Real Estate Analyst, St. Luke's Center (full time)

St. Luke's University Health Network - Allentown, PA3.8

Full-time | ContractEstimated: $52,000 - $72,000 a year
EducationSkills
St. Luke's is proud of the skills, experience and compassion of its employees. The employees of St. Luke's are our most valuable asset! Individually and together, our employees are dedicated to satisfying the mission of our organization which is an unwavering commitment to excellence as we care for the sick and injured; educate physicians, nurses and other health care providers; and improve access to care in the communities we serve, regardless of a patient's ability to pay for health care.
Responsible for real estate financial analysis, reporting, forecasting also supporting compliance, property development and management including owned facilities and leased facilities. Oversees all aspects of the Network real estate activities including land/building acquisitions, selling, leasing, improvements, maintenance, facility operations and costs, budgeting and site location.

ESSENTIAL FUNCTIONS:
Support and perform real estate transactions (such as lease transactions) as necessary.
Develops and provides recommendations for cost improvement of operating and annual budgets for the portfolio. Researches, negotiates and elects to purchase via short and long-term lease agreements and /or purchase agreements that meet the organization’s goals. Develops Network standardization agreements and contracts wherever possible.
Assists in review of monthly payment file.
Contract and negotiate all services and purchases with vendor including cost containment considerations through contract bids and negotiations.
Negotiate real estate matters with internal personnel and any required outside personnel such as legal firms, tenants, local and state agencies, and landlords.
Establish and maintain appropriate relationships with leaseholder’s owners, renters, vendors and related organizations.
Works with various clinical and non-clinical service lines to analyze costs, utilization and space inventories; develops and implements cost effective strategies for same.
Ensures adherence to federal, state and local regulatory codes, including but not limited to JCAHO, Department of Health, Life Safety; Labor and Industry, etc. Periodically evaluate compliance status.
Coordinate and direct activities of inspection agencies and to effect remedial actions indicated by the reports of those agencies.
Prepares monthly (or as assigned) departmental progress reports including progress and budget information.
Document and communicate real estate processes associated with the portfolio.
Accountable for the establishment and maintenance and ongoing accuracy of the lease administration system.
Ability to utilize Planon Software systems.
Recognize and resolve critical real estate events and maintain current real estate files.
Ensure all payments and receipts are in accordance with corporate procedures/policy; audit entire portfolio for discrepancies and work to their resolution.
Audit leases to determine that all financial commitment terms/conditions are adhered to.
Create and maintain a measurement system to track audit results. Identify and develop high visibility processes for delivery of recovered amounts to clients.
Maintain current real estate abstract data in automated database; support other real estate systems and ensure they are current.
Performs real estate economic analysis as necessary including but not limited to cash flow, NPV, APV, lease versus own.
Develop and maintain rent models for sublease and inter-entity leases.

PHYSICAL AND SENSORY REQUIREMENTS:
Requires walking for up to 8 hours per day, 4 hours at a time; standing for up to 8 hours per day, 4 hours at a time; sitting for up to 8 hours per day, 4 hours at a time. Frequent fingering, handling and twisting and turning. Must be able to lift, carry, push, pull and hold approximately 30 pounds. Occasional reaching above shoulder level, bending, crouching, climbing stairs and ladders up to 30 feet and climbing stairs. Hearing as it relates to normal conversation. Seeing as it relates to normal vision, perceiving objects, scenery and print.

MINIMUM QUALIFICATIONS:
EDUCATION:
Must possess a Bachelor’s degree in Business, Engineering, Sciences, Real Estate or Asset Management, Administration or related fields with emphasis on real estate management.

TRAINING AND EXPERIENCE:
Minimum of 5-10 years of professional experience in real estate management and finance, preferably in a hospital or other large, complex environment.

Must p ossess a good driving record and maintain a valid Pennsylvania or New Jersey Driver's License.

Please complete your application using your full legal name and current home address. Be sure to include employment history for the past seven (7) years, including your present employer. Additionally, you are encouraged to upload a current resume, including all work history, education, and/or certifications and licenses, if applicable. It is highly recommended that you create a profile at the conclusion of submitting your first application. Thank you for your interest in St. Luke's!!

St. Luke's University Health Network is an Equal Opportunity Employer.