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Real Estate Manager

Life Time FitnessChanhassen, MN

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Overview

Schedule
Full-time
Career level
Director
Remote
On-site
Benefits
Health Insurance
Dental Insurance
Vision Insurance

Job Description

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

Life Time isn't just building clubs. We're building destinations where people come to live a Healthy Way of Life. As our Real Estate Manager, you'll be the person on the ground finding the next great location: scouting sites, reading markets, and turning raw land into the next Life Time Athletic Country Club or mixed-use Healthy Way of Life development.

You'll work at the intersection of strategy and boots-on-the-ground hustle, visiting new markets, building broker relationships, running the numbers, and bringing your findings to the table with our architecture, construction, legal, operations, and development teams. With 195+ locations already serving 1.5M+ members across the U.S. and Canada, you'll be helping write the next chapter of where Life Time shows up next.

If you love the deal-making side of real estate as much as the "why does this market make sense" side, and you want to see something you sourced go from a spreadsheet to a grand opening, this is your seat at the table.

What You'll Do

  • Scout new markets and build deployment strategies for future Life Time locations
  • Dig into market and trade area studies to identify where we should grow next
  • Keep a pulse on assigned trade areas, tracking development opportunities over time
  • Build and maintain a broker network that consistently surfaces land opportunities aligned with our growth strategy
  • Pursue high-quality sites using fact-based, metrics-driven decision-making
  • Evaluate potential sites across demographics, accessibility, utilities, land composition, and location fit against our brand standards
  • Write and present business plans to the Board of Directors, laying out the market opportunity and the case for investment
  • Assess the competitive landscape: who's nearby, what they offer, what they charge, and whether they matter
  • Negotiate Letters of Intent, Purchase Agreements, and Leases
  • Guide sites through civil engineering, site planning, and entitlement once land is secured
  • Partner with our SVP of Real Estate and Development and senior leadership on final site walkthroughs and approvals
  • Manage the disposition of excess property when needed

What You Bring

  • A four-year college degree
  • 5 to 8 years of real estate analysis and acquisition experience
  • 2 years of management experience
  • Sharp instincts for real estate finance, site development, and negotiation
  • The ability to juggle multiple deals and deadlines without losing precision
  • A knack for pulling insight out of data and turning it into a clear recommendation
  • Strong written and verbal communication; you'll be presenting to senior leaders and the Board
  • Project management chops that keep complex, multi-team deals moving

Good to Know

This is a primarily office-based role with frequent travel to visit markets, walk sites, and meet with brokers and leadership. You'll be on your feet, on the phone, in front of a room, and occasionally trudging through a vacant lot, sometimes all in the same week.

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.

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FAQs About Real Estate Manager Jobs at Life Time Fitness

What is the work location for this position at Life Time Fitness?
This job at Life Time Fitness is located in Chanhassen, MN, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Life Time Fitness?
Employer has not shared pay details for this role.
What employment applies to this position at Life Time Fitness?
Life Time Fitness lists this role as a Full-time position.
What experience level is required for this role at Life Time Fitness?
Life Time Fitness is looking for a candidate with "Director" experience level.
What benefits are offered by Life Time Fitness for this role?
Life Time Fitness offers following benefits: Health Insurance, Dental Insurance, Vision Insurance, Disability Insurance, Life Insurance, Family/Dependent Health, Paid Vacation, Paid Sick Leave, Parental and Family Leave, Career Development, 401k Matching/Retirement Savings, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Life Time Fitness?
You can apply for this role at Life Time Fitness either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.