OpenPurpose
Sr. Manager, Real Estate Portfolio Management
OpenPurpose, Los Angeles, California, United States, 90079
Sr. Manager, Real Estate Portfolio Management
Snap Inc
is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. Snap contributes to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. The Company’s three core products are
Snapchat , a visual messaging app that enhances your relationships with friends, family, and the world;
Lens Studio , an augmented reality platform that powers AR across Snapchat and other services; and its AR glasses,
Spectacles .Workplace Experience (WX) is responsible for the design, build, and operations of all Snap workspace globally. The team includes Portfolio Management, Design & Construction Management, Data, Technology & Planning, Workplace Operations, Food and Onsite Events. Our mission is simple:
We help Snap get together and get to work.
We balance the diverse needs of our employees and teams to collaborate and socialize, as well as concentrate independently. Our workplace supports safe, healthy and sustainable lifestyles and most importantly builds community.We’re looking for a Sr. Manager, Real Estate Portfolio Management to join the Workplace Experience (WX) Team at Snap Inc!What you’ll do:Manage internal Snap portfolio management team, including in-house transaction managers as well as 3rd party brokerage services team and lease administration.Lead Snap’s global real estate strategy in coordination with our internal occupancy planning team.Lead new site selection and global real estate strategy.Develop a thoughtful real estate leasing strategy that balances the short term and long term needs of the business, incorporates HR and occupancy planning data, and aligns with broader company goals.Comprehensive workplace, lease, and space planning strategy based on short and long-term business needs to provide operational excellence and a productive workplace for our employees.Manage critical dates reports, working closely with accounting, finance and legal to accurately forecast activity and document all real estate transactions.Meet regularly with business partners to understand real estate needs by team and by location.Develop and communicate clear business cases for the analysis, review, and financial approval of real estate projects.Collaborate with the finance team to report on financial performance, validate and control vendor costs. Confirm all CAM charges are correct for both leased and subleased properties.Draft and create a large variety of analyses and relevant documents, including but not limited to: project initiation, market comparable reports, Requests for Proposals (RFPs), proposal comparison packages, letters of intent, financial analysis, and approval memos.Responsible for managing relationships with our landlords and resolving any disputes.Work closely with internal partners, ITDE, Security & EHS on upfront site selection due diligence.Draft and present Monthly Business Reviews (MBRs) outlining progress to date and go forward strategy for global real estate at Snap.Knowledge, Skills, and Abilities:Strong background in customer service and promoting a positive employee experience.Extreme attention to detail and with the ability to anticipate, prioritize, and adapt to changing workload situations.Able to prepare reports and presentations for both transactions and projects for senior leaders.Previous experience leading procurement efforts, site acquisition, due diligence, and negotiations while handling multi-million dollar budgets.Excellent verbal and written communication skills, with high attention to detail.Global experience with complex real estate transactions and subleases.Comfortable with analyzing and making business recommendations on real estate trends and portfolio conditions.Ability to think strategically and execute upon a strategic vision by utilizing demographic, economic and RE market data to make required recommendations.Has previous experience with organizing and resolving legal and financial matters related to real estate activities and modifying contracts in partnership with cross-functional partners.Experience collaborating cross-functionally at all levels of a company.Participated in complete portfolio optimization.Understanding of lease administration / real estate portfolio management.Minimum qualifications:Bachelor’s degree in accounting, finance, facility/property management, Real Estate or related field, or equivalent years of experience. 7+ years running distributed real estate portfolios, including corporate campus or relevant field.10+ years experience leading and/or growing a team.Preferred qualifications:Commercial Real Estate License, Real Estate Appraiser License, LEED Accreditation, or relevant Masters Degree.If you have a disability or special need that requires accommodation, please provide us some
information .Default Together Policy at Snap:
At Snap Inc. we believe that being together in person helps us build our culture faster, reinforce our values, and serve our community, customers and partners better through dynamic collaboration. To reflect this, we practice a “default together” approach and expect our team members to work in an office 4+ days per week.At Snap, we believe that having a team of diverse backgrounds and voices working together will enable us to create innovative products that improve the way people live and communicate. Snap is proud to be an equal opportunity employer, and committed to providing employment opportunities regardless of race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, pregnancy, childbirth and breastfeeding, age, sexual orientation, military or veteran status, or any other protected classification, in accordance with applicable federal, state, and local laws. EOE, including disability/vets.Our Benefits:
Snap Inc. is its own community, so we’ve got your back! We do our best to make sure you and your loved ones have everything you need to be happy and healthy, on your own terms. Our benefits are built around your needs and include paid parental leave, comprehensive medical coverage, emotional and mental health support programs, and compensation packages that let you share in Snap’s long-term success!Compensation:
In the United States, work locations are assigned a pay zone which determines the salary range for the position. The successful candidate’s starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. The starting pay may be negotiable within the salary range for the position. These pay zones may be modified in the future.Zone A (CA, WA, NYC):
The base salary range for this position is $168,000-$252,000 annually.Zone B:
The base salary range for this position is $160,000-$239,000 annually.Zone C:
The base salary range for this position is $143,000-$214,000 annually.This position is eligible for equity in the form of RSUs.
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Snap Inc
is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. Snap contributes to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. The Company’s three core products are
Snapchat , a visual messaging app that enhances your relationships with friends, family, and the world;
Lens Studio , an augmented reality platform that powers AR across Snapchat and other services; and its AR glasses,
Spectacles .Workplace Experience (WX) is responsible for the design, build, and operations of all Snap workspace globally. The team includes Portfolio Management, Design & Construction Management, Data, Technology & Planning, Workplace Operations, Food and Onsite Events. Our mission is simple:
We help Snap get together and get to work.
We balance the diverse needs of our employees and teams to collaborate and socialize, as well as concentrate independently. Our workplace supports safe, healthy and sustainable lifestyles and most importantly builds community.We’re looking for a Sr. Manager, Real Estate Portfolio Management to join the Workplace Experience (WX) Team at Snap Inc!What you’ll do:Manage internal Snap portfolio management team, including in-house transaction managers as well as 3rd party brokerage services team and lease administration.Lead Snap’s global real estate strategy in coordination with our internal occupancy planning team.Lead new site selection and global real estate strategy.Develop a thoughtful real estate leasing strategy that balances the short term and long term needs of the business, incorporates HR and occupancy planning data, and aligns with broader company goals.Comprehensive workplace, lease, and space planning strategy based on short and long-term business needs to provide operational excellence and a productive workplace for our employees.Manage critical dates reports, working closely with accounting, finance and legal to accurately forecast activity and document all real estate transactions.Meet regularly with business partners to understand real estate needs by team and by location.Develop and communicate clear business cases for the analysis, review, and financial approval of real estate projects.Collaborate with the finance team to report on financial performance, validate and control vendor costs. Confirm all CAM charges are correct for both leased and subleased properties.Draft and create a large variety of analyses and relevant documents, including but not limited to: project initiation, market comparable reports, Requests for Proposals (RFPs), proposal comparison packages, letters of intent, financial analysis, and approval memos.Responsible for managing relationships with our landlords and resolving any disputes.Work closely with internal partners, ITDE, Security & EHS on upfront site selection due diligence.Draft and present Monthly Business Reviews (MBRs) outlining progress to date and go forward strategy for global real estate at Snap.Knowledge, Skills, and Abilities:Strong background in customer service and promoting a positive employee experience.Extreme attention to detail and with the ability to anticipate, prioritize, and adapt to changing workload situations.Able to prepare reports and presentations for both transactions and projects for senior leaders.Previous experience leading procurement efforts, site acquisition, due diligence, and negotiations while handling multi-million dollar budgets.Excellent verbal and written communication skills, with high attention to detail.Global experience with complex real estate transactions and subleases.Comfortable with analyzing and making business recommendations on real estate trends and portfolio conditions.Ability to think strategically and execute upon a strategic vision by utilizing demographic, economic and RE market data to make required recommendations.Has previous experience with organizing and resolving legal and financial matters related to real estate activities and modifying contracts in partnership with cross-functional partners.Experience collaborating cross-functionally at all levels of a company.Participated in complete portfolio optimization.Understanding of lease administration / real estate portfolio management.Minimum qualifications:Bachelor’s degree in accounting, finance, facility/property management, Real Estate or related field, or equivalent years of experience. 7+ years running distributed real estate portfolios, including corporate campus or relevant field.10+ years experience leading and/or growing a team.Preferred qualifications:Commercial Real Estate License, Real Estate Appraiser License, LEED Accreditation, or relevant Masters Degree.If you have a disability or special need that requires accommodation, please provide us some
information .Default Together Policy at Snap:
At Snap Inc. we believe that being together in person helps us build our culture faster, reinforce our values, and serve our community, customers and partners better through dynamic collaboration. To reflect this, we practice a “default together” approach and expect our team members to work in an office 4+ days per week.At Snap, we believe that having a team of diverse backgrounds and voices working together will enable us to create innovative products that improve the way people live and communicate. Snap is proud to be an equal opportunity employer, and committed to providing employment opportunities regardless of race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, pregnancy, childbirth and breastfeeding, age, sexual orientation, military or veteran status, or any other protected classification, in accordance with applicable federal, state, and local laws. EOE, including disability/vets.Our Benefits:
Snap Inc. is its own community, so we’ve got your back! We do our best to make sure you and your loved ones have everything you need to be happy and healthy, on your own terms. Our benefits are built around your needs and include paid parental leave, comprehensive medical coverage, emotional and mental health support programs, and compensation packages that let you share in Snap’s long-term success!Compensation:
In the United States, work locations are assigned a pay zone which determines the salary range for the position. The successful candidate’s starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. The starting pay may be negotiable within the salary range for the position. These pay zones may be modified in the future.Zone A (CA, WA, NYC):
The base salary range for this position is $168,000-$252,000 annually.Zone B:
The base salary range for this position is $160,000-$239,000 annually.Zone C:
The base salary range for this position is $143,000-$214,000 annually.This position is eligible for equity in the form of RSUs.
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