Manager, Real Estate - South

Bengaluru, Karnataka, India | Real Estate | Full-time

Apply

About Company: WeWork is the platform for creators, providing hundreds of thousands of members around the world with space, community and services that enable them to do what they love and create their life’s work. Our mission is to create a world where people work to make a life, not just a living, and our own team members are central to that goal.

Purpose:

The Real Estate Team is responsible for supporting all transactional work and performing all financial analysis, market research and deal management pertaining to WeWork’s regional expansion. This position is responsible for facilitating all actions required for the professional management of WeWork’s leasing pipeline and portfolio within their designated region and territory. As a dedicated member of a regional deal team, this role requires a deep understanding of the commercial real estate market, real estate portfolio management, commercial and legal negotiation, and stakeholder management.

Manage the day-to-day activities of WeWork’s Real Estate portfolio.  Support a diverse set of company needs from basic management of lease abstractions and critical dates.  Responsible for portfolio lease input and tracking to enable the company to make strategic real estate decisions that support WeWork’s expansion and growth.

Accountable For:

  • Leading the Real Estate portfolio and growth for the region
  • Facilitating timely deal conversion, advantageous deal terms, successful lease negotiation, project management and overall portfolio management
  • Contributing to and overseeing analytics work, particularly market research, deal underwriting, investment committee presentations, etc
  • Facilitating all actions required for and maintaining systems for regional portfolio management
  • Responsible for the storage of all lease-related documents and input key information
  • Review critical data reporting provided by third party vendor for accuracy
  • Coordinate completion of tenant improvements required in leases and lease amendments
  • Research and provide information on escalations, operating costs and real estate taxes
  • Collaborate with Accounting to reconcile letters of credits and guarantees to leases
  • Work with Legal and the greater Real Estate team on newly executed leases and agreements
  • Follow up with landlords in a timely manner on resolution of complaints, status of tenant service requests and miscellaneous tenant requirements
  • Assist Transaction Managers with deal closeout: receipt of comparison analysis and other relevant information from our broker partners
  • Work with landlords to obtain possession letters, rent commencement agreements and other other lease related correspondence
  • Develop activity reports for regional portfolios and global portfolio
  • Become familiar with all building leases and building rules and regulations with a proficiency to review and investigate conflicts

Capabilities:

  • Extensive work experience in RE Finance, CRE brokerage and/or CRE acquisitions
  • Experience with commercial real estate and transaction management
  • Strong capabilities in financial modeling and market research
  • Strong understanding of commercial real estate industry
  • Impeccable and concise communication and presentation skills, verbal and written
  • Teamwork, cooperation, and ability to take direction
  • Reliable, focused and detail-oriented
  • Demonstrated ability to consistently meet deadlines
  • Strong time management skills and experience managing multiple projects simultaneously
  • Excels under pressure; ability to work both independently and cooperatively in a fast-paced environment
  • Bachelor’s Degree in Business Administration or Accounting
  • Experience related to lease administration, Accounting or property/project management
  • Experience with Visual Lease is a must
  • Experience with Workday is preferred
  • Expertise in understanding and interpreting complex commercial lease language
  • Independent worker and team player
  • Work successfully under pressure and effectively manage time and workload
  • Ability to multitask, process work quickly and accurately with changing priorities
  • Strong interpersonal, written and verbal skills
  • Demonstrated ability to organize and communicate data in a clear manner
  • Desire to work within a diverse, collaborative and driven professional environment