Real Estate Associate
DriveTime Automotive Group
Real Estate Associate
DriveTime Family of Brands is the largest privately owned used car sales finance & servicing company in the nation. Headquartered in Tempe, Arizona and Dallas, Texas, we create opportunities and improve the lives of our customers and our employees by placing a focus on putting the right customer, in the right vehicle, on the right terms and on their path to ownership.
The DriveTime Family of Brands spans across DriveTime, Bridgecrest and SilverRock. You can find us at the intersection of technology and innovation as we use our proprietary tools and over two decades of industry knowledge to redefine the process of purchasing, financing, and protecting your vehicle.
In short, as a Real Estate Associate, you support the expansion and optimization of one of the largest automotive real estate portfolios in the U.S. This role is responsible for national real estate acquisitions and portfolio strategy across retail, industrial, and office assets supporting a $4.0B+ annual revenue business and 200+ locations nationwide.
Responsibilities
- Support daily execution for new store growth, relocations, expansions, and dispositions across retail, industrial, and office assets.
- Execute end-to-end real estate transactions including market analysis, site selection, negotiations, and due diligence activities.
- Manage active pipelines of LOIs, leases, and purchase agreements in partnership with internal and external legal counsel.
- Assist with lease renewals and portfolio optimization across 200+ properties.
- Perform financial analysis and deal underwriting to evaluate risks, returns, and overall deal viability.
- Support site selection and profitability modeling using internal financial models, demographic data, market analytics platforms, and GIS mapping tools.
- Prepare and present deal approval packages for acquisitions, relocations, expansions, subleases, and dispositions.
- Build and manage relationships with brokers, landlords, developers, attorneys, and municipal officials nationwide.
- Coordinate closely with internal stakeholders and legal teams to ensure timely transaction execution.
- Coordinate and assist with due diligence activities including environmental, zoning, title, survey, and construction feasibility.
- Support entitlement processes by securing necessary resources for zoning approvals, use permits, and variances.
Qualifications
- Bachelor's degree in real estate, finance, or a related field preferred.
- Travel up to 25-35% per month.
- 35 years of experience in commercial real estate acquisitions.
- Experience supporting multi-site national retailers or operators.
- Proven success negotiating leases and purchase agreements across multiple states.
- Strong financial modeling, analytical, and executive presentation skills.
- Proficiency with real estate analytics platforms and GIS tools.
- Proven self-starter with consistent execution results.
Perks
- Hybrid work approach with an on-site expectation of a minimum of three days a week.
- Medical, dental, and vision insurance, with DriveTime covering a sizable amount of premiums.
- 401(K), company paid life insurance policy, short and long-term disability coverage.
- Growth opportunities with over 1,000 employees promoted year over year.
- Tuition reimbursement.
- Wellness program including self-guided coaching, cash incentives, and discounts on medical premiums.
- In-house gym.
- Paid time off including wellness days, holidays, and vacation time.
- Smart-casual dress code.
DriveTime Family of Brands is Great Place to Work Certified! And get this: 90% of our rockstar employees say they feel right at home here. Hiring is contingent upon successful completion of our background and drug screening process. DriveTime is a drug-free, tobacco-free workplace and an Equal Opportunity Employer.
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