Job Description
Director of Corporate Real Estate
We are Lennar
Lennar is one of the nation's leading homebuilders, dedicated to making an impact and creating an extraordinary experience for their Homeowners, Communities, and Associates by building quality homes and providing exceptional customer service, giving back to the communities in which we work and live in, and fostering a culture of opportunity and growth for our Associates throughout their career. Lennar has been recognized as a Fortune 500® company and consistently ranked among the top homebuilders in the United States.
Join a Company that Empowers you to Build your Future
The Director of Corporate Real Estate’s primary function is to create and execute the Company’s overall real estate strategy for all leasehold interests on Lennar’s platforms. This includes collaborating on efficiencies with each business unit to mitigate economic obligations and risk for Lennar, overseeing the lease negotiation and renewal process with all third-party landlord’s, including management of any outsourced vendor relationships and services, and overseeing fair market value research to ensure the best terms are secured. Interpret and advice management on all terms of real estate contracts, including leases, subleases, addendum, construction management and related documents.
- A career with purpose.
- A career built on making dreams come true.
- A career built on building zero defect homes, cost management, and adherence to schedules.
Your Responsibilities On The Team
- Participate in the formulation of an enterprise-wide real estate strategy including human and physical plant efficiencies and risk mitigation.
- Develop a strategy for each upcoming lease project.
- Manage third party landlords and outsourced services enterprise-wide.
- Negotiate lease contracts and comparable agreements, and coordinate related processes on behalf of assigned Lennar locations.
- Ensure necessary legal reviews and due diligence processes are completed.
Prepare and maintain rent schedules and budgets.
- Provide documentation, financial analysis, and related research for real estate issues.
- Review, prepare, analyze and interpret all leases, permits and licenses as applicable.
- Maintain database of leases and related information for reporting purposes and project prioritization.
- Drafts lease language and creates legal documents as required such as lease modification amendments, letters of intent and option letters.
- Lead special projects as assigned.
Requirements
- Bachelor’s degree in related field required.
- At least 8+ years of contract negotiation in real estate required, preferably in a high-volume corporate environment. An equivalent combination of education and experience may be substituted.
- Experience with LOI and contract negotiations and commercial leasing.
- Knowledge and understanding of real estate concepts, practices and procedures.
- Understanding of legal documents and language.
- Knowledge of home building industry preferred.
- Strong communication skills (verbal, written) with all levels within an organization or in the broader market.
- Strong negotiation and project management skills.
- Proficiency with MS Office, specifically Excel and Database applications.
Physical & Office/Site Presence Requirements:
This is primarily a sedentary office position which requires the incumbent to have the ability to operate computer equipment, speak, hear, bend, stoop, reach, lift, and move and carry up to 25 lbs. Finger dexterity is necessary.
This description outlines the basic responsibilities and requirements for the position noted. This is not a comprehensive listing of all job duties of the Associates. Duties, responsibilities and activities may change at any time with or without notice.
Life at Lennar
At Lennar, we are committed to fostering a supportive and enriching environment for our Associates, offering a comprehensive array of benefits designed to enhance their well-being and professional growth. Our Associates have access to robust health insurance plans, including Medical, Dental, and Vision coverage, ensuring their health needs are well taken care of. Our 401(k) Retirement Plan, complete with a $1 for $1 Company Match up to 5%, helps secure their financial future, while Paid Parental Leave and an Associate Assistance Plan provide essential support during life's critical moments. To further support our Associates, we provide an Education Assistance Program and up to $30,000 in Adoption Assistance, underscoring our commitment to their diverse needs and aspirations. From the moment of hire, they can enjoy up to three weeks of vacation annually, alongside generous Holiday, Sick Leave, and Personal Day policies. Additionally, we offer a New Hire Referral Bonus Program, significant Home Purchase Discounts, and unique opportunities such as the Everyone’s Included Day. At Lennar, we believe in investing in our Associates, empowering them to thrive both personally and professionally. Lennar Associates will have access to these benefits as outlined by Lennar’s policies and applicable plan terms. Visit Lennartotalrewards.com to view our suite of benefits.
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Lennar is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws.
