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 Real Estate Manager strategically leads the identification and acquisition of sites for new Life Time Athletic clubs or Health Way of Life mixed-use developments within assigned markets in the U.

S. or Canada. They will also collaborate with the architecture, construction, legal, operations, and development departments throughout the club's opening phase

Responsibilities

Visits new markets and creates market / trade area deployment strategies for new locations.

Provides market studies and trade area analysis for new facility development.

Monitors assigned trade areas for future development projects.

Develops and maintains an effective broker network and works with brokers to locate land that meets the needs of Life Time

Pursue high-quality sites for new facility development utilizing fact-based decision logic and to meet investment metrics.

Review potential sites, including demographics, accessibility, utilities, land composition, and location to ensure it meets the benchmarks for a new Life Time Athletic.

Writes business plan to be presented to Board of Directors for approval describing the market and potential opportunity

Assesses local competition in the area, including what competitors are located near potential sites, whether they are significant competition, what amenities they offer, and their current membership rates.

Negotiates Letters of Intent, Purchase Agreements, and Leases

Facilitates Civil Engineering, site planning, and entitlement process once land has been purchased

Conduct site visits with Senior Vice President of Real Estate and Development and Senior Management for approval on selected sites

Coordinate dispositions of excess property as necessary

Minimum Qualifications

Education :

Four-year college degree

Experience :

Five to Eight years of Real Estate analysis and acquisition experience

Two years of management experience

Licenses / Certifications / Registration :

None required

Knowledge, Skills, Abilities and Other Characteristics

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

Physical / Mental Requirements and Working Conditions

Work is performed primarily in an office setting, with frequent travel required. This position is required to regularly :

Stand, walk and sit

Talk or hear

Use hands to finger, handle or feel

Read, write, type and comprehend text

View objects up close and at a distance

Effectively communicate and interact with others

Use reasoning and solve problems through deduction

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.