Asset Management Leasing Specialist

Job description

Vertical Bridge REIT, LLC, is the largest private owner and operator of wireless communications infrastructure in the United States and has a nationwide portfolio of over 18,000 towers. The company provides build-to-suit and colocation solutions to the telecommunications industry. In 2020, Vertical Bridge became the first tower company in the world to achieve the CarbonNeutral® company certified status and has been recertified every year since. **Summary:**The Asset Management Leasing Specialist will be responsible for business development activities in the marketing, reviewing, analyzing, and negotiating of Vertical Bridge (VB) ground leases through its various amendment programs. Concentrating on near term ground leases. **Job Functions:** - Lead negotiations for lease extensions, FTED renewals, amendments (including compound expansions), and sublease consents - Coordinate pricing for ground expansions with subtenants and proactively optimize ground leases to improve portfolio performance - Cultivate and maintain strong relationships with landowners and their representatives. Secure timely approvals and signatures for lease documents, permit applications, and landlord authorizations to support development and permitting activities - Review and abstract ground lease provisions to identify risks and opportunities. Drive ground lease optimization initiatives and revenue share reductions to enhance asset value and operational efficiency - Serve as liaison between Legal, Due Diligence, and Asset Management teams. Coordinate regular meetings with Development to evaluate ground leases flagged for potential relocation and provide transaction support across departments - Prepare and present deal decks for Investment Committee approval, incorporating strategic insights and financial impacts of proposed lease actions - Maintain and update databases tracking landlord activity, landlord contact, completed amendments, and lease optimization efforts - Mine and analyze data from company databases to drive optimization and improve business strategies - Ensure accurate and efficient execution of lease-related documents, including consents, add lands, amendments, and permit-related paperwork - Assist the Vice President of Asset Management and Director Asset Management with special projects and strategic initiatives, contributing to broader departmental goals - Support post-closing integration by aligning newly acquired assets with company standards. Monitor lease compliance and ensure all obligations, amendments, and consents are properly documented and executed *These job functions are representative of tasks accomplished by incumbents. The list is not exhaustive; incumbents perform other job-related tasks.* **Supervisory Responsibilities:**None **Working Conditions and Physical Demands:** This role is onsite in our brand new Downtown Delray Beach office. We foster a *fast, flexible, and friendly* culture where team members recognize the importance of in-person collaboration while providing the ability to have a flexible schedule and work remotely when needed. **Education and Experience:** - Minimum four-year degree required, preferably in business or other related field - Minimum three years of experience; preferably in real estate or commercial/telecommunications leasing - Minimum two years of experience producing and working with legal documents preferred - Strong negotiating skills with experience in property management - Advanced Excel competency and proficiency with other MS Office suite products - Basic understanding of financial reporting and lease rental and charges activity reporting - Strong organizational skills; with attention to detail - Strong written and oral communication skills, including the ability to present ideas and suggestions clearly and effectively - Ability to prioritize, effectively manage time, and multi-task with limited supervision and under firm deadlines - Ability to work in fast-paced, high-growth changing environment *Vertical Bridge is committed to a policy of equal employment and will not discriminate against an applicant or employee. Vertical Bridge is an Equal Employment Opportunity Employer M/F/D/V*