Job Description : The Role
The Role
The VP, Real Estate Investments will partner with the Real Estate Investment Officer and the Head of Direct Real Estate to execute on a plan to acquire commercial real estate in the US on behalf of various FMR fund vehicles.
This will include sourcing the opportunity, managing the underwriting, negotiating with the seller, presenting the opportunity to investment committee, running the due diligence process, closing the transaction, leading the property-level financing process, and assuming asset management responsibilities for initial acquisitions.
The Expertise and Skills You Bring
- Bachelor s degree required, MBA preferred
- Minimum of 10 years work experience in commercial real estate required; majority within investment roles
- Strong professional relationships throughout the US real estate industry
- Recent relevant investment experience in US commercial real estate across various asset classes; Asset Management experience a plus
- Strong writing and presentation abilities
- Ability to evaluate real estate and real estate markets
- Management and leadership skills necessary to implement a new product / strategy within Fidelity
- Critical thinker that can analyze an opportunity and make a quick decision
- Collaborative, results driven leader
u00A0 Primary Responsibilities
- Source real estate investment opportunities that meet portfolio criteria (asset class and risk / return) across target markets through existing network or broker relationships
- Review and underwrite proposed opportunities
- Negotiate and structure real estate acquisitions and property level financing
- Prepare analysis of opportunity and materials for investment committee approval, present opportunities to committee for approval
- Review and approve legal, operational, environmental, engineering and appraisal reports created as part of the due diligence process
- Assume asset management responsibilities for initial acquisitions and partner with the broader Real Estate to build an in-house asset management team.
- Contribute valuable knowledge of US real estate markets
- Build and maintain appropriate pipeline of opportunities
- Manage and develop investment analysts and associates
The Team
Fidelity Investments has established a team in Boston, Massachusetts to develop, launch, and manage direct real estate products for Fidelity s customers.
Certifications : Company Overview
Company Overview
Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future.
We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients money.
Join Us
At Fidelity, you ll find endless opportunities to build a meaningful career that positively impacts peoples lives, including yours.
You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a
Glassdoor Employees Choice Award
we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don t need a finance background to succeed at Fidelity u2014we offer a range of opportunities for learning so you can build the career you ve always imagined.
Fidelity's working model
blends the best of working offsite with maximizing time together in person to meet associate and business needs. Currently, most hybrid roles require associates to work onsite all business days of one assigned week per four-week period (beginning in September 2024, the requirement will be two full assigned weeks).
At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry .
Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation,
detailed in this document
and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent).
These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances : Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.
We invite you to Find Your Fidelity at
fidelitycareers.com
Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process.
To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to