Real Estate Manager Job at Life Time Fitness, Chanhassen, MN

  • Life Time Fitness
  • Chanhassen, MN

Job Description

The Real Estate Team is a significant part of the growth engine of our company. We thrive on finding the best property and markets to expand our portfolio of Athletic Resort destinations. We work side by side with our Team Members in the Property Development group by leveraging continual collaboration throughout the life cycle of each project. When you join our team, you are joining a group of fun and talented people. We offer an incredible benefits package, generous club discounts, and a fully subsidized Signature Life Time membership.Position SummaryLife Time isn't just building clubs. We're building destinations where people come to live a Healthy Way of Life. As our Real Estate Manager, you'll be the person on the ground finding the next great location: scouting sites, reading markets, and turning raw land into the next Life Time Athletic Country Club or mixed-use Healthy Way of Life development.You'll work at the intersection of strategy and boots-on-the-ground hustle, visiting new markets, building broker relationships, running the numbers, and bringing your findings to the table with our architecture, construction, legal, operations, and development teams. With 195+ locations already serving 1.5M+ members across the U.S. and Canada, you'll be helping write the next chapter of where Life Time shows up next.If you love the deal-making side of real estate as much as the "why does this market make sense" side, and you want to see something you sourced go from a spreadsheet to a grand opening, this is your seat at the table.What You'll DoScout new markets and build deployment strategies for future Life Time locationsDig into market and trade area studies to identify where we should grow nextKeep a pulse on assigned trade areas, tracking development opportunities over timeBuild and maintain a broker network that consistently surfaces land opportunities aligned with our growth strategyPursue high-quality sites using fact-based, metrics-driven decision-makingEvaluate potential sites across demographics, accessibility, utilities, land composition, and location fit against our brand standardsWrite and present business plans to the Board of Directors, laying out the market opportunity and the case for investmentAssess the competitive landscape: who's nearby, what they offer, what they charge, and whether they matterNegotiate Letters of Intent, Purchase Agreements, and LeasesGuide sites through civil engineering, site planning, and entitlement once land is securedPartner with our SVP of Real Estate and Development and senior leadership on final site walkthroughs and approvalsManage the disposition of excess property when neededWhat You BringA four-year college degree5 to 8 years of real estate analysis and acquisition experience2 years of management experienceSharp instincts for real estate finance, site development, and negotiationThe ability to juggle multiple deals and deadlines without losing precisionA knack for pulling insight out of data and turning it into a clear recommendationStrong written and verbal communication; you'll be presenting to senior leaders and the BoardProject management chops that keep complex, multi-team deals movingGood to KnowThis is a primarily office-based role with frequent travel to visit markets, walk sites, and meet with brokers and leadership. You'll be on your feet, on the phone, in front of a room, and occasionally trudging through a vacant lot, sometimes all in the same week.PayThis is a salaried position starting at $105,000.00(or applicable minimum salary, if higher) and pays up to $145,000.00, based on experience and qualifications.BenefitsAll team members receive the following benefits while working for Life Time:A fully subsidized membershipDiscounts on Life Time products and services401(k) retirement savings plan with company discretionary match (21 years of age and older)Training and professional developmentPaid sick leave where required by lawFull-time Team Members are eligible for additional benefits, including:Medical, dental, vision, and prescription drug coverageShort term and long term disability insuranceLife insurancePre-tax flexible spending and dependent care plansParental leave and adoption assistancePaid time off, including 5 to 20 vacation days per calendar year (based on tenure) and paid sick leaveDeferred compensation plan, if the team member meets the required income thresholdLife Time is a place for everyone. As an organization, we are committed to an inclusive, diverse and equitable workplace that respects and celebrates the unique contributions of each individual while ensuring we remain an equal opportunity employer that recruits, hires, trains and promotes based on merit and qualifications.Job SummaryJob number: R- Profession: Real Estate, Architecture & Construction

Job Tags

Work at office, Flexible hours

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