Supervisor, Asset Management

Company Description:

Mcdonald’s is one of the most recognized brands globally, operating in over 100 countries and serving 70 million customers daily. With a focus on customer satisfaction and growth, McDonald’s continues to innovate and expand its footprint. The company is committed to making a positive impact through its values of inclusivity, service, integrity, community, and family. Benefits include a sabbatical program, tuition assistance, and flexible work arrangements.

About the role

The Real Estate Portfolio Supervisor is responsible for managing the real estate portfolio within the assigned Field Office(s).

Responsibilities

• Lead resolution of property issues, including condemnations, easements, CAM disputes, lease/land rights, estoppels, excess property, consents, and non-monetary defaults tied to development initiatives.
• Identify income opportunities within real estate assets, such as cell towers, air rights, excess property, easements, CAM opportunities, and billboards.
• Apply Development Standards to improve restaurant performance through visibility, access, drive-thru, signage, landscaping, and related site enhancements.
• Renegotiate landlord and co-tenant agreements to support site remedies and development needs.
• Analyze underperforming real estate assets and recommend solutions.
• Create, maintain, and update the portfolio Vision Plan, negotiate real estate agreements for additional property needs at existing locations, and prepare and present Rebuild and AP site packages for approval.
• Coordinate with Construction to secure landlord and third-party approvals.
• Partner with Legal, Finance, REF Accounting, Asset Managers, Franchisees, landlords, and authorities on defaults, CAM, taxes, disputes, easements, condemnations, litigation, and violations.
• Build strong relationships with Field Office leadership, Franchisees, landlords, and governmental authorities.
• Represent McDonald’s in professional organizations and public hearings.
• Maintain regular communication with Field Office Restaurant Development Management to support regional planning alignment.
• Coordinate with internal and external partners to resolve property maintenance and operational issues.
• Process condemnation-related work with Legal, authorities, Construction, and consultants, including valuation, restoration costs, municipal compliance, compensation, impact reports, and legal documents.
• Partner with Finance and Legal to issue notices and defaults for past-due tenant receivables.
• Support store closing processes with the Region and Excess Property Team, including landlord transition or disposition.

Qualifications

• Preferred degree or equivalent in a real estate related field.
• Commercial real estate experience, property management, paralegal, or title company background with real estate or construction experience.
• Proficiency in lease/contract analysis and negotiation.
• Understanding of governmental processes such as permitting, zoning, special use, licensing, and condemnations; competency in use of surveys, site plans, and building plans; understanding of RE tax abatements.
• Ability to own the outsourcing of facilities and property maintenance and excess property, superior relationship building, interpersonal skills, both written and verbal, and strong real estate financial acumen.

Pay & Benefits

Bonus Eligible: Yes
Long-Term Incentive: No
Benefits Eligible: Yes
Salary Range: $93,208.00 - $116,510.00 per year
McDonald’s is an equal opportunity employer committed to the diversity of its workforce.

Additional Information

Reasonable accommodations are provided to qualified individuals with disabilities as part of the application or hiring process. For more information, please contact mcdhrbenefits@us.mcd.com.