Associate Real Estate Manager

The Real Estate Team is a significant part of the growth engine of our company. We thrive on finding the best property and markets to expand our portfolio of Athletic Resort destinations. We work side by side with our Team Members in the Property Development group by leveraging continual collaboration throughout the life cycle of each project. When you join our team, you are joining a group of fun and talented people. We offer an incredible benefits package, generous club discounts, and a fully subsidized Signature Life Time membership.

Position Summary

The Associate Real Estate Manager will report to report to the Director- Real Estate and support, facilitate, and coordinate the efforts of the Real Estate Dealmakers and Development Managers/Directors in the real estate development process for new Life Time projects.

Candidate must be self-motivated, driven and personable with the ability to multitask and function in a fast-paced team environment. Candidate must also uphold the Life Time Mission and Vision Statements.

Job Duties/Responsibilities

• Leverage internal and external resources to deliver presentations, reports, and downloads to support Real Estate and Development's efforts for successful market and site selection.
• Lead cross-department Project Team (from Project Initiation to Turnover) to provide leadership deliverables of deal process by being an integral part of the lease/purchase agreement.
• With minimal oversite, draft LOIs, Work Letters, and Exhibits. Provide deal and legal comments to Dealmaker and attorneys on LOIs, PSAs, and Leases.
• Ensure process adherence. Hold Project Team accountable (from Project Initiation- Capital Allocation) by identifying, communicating, and resolving risks for internal and external partners.
• Lead internal partners and external consultants from the preliminary site assessment phase to final site assessment including due diligence, scope narrative, business plan, entitlements, approvals, permitting, closing and turnover.
• Independently proactive manage the new club deployment strategy, market strategy, membership goals and US growth trends. Research national real estate micro and macro trends and proactively manage/ mine the region to discover deployment locations for Life Time Clubs, Co-working, and Living.
• Understand and facilitate internal requests and initiatives to meet the needs of the Life Time Member and Club Operations.
• Effectively communicate and problem solve between external owners and internal team members regarding site/ development constraints and member operations to maximize Member NPS.
• Collaborate with research team to analyze trade area demographics, competition, trade patterns, and other factors necessary to assess site viability and deliver club amenities that meet and exceed the health and wellness demands of the market..

Minimum Required Qualifications

• Ability to multi-task and learn quickly
• Ability to operate a personal computer
• Knowledge of standard office procedures and computer software
• Outstanding oral and written communication skills
• Ability to effectively multi-task with tight deadlines independently and within a team environment
• Ability to define problems, collect and analyze data, establish facts, draw valid conclusions and recommend solutions
• Knowledge of real estate finance
• Knowledge of site development and negotiations
• Strong project management skills

Education:

• Bachelor's Degree or Master's Degree

Years of Experience:

• 2-5 years of related work experience

Pay

This is a salaried position starting at $85,000.00 and pays up to $117,000.00, based on experience and qualifications.

Benefits

All team members receive the following benefits while working for Life Time:

• A fully subsidized membership

• Discounts on Life Time products and services

• 401(k) retirement savings plan with company discretionary match (21 years of age and older)

• Training and professional development

• Paid sick leave where required by law

Full-time Team Members are eligible for additional benefits, including:

• Medical, dental, vision, and prescription drug coverage

• Short term and long term disability insurance

• Life insurance

• Pre-tax flexible spending and dependent care plans

• Parental leave and adoption assistance

• Paid time off, including 5 to 20 vacation days per calendar year (based on tenure) and paid sick leave

• Deferred compensation plan, if the team member meets the required income threshold

Life Time is a place for everyone. As an organization, we are committed to an inclusive, diverse and equitable workplace that respects and celebrates the unique contributions of each individual while ensuring we remain an equal opportunity employer that recruits, hires, trains and promotes based on merit and qualifications.