Manager, Real Estate

Overview:

PURPOSE STATEMENT:

The Corporate Manager, Real Estate is a HQ based (located in Franklin, TN) position responsible for the general oversight and maintenance of all designated transactions and processes from inception to execution and supports the acquisition and divestiture efforts of strategic initiatives. Oversight includes, but is not limited to, management of all assigned transaction processes and primary stakeholders, Landlord and Tenant relationships, conflict resolution, ensuring updated Lease data on rent rolls, expiration reports, and internal databases in conjunction with internal and vendor support teams. The Manager, Real Estate position will undertake additional projects as assigned by the Director, Real Estate and VP - Facilities Construction to support company goals and objectives.

Responsibilities:

ESSENTIAL FUNCTIONS:

• Manage Acadia’s designated transactions and associated process flow and Real Estate transaction approval process, which includes operating Lease agreements and associated support documents from inception to execution, in conjunction with departmental processes and Lease Administration vendor support.

• Negotiate new designated transactions, Estoppels, Subordination/Non-Disturbance/Attornment (SNDAs) and all other necessary documents to keep and maintain contract obligations current, as directed.
• Analyze, assess, and determine Fair Market Value (FMV) in connection with Real Estate transactions. Understand general FMV concepts and principals in connection with healthcare Stark and Anti-Kickback Statutes.
• Ensure all Lease documentation is up to date, archived, and distributed to appropriate parties through the Corporate Real Estate process.

• Provide the Landlord, Owner, Partner, and/or Property Manager at each facility with all necessary documentation and information as needed to ensure business continuity.

• Support local facility operators with conflict resolution in connection with Lease matters or matters arising from leased occupancy. Provide direction and education pertaining to questions and concerns regarding all Lease concepts, financial terms and conditions, maintenance and repair responsibilities at each location, liability of costs associated with maintenance and repairs, and other general Real Estate principals in connection with all designated transactions.

• Provide colleagues in all Groups, Divisions, Legal, Finance/Accounting, Risk Management, and Business Development departments with all necessary Lease documentation and information as needed to ensure business continuity.

• Includes daily/weekly/monthly transaction reporting to internal Vice President and Regional Vice President stakeholders responsible for leased business operations.

• Support Director, Real Estate with acquisitions and divestitures of strategic initiatives.

• Perform other duties as assigned:

• Provide weekly and monthly transaction reports to multiple operations teams in connection with designated transaction updates, critical dates, and strategic opportunities.

• Serve as the corporate liaison between operations teams and owners, Landlords and vendor partnerships.

• Build rapport with intercompany and external resources to meet company goals and objectives.

• Assist internal stakeholders with Lease expirations, renewals, as directed.

• Manage routine updates regarding designated transactions with Group/Division Leadership

• Assist with additional projects as assigned by Director, Real Estate or VP - Facilities Construction

STANDARD EXPECTATIONS:

• Self-starter, detailed, diligent, honest, accurate, genuine, outgoing, and trustworthy.
• Complies with organizational policies, procedures, performance improvement initiatives and maintains organizational and industry policies regarding confidentiality.
• Communicate clearly and effectively to other members of the Acadia Healthcare team.
• Develops and maintains constructive and collaborative working relationships with others.
• Encourages and builds mutual trust, respect, and cooperation among team members.
• Possess excellent interpersonal skills, computer literacy, and strong leadership abilities.

Qualifications:

EDUCATION/EXPERIENCE/SKILL REQUIREMENTS:

• Required Education and Skills

• 4-year bachelor’s degree (Business and Healthcare focus preferred).
• 7 - 10 years’ experience in previous commercial Real Estate, corporate Real Estate, or corporate Healthcare Real Estate portfolio management.
• General computer knowledge: typing, email, MS word, excel, MS Outlook, PowerPoint, etc.
• Strong knowledge base and demonstrated experience with general Healthcare Real Estate Lease agreement principles, standards, requirements, and documentation processes.
• Multi-tasking multiple projects, deadlines, and requests.
• Preforms well in fast paced environment.

• Excellent communication and record keeping skills.
• Must have precise attention to detail with all work products.
• Experience editing Real Estate documents.
• Familiarity with Healthcare Real Estate zoning requirements.
• Familiarity with Stark and Anti-Kickback Statutes.

• 
  Highlighted Experience and Skills

• Successful corporate Healthcare Real Estate work experience
• Commercial Real Estate work experience
• Preference given to any educational classes, degrees, or licensures involved in Real Estate