Strategic Real Estate Investment Leader
4 days ago
We are seeking an experienced Strategic Real Estate Investment Leader to partner with our Real Estate Investment Officer and Head of Direct Real Estate to execute a plan to acquire commercial real estate in the US on behalf of various FMR fund vehicles.
About the RoleThis role involves sourcing opportunities, managing underwriting, negotiating with sellers, presenting opportunities to the investment committee, running due diligence processes, closing transactions, leading property-level financing, and assuming asset management responsibilities for initial acquisitions.
Responsibilities- Source real estate investment opportunities that meet portfolio criteria across target markets through existing networks or broker relationships.
- Review and underwrite proposed opportunities.
- Negotiate and structure real estate acquisitions and property-level financing.
- Prepare analysis of opportunities and materials for investment committee approval and present opportunities to the committee.
- Review and approve legal, operational, environmental, engineering, and appraisal reports created as part of the due diligence process.
- Assume asset management responsibilities for initial acquisitions and partner with the broader Real Estate team to build an in-house asset management team.
- Contribute valuable knowledge of US real estate markets.
- Build and maintain an appropriate pipeline of opportunities.
- Manage and develop investment analysts and associates.
- Bachelor's degree required; MBA preferred.
- Minimum of 10 years' work experience in commercial real estate, with 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; asset management experience a plus.
- Strong writing and presentation abilities.
- Ability to evaluate real estate and real estate markets.
- Management and leadership skills necessary to implement a new product/strategy within Fidelity.
- Critical thinking skills to analyze opportunities and make quick decisions.
- Collaborative, results-driven leader.
The estimated salary for this role is $120,000 - $180,000 per year, depending on experience. Fidelity Investments offers a range of benefits, including flexible working hours, comprehensive health insurance, retirement savings plans, and opportunities for career growth and development.
About FidelityFidelity Investments is a privately held company with a mission to strengthen the financial well-being of its clients. We help people invest and plan for their future, assist companies and non-profit organizations in delivering benefits to their employees, and provide institutions and independent advisors with investment and technology solutions to help invest their clients' money.
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