Real Estate Development / Site Acquisition Manager (Commercial/Hotel/Retail/Land/Property)

◼ Reports to a Director of Development and collaborates with other members of the development team and company.

◼ Collaborates with departments throughout the company including architecture, construction, engineering, design, legal, finance, and accounting. Leads multi-department projects or lines of effort.

◼ Mentors, supports and leads internal Development Associates and Development Analysts on project/market specific tasks.

◼ Hires and manages external resources (consultants, engineers, etc.) as required for site specific tasks.

◼ Evaluates and assesses potential real estate acquisitions, dispositions, and development opportunities in new and existing markets.

◼ Facilitates the development of market area plans and long-term strategies, including site selection criteria to ensure opportunities for new hotel locations.

◼ Identifies business insights from company data to help establish department and companywide strategic initiatives.

◼ Conducts market visits to evaluate demographics, market, and site conditions, and analyze competition.

◼ Provides timely and accurate analyses of real estate trends and forecasts.

◼ Manages negotiations with sellers and purchasers of real estate.

◼ Coordinates with internal departments (i.e., architecture, construction, and legal) to produce reports, plans, and agreements necessary to complete the respective project(s).

◼ Interacts with city officials to assess regulations and achieve acceptable development conditions.

◼ Develops and manages external resources (consultants, brokers, attorneys, etc.) in support of development activities.

◼ Investigates and determines status of ownership, environmental issues, zoning and other factors which may impact the viability of potential sites.

◼ Completes detailed reviews and analyses of site plans, site attributes and market values on all sites targeted for future acquisition.

◼ Compiles budget and proforma data for sites under consideration utilizing in-depth analysis of the factors impacting market performance and costs.

◼ Assists in the preparation of acquisition/disposition packages for submission to the Real Estate Committee and Board of Directors.

◼ Works with several internal departments and 3rd parties to help resolve various issues (title/closing, zoning, etc.).

◼ Experience in real estate and/or development business.

◼ Strong problem solving and critical thinking skills.

◼ Experience in cost analysis, financial analysis and project management.

◼ Must be able to work in a collaborative team environment, take direction from others and think critically.

◼ Strong work ethic with the ability to focus on multiple tasks to deliver accurate, complete assignments.

◼ Demonstrates a positive attitude when handling a variety of daily tasks and challenges.

◼ Displays persistence in overcoming obstacles with a “can-do” mentally.

◼ Must be flexible in approach to tasks recognizing alternatives and improvements to achieve acceptable solutions.

◼ Proficiency in Microsoft Office program required including Outlook, Word, Excel, and Power Point.

◼ Travel is required for market/site review and zoning tasks (Estimated at 20-30%; frequency and duration will vary).

◼ Bachelor’s Degree - business, economics, legal, or finance with real estate emphasis preferred. Advanced degree and/or Hotel industry related experience a plus.

◼ Minimum of 4 years of real estate, development, brokerage, and/or professional experience with a demonstrated track record of success.

◼ Must have thorough knowledge of financial and real estate concepts and negotiation strategies and techniques with strong sales and relationship building experience.

◼  Valid driver’s license and proof of insurance required.

◼  Fluency in English, spoken and written.

◼  Must be able to provide proof of eligibility to work in the U.S.

◼  This is an on-site position; it is not remote or hybrid. You must reside within a reasonable commuting distance to the St. Louis area or be willing to relocate prior to your start date.