Director of Real Estate

Employment Type: Full-Time

FSLA: Salary/Exempt

Division: Finance

Department: Finance

Reports to: Chief Financial Officer

Supervisory Duties: Yes

The Director of Real Estate will oversee and optimize the organization's real estate portfolio with a strategic focus on assets in the U.S. Virgin Islands. This role leads the full lifecycle of real estate activities-including sourcing, acquisition, development, operations, and disposition-to maximize long-term value and performance. The Director will guide financial planning, capital strategy, risk management, regulatory compliance, and cross-functional collaboration to ensure alignment with the company's business objectives. This position requires strong analytical capability, deep knowledge of real estate and construction markets, and 25%-50% travel to the U.S. Virgin Islands.

• Source and evaluate new real estate opportunities for workforce housing, warehousing, yard space, and office use.
• Lead due diligence activities, including zoning and land-use review, environmental analysis, and legal documentation.
• Oversee complex negotiations for acquisitions, leases, dispositions, and financing arrangements.
• Conduct market comparables, feasibility studies, ROI analysis, and pricing strategies.
• Develop and manage vendor partnerships (security, healthcare, transportation, utilities, etc.) and oversee contract performance, negotiations, and invoicing.
• Manage budgets, projections, and P&L performance for all housing assets, including "man-camp" operations.
• Coordinate financing strategies and maintain banking and lender relationships; serve as liaison with financial partners.
• Direct internal and external legal teams to support efficient real estate closings and compliance.
• Oversee property management consultants and internal roles such as Property Manager, Housing Business Manager, and Real Estate Accountant, including hiring and performance management.
• Ensure full compliance with real estate operational requirements (life safety systems, insurance, taxes, regulatory obligations).
• Maintain accurate property records, insurance documentation, claims management, and post-closing follow-up.
• Monitor and optimize monthly property performance, revenue, expenses, and long-term asset value.
• Lead annual budget planning and multiyear forecasting for all real estate assets.

• Strong financial and investment analysis skills, including cash flow modeling, return on cost, and leverage evaluation.
• Proven ability to conduct feasibility studies and assess ROI across diverse asset types.
• Exceptional organizational and planning abilities to manage multiple complex real estate projects.
• Strong communication and negotiation skills for engaging with internal teams, partners, vendors, and regulatory bodies.
• High attention to detail and accuracy in reviewing contracts, leases, financials, and compliance documents.
• Effective leadership and people management capabilities to guide multidisciplinary teams and consultants.

• 5+ years managing a real estate portfolio valued between $50M-$150M.
• Bachelor's degree in real estate, business, finance, or a related field.
• Extensive experience in corporate real estate, including due diligence, acquisitions, dispositions, leasing, negotiations, and strategic planning.
• Proven financial acumen and business judgment, with experience handling confidential and sensitive information.
• Strong track record of driving performance, managing complex transactions, and optimizing asset value.