconciliation of CAM, rents, and charges  

  • Track performance of Real Estate portfolio in partnership with Finance and Operations  

  • Administer and negotiate lease renewals for existing practices, to include but not limited to lease terminations, extensions and rent deductions 

Process Improvement:  

  • Identify and recommend opportunities to improve real estate processes, costs and/or tools  

  • Prepare and present real estate portfolio updates, data, and recommendations to Geode Health Leadership  

Ideal Candidate Profile: 

  • Passionate about our mission and inspiring others 

  • Self-starter, for whom no task is too big or too small and takes ownership of their decisions 

  • Contribute to the collective effort both within own scope - and beyond - as needed 

  • Creative and strategic thinker 

  • A lifelong learner who believes in giving and receiving feedback to get better each day 

  • Organized & process-oriented 

Education and Experience Requirements: 

  • Bachelor’s in Real Estate, Business, or related field, from top university 

  • 5+ years of real estate experience, experience in Healthcare environment is preferred 

  • Proven experience managing multiple small capital projects 

  • Experience with financial analysis, contract management and pay applications 

  • Experience managing across multiple states and cities 

  • Experience developing and maintaining relationships with contractors, landlords, and vendors 

  • Understanding of pertinent building codes, regulatory agency requirements and ADA Compliance 

  • Experience building, developing, and leading a high-performance team 

  • Ability to travel to support projects; position may entail up to 50% travel 

#LI-Remote

Estimated earnings:

$140,000.00-$150,000.00

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