A recognized services company in Florida is currently seeking an experienced professional to join their staff as their newVP of Net Lease Portfolio. In this role, theVP of Net Lease Portfolio will be responsible for building and growing this net lease business segment and have overall responsibility for all operations, including ownership of the segments P&L.
ResponsibilitiesTheVP of Net Lease Portfoliowill:
- Develop and implement a comprehensive business strategy to identify growth opportunities and maximize the return on invested capital
- Review and optimize the existing portfolio by deciding which assets should be kept, divested or monetized
- Secure new tenants by leasing out the remaining vacant space in the Net Lease portfolio
- Oversee all operational aspects of the net lease real estate business, including property acquisition, development, and leasing
- Provide mentorship, guidance, and support to foster a culture of collaboration, innovation, and excellence
- Develop and manage the company's financial plans, budgets, and forecasts
- Monitor financial performance, analyze key metrics, and implement strategies to optimize profitability
- Identify and mitigate potential risks and challenges associated with the net lease portfolio
- Stay abreast of industry trends, market conditions, and competitive landscape
- Conduct market research, analyze data, and identify emerging opportunities
- Perform other duties, as needed
Qualifications:- 4+ years of proven experience as a CEO, President, and/or Senior Executive in the Real Estate industry
- Bachelor's Degree
- In-depth knowledge of Real Estate Market trends, Property Development, and Investment Strategies.
- Strong background in Commercial Real Estate and Lease Administration
- Sufficient financial acumen and proficiency in Budgeting, Forecasting, and Financial Analysis
- Microsoft Excel proficient
- Great interpersonal skills
- Excellent communication skills (written and verbal)
- Strong attention to detail
- Highly organized
Desired Skills:- Bachelor's Degree in Business, Finance, Real Estate, and/or a related field
- Experience leading and operating a REIT
