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Huntington National Bank

Real Estate Portfolio Manager

Huntington National Bank, Columbus, Ohio, United States, 43224

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Overview

Real Estate Portfolio Manager will manage an existing portfolio of bank owned/leased & occupied real estate properties including retail, office, bank tenants and ATM sites within assigned market with an emphasis on negotiating and managing the lease renewals process and handling problem resolution for site issues. From time-to-time this position may assist with or lead market searches and negotiate deals for new sites for retail and corporate lines of business as needed – interact with regional leadership as requested. Duties & Responsibilities

For leased properties, negotiate renewals with emphasis on cost savings, manage the entire renewal process including financial analysis and forecasting, update and negotiate changes to lease language, and execute renewals primarily direct with landlords. Lead problem resolution for issues at a facility involving lease adherence and coordinate with internal partners and external resources as needed to resolve property issues and enforce lease requirements for Huntington. Market excess space direct or through broker as needed and serve as main point of contact for tenant relationships within assigned markets; resolve issues that arise. Perform financial analysis on all transactions, adhere to budget constraints, and participate in forecasting expenses with lease administration. Negotiate terminations as required. For owned properties, assist in resolving issues related to easements or miscellaneous items. Assist Lease Administrator in collecting past-due rents and other charges from third-party tenants. Other duties as assigned. Assist with or lead market searches and negotiate deals for new sites for retail and corporate lines of business as needed – interact with regional leadership as requested. Location

This is an in-office position located at 5555 Cleveland Ave, Columbus, Ohio, or possible other location where Huntington has a market presence. Basic Qualifications

5 or more years of experience managing a commercial real estate portfolio including leased and owned properties (not residential) with direct negotiation of deals with landlords and managing the legal documentation for renewals, including negotiations of various lease clauses. 5 years of directly negotiating commercial real estate deals. Bachelor's Degree. Preferred Qualifications

Working knowledge of lease contract language; ability to prepare and edit LOIs and work with legal to review/edit leases and purchase agreements. Strong written and oral communication and negotiating skills. 5 to 7 years’ experience in commercial real estate with firm understanding of commercial lease terminology and related legal documents, and ability to interpret these for Huntington’s lease deals. Understanding of how to assess a market and perform site searches for retail opportunities. Ability to read surveys, understand title work and closing packages, and apply general commercial real estate terminology. Exempt Status

(Yes) = not eligible for overtime pay; (No) = eligible for overtime pay. Yes Workplace Type

Office Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining in-office and work-from-home options to support collaboration and performance. Remote roles may require periodic in-office attendance as needed. Other Information

Huntington is an Equal Opportunity Employer. Note to Agency Recruiters: Huntington Bank will not pay a fee for any placement resulting from unsolicited resumes. All unsolicited resumes will be considered Huntington Bank property. Agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.

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