Regional VP of Real Estate

POSITION SUMMARY

Senior-level position directly responsible for overseeing the administration of Sheltair’s FBO real estate assets, management of airport/governmental leaseholds and relationships, business development, Company’s property portfolio, financial management, leasing administration, building maintenance and asset preservation management programs. Provides leadership and management to the assigned Properties to maximize occupancy and financial performance, while maintaining safety and quality of the facilities.

• Maintain and enhance the value of commercial real estate assets in order to maximize Company’s financial return.
• Directly responsible for the financial performance of each property to include the planning for all real estate related expense and revenue forecasting, preparing budgets, defining and setting financial performance goals, managing budgets and achieving EBITDA goals. Extensive and continuous financial and economic reviews of all internal, external, and competitive markets to ensure maximum Company financial performance and a high level of efficiency from every company location for both real estate and FBO operations.
• Work cohesively with other senior level managers of the Company to achieve management excellence to advance corporate goals, to include business development efforts, comprehensive market research, and detailed financial analysis for all new projects.
• Responsible for managing specific special, existing and future projects, which will include coordination with internal stakeholders, timely financial, market, risk assessments, due diligence and recommendations. Secure and foster growth in the real estate and FBO portfolios by shaping and responding to public solicitations, working with airport sponsors and communities to match corporate goals to community wants, and by negotiating and securing opportunities for long-term growth.
• Requires aggressive research, negotiations and execution of business development strategies.
• Promotes Sheltair’s real estate development capabilities locally, nationally, and internationally with the key goal of initiating and developing financially sound projects that provide for the Company’s revenue growth, which may include but not be limited to FBOs and real estate M&A and new development programs.
• Oversee, develop and continuously monitor operating income/expense budgets and capital budgets, appropriately bid work, forecast and manage replacement of major capital expense items, lease forecasting, and monthly reporting.
• Research potential new real estate development opportunities to include acquisitions; create new aviation building expansion programs; perform due diligence and follow-up on approved acquisition and/or development opportunities
• Develop, implement and continuously maintain a capital expenditure funding plan, tracking and prioritization plan, working with Property Managers, FBO General Managers and corporate staff.
• Analyze and distribute periodic financial performance reports including operating variances from budget, cash management and strategies for collection of receivables.
• Maintain industry leadership in civic, political and not for profit association relationships that provide benefit to the company.
• Establish short and long-range goals for business development projects by identifying and prioritizing development opportunities to maximize revenues and increase customer satisfaction.
• Develop and manage tenant relations programs.
• Identify opportunities for professional development and networking in industry and regional associations, including NBAA, AAAE, and local aviation and economic development organizations in key markets, with the goal of advancing the Company’s visibility and role as an industry leader.
• Maintain flexibility to adapt priorities based on changing business needs.
• Participate, design and execute the assigned strategic plan goals for the Company.
• Represent the Company as the business development leader by advocating, communicating, and supporting the strategic direction, priorities, goals, vision, mission and values of the Company.
• Interact with developers, real estate…