Manager - Real Estate Transactions (Real Estate Development and Facilities)

NYU Langone Hospitals; New York, Northern (NY, KY); Hybrid; USD 122,000 - 143,000; Full time

Job summary

NYU Langone Health is a nationally recognized health system known for top patient outcomes and a large, integrated network across inpatient and outpatient locations. We seek a Manager of Real Estate Transactions (RED+F Dept) to drive leasing, acquisitions, and deal execution across the portfolio.

You will lead negotiations and coordinate cross-functional teams through the full transaction lifecycle, advancing space development and capital projects in a dynamic health system setting.

Qualifications

• Bachelor's degree required.
• 3 years of real estate transaction experience required.
• Superior negotiating, organization, and project management skills.
• Strong communication, quantitative and interpersonal skills.

Responsibilities

• Managing leasing and acquisition of real property interests to support the health system.
• Leading negotiations for contracts of sale, leases, licenses, easements, and other instruments.
• Assisting in management of Real Estate portfolio and resolving lease disputes.
• Preparing property budgets and monitoring budget performance for initiatives.
• Producing analyses of the real estate portfolio, space needs, market trends, and opportunities.
• Preparing executive presentations and internal approval documents; planning property-related capital projects.
• Participating in lease administration system, calculations of rent terms, and data reporting for real estate and finance.
• Performing other duties as assigned.

Skills

Negotiation

Project management

Communication

Interpersonal

Education

Bachelor's degree

Tools

Database management

Spreadsheet software

Job description

NYU Langone Health is a fully integrated health system that consistently achieves the best patient outcomes through a rigorous focus on quality that has resulted in some of the lowest mortality rates in the nation. Vizient Inc. has ranked NYU Langone the No. 1 comprehensive academic medical center in the country for three years in a row, and U.S. News & World Report recently placed nine of its clinical specialties among the top five in the nation. NYU Langone offers a comprehensive range of medical services with one high standard of care across 6 inpatient locations, its Perlmutter Cancer Center, and over 320 outpatient locations in the New York area and Florida. With $14.2 billion in revenue this year, the system also includes two tuition-free medical schools, in Manhattan and on Long Island, and a vast research enterprise with over $1 billion in active awards from the National Institutes of Health.
For more information, go to NYU Langone Health, and interact with us on LinkedIn, Glassdoor, Indeed, Facebook, X, YouTube and Instagram.

Position Summary:

We have an exciting opportunity to join our team as a Manager - Real Estate Transcations (RED+F Dept). Reporting to NYU Langone Health's Assistant Senior Director, Real Estate Leasing and Acquisitions, the Manager of Real Estate Transactionswill play a role in all aspects of the development and implementation of solutions to the health systems space needs. As NYU Langone Health is consistently evaluating and analyzing its space requirements and real estate opportunities, this position provides an unmatched opportunity for a talented person to contribute and learn.

Job Responsibilities:

• Managing the leasing and acquisition of real property interests requisite to support the needs of the health system for administrative, clinical, and research space.
• Leading negotiations for contracts of sale, leases, licenses, easements, and other instruments in support of the above requirements, project managing the entire transaction process across external (landlords, brokers, attorneys) and internal (end user groups, real estate/facilities, design & construction, finance, MCIT and risk management) from strategic conception to execution and implementation into the REDF portfolio.
• Assisting in the management of the Real Estate portfolio, including acting as a liaison in resolving lease disputes and other tenant related matters on behalf of the division and the various occupants of space within the health systems off campus portfolio.
• Preparing property budgets of projected development and occupancy costs regarding proposed transactions and monitoring budget performance against initiatives.
• Producing analyses of the real estate portfolio, including projections of current and future space needs, market trends and availabilities, and potential transaction opportunities (acquisition/disposition) in response to institutional needs; This description is intended to illustrate the types of duties and levels of responsibility required of the position. It does not necessarily include all of the specifically related functions and tasks of the position and it does not limit the assignment of additional related duties not mentioned
• Preparing executive presentations and various internal approval documents for the health system administration, board committees, and/or trustees; planning and development of property-related capital projects. Reviewing expense invoices and confirming compliance with lease agreements and preparing other budget documents, spreadsheets, or forecasts related to the management of the portfolio.
• Participate in the lease administration system and process, including accurate calculation and input of lease terms and rent schedules, tracking critical dates, maintaining lease abstracts, and producing portfolio data for real estate and financial reporting as requested.
• Perform other duties as assigned.

Minimum Qualifications:

• Bachelors degree
• 3 years related full-time real estate transaction-oriented experience
• Superior negotiating, organization, and project management skills
• Strong communication, quantitative and interpersonal skills

Preferred Qualifications:

• Advanced degree or relevant coursework
• Strong computer database management and spreadsheet software capability
• 5+ years related experience

Qualified candidates must be able to effectively communicate with all levels of the organization.
NYU Langone Health provides its staff with far more than just a place to work. Rather, we are an institution you can be proud of, an institution where you'll feel good about devoting your time and your talents.

At NYU Langone Health, we are committed to supporting our workforce and their loved ones with a comprehensive benefits and wellness package. Our offerings provide a robust support system for any stage of life, whether it's developing your career, starting a family, or saving for retirement. The support employees receive goes beyond a standard benefit offering, where employees have access to financial security benefits, a generous time-off program and employee resources groups for peer support. Additionally, all employees have access to our holistic employee wellness program, which focuses on seven key areas of well-being: physical, mental, nutritional, sleep, social, financial, and preventive care. The benefits and wellness package is designed to allow you to focus on what truly matters. Join us and experience the extensive resources and services designed to enhance your overall quality of life for you and your family.
NYU Langone Health is an equal opportunity employer and committed to inclusion in all aspects of recruiting and employment. All qualified individuals are encouraged to apply and will receive consideration. We require applications to be completed online.

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NYU Langone Health provides a salary range to comply with the New York state Law on Salary Transparency in Job Advertisements. The salary range for the role is $121,792.21 - $143,095.68 Annually. Actual salaries depend on a variety of factors, including experience, specialty, education, and hospital need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits.