Real Estate Transaction Manager

This"¯Real Estate Transaction Manager"¯oversees the strategic lifecycle of a healthcare property portfolio, managing land acquisitions, complex lease negotiations, and asset dispositions. The role ensures operational continuity by directing"¯landlord default resolutions"¯and casualty loss recoveries while maintaining strict financial and regulatory compliance across all health system facilities. Essential Job Statements Lease Portfolio Management :"¯Oversees a comprehensive real estate portfolio including acute care, ambulatory, and administrative spaces to ensure alignment with organizational goals. Regulatory Compliance :"¯Maintains strict adherence to lease terms and healthcare-specific regulations, including"¯Stark Law"¯and"¯Anti-Kickback Statutes, to mitigate legal and financial risk. Acquisition & Dispositions: Participates in the end-to-end process for new lease acquisitions, land purchases, and property dispositions. This includes identifying opportunities, conducting market research, and executing the sale of non-core assets. Comprehensive Due Diligence :"¯Directs investigative efforts for potential transactions, including"¯Fair Market Value (FMV)"¯assessments, environmental reviews, surveys, zoning analysis, and title encumbrances to ensure informed decision-making. Contract Negotiation :"¯Serves as the negotiator for leases, purchase and sale agreements (PSAs), and renewals, ensuring favorable terms that prioritize the health system's strategic and operational needs. Financial Oversight :"¯Collaborates with Finance teams to manage"¯CAM (Common Area Maintenance)"¯reconciliations, real estate tax payments, and long-term budget forecasting for both leased and owned assets. Stakeholder & Vendor Liaison :"¯Acts as the primary point of contact for landlords, developers, and internal stakeholders to resolve operational issues, including maintenance, casualty losses, and facility alterations. Third-Party Oversight :"¯Manages performance and enforces compliance for contracted building managers and third-party managed assets through routine inspections and site visits. Audit & Risk Management :"¯Coordinates internal and external real estate audits to identify vulnerabilities and implements corrective actions to safeguard health system assets. Casualty Loss & Recovery Management: Directs the response to property damage events (fire, flood, etc.) by coordinating with landlords, risk management, and insurance adjusters to ensure timely restoration of healthcare operations. Landlord Default Management :"¯Identifies and manages instances of landlord non-performance or breach of contract. This includes issuing formal notices of default, overseeing the "self-help" remedy process if applicable, and collaborating with legal counsel to enforce lease obligations and recover associated costs. Patient Populatio n: N/A Employment Qualifications Required Education: Bachelor's degree; 5 years total commensurate experience considered in lieu of degree. Preferred Education: Bachelor's degree in Business Administration, Real Estate, or related field required; 10 years total commensurate experience considered in lieu of degree. Licensing/ Certification Licensure/Certification Required: N/A Licensure/Certification Preferred: CCIM, CPM Minimum Qualifications Years and Type of Required Experience: Five years of progressively more responsibility in real estate portfolio management in the healthcare industry necessary. Other Knowledge, Skills and Abilities Required: Comprehensive understanding of"¯Stark Law, the"¯Anti-Kickback Statute (AKS), and"¯Fair Market Value (FMV)"¯standards as they apply to medical office buildings and clinical space. In-depth familiarity with"¯zoning ordinances, municipal approval processes,"¯permitting, and environmental regulations (e.g., Phase I/II ESAs) necessary for land development. Deep expertise in the end-to-end"¯acquisition and disposition process, including title examination, surveys, easements, and"¯Purchase and Sale Agreements (PSAs). Proven ability to lead"¯multidisciplinary due diligence teams"”including legal counsel, engineers, and architects"”to meet strict closing deadlines. Skilled in"¯high-level negotiations"¯for complex land deals, ground leases, and tenant improvements while maintaining professional stakeholder relationships. Demonstrated ability to identify"¯regulatory "red flags""¯in lease structures and property ownership to ensure all transactions remain "commercially reasonable." Experience"¯collaborating with city planners or government officials to secure project approvals and entitlements. Deep understanding of"¯lease indemnity, insurance requirements, and casualty provisions"¯to determine financial responsibility and abatement rights following a loss. Expert understanding of"¯lease enforcement mechanisms, including"¯default notification requirements, cure periods, and the rights of a tenant to offset rent or terminate for cause. Competency in using industry-standard tools (e.g., CoStar, GIS mapping) to perform"¯comparable market analysis"¯and justify site selection for new healthcare facilities. Working Conditions Periods of high stress and fluctuating workloads may occur. General office environment. Required to car travel to off-site locations, occasionally in adverse weather conditions. May have periods of constant interruptions. Prolonged periods of working alone. Physical Requirements Physical Demands: Lifting/ Carrying (0-50 lbs.), Stoop, Kneel Work Position: Sitting, Walking, Standing Additional Physical Requirements/ Hazards Physical Requirements: Reach above shoulder, Repetitive arm/hand movements Hazards: N/A EEO Employer/Disabled/Protected Veteran/41 CFR 60-1.4.

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