The Real Estate Director is responsible for implementing real estate plans and strategies related to the YMCA’s new and existing assets to ensure strong performance and to meet strategic goals for the Association. The incumbent works with the Sr. Director of New Development, Chief Real Estate Officer, Director of Enterprise Architecture, Director of Enterprise Construction and the Real Estate Development committee of the General Board. The primary duties include leading real estate transactions under the direction of the Sr. Director of New Development. The YMCA has a diverse and dynamic real estate portfolio which creates significant variety in transactional needs. Those needs include, but are not limited to, directing all aspects of asset management, contract negotiation, divestment, investment and assessment of financial return.
- Provide leadership to and manage existing properties and facilities in collaborations and/or partnerships
- Prepare financial and physical feasibility analyses of existing facilities including but not limited to membership branches, childcare sites, and camps.
- Initiate actions, manage legal and governmental processes, manage real estate sales and divestment processes, develop budgets, review pro formas and negotiate terms to ensure maximum benefit to Association.
- Provide oversight and represent the Y in negotiations on all real estate transactions before public agencies, elected officials, community groups and financial institutions.
- Assist to identify and secure appropriate financing for reinvesting in existing facilities.
- Identify and establish relationships with potential partners including but not limited to municipalities, health care providers, churches and public funding sources.
- Coordinate and interpret market studies.
- Assist with Real Estate Development committee of the General Board.
- Provide Board/Committee/City Council Presentations.
- Maintain active communication with Senior Leadership for dissemination of information and project efficiency.
- Travel 40-60% required.
- Five (5) years of progressively responsible management experience in public or private sector real estate development, urban planning or related fields (such as legal, accounting, paralegal, title officer, commercial lending or investing).
- A proven track record of success in community, real estate and facility development including negotiating real estate contracts and leases, capital project management, and managing multi-million dollar projects
- Applied knowledge of laws governing commercial real estate use and licensing requirements.
- Experience presenting to all levels for multi-million dollar projects.
- Excellent communication skills both written and verbal.
- Strong analytical skills.
- Ability to negotiate and build strong relationships that lead to partnerships.
- Proven proforma and budget development and management skills.
- Ability to work with volunteers, city staff, city council, architects, contractors, owner’s representatives and professional leaders in the community and Association.
- Possess a working knowledge with Microsoft Excel and Word.