Real Estate Portfolio Supervisor

The Real Estate Portfolio Supervisor will be the subject matter expert for real estate related issues and is accountable within the assigned Field Office(s) to develop plans and set goals to optimize the existing asset/real estate portfolio including but not limited to:

Improving Existing Assets

• Improves existing asset base by leading and ensuring resolution of property issues including but not limited to Condemnations Easements CAM Disputes Lease and Land Rights protection Estoppel Requests Excess Property Consents from Landlords Cotenants Abutters etc. where required as part of any development initiatives and Nonmonetary Defaults.
• Proactively finds opportunities for income potential in real estate assets (e.g. cell towers air rights unidentified marketable real estate excess easements CAM opportunities billboards etc..
• Utilizes current Development Standards to optimize the sales performance of existing restaurants (e.g. visibility 24hour drivethru landscaping signage access egress easements).
• Renegotiating agreements with Landlords & Cotenants where necessary to facilitate required site remedies &/or development initiatives.
• Analyzes and makes recommendations for underperforming real estate assets.

Vision Planning / AP Acquisition / Rebuild Packages

• Collaborates with Real Estate Portfolio Manager and others to create maintain and update the Vision Plan for the existing real estate portfolio.
• Negotiates terms and conditions of real estate agreements for additional property as required for existing locations.
• Assembles and presents Rebuild and AP site packages to management for approval.
• Works with Construction to secure all required approvals from Landlord or Third Parties.

Relationships/Consulting

• Work closely with Real Estate Portfolio Manager Legal Department Attorneys Finance REF Accounting Asset Managers Franchisees landlords and governmental authorities on defaults CAM questions property tax tenant/landlord inquiries and disputes easements condemnations litigation and violations.
• Build and maintain relationships and dialogue with the Field Office leadership Franchisees landlords and governmental authorities.
• Represent McDonalds by participating in professional organizations and attending public hearings.
• Conduct regular communication with Field Office Restaurant Development Management to maintain alignment with the regional plan and to participate in the Field Office planning process.

Problem Solving and Innovation

• Consult with the Coordinators Franchisees Construction Managers and Operations regarding issues related to maintaining the property by coordinating internal and external resources.
• Meet with Landlords and resolve issues such as common area responsibility and compliance conduct onsite inspections to observe and resolve issues and problems.

Process Management

• Working with Legal Department Attorneys governmental authorities Area Construction Managers and outside consultants for the following matters related to condemnations: a) estimating value of improvements taken and cost to restore (e.g. curbing asphalt outdoor playlands sign relocation landscaping); b) following municipality w/code; c) negotiating compensation from condemning authority; d) preparation of condemnation impact reports; e) revising and implementing legal documents.
• Working with Finance Managers and Legal to initiate Legal notice and default for past due accounts receivable for Tenant properties.
• Working with the Region and Excess Property Team on store closing processes and transitioning the property Landlords or disposition.

Benefits eligible: Yes
Bonus eligible: Yes
The expected salary range for this role is $87050 $108810 per year.
The above represents the expected salary range for this job requisition. Ultimately in determining your pay we may also consider your experience and other jobrelated factors.

Qualifications :

• Degree or equivalent in a real estate related field preferred
• Commercial real estate experience Property management paralegal or title company background with real estate or construction experience
• Proficiency in lease/contract analysis and negotiation
• Understanding of governmental processes such as permitting zoning special use licensing and condemnations; competency in use of surveys site plans and building plans; understanding of RE tax abatements
• Ability to own the outsourcing of facilities and property maintenance and excess property superior relationship building interpersonal skills both written and verbal and strong real estate financial acumen.

Additional Information :

Benefits eligible: This position offers health and welfare benefits a 401(k) plan adoption assistance program educational assistance program flexible ways of working and time off policies (including sick leave parental leave and vacation/PTO). Eligibility requirements apply to some benefits and may depend on job classification and length of employment. 

Bonus eligible: This position is eligible for a bonus calculated based on individual and company performance.

McDonalds is an equal opportunity employer committed to the diversity of our workforce. We promote an inclusive work environment that creates feelgood moments for everyone. McDonalds provides reasonable accommodations to qualified individuals with disabilities as part of the application or hiring process or to perform the essential functions of their job. If you need assistance accessing or reading this job posting or otherwise feel you need an accommodation during the application or hiring process please contact . Reasonable accommodations will be determined on a casebycase basis.

McDonalds provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to sex sex stereotyping pregnancy (including pregnancy childbirth and medical conditions related to pregnancy childbirth or breastfeeding) race color religion ancestry or national origin age disability status medical condition marital status sexual orientation gender gender identity gender expression transgender status protected military or veteran status citizenship status genetic information or any other characteristic protected by federal state or local laws. This policy applies to all terms and conditions of employment including recruiting hiring placement promotion termination layoff recall transfer leaves of absence compensation and training.

Nothing in this job posting or description should be construed as an offer or guarantee of employment.