Acadia Healthcare

Real Estate Lead

Job Locations US-TN-Franklin
Job ID
2024-59589
Category
Facilities and Construction
Department Number
985 - Facilities Construction

Overview

 

The Real Estate Lead is an HQ based position responsible for the day-to-day transaction management of Acadia Healthcare’s owned and leased properties. Responsibilities include letter of intent, lease negotiation, location optimization planning, monitoring internal/external workflows to ensure consistent quality of service and work product. This dynamic role requires the ability to work at a fast pace and interact closely with healthcare operators. The successful candidate will have the ability to drive the best possible deals while following established processes. The Real Estate Lead position will undertake additional projects assigned by the Head of Real Estate and SVP of Facilities & Construction to support the Company’s goals and objectives.

Responsibilities

ESSENTIAL FUNCTIONS:

 

General:

  • Collaborate with brokerage professionals to ensure effective negotiations of business terms for a wide variety of transactions including lease, sublease, acquisition, and disposition.
  • Manage the flow of key documentation and communications.
  • Review and interpret financial analysis and real estate agreements.
  • Oversee revenue tracking of all transactions.
  • Maintain database of transaction activity.
  • Ensure accuracy of all transaction reports.
  • Present transaction activity to customers (internal and external).
  • Lead and/or facilitate customers’ meetings.
  • Provide suggestions for process and technical improvements relating to the transaction process.

Process Management:

  • Assist with the development of standard forms and procedures.
  • Implement standardized processes/playbooks that create maximum efficiencies and add-value.
  • Assist in measuring transactional performance.
  • Ensure that all customer and broker engagement documentation is executed.

Transaction Management:

  • Assist with determining customer needs and communicating transaction parameters.
  • Coordinate negotiations and management of transactions.
  • Coordinate legal review of all customers leased/owned documents.
  • Ensure accuracy of financial data and reporting.
  • Coordinate customer site visits/market tours.
  • Ensure all Company’s real estate standards are met.

Strategic Planning:

  • Assist in the development of strategic real estate plans.
  • Identify occupancy cost savings opportunities.
  • Ensure implementation of agreed upon strategy.
  • Produce and/or support business case development.
  • Execute strategies by developing action plans.

OTHER FUNCTIONS:

  • Serve as the corporate liaison between operations teams and owners, landlords, and vendor partnerships.
  • Ensure all lease documentation is up to date, archived, and distributed to appropriate parties through the Corporate Real Estate process.
  • Negotiate leases, estoppels, subordination non-disturbance attornment (SNDAs), and all other necessary documents to keep and maintain contract obligations current.
  • 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.
  • Analyze, assess, and determine Fair Market Value (FMV).
  • Understand general FMV concepts and principles in connection with healthcare Stark and Anti-Kickback Statutes.
  • Provide weekly and monthly transaction reports to multiple operations teams in connection with designated transaction updates, critical dates, and strategic opportunities.

STANDARD EXPECTATIONS:

  • Customer-centric approach to corporate real estate management.
  • Highly developed interpersonal, analytical, and communication skills (verbal and written).
  • Strong ability to prioritize workload and manage projects effectively in a time sensitive environment.
  • Proactive with detail-oriented and creative problem-solving approach and understanding the “big” picture.
  • Strong organizational, decision-making skills.
  • Financial modeling and analytical proficiency.
  • Familiar with Stark and Anti-Kickback Statutes.
  • Demonstrate honesty, integrity, ethical behavior, and core values of the company.

Qualifications

EDUCATION/EXPERIENCE/SKILL REQUIREMENTS:

  • 7+ years of corporate real estate transaction experience; healthcare experience preferred.
  • Bachelor of Science/Business Administration, Accounting, or Economics (with a concentration in Finance or Real Estate is preferred).
  • MS in Finance, MS in Real Estate or MBA (a plus).
  • Ability to master new tasks quickly.
  • Able to work well under pressure and can prioritize work to meet deadlines.
  • Ability to work on multiple assignments and manage rapidly changing assignments in a team environment.
  • Demonstrated commitment to obtaining outstanding results.
  • Advanced Excel, Word, and PowerPoint skills.
  • Co-Star, Visual Lease, and LeaseTRAC experience (a plus).

 

 

 

LICENSES/DESIGNATIONS/CERTIFICATIONS:

  • Real estate education, degrees, or licensures (a plus).
  • MCR certification and CCIM designation (a plus).

 

SUPERVISORY REQUIREMENTS:

This position is an Individual Contributor

 

 

While this job description is intended to be an accurate reflection of the requirements of the job, management reserves the right to add or remove duties from jobs when circumstances
(e.g. emergencies, changes in workload, rush jobs or technological developments) dictate.

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