SVP of Real Estate plans and oversees an organization's real estate operations and activities to facilitate the buying, selling, or leasing of properties. Administers and oversees real estate strategies for property acquisitions, leasing, portfolio management, and development to ensure alignment with objectives. Being an SVP of Real Estate monitors real estate trends and market conditions to assess and manage risk and identify high-value opportunities. Leads strategic site selection and new development projects. Additionally, SVP of Real Estate develops relationships with contractors, banks, investors, and various stakeholders. Provides regulatory oversight to ensure all real estate activities comply with industry standards and requirements. Collaborates with legal, finance, and operations teams to coordinate needs and ensure the smooth execution of real estate initiatives. Requires a bachelor's degree. Typically reports to top management. The SVP of Real Estate manages a business unit, division, or corporate function with major organizational impact. Establishes/implements overall direction and strategic initiatives for the given major function or line of business. To be an SVP of Real Estate typically requires 10+ years of progressive leadership experience. Has extensive knowledge of the overall departmental function.
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