Real Estate Senior Manager

When you join Verizon

You want more out of a career. A place to share your ideas freely even if theyre daring or different. Where the true you can learn grow and thrive. At Verizon we power and empower how people live work and play by connecting them to what brings them joy. We do what we love driving innovation creativity and impact in the world. Our V Team is a community of people who anticipate lead and believe that listening is where learning crisis and in celebration we come together lifting our communities and building trust in how we show up everywhere & always. Want in Join the #VTeamLife.

What youll be doing

The Senior Manager of Real Estate Transactions will be responsible for the negotiation of complex transactions including sales leases purchases development agreements easements and more. They will manage the direct and outsourced team associated with complex transactions to ensure optimal results and that all financial objectives are met. They will partner closely and act as the single point of contact for all other functions within the business such as strategic planning legal operations finance and all necessary stakeholders to bring any project to completion. Additionally this role will be responsible for gathering new prospective transactions and reporting findings out to senior leadership.

• Negotiating transactions from an owners perspective including: sales new site requirements subleases purchases renewals dispositions easements development sales etc.

• Identifying & executing monetization opportunities within the portfolio including complex separation/subdivision/condominium sales. Transactions will range from $1M to $100M in value.

• Assuming end to end responsibility for all transactions including acting as a single point of contact to third parties (landlords / owners / purchasers adjacent property owners) engagement and handoff to appropriate disciplines within GRE.

• Preparing detailed financial analysis for all transactions such as: lease vs buy investment sales buyout analysis etc.

• Ensuring funding & scope are correctly identified and communicated. Draft CAS documents for all deals to secure senior management approval.

• Negotiating complex acquisitions dispositions and subleases.

• Performing comprehensive market studies on a national basis identifying market trends values rental rates due diligence.

• Interacting with the leadership team on market metrics making recommendations regarding transactional structures etc.

• Managing national transactions service providers. This entails negotiating contracts developing and measuring KPIs providing direction and feedback on performance etc.

• Acting as a key stakeholder in resolving legal matters as they arise.

• Developing departmental budgets and report out on variances to leadership each quarter.

• Participating in broker selection on a case by case basis.

• Acting as a single point of contact for all wireless network locations in which GRE has been asked to execute on a transaction.

What we are looking for:

Youll need to have:

• Bachelors degree or four or more years of work experience.
• Six or more years of relevant experience.
• Willingness to travel up to 25% of the time.
• A valid drivers license.

Even better if you have:

• Advanced degree in real estate or MBA.
• Experience managing a team.
• Experience in commercial real estate leasing and sale fundamentals law financials as well as associated terms and processes.
• Ability to work well with other corporate disciplines such as Tax Legal Risk Management Environmental Manager Security Lease Administration Treasury and Accounts Payable.
• Strong negotiation and interpersonal skills.
• Ability to perform a detailed market search.
• Experience in real estate program management and knowledge of wireless real estate.
• Computer skills including familiarity with financial modeling and systems for managing projects.
• Ability to interface with senior leadership building occupants landlords buyers and other contacts in the daily management of projects.
• Ability to assemble and lead project specific teams.
• Strong communication skills at all levels - both verbal and written.
• Strong analytical and presentation skills.
• Knowledge of financial systems.
• Skills to evaluate technical drawings surveys property reports market data appraisals or other documents.
• Understanding of the property due diligence process including the interpretation of third party reports identifying legal issues and risk.

If Verizon and this role sound like a fit for you we encourage you to apply even if you dont meet every even better qualification listed above.

Where youll be working

In this hybrid role youll have a defined work location that includes working from home and a minimum of three days per week in the office which will be set by your manager. Employees are responsible for maintaining compliance with hybrid work policies.

Scheduled Weekly Hours

40

Equal Employment Opportunity

Verizon is an equal opportunity employer. We evaluate qualified applicants without regard to veteran status disability or other legally protected characteristics.

Benefits and Compensation

Our benefits are designed to help you move forward in your career and in areas of your life outside of Verizon. From health and wellness benefit options including: medical dental vision short and long term disability basic life insurance supplemental life insurance AD&D insurance identity theft protection pet insurance and group home & auto insurance. We also offer a matched 401(k) savings plan up to 8 company paid holidays per year and up to 6 personal days per year paid parental leave adoption assistance and tuition assistance plus other incentives weve got you covered with our award-winning total rewards package. Depending on the role employees have the opportunity to receive compensation in the form of premium pay such as overtime shift differential holiday pay allowances etc. Newly hired employees receive up to 15 days of vacation per year which grows with additional service. For part-timers your coverage will vary as you may be eligible for some of these benefits depending on your individual circumstances.

The salary will vary depending on your location and confirmed job-related skills and experience. This is an incentive based position with the potential to earn more. For part-time roles your compensation will be adjusted to reflect your hours.

The annual salary range for the location(s) listed on this job requisition based on a full-time schedule is: $98500.00 - $188000.00.

Required Experience:

Senior Manager