Director of Real Estate

Date PostedFebruary 01, 2018
IndustryTV Jobs
Job StatusFull-time
SalaryNot Specified
Description:

Make your mark in Broadcasting and Digital Media. Sinclair Broadcast Group and Sinclair Digital Solutions are dedicated to making Sinclair a communications powerhouse! We are the largest and most diversified television broadcasting company in the country. Sinclair owns and operates, programs or provides services to more television stations than anyone and has affiliations with all major networks. Sinclair Digital group is focused on bringing the most engaging content to web, mobile and over-the-top broadcasting to audiences all over the country! Our success is the result of extraordinary employees and an exemplary management team who believe in a vision and are dedicated ensuring a great future for our employees. Whether you are an industry veteran or a just starting out, you can find it at Sinclair! We are advancing the world of Broadcasting and we want YOU to join our winning team!

Sinclair Broadcast Group is seeking a Director of Real Estate to work as a subject matter expert and partner within the different business units (Station studio & sales/news bureaus, television tower leases, corporate admin & sales offices, affiliate locations) to develop cost effective real estate solutions that align with the needs of businesses.

Responsibilities:

  • Responsible for coordinating, reviewing and recommending real estate transactions(leases/purchases/sales) as assigned.
  • Work with local site management team to determine market needs, coordinate market surveys & site visits.
  • Research with local municipalities to see if there are any entitlements available.
  • Request proposals from broker for sites that meet station needs. Develop a financial analysis for presentation to Sinclair VP/Facilities & local station management.
  • Work with Corp Director of Facilities and local engineering staff to develop a construction budget to place in financial model.
  • Negotiate with selected property ownership.
  • Work with Legal and broker on LOI and lease documents for signature.
  • Assign signed lease to Lease Administrator for entry into SBG system.
  • Work with Lease Administrator on key dates for upcoming leases looking forward at least 4 years.
  • Resolve any lease conflicts with landlords, including CAM audit and annual increases
  • As tax assessments come into Lease Administrator, determine local values and share with tax department.
  • Work with VP/Facilities & VP/Engineering to develop a company-wide strategy for owned & leased towers.
  • Lead negotiations with owned towers and submit recommendations.
  • Negotiate leases agreements for towers we lease and submit recommendations.
  • Work with Lease administrator & Corp Paralegal on a comprehensive database of tower inventory, including the open space on each.

Qualifications:

  • Excellent negotiation skills
  • Strong communication skills
  • Strong change management skills
  • Ability to travel – approx. 25%-30%
  • Bachelor’s Degree required.
  • Minimum of 5 years of commercial Real Estate experience required.

Sinclair Broadcast Group, Inc. is proud to be an Equal Opportunity Employer and Drug Free Workplace!

*LI-SP1

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