Real Estate Transaction Manager
Job in
Richmond, Henrico County, Virginia, 23214, USA
Listed on 2026-06-18
Listing for:
Virginia Commonwealth University Health
Full Time
position Listed on 2026-06-18
Job specializations:
-
Management
Property Management & Leasing, Portfolio & Asset Management -
Real Estate/Property
Property Management & Leasing, Portfolio & Asset Management
Job Description & How to Apply Below
** Essential Job*
* ** Statements
* ** Lease Portfolio Management:
Oversees a comprehensive real estate portfolio including acute care, ambulatory, and administrative spaces to ensure alignment with organizational goals.
* Regulatory Compliance:
Maintains strict adherence to lease terms and healthcare-specific regulations, including Stark Law and Anti-Kickback Statutes, to mitigate legal and financial risk.
* Acquisition & Dispositions:
Participates in the end-to-end process for new lease acquisitions, land purchases, and property dispositions. This includes identifying opportunities, conducting market research, and executing the sale of non-core assets.
* Comprehensive Due Diligence:
Directs investigative efforts for potential transactions, including Fair Market Value (FMV) assessments, environmental reviews, surveys, zoning analysis, and title encumbrances to ensure informed decision-making.
* Contract Negotiation:
Serves as the negotiator for leases, purchase and sale agreements (PSAs), and renewals, ensuring favorable terms that prioritize the health system's strategic and operational needs.
* Financial Oversight:
Collaborates with Finance teams to manage CAM (Common Area Maintenance) reconciliations, real estate tax payments, and long-term budget forecasting for both leased and owned assets.
* Stakeholder & Vendor Liaison:
Acts as the primary point of contact for landlords, developers, and internal stakeholders to resolve operational issues, including maintenance, casualty losses, and facility alterations.
* Third-Party Oversight:
Manages performance and enforces compliance for contracted building managers and third-party managed assets through routine inspections and site visits.
* Audit &
Risk Management:
Coordinates internal and external real estate audits to identify vulnerabilities and implements corrective actions to safeguard health system assets.
* Casualty Loss & Recovery Management:
Directs the response to property damage events (fire, flood, etc.) by coordinating with landlords, risk management, and insurance adjusters to ensure timely restoration of healthcare operations.
* Landlord Default Management:
Identifies and manages instances of landlord non-performance or breach of contract. This includes issuing formal notices of default, overseeing the "self-help" remedy process if applicable, and collaborating with legal counsel to enforce lease obligations and recover associated costs.
** Patient Population:
** N/A
** Employment Qualifications
** Required
Education:
Bachelor’s degree; 5 years total commensurate experience considered in lieu of degree.
Preferred Education:
Bachelor’s degree in Business Administration, Real Estate, or related field required; 10 years total commensurate experience considered in lieu of degree.
** Licensing/ Certification
** Licensure/Certification
Required:
N/ALicensure/Certification Preferred: CCIM, CPM
** Minimum Qualifications
** Years and Type of
Required Experience:
Five years of progressively more responsibility in real estate portfolio management in the healthcare industry necessary.
Other Knowledge, Skills and Abilities Required:
* Comprehensive understanding of Stark Law, the Anti-Kickback Statute (AKS), and Fair Market Value (FMV) standards as they apply to medical office buildings and clinical space.
* In-depth familiarity with zoning ordinances, municipal approval processes, permitting, and environmental regulations (e.g., Phase I/II ESAs) necessary for land development.
* Deep expertise in the end-to-end acquisition and disposition process, including title examination, surveys, easements, and Purchase and Sale Agreements (PSAs).
* Proven ability to lead multidisciplinary due diligence teams—including legal counsel, engineers, and architects—to meet strict closing deadlines.
*…
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