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Leasing and Asset Management Specialist

2 months ago

New York, New York, United States Vail Resorts Full time
Job Overview

At Vail Resorts, we are dedicated to crafting an Experience of a Lifetime for our employees, enabling them to deliver the same exceptional experience to our guests. We manage some of the most prestigious destination resorts globally, alongside regional ski areas, all interconnected through an unparalleled network. We invite visionary leaders, innovators, and creators to join our dynamic team. If you are prepared to unlock your full potential, we are eager to connect with you.

Position Summary:

The Commercial Leasing – Leasing & Asset Manager serves as the primary contact and leader within the Commercial Leasing division for select resorts. This role may involve travel to various locations. Under the mentorship of the Director of Commercial Leasing, the Leasing & Asset Manager will be tasked with: staying informed on retail and dining trends, scouting new tenants and prospects, optimizing occupancy within the portfolio, and monitoring the evolving mix of tenants as part of the retail strategy; conducting lease evaluations, tenant assessments, deal structuring, and execution; performing financial analyses, including budgeting and forecasting; identifying and planning capital investments for projects, collaborating with tenants on project developments; effectively engaging with association boards, key stakeholders, and senior leadership; and executing additional responsibilities as required. This role demands strong communication skills (both written and verbal), attention to detail, analytical and critical thinking capabilities; proficiency in reviewing commercial leases and legal documents, financial modeling, and tenant underwriting; effective leadership and time management skills; adeptness in overseeing project developments; and the ability to manage both internal and external stakeholders efficiently. A cover letter is a prerequisite for application consideration.

Job Specifications:

  • Outlet: Corporate
  • Salary Range: Starting at $85,000 - $95,000 + annual bonus, adjusted based on experience
  • Employment Type: Full Time / Year Round
  • Work Arrangement: Hybrid, Remote

Key Responsibilities:

  • Identify and assess potential tenants. Structure new lease agreements and modifications, including financial modeling.
  • Analyze retail programming and focus on performance metrics.
  • Plan and manage capital investments to support tenant buildouts and renovations, ensuring optimal use of space.
  • Oversee and coordinate construction, maintenance, and design projects in collaboration with commercial tenants and property management.
  • Foster strong relationships with tenants and village leadership, addressing operational issues as they arise.
  • Support third-party retail sales initiatives through merchandising and marketing assistance.
  • Manage tenant relationships, including lease amendments and addressing delinquent accounts, under the guidance of senior leadership and legal teams.
  • Maintain accurate lease files and records, ensuring compliance with reporting requirements.
  • Provide management reports and collaborate with the finance team, playing a crucial role in budgeting and capital planning.
  • Ensure all lease information is current and accurate within management reporting systems.
  • Represent the company on HOA boards, overseeing budgets and capital projects for commercial tenants.
  • Assist tenants in adhering to resort rules and regulations.
  • Perform other duties as assigned.

Qualifications:

  • Bachelor's Degree required.
  • Minimum of 3 years of experience in leasing, asset management, or property management.
  • Proficient in Microsoft Office Suite (Outlook, Excel, Word, PowerPoint).
  • Excellent verbal and written communication skills.
  • Strong analytical skills and business acumen.
  • Ability to negotiate leases and interpret legal documents.
  • Experience in project management.
  • Demonstrated customer service skills with tenants, vendors, and senior leadership.
  • Willingness to travel to assigned resorts.

The anticipated total compensation for this position is $85,000 - $95,000 + annual bonus, with individual compensation determined by various factors.

Benefits:

  • Ski/Mountain Perks: Complimentary passes for employees, discounted lift tickets for friends and family, and free ski lessons.
  • Additional employee discounts on lodging, dining, equipment, and transportation.
  • 401(k) Retirement Plan.
  • Employee Assistance Program.
  • Comprehensive training and professional development opportunities.

Full-time roles are eligible for the above benefits, plus:

  • Health Insurance options, including Medical, Dental, and Vision plans (available for eligible seasonal employees after completing 500 hours).
  • Free ski passes for dependents.
  • Critical Illness and Accident insurance plans.

Vail Resorts offers a 'Hybrid' work environment, allowing employees within a certain distance from the office to work on-site part of the week while providing flexibility for remote work for those outside commuting range. Please note that work arrangements may change at the company's discretion.

Vail Resorts is an equal opportunity employer. Qualified candidates will be considered for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, veteran status, or any other status protected by law.