Executive Director, US Real Estate Investments
2 weeks ago
Fidelity Investments is seeking a seasoned executive to lead its US Real Estate Investments team.
About the RoleThe Executive Director will be responsible for executing a plan to acquire commercial real estate in the US on behalf of FMR fund vehicles. This includes sourcing opportunities, managing underwriting, negotiating with sellers, and presenting deals to the investment committee.
The ideal candidate will have a strong professional network throughout the US real estate industry and recent relevant investment experience across various asset classes. They should also possess strong writing and presentation abilities, as well as management and leadership skills necessary to implement new products or strategies within Fidelity.
Key Responsibilities- Sourcing real estate investment opportunities that meet portfolio criteria
- Reviewing and underwriting proposed opportunities
- Negotiating and structuring real estate acquisitions and property-level financing
- Preparing analysis of opportunity and materials for investment committee approval
- Assuming asset management responsibilities for initial acquisitions
- Bachelor's degree required, MBA preferred
- Minimum of 10 years' work experience in commercial real estate, majority within investment roles
- Strong professional relationships throughout the US real estate industry
- Recent relevant investment experience in US commercial real estate across various asset classes
The salary for this role is estimated to be around $150,000 - $200,000 per year, depending on experience. We offer a hybrid working model that blends onsite and offsite work experiences, and we value diversity and inclusion in our workplace.
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