Head of Real Estate and Development

3 days ago


Dallas, Texas, United States ResourceOne Full time
Job Overview

An award-winning restaurant and bar group is seeking an experienced Head of Real Estate and Development to oversee the expansion of their operations in the DFW Metroplex.

Key Responsibilities
  • Oversee the scope and development process to ensure the success of expansion initiatives
  • Conduct comprehensive site survey reviews and budget assessments
  • Develop and manage project milestones and schedules
  • Effectively handle permit management and bid qualifications
  • Coordinate procurement activities and oversee project awarding
  • Provide expert oversight in construction management and contract closeouts
  • Work in conjunction with internal and external consultants throughout the process of the projects
  • Participate in ongoing strategic review of company real estate assets
  • Prepare Market Development Plans by segmenting markets into smaller trade areas; and create a growth plan for each area that includes targeting parcels for new stores and competitive stores to acquire
  • Work with financial models to qualify projects for lease or purchase
  • Negotiate Purchase contracts with sellers and leases with Landlords
  • Prepare real estate proposals and contracts for management approval
  • Initiate and organize real estate market tours for site selection and market reviews
  • Compile site ride presentations and market summaries
  • Manage progress of due diligence activities, entitlement activities, beer and wine applications, escrow closings, etc
  • Meet with government officials and attend public hearings
  • Coordinate with architects, engineers, attorneys, and other consultants
  • Work closely with internal management team to design projects
  • Manage portfolio rationalization analysis – compiling valuation and timing strategies
  • Ensure compliance with requirements, policies, and regulations
Requirements
  • Bachelor's degree in Real Estate, Finance, or related field
  • 5 to 7 years' experience in Commercial Real Estate, Development, Finance or Corporate Real Estate Management with emphasis in the food service/ restaurant industries.
  • Demonstrated ability to purchase and develop restaurant locations
  • Working knowledge of broker networks, market valuations for real property and leasehold investments
  • Familiarity with Microsoft Teams, SharePoint, Outlook, Word, and PowerPoint
  • Self-motivated, self-directed individual with strong organizational skills required
  • Requires some travel, including some overnight travel
  • Proficiency in Word and Excel required
  • Requires a driver's license and a good driving record
  • Ability to drive to local locations when needed
Benefits

Competitive salary commensurate with experience

Medical, dental, and vision insurance plans

401K contributions

Paid vacation and personal days

Generous dining discounts at company-owned restaurants



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