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President of Commercial Real Estate

Salary
$200,000-$300,000+
Employment
Full Time
Work Place
Part Remote
Real Estate Field
Location
Seattle
 WA
Postal Code
98033
Country
United States

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Description


Our SelectLeader's client, Ena Holding LLC, which is part of Calista Corporation, an Alaska Native Corporation with more than 24,000 shareholders globally is seeking a President of Commercial Real Estate. Their portfolio is primarily comprised of office, retail and industrial properties. The properties are located in Alabama, Alaska, Arizona, California, Colorado, Texas, Oregon and Washington. 
 
The President is responsible for the business activities and strategic direction of Ena Holding, LLC and its subsidiaries (collectively, "Ena"), specifically, developing a business plan to execute growth strategies and direct oversight of Ena's commercial real estate (CRE) portfolio, sales, acquisitions and investments, financial and budget processes, general administration, risk management, and business operations. This position reports to the Calista Corporation ("Calista") President/CEO and is accountable for meeting Calista Board-approved goals and objectives such as corporate growth, business development, and financial benchmarks. Additionally, this position is responsible for successfully aligning Ena's corporate goals to Calista's strategic initiatives.

ESSENTIAL FUNCTIONS:

    • Develop and implement a portfolio strategic plan for commercial real estate that maximizes investment returns while effectively mitigating portfolio risk. Plan includes strategic planning of acquisitions with a focus on divestitures of portfolio assets.
    • Oversee and manage a diverse commercial real estate portfolio of more than 25 properties (office, retail, industrial, data centers) geographically dispersed within the United States.
    • Develop and implement an effective annual budget that grows revenue, reduces Ena's overall debt load, protects assets, achieves efficiencies, and manages G&A expense relative to size while simultaneously ensuring corporate goals are met.
    • Research and analyze markets to understand areas of growth vs regression, forecast economic impacts to current and prospective assets.
    • Develop and implement annual business plans; ensure plans are clearly communicated and managers are held accountable for goals.
    • Provide employee training, mentoring, accountability, and direction, including Calista Shareholder and Descendant hire.
    • Develop cash flow plan that effectively utilizes and manages portfolio debt while returning earnings distributions to Calista.
    • Develop and manage an organizational team to manage and develop the real estate portfolio.
    • Establish departmental policies, procedures, and performance standards; find and implement new efficiencies.
    • Develop and manage relationships with external property managers engaged in property oversight and management within the portfolio.
    • Liaise with the Calista Executive team to ensure alignment with organizational objectives, including Shareholder and Descendant training and hire.
    • Work closely with associates to facilitate a positive teamwork environment.
    • Work in collaboration with Calista's CFO to develop and maintain an effective tax strategy for the portfolio.
    • Present business overviews to Calista's President/CEO and Board of Directors.
    • Participate in various Calista functions on Ena's behalf.

SUPERVISORY RESPONSIBILITIES

    • This position oversees all staff within ENA Holding, LLC and may/may not directly supervise all staff.

KNOWLEDGE, SKILLS, & ABILITIES:

    • Proven experience successfully transacting on commercial real estate investments.
    • Experience managing a diverse portfolio of commercial real estate assets with a focus on office, retail, & industrial holdings.
    • Experience successfully executing profitable commercial real estate. divestitures Knowledge of and experience with commercial real estate appraisals and valuations, acquisitions, leases.
    • Experience initiating, managing and monitoring debt for portfolio.
    • Experience managing portfolio cash flows, including effective planning for debt maturities, portfolio purchases and property development needs.
    • Significant relationship management experience including primary responsibility. for managing relationships with investment partners, investment managers and other external stakeholders.
    • Experience leading successful negotiations with multiple stakeholders from multiple geographies and executing a wide range of agreements (confidentiality, purchase and sale, shareholder).
    • Strong knowledge of lease administration practices and procedures, as well as relevant legal and regulatory requirements.
    • Knowledge of Lease Management database software, such as MRI.
    • Proficiency in standard Microsoft packages, application programs, and e-mail.
    • Proficiency negotiating and executing contractual agreements including leases, purchase and sale agreements, third party property management agreements, brokerage agreements and other relevant agreements for real estate.
    • Ability to work in a Native Corporation multi-business environment a plus.

MINIMUM QUALIFICATIONS:

    • Bachelor's degree in business administration, finance, or related field.
    • 10+ years commercial real estate investment, leasing, asset & property management leadership with a focus on office and industrial assets.
    •  5+ years successfully managing and growing a diversified commercial real estate portfolio.
    • Demonstrated ability to lead, mentor and develop commercial real estate focused support staff
    • Commercial real estate certification such as CCIM, CCA or CMCP, or relevant work experience.
    • Ability to pass a drug, background, reference, and credit screening.
    • Ability to travel without restrictions. 
    • Ability to travel by commercial aircraft, single propeller plane and watercraft will be required for certain travel locations.
PREFERENCE STATEMENT
Preference will be given to Calista shareholders and their descendants and to spouses of Calista shareholders, and to shareholders of other corporations created pursuant to the Alaska Native Claims Settlement Act, in accordance with Title 43 U.S. Code 1626(g).
 
EEO STATEMENT
Additionally, it is our policy to select, place, train and promote the most qualified individuals based upon relevant factors such as work quality, attitude and experience, so as to provide equal employment opportunity for all employees in compliance with applicable local, state and federal laws and without regard to non-work related factors such as race, color, religion/creed, sex, national origin, age, disability, marital status, veteran status, pregnancy, sexual orientation, gender identity, citizenship, genetic information, or other protected status. When applicable, our policy of non-discrimination applies to all terms and conditions of employment, including but not limited to, recruiting, hiring, training, transfer, promotion, placement, layoff, compensation, termination, reduction in force and benefits.
 
REASONABLE ACCOMMODATION
It is Calista and Subsidiaries' business philosophy and practice to provide reasonable accommodations, according to applicable state and federal laws, to all qualified individuals with physical or mental disabilities.
The statements contained in this job description are intended to describe the general content and requirements for performance of this job. It is not intended to be an exhaustive list of all job duties, responsibilities, and requirements.
 
This job description is not an employment agreement or contract. Management has the exclusive right to alter the scope of work within the framework of this job description at any time without prior notice.
 

Job Sector


 

Experience


7+ to 10 years


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