Life Time Inc.
Join to apply for the
Associate Real Estate Manager
role at
Life Time Inc.
Overview 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 Summary The Associate Real Estate Manager will report to the Senior Real Estate Manager to support, facilitate, and coordinate the efforts of the Real Estate Manager and Development Team in the real estate development process for new Life Time projects. Candidate must be self-motivated, driven and personable with the ability to multitask and function in a fast-paced team environment. Candidate must also uphold the Life Time Mission and Vision Statements.
Job Duties and Responsibilities
Develops, leads and effectively executes strategies to support the service profit chain
Leverage internal and external resources to deliver presentations, reports, and downloads to support Real Estate and Development’s efforts for successful market and site selection
Lead cross-department Project Team (from Project Initiation through permits) to provide leadership deliverables of deal process by being an integral part of the lease/purchase agreement
Draft LOIs, Work Letters, and Exhibits. Provide deal and legal comments to Real Estate and Legal teams on LOIs, PSAs, and Leases
Ensure process compliance. Hold Project Team accountable by identifying, communicating, and resolving budget/project risks for internal and external partners
Lead internal partners and external consultants from the preliminary site assessment phase to final site assessment including due diligence, scope narrative, business plan, entitlements, approvals, permitting, closing and turnover
Assist with the planning and management of the new club deployment strategy, market strategy, membership goals and US growth trends. Research national real estate micro and macro trends and proactively manage/min e the region to discover deployment locations for Life Time Clubs, Co-working, and Living
Understand and facilitate internal requests and initiatives to meet the needs of the Life Time Member and Club Operations
Effectively communicate and problem solve between external owners and internal team members regarding site/development constraints
Collaborate with Location Intelligence team to analyze market trade area demographics, competition, travel patterns, and other factors necessary to assess site viability and club amenities that deliver a club project that serves the health and wellness needs of the market
Position Requirements
Bachelor’s Degree or Master’s Degree in a related field
2 – 5 years of related experience
Ability to effectively multi-task with tight deadlines independently and within a team environment
Ability to operate a personal computer
Experience reviewing purchase agreements and leases
Public speaking and presentation skills in both large and small groups
Knowledge of standard office procedures and computer software
Direct and decisive oral and written communication skills
Ability to define problems, collect and analyze data, establish facts, draw valid conclusions and recommend solutions
Knowledge of real estate finance
Knowledge of site development and negotiations
Strong project management skills
Salary and Benefits This is a salaried position starting at $85,000 and pays up to $117,000, based on experience and qualifications.
A fully subsidized membership
Discounts on Life Time products and services
401(k) retirement savings plan with company discretionary match (21 years of age and older)
Training and professional development
Paid sick leave where required by law
Medical, dental, vision, and prescription drug coverage
Short term and long term disability insurance
Life insurance
Pre-tax flexible spending and dependent care plans
Parental leave and adoption assistance
Paid time off, including 5 to 20 vacation days per calendar year (based on tenure) and paid sick leave
Deferred compensation plan, if the team member meets the required income threshold
Equal Opportunity Life 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 Details
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Sales and Management
Industries: Wellness and Fitness Services
#J-18808-Ljbffr
Associate Real Estate Manager
role at
Life Time Inc.
Overview 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 Summary The Associate Real Estate Manager will report to the Senior Real Estate Manager to support, facilitate, and coordinate the efforts of the Real Estate Manager and Development Team in the real estate development process for new Life Time projects. Candidate must be self-motivated, driven and personable with the ability to multitask and function in a fast-paced team environment. Candidate must also uphold the Life Time Mission and Vision Statements.
Job Duties and Responsibilities
Develops, leads and effectively executes strategies to support the service profit chain
Leverage internal and external resources to deliver presentations, reports, and downloads to support Real Estate and Development’s efforts for successful market and site selection
Lead cross-department Project Team (from Project Initiation through permits) to provide leadership deliverables of deal process by being an integral part of the lease/purchase agreement
Draft LOIs, Work Letters, and Exhibits. Provide deal and legal comments to Real Estate and Legal teams on LOIs, PSAs, and Leases
Ensure process compliance. Hold Project Team accountable by identifying, communicating, and resolving budget/project risks for internal and external partners
Lead internal partners and external consultants from the preliminary site assessment phase to final site assessment including due diligence, scope narrative, business plan, entitlements, approvals, permitting, closing and turnover
Assist with the planning and management of the new club deployment strategy, market strategy, membership goals and US growth trends. Research national real estate micro and macro trends and proactively manage/min e the region to discover deployment locations for Life Time Clubs, Co-working, and Living
Understand and facilitate internal requests and initiatives to meet the needs of the Life Time Member and Club Operations
Effectively communicate and problem solve between external owners and internal team members regarding site/development constraints
Collaborate with Location Intelligence team to analyze market trade area demographics, competition, travel patterns, and other factors necessary to assess site viability and club amenities that deliver a club project that serves the health and wellness needs of the market
Position Requirements
Bachelor’s Degree or Master’s Degree in a related field
2 – 5 years of related experience
Ability to effectively multi-task with tight deadlines independently and within a team environment
Ability to operate a personal computer
Experience reviewing purchase agreements and leases
Public speaking and presentation skills in both large and small groups
Knowledge of standard office procedures and computer software
Direct and decisive oral and written communication skills
Ability to define problems, collect and analyze data, establish facts, draw valid conclusions and recommend solutions
Knowledge of real estate finance
Knowledge of site development and negotiations
Strong project management skills
Salary and Benefits This is a salaried position starting at $85,000 and pays up to $117,000, based on experience and qualifications.
A fully subsidized membership
Discounts on Life Time products and services
401(k) retirement savings plan with company discretionary match (21 years of age and older)
Training and professional development
Paid sick leave where required by law
Medical, dental, vision, and prescription drug coverage
Short term and long term disability insurance
Life insurance
Pre-tax flexible spending and dependent care plans
Parental leave and adoption assistance
Paid time off, including 5 to 20 vacation days per calendar year (based on tenure) and paid sick leave
Deferred compensation plan, if the team member meets the required income threshold
Equal Opportunity Life 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 Details
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Sales and Management
Industries: Wellness and Fitness Services
#J-18808-Ljbffr