Real Estate Manager
Company: Lamar Advertising Company
Location: Oklahoma City
Posted on: March 18, 2023
Job Description:
Do you have what it takes to manage a portfolio of billboard
real estate? If you're a master negotiator, we have a great
opportunity for you! Our Real Estate Manager is responsible for
growing and maintaining Lamar's real estate portfolio, negotiating
with landowners, and maintaining compliance with city/state
ordinances. Our Lamar office in Oklahoma City, Oklahoma is now
hiring a new management team member to help us enhance the outdoor
advertising in Oklahoma City, OK and the surrounding areas.Position
Purpose:The primary purpose of this position is to oversee all real
estate related functions and activities necessary to profitably
secure, maintain and grow the company's real estate portfolio of
leased and owned properties in a manner consistent with Lamar's
business practices.Who we are:Founded in 1902, Lamar Advertising
Company is one of the largest outdoor advertising companies in the
world. With over 351,000 displays across the United States and
Canada, Lamar is dedicated to helping both local businesses and
national brands reach broad audiences every day.We provide ad space
through:
- Billboards
- Interstate logos
- Handpainted murals
- Transportation and airports
- The largest network of digital billboards in the United
States
We live by the Golden Rule, and we operate with honesty and
integrity in every aspect of our business. We are open with our
employees, transparent with our customers, and loyal to the
communities in which we serve. While Lamar is a large company, each
office has its own culture and family atmosphere, making employees
feel connected both locally and nationally.We are committed to
sustainable and environmentally friendly business practices and use
a number of innovative strategies to reduce our environmental
impact. We are actively working to reduce our annual greenhouse gas
emissions and are projecting a 70% decrease by 2026 as a result of
our efforts.Want to hear more about Lamar? Check out these videos:
- About Us
- Our Relationships
- Giving Back ProgramWhat you can expect from us:
- A flexible work environment that celebrates differences and
fosters the feeling of family
- A Monday - Friday, 8 AM - 5 PM work schedule with paid
holiday
- First-year earning potential of $62,000 - $72,000 / year
dependent on relevant experience and qualifications
- A comprehensive one-year training program
- Career advancement opportunities
- Ongoing professional development and internal leadership
programs to maximize your career potential
- Multiple medical plan options
- Dental and vision insurance
- 120 hours of paid time off (PTO) that increases with
tenure
- 401K plan with company contributions for participation
- Wellness program incentives such as medical plan premium
holidays and HSA contributionsA day in the life:Portfolio
Management/Market Review
- Responsible for monitoring, tracking, and analyzing critical
operational data and dates associated with numerous land lease
agreements, owned properties, and other real estate assets.
- Responsible for creating and maintaining an up-to-date market
abstract by identifying areas for growth or relocation of existing
assets through documentation and analysis of current zoning laws
that meet the criteria for permitting as required by the
appropriate jurisdiction.
- Responsible for monitoring competitor activity and permitting
practices.
- Collaborate with local managers to conduct strategic data
analysis using monthly, quarterly and annual data reports and
portfolio summaries to evaluate and ensure optimization and
profitability of the real estate portfolio. This includes
preparation and tracking of annual real estate budget, along with
continuously identifying and developing strategies to address
under-performing assets.Active Negotiation/Purchase Process
- Responsible for strategic planning, development, and execution
of lease and/or purchase strategies through operational, financial,
and organizational analyses.
- Develop and maintain productive professional relationships with
landowners to facilitate desired agreements and serve in a lead
capacity as point of contact for negotiation and conflict
resolution.
- Responsible for preparing, presenting, and negotiating
agreements with landowners, their agents, or representatives for
the purpose of securing new or existing real estate assets.
- Responsible for coordinating and overseeing the due diligence
and purchase process for approved easement and landGeneral
Administration
- Responsible for entering, maintaining, and routinely auditing
data, reports, and electronic files to ensure accurate Accounting,
record-keeping, and file management within various internal
software applications.
- Establish, develop, and maintain productive and professional
relationships with existing and potential landowners, and serve as
the main point of contact for all real estate related matters.
- Responsible for ensuring receipt, verification, and the timely
processing of real estate tax invoices for company owned real and
personal property.
- Responsible for monitoring, tracking, calculating and issuing
monthly and/or annual percentage/overage payments and applicable
Consumer Price Index (CPI) adjustments.Government
Relations/Regulations
- Establish, develop and maintain a professional relationship
with all key governmental officials and personnel vital to
planning, zoning, permitting and inspections.
- Responsible for maintaining an accurate record of state and
local zoning ordinances and monitoring any proposed zoning
applications or changes.
- Responsible for preparing, submitting, securing, renewing and
maintaining all applicable governmental approvals including, but
not limited to, variances, construction, vegetation, and
conditional use permits associated with new or existing sign
sites.Property/Structure Maintenance
- Serve as the primary contact and liaison between internal
company departments and landowners to ensure continued access to
the company's signs and resolving any appearance or vegetation
issues.What we're looking for in YOU:
- Ability to know and understand city and state codes/regulations
(as applicable), related maps for all jurisdictions within the
designated market area, and an understanding of the permitting and
variance process for each jurisdiction.
- Must be able to work in a fast-paced environment, possessing
the ability to juggle multiple competing tasks and demands while
establishing priorities to meet deadlines.
- Must have strong computer skills in Microsoft Office (Word,
Excel, PowerPoint, Adobe, etc.), web applications, and the ability
to quickly and easily learn job related computer programs.
- Work requires an excellent command of the English language to
correspond and communicate on a one-to-one basis using appropriate
vocabulary and grammar to obtain information, explain policies and
procedures, and negotiate with lessors.
- Skill in speaking with persons of various social, cultural,
economic, and educational backgrounds.
- Must possess attention to detail in composing, typing and
proofing materials
- Must have knowledge of basic Accounting skills and practices to
ensure accurate payment distributions.
- Ability to operate within a set yearly budget.
- Ability to establish and maintain cooperative working
relationships, both internally and externally.
- Ability to handle confidential information and
situations.Education and Experience Requirements:
- High school diploma or equivalent is required.
- Bachelor's degree is required, preferably in business, real
estate, or another related field.
- 5 years of experience in business, real estate, or another
related field is required with a degree.
- 3-5 years of experience in land acquisition, zoning, and land
use planning is preferred.
- Current and valid driver's license is required.
- Real estate license is preferred.
- Notary license is preferred.
- or other equivalent combination of education and
experiencePhysical Demands and Work Environment:
- The primary work environment for this position is an office
however driving in the field is also required.
- The physical demands for this position include light lifting,
seeing (with a focus on reading, acuity, depth perception, and
peripheral vision), sitting more than 50% of the time, standing,
stooping, talking, turning, and
- Nights spent traveling, away from home, are less than 10%.
Lamar is an EOE/AA: Minorities/Females/Disabled/Protected Veterans
or any other State or Federally protected characteristicDisability
Self-Identification: When applying for a job with Lamar, you will
be asked to voluntarily self-identify whether you have a
disability. Please take a moment to watch this video for
clarification on why we're asking for this information!California
Residents - Lamar collects personal information in the ordinary
course of considering job applicants. This information may include,
for example, name, address, phone number and other contact
information, employment history and reference contact information,
and any other information provided by an applicant to Lamar. By
submitting an application, you consent to the use or sharing of
this personal information solely for the purpose of consideration
for employment by Lamar. Lamar will not sell this
information.#Reg57ID
Equal Opportunity Employer/Protected Veterans/Individuals with
DisabilitiesThe contractor will not discharge or in any other
manner discriminate against employees or applicants because they
have inquired about, discussed, or disclosed their own pay or the
pay of another employee or applicant. However, employees who have
access to the compensation information of other employees or
applicants as a part of their essential job functions cannot
disclose the pay of other employees or applicants to individuals
who do not otherwise have access to compensation information,
unless the disclosure is (a) in response to a formal complaint or
charge, (b) in furtherance of an investigation, proceeding,
hearing, or action, including an investigation conducted by the
employer, or (c) consistent with the contractor's legal duty to
furnish information. 41 CFR 60-1.35(c)
Keywords: Lamar Advertising Company, Oklahoma City , Real Estate Manager, Executive , Oklahoma City, Oklahoma
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