Real Estate Manager

Position Summary

The Real Estate Team is a significant part of Life Time's growth engine. Our Real Estate Manager works closely with the Property Development group to find the best properties and markets for expansion. The role involves scouting new markets, developing deployment strategies, and guiding projects from initial discovery to grand openings.

What You'll Do

• Scout new markets and build deployment strategies for future Life Time locations
• Dig into market and trade area studies to identify where we should grow next
• Keep a pulse on assigned trade areas, tracking development opportunities over time
• Build and maintain a broker network that consistently surfaces land opportunities aligned with our growth strategy
• Pursue high-quality sites using fact-based, metrics-driven decision-making
• Evaluate potential sites across demographics, accessibility, utilities, land composition, and location fit against our brand standards
• Write and present business plans to the Board of Directors, laying out the market opportunity and the case for investment
• Avoid assess the competitive landscape: who's nearby, what they offer, what they charge, and whether they matter
• Negotiate Letters of Intent, Purchase Agreements, and Leases
• Guide sites through civil engineering, site planning, and entitlement once land is secured
• Partner with our SVP of Real Estate and Development and senior leadership on final site walkthroughs and approvals
• Manage the disposition of excess property when needed

What You Bring

• A four-year college degree
• 5 to 8 years of real estate analysis and acquisition experience
• 2 years of management experience
• Sharp instincts for real estate finance, site development, and negotiation
• The ability to juggle multiple deals and deadlines without losing precision
• A knack for pulling insight out of data and turning it into a clear recommendation
• Strong written and verbal communication skills
• You'll be presenting to senior leaders and the Board
• Project management chops that keep complex, multi-team deals moving

Good to Know

• This 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

Benefits

• All team members receive the following benefits while working for Life Time:
• 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
• Full-time Team Members are eligible for additional benefits, including:
• Medical, dental, vision, and prescription drug coverage
• Short term and long term disability insurance
• Life insurance
• 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

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.