Real Estate Manager

ROLE SUMMARYLooking for a motivated, high-energy individual that has a passion for learning and contributing to a growing brand! The Real Estate Manager will build and maintain relationships with brokers and landlords and leverage those relationships to identify studios in existing and new cities that match Corepower Yoga's criteria for growth. They will be responsible for contributing 10 new studios to the company Pipeline each year. They will lead studio growth for various Central US markets and report to the Director of Real Estate. This individual will exhibit the Company's Core Values of Empower Everyone, Practice Gratitude, Build Community, Grow Forward & Laugh Together.ESSENTIAL JOB DUTIESResponsibilities include, but are not limited to:Creates and develops both short & long term (2-5 yrs) growth plan for various Central US markets and deliver to plan.Including 8-10 new studios each year in stated territorySupport other market planning efforts as requiredGather and evaluate financial, economic, demographic, and other market data to support real estate growth strategy.Negotiate the terms of letters of intent with brokers and landlords consistent with return objectives and operating standardsProvide necessary reporting outlining pipeline, probability and timing of dealsBuild and manage the pipeline of potential sites in markets identified for expansion to ensure CPY achieves growth objectivesPrepare Real Estate Committee packages, including financial proforma, operational support, demographic intel and market level informationStrong financial and analytical skills necessary to present financial business case for new studios.Prior experience presenting sites in Real Estate CommitteeNegotiate all provisions of leases with support of outside legal counselUtilize demographic software to support market growthTour potential sites to determine viability and alignment with strategyPerform ad-hoc strategic and analysis in support of managementSupport design and construction teams in communication with landlords and developers through the development life cycleStrong ability to balance priorities against multiple deadlines and projectsPartner with cross-functional teams to ensure alignment on critical dates and opening objectivesEDUCATION, SKILLS & QUALIFICATIONSBachelor's degree in relevant area of study- Real Estate, Finance, Accounting2-3 years commercial real estate experience with a multi-unit, multi-state conceptExceptional ability to gather, analyze and present demographic and financial data in executive level reportsExperience with real estate analytic toolsAbility to manage outside consultants & cross-functional teamsAbility to travel, including overnight travel, up to 40%