Senior Director, Portfolio Management

Job description

Crusoe is on a mission to accelerate the abundance of energy and intelligence. As the only vertically integrated AI infrastructure company built from the ground up, we own and operate each layer of the stack — from electrons to tokens — to power the world's most ambitious AI workloads. When you join Crusoe, you join a team that is building the future, faster. We're in the midst of the greatest industrial revolution of our time. The demand for AI compute is boundless, and power is a bottleneck. We're solving that — with an energy-first approach that makes AI infrastructure better for the world and faster for the people innovating with AI. We're looking for problem-solving, opportunity-finding teammates with a sense of urgency, who believe in the scale of our ambition and thrive on a path not fully paved — people who want to grow their careers alongside a team of experts across energy, manufacturing, data center construction, and cloud services. If you want to do the most meaningful work of your career, help our customers and partners advance their AI strategies, and be part of a high-performing team that believes in each other, come build with us at Crusoe. ABOUT THIS ROLE Crusoe is scaling one of the fastest-growing global workplace and data center portfolios in the industry, with active real estate initiatives spanning San Francisco, Denver, London, Tel Aviv, Bellevue, and beyond, alongside a rapidly expanding global data center footprint. We're looking for a Senior Director, Real Estate & Portfolio Strategy to lead the strategy, execution, and financial management of our global co-location, manufacturing office and data center lease portfolio. Reporting directly to the VP, DIG Operations, this role will be a critical partner in aligning our real estate strategy with business growth, headcount planning, employee experience, and long-term financial objectives across both corporate office, co-location, manufacturing and data center real estate. You'll work closely with our exclusive global brokerage partner, Legal, Finance, People, Data Center Operations, and business leaders to deliver thoughtful, data-driven real estate solutions that support Crusoe's continued expansion. This is an exciting opportunity for a senior real estate leader who thrives on managing multiple concurrent transactions across office, manufacturing and data center/colocation portfolios, enjoys the financial and analytical side of commercial real estate, and wants to build scalable portfolio strategies, lease governance, and audit processes for a rapidly growing global company. WHAT YOU'LL BE WORKING ON • Portfolio Strategy and Asset Management: by partnering with Finance, People, Workplace, and Data Center Operations leadership to translate hiring forecasts, capacity plans, and space/power utilization into real estate recommendations. Evaluate expansion, consolidation, renewal, and exit opportunities across global office and data center markets. • Lease Portfolio Management: own the master lease abstract database across all locations, tracking key dates, terms, options, renewal windows, and obligations to ensure nothing falls through the cracks. • Lease Review & Abstracting: lead comprehensive lease review and abstracting for new and existing leases, including manufacturing office, data center, and cloud colocation agreements — abstracting key business, financial, and legal terms into standardized formats for portfolio-wide tracking and reporting. • Transaction Execution: manage end-to-end real estate transactions — including new office and manufacturing leases, renewals, subleases, expansions, contractions, and terminations — in close partnership with our brokers and legal counsel. • Cloud Colocation & Data Center Lease Management: lead ongoing lease management for cloud colocation and data center leases, including power/capacity commitments, service level agreements, interconnection terms, expansion rights, and hyperscaler lease administration. • Critical Date Management: own the tracking and management of all critical lease dates across the portfolio — including notice periods, renewal and termination options, rent escalations, expansion/contraction windows, and compliance deadlines — ensuring proactive action ahead of key milestones. • Financial Analysis & Reporting: build and maintain cash flow models, occupancy cost analyses, rent schedules, lease comparisons, escalations, and CAM reconciliations to support executive decision-making across office, manufacturing and data center portfolios. • Executive Reporting: prepare business cases, portfolio updates, and executive presentations that translate complex lease and financial data into clear, actionable recommendations for executive leadership. • Stakeholder Coordination: serve as the primary point of contact between Workplace, Finance, Legal, Procurement, Data Center Operations, and site leadership on all lease-related matters, including purchase order and approval workflows in Coupa. • Broker & Transaction Management: serve as the relationship manager for Crusoe's global brokerage partner, leading lease negotiations, coordinating transaction strategy, and driving favorable business and financial outcomes across the portfolio. • Compliance, Risk & Audit Management: track insurance requirements, certificates of occupancy, permits, and critical lease obligations across office and data center locations; manage lease and portfolio audits, proactively identifying and mitigating portfolio risks. • Site Selection: partner with brokers and internal stakeholders on new market evaluations, including market analysis, site tours, financial comparisons, and lease execution for both office and manufacturing sites. • Portfolio Systems & Process Improvement: lead the evaluation and implementation of a global lease administration platform while continuously improving portfolio reporting, documentation, and governance — including audit readiness — to support Crusoe's continued growth. WHAT YOU'LL BRING TO THE TEAM • Bachelor's degree in Real Estate, Business, Finance, or a related field. • 15+ years of experience in corporate real estate, portfolio strategy, lease administration, or commercial real estate transaction management, including experience with data center or cloud colocation leasing. • Demonstrated experience managing multiple concurrent lease transactions across multiple geographies and asset types, including office and data center/colocation. • Strong financial acumen, including developing business cases, cash flow projections, occupancy cost analyses, lease economics, and executive recommendations. • Hands-on experience with lease review, abstracting, and management, including tracking of critical dates, options, and obligations across a large, complex portfolio. • Experience negotiating commercial lease terms in partnership with brokers and legal counsel, including colocation and data center-specific terms (power, SLAs, interconnection, expansion rights). • Experience leading or supporting lease and portfolio audits, with a strong understanding of compliance and risk management practices. • Excellent stakeholder management skills, with experience influencing cross-functional partners and executive leadership without direct authority. • Experience implementing or administering lease management software is highly desirable. • Proficiency in Excel or Google Sheets with strong financial modeling and analytical skills. • Excellent written and verbal communication skills, with the ability to synthesize complex real estate and financial information for executive audiences. • Comfortable operating in a fast-paced, high-growth environment with evolving business priorities. BONUS POINTS • Experience in a high-growth technology, AI, data center, or manufacturing environment. • Experience working directly with a global brokerage firm (e.g., JLL, CBRE, Cushman & Wakefield). • Experience supporting international real estate transactions and global portfolios. • Direct experience with hyperscaler or wholesale data center lease structures and negotiations. Benefits: - Competitive compensation and equity packages - Restricted Stock Units - Paid time off, paid holidays & leave of absence programs - Comprehensive health, dental & vision insurance - Employer contributions to HSA account - Paid parental leave - Paid life insurance, short-term and long-term disability - Professional development & tuition reimbursement - Mental health & wellness support - Commuter benefits (parking & transit) - Cell phone stipend - 401(k) Retirement plan with company match up to 4% of salary - Volunteer time off - Global travel insurance & emergency assistance - Daily meals allowance - Additional perks & programs specific to location Compensation Range Compensation will be paid in the range of up to $235,000 -$285,000 + Bonus. Restricted Stock Units are included in all offers. Compensation to be determined by the applicants knowledge, education, and abilities, as well as internal equity and alignment with market data. Crusoe is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, disability, genetic information, pregnancy, citizenship, marital status, sex/gender, sexual preference/ orientation, gender identity, age, veteran status, national origin, or any other status protected by law or regulation.