21 days ago

Logo of Fanatics

Real Estate Transaction Manager

$107k - $144k

Fanatics

New York, NYUSOntarioRemote

Company Overview

Fanatics is building a leading global digital sports platform. We ignite the passions of global sports fans and maximize the presence and reach for our hundreds of sports partners globally by offering products and services across Fanatics Commerce, Fanatics Collectibles, and Fanatics Betting & Gaming, allowing sports fans to Buy, Collect, and Bet. Through the Fanatics platform, sports fans can buy licensed fan gear, jerseys, lifestyle and streetwear products, headwear, and hardgoods; collect physical and digital trading cards, sports memorabilia, and other digital assets; and bet as the company builds its Sportsbook and iGaming platform. Fanatics has an established database of over 100 million global sports fans; a global partner network with approximately 900 sports properties, including major national and international professional sports leagues, players associations, teams, colleges, college conferences and retail partners, 2,500 athletes and celebrities, and 200 exclusive athletes; and over 2,000 retail locations, including its Lids retail stores. Our more than 22,000 employees are committed to relentlessly enhancing the fan experience and delighting sports fans globally.

Achieving our goals requires strong collaboration and partnership between our teams and our internal stakeholders. To best support this, the person who accepts this role is expected to be on site, in office four days per week. To provide our employees with flexibility, we offer a unique benefit where employees at Fanatics corporate entity can work remotely for up to four weeks per year, which can be taken in daily or weekly increments. 

 

The Role

Reporting to the Director of Fanatics Real Estate Strategy & Transactions, the incumbent is responsible for supporting key components of the Fanatics Real Estate function including lease administration, transaction management, lease negotiation, deal flow/predictive reporting and providing input to executive level presentations. The incumbent will help to improve transparency, accountability, and fiduciary responsibility through delivering insightful analysis and management reporting. 

This Real Estate Transaction Manager invests in the future of Fanatics by acting as a subject matter expert and trusted business and financial advisor to business unit leadership. This role will be part of the Real Estate Long-term Planning Team, and they help to define questions and answers that impact financial performance and help to bridge the gap between the business’ strategy and how it translates to the firm’s physical portfolio. As a key member of our team, you will be responsible for evaluating real estate transactions, conducting in-depth market research, and providing data-driven insights to support decision-making processes.

 

What Youll Do:

  • Transaction Analysis: Evaluate and analyze real estate transactions. Assess financial performance, risk factors, while providing various scenarios and optionality for the business and their decision makers.
  • Market Research: Conduct comprehensive market research to gather data on market trends, property values, and competitive landscapes. Generate reports and insights to guide strategic decisions.
  • Financial Modeling: Develop and maintain financial models to project cash flows, valuations, and investment returns. Perform sensitivity analyses to assess the impact of various scenarios on transaction outcomes.
  • Due Diligence: Coordinate and manage the due diligence process for transactions, including reviewing property documents, conducting site visits, and liaising with legal and financial advisors.
  • Reporting: Prepare detailed reports and presentations for internal stakeholders, including senior management and investment committees. Present findings and recommendations clearly and effectively.
  • Collaboration: Work closely with internal teams, including acquisitions, asset management, and finance, to support transaction processes and ensure alignment with overall business strategies.
  • Compliance: Ensure that all transactions comply with relevant laws, regulations, and company policies. Maintain accurate and organized transaction records.
  • Lease Administration: Proactive management of lease administration processes and 3rd party vendor to ensure critical dates are established, documents meet compliance requirements.

 

What Were Looking for:

  • Education: Bachelor’s degree in Real Estate, Finance, Economics, Business Administration, or a related field. Advanced degrees or certifications (e.g., CFA, CCIM) are a plus.
  • Experience: Minimum of 3-5 years of experience in real estate finance, transaction analysis, or a related field. Experience with real estate investment analysis, financial modeling, and market research is highly desirable.
  • Skills: Strong analytical and quantitative skills with proficiency in financial modeling and data analysis. Excellent written and verbal communication skills, with the ability to present complex information clearly.
  • Technical Proficiency: Proficiency in Microsoft Excel, PowerPoint, and real estate financial analysis software. Familiarity with real estate databases and market research tools is a plus.
  • Attention to Detail: High level of accuracy and attention to detail in analyzing data and preparing reports.
  • Problem-Solving: Strong problem-solving abilities with a proactive and results-oriented approach.

In New York, the salary range for this position is $107,500 to $144,000, which represents base pay only and does not include short-term or long-term incentive compensation. In Los Angeles, the salary range for this position is $98,00 to $132,480 When determining base pay, as part of a final compensation package, we consider several factors such as location, experience, qualifications, and training.