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Lease Portfolio Manager

Company: Lamar Advertising Company
Location: Tuscaloosa
Posted on: May 21, 2023

Job Description:

Do you have a knack for communication and negotiation? Do you have experience in real estate or land acquisition? If so, Lamar Advertising of Tuscaloosa, Alabama has an amazing opportunity for you!
The purpose of the Real Estate Manager in Tuscaloosa, AL is to oversee all real estate-related functions and activities necessary to profitably secure, maintain and grow the company's real estate portfolio of leased and owned properties in a manner consistent with Lamar's business practices.
This position may supervise 1 - 2 administrative employees, depending on location needs. -
Want to hear more about working for Lamar? Check us out.

What you can expect from us:

  • A Monday - Friday, 8 AM - 5 PM work schedule -
  • First-year earning potential of $50,000 - $60,000 / year *including bonus opportunities*
  • 120 hours of paid time off (PTO) that increases with tenure
  • 12 paid company holidays including Presidents Day and Juneteenth
  • A comprehensive 6-week training program -
  • Career advancement opportunities
  • Ongoing professional development and internal leadership programs to maximize your career potential
  • Multiple medical plan options
  • Dental and vision insurance
  • 401K plan with company contributions for participation -
  • Paid parental leave
  • Wellness program incentives such as medical plan premium holidays and HSA contributions

    What we are looking for in YOU:

    • Ability to know and understand the city and state codes/regulations (as applicable), related maps for all jurisdictions within the designated market area, and an understanding of the permitting and variance process for each jurisdiction.
    • Must be able to work in a fast-paced environment, possessing the ability to juggle multiple competing tasks and demands while establishing priorities to meet deadlines.
    • Must have strong computer skills in Microsoft Office (Word, Excel, PowerPoint, Adobe, etc.), web applications, and the ability to quickly and easily learn job-related computer programs.
    • Work requires an excellent command of the English language to correspond and communicate on a one-to-one basis using appropriate vocabulary and grammar to obtain information, explain policies and procedures, and negotiate with lessors.
    • Skill in speaking with persons of various social, cultural, economic, and educational backgrounds.
    • Must possess attention to detail in composing, typing, and proofing materials
    • Must have knowledge of basic Accounting skills and practices to ensure accurate payment distributions.
    • Ability to operate within a set yearly budget.
    • Ability to establish and maintain cooperative working relationships, both internally and externally.
    • Ability to handle confidential information and situations.

      Education & experience -

      • Bachelor's degree is required, preferably in business, real estate, or another related field.

        • In lieu of a bachelor's degree, 7 years of experience in business, real estate, or another related field is preferred.

        • 5 years of experience in business, real estate, or another related field is preferred -with a degree.
        • 3-5 years of experience in land acquisition, zoning, and land use planning is preferred
        • -A current and valid driver's license is required.
        • A real estate license is preferred
        • Or other equivalent combination of education and experience.

          A day in the life

          • Responsible for monitoring, tracking, and analyzing critical operational data and dates associated with numerous land lease agreements, owned properties, and other real estate assets.
          • Responsible for creating and maintaining an up-to-date market abstract by identifying areas for growth or relocation of existing assets through documentation and analysis of current zoning laws that meet the criteria for permitting as required by the appropriate jurisdiction.
          • Responsible for monitoring competitor activity and permitting practices.
          • Collaborate with local managers to conduct strategic data analysis using monthly, quarterly, and annual data reports and portfolio summaries to evaluate and ensure optimization and profitability of the real estate portfolio. This includes preparation and tracking of the annual real estate budget, along with continuously identifying and developing strategies to address underperforming assets.
          • Responsible for strategic planning, development, and execution of the lease and/or purchase strategies through operational, financial, and organizational analyses.
          • Develop and maintain productive professional relationships with landowners to facilitate desired agreements and serve in a lead capacity as the point of contact for negotiation and conflict resolution.
          • Responsible for preparing, presenting, and negotiating agreements with landowners, their agents, or representatives for the purpose of securing new or existing real estate assets.
          • Responsible for coordinating and overseeing the due diligence and purchase process for approved easement and land purchases.
          • Responsible for entering, maintaining, and routinely auditing data, reports, and electronic files to ensure accurately
          • Accounting, recordkeeping, and file management within various internal software applications.
          • Establish, develop, and maintain productive and professional relationships with existing and potential landowners, and serve as the main point of contact for all real estate-related matters.
          • Responsible for ensuring receipt, verification, and the timely processing of real estate tax invoices for company-owned real and personal property.
          • Responsible for monitoring, tracking, calculating, and issuing monthly and/or annual percentage/overage payments and applicable Consumer Price Index (CPI) adjustments.
          • Establish, develop and maintain a professional relationship with all key governmental officials and personnel vital to planning, zoning, permitting, and inspections.
          • Responsible for maintaining an accurate record of state and local zoning ordinances and monitoring any proposed zoning applications or changes.
          • Responsible for preparing, submitting, securing, renewing, and maintaining all applicable governmental approvals including, but not limited to, variances, construction, vegetation, and conditional use permits associated with new or existing sign sites.
          • Serve as the primary contact and liaison between internal company departments and landowners to ensure continued access to the company's signs and resolve any appearance or vegetation issues.

            Physical demands & work environment

            • The primary work environment for this position is an office however driving in the field is also required.
            • The physical demands for this position include light lifting, seeing (with a focus on reading, acuity, depth perception, and peripheral vision), sitting more than 50% of the time, standing, stooping, talking, turning, and walking.
            • Nights spent traveling, away from home, are less than 10%.

              Lamar is an EOE/AA: Minorities/Females/Disabled/Protected Veterans or any other State or Federally protected characteristic
              Disability Self-Identification: When applying for a job with Lamar, you will be asked to voluntarily self-identify whether you have a disability. Please take a moment to watch this video for clarification on why we're asking for this information!
              California Resident Disclaimer: California Residents - Lamar collects personal information in the ordinary course of considering job applicants. This information may include, for example, name, address, phone number and other contact information, employment history and reference contact information, and any other information provided by an applicant to Lamar. - By submitting an application, you consent to the use or sharing of this personal information solely for the purpose of consideration for employment by Lamar. - Lamar will not sell this information.
              #Reg51IDEqual Opportunity Employer/Protected Veterans/Individuals with DisabilitiesThe contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

Keywords: Lamar Advertising Company, Tuscaloosa , Lease Portfolio Manager, Executive , Tuscaloosa, Alabama

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