Real Estate Associate

DriveTime Sales and Finance Company, LLC; Tempe (AZ); Hybrid; USD 90,000 - 140,000; Full time

Benefits offered by this job

Hybrid work arrangement

Medical, dental, and vision insurance

401(K)

Life insurance

Short & long-term disability

Tuition reimbursement

Wellness program

Paid time off

Job summary

DriveTime Family of Brands is seeking a Real Estate Associate to support the growth and optimization of a nationwide automotive real estate portfolio. You will handle market analysis, site selection, negotiations, and due diligence for store growth, relocations, and dispositions.

The role requires 3–5 years in CRE acquisitions, travel up to 25–35% monthly, and strong financial modeling with GIS tools. A bachelor’s degree in real estate or finance is preferred and a hybrid work arrangement is

Qualifications

• Bachelor’s degree in real estate, finance, or a related field preferred.
• 3–5 years of experience in commercial real estate acquisitions across multiple states.
• Strong financial modeling, analytical, and executive presentation skills.
• Proven success negotiating leases and purchase agreements across multiple states.
• Experience supporting multi-site national retailers or operators.

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.

Skills

Financial modeling

Analytical skills

Executive presentation

Negotiation

Multi-site experience

Education

Bachelor's degree in real estate, finance, or related field

Tools

GIS tools

Real estate analytics platforms

Job description

What’s Under the HoodDriveTime 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.That’s Nice, But What’s the Job?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.In long, our Real Estate Associate is responsible for: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.So What Kind of Folks Are We Looking for?Excellent verbal and written communication skills. The ability to talk and write with confidence, charisma and competence for a wide variety of audiences including management.Passionate and goal-oriented. We are looking for someone that is enthusiastic about their work and is passionate about not only meeting their goals but exceeding them.Entrepreneurial spirit. An attitude and approach to thinking that actively seeks out change. You’ll need a mindset that embraces critical questioning, innovation and continuous improvement.Strategic thinker. We are looking for an individual that takes an insightful, future oriented, open-minded and proactive approach to thinking.Operate autonomously. This isn’t a “hold your hand” kind of role. We give you autonomy to be creative in your space and do your thing. We need an individual that is self-motivated to get the work done and get the work done well.Agile in a fast-past environment. We move, and we move quickly. Thriving in an environment that never stops, is a must.The Specifics.Bachelor’s degree in real estate, finance, or a related field preferred.Travel up to 25-35% per month.3–5 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.So What About the Perks? Perks matterWe take a hybrid work approach, finding balance between the benefits of in-person and work-from-home environments. This position has an on-site expectation of a minimum of three days a week.Medical, dental, and vision, oh my! DriveTime Family of Brands covers a sizable amount of insurance premiums to ensure our employees receive top-tier healthcare coverage.But Wait, There’s More. 401(K), Company paid life insurance policy, short and long-term disability coverage to name a few.Growth Opportunities. You grow, I grow, we all grow! But seriously, DriveTime Family of Brands is committed to providing its employees with every opportunity to grow professionally with roughly over 1,000 employees promoted year over year.Tuition Reimbursement. We’re as passionate about your professional development as you are. With that, we’ll put our money where our mouth is.Wellness Program. Health is wealth! This program includes self-guided coaching and journeys, cash incentives and discounts on your medical premiums through engaging in fun activities!Gratitude is Green. We offer competitive pay across the organization, because, well… money matters!In-House Gym. We want our employees to be the best versions of themselves. So come early, take a break in your day or finish strong with a workout!Give Us a Reason (or not), and We’ll Celebrate. Regardless of whether there is a holiday or not, we are finding ways to kick back and enjoy each other’s company outside of day-to-day work.Smart-Casual Dress. Come dressed in jeans (you’ll fit right in with the rest of us).Paid Time Off. Not just lip service: we work hard, to play hard! Paid time off includes (for all full-time roles) wellness days, holidays, and good ole' fashioned YOU time! For our Part-timers, don't fear you get some time too...vacation time is available - the more you work, the more you earn!Anything Else? Absolutely.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. We could spend a lot of time having you read about ALL our awards, but we’ll save time (and practice some humility) just naming a few others; Comparably Awards: Best Company for Diversity, Best Company Culture and Best Company Leadership, oh and don’t forget Phoenix Business Journal Healthiest Employers (okay, we’ll stop there)!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.And when it comes to hiring, we don't just look for the right person for the job, we seek out the right person for DriveTime. Buckle up for plenty of opportunities to grow in a professional, fun, and high-energy environment!