Director of Real Estate

Key Responsibilities

• Departmental Architecture & Strategy: Develop the Real Estate function at Western Veterinary Partners, including hiring a small team of real estate professionals and implementing the systems and processes to take WVP’s real estate capabilities to a highly functioning service
• Capital Growth Projects: Oversee the prioritization, project scoping, investment underwriting, budgeting, and project execution of $15-30M of annual real estate growth projects, including expansions, new build outs, facility refreshes, and other major capital projects. Select preferred vendors across all aspects of project execution to create strong accountability and execution
• Serve as key partner to develop new and relocation sites for our hospital partners. Develop corporate standards for facility locations, footprint, cost, signage, access, etc. Create a standard real estate pack that outlines key selection criteria and outlines the trade-offs among potential locations in a market
• Create a world-class facilities management function, leveraging our national scale to create centralized facilities services with vendors and internal teams. Create an improved experience for hospital team members through reduced facility management cost and improved delivery
• Lease Administration: Manage the portfolio of leases across all WVP locations, including new lease negotiation and execution, renewals, and terminations. Work with local, regional, and national brokers to evaluate leases and recommend renewal or relocation decisions. Standardize our leases over time to preferred corporate terms
• De novo model: Architect the de novo model to create a standardized, repeatable de novo real estate strategy for new hospitals across the United States. Spearhead the execution of 5-10 de novo openings per year in coordination with operations, marketing, procurement, legal, and other internal teams
• Team leadership: Direct the day-to-day activities of a team of real estate and project management professionals, providing guidance and mentorship

Qualifications & Experience

• 20+ years of progressive leadership in real estate and/or facilities roles at a multi-site retail or multi-site services company
• Veterinary or healthcare services highly preferred
• Direct experience with real estate site selection proposals and/or working directly with brokers to source facilities
• Direct experience managing lease portfolios, renewal cycles, landlord/tenant matters, terminations, and disputes
• Direct experience managing and approving capital projects, setting budgets, monitoring execution, and working with general contractors or facilities teams
• Experience or familiarity with facilities management, facility services vendor selection, and an internal service model
• Financial modeling skills with the ability to create budgets, cash flow analyses, ROI analyses, and comparisons across a variety of real estate scenarios
• Deep experience and connections within the real estate field; direct national broker experience or relationships highly preferred
• Familiarity with an acquisition-focused model and de novo planning experience preferred
• Excellent communication and presentation skills, with the ability to distill complex insights for diverse audiences
• Highly organized, detail-oriented, and adaptable in a fast-paced, evolving environment