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Real Estate Manager (NY)

About the Role: 

Brightline brings virtual and in-person behavioral and mental health care to families, when and where they need it. We are seeking an exceptional Real Estate Manager to build out our real estate function, which is a key role in bringing to life our vision of opening new clinic locations nationwide. 

This role is vital in defining and developing the real estate team, which requires comfort level and passion around going from “0 to 1”, building playbooks and best practices from scratch, and operating with a growth mindset and can iteratively evolve our capabilities and processes, all while leading the entire real estate lifecycle from site prospecting, to lease negotiations, to transforming a location to member-ready, and doing so in an on-time, on-budget manner. 

Why You Are Excited About Us: 

You will have the exciting opportunity to set the vision for a new function in the organization and directly impact access to quality mental healthcare that Brightline offers. 

  • Strategic Real Estate Planning:

    • Partner with our strategy and finance team to prospect, tour, and critique new locations for the next three years, and present and recommend options to executive leadership team 

    • Work directly with local brokers, landlords, and property management to negotiate and execute LOIs and leases with optimal terms and in a timely manner

    • Serve as a key point of contact for maintenance and location management needs once locations are operational

  • Relationship-Building: 

    • Able to work cross functionally and build and nourish relationships as a trusted and respected thought partner across external and internal stakeholders (including but not limited to executive leadership team, finance, strategy, legal and compliance, local commercial brokers, landlords and property management) 

  • Operational Excellence/Project Management: 

    • Once lease is executed, collaborate cross-functionally to deliver member-ready location on-time, on-budget with direct oversight over any buildout, tenant improvement, or permitting needs and FF&E requirements

    • Experience in leading organizational improvements and recommending tools, processes, and technologies to enhance real estate functions

  • Market Analytics and Demand Assessment:

    • In-depth understanding of market trends, demand drivers, and demographic analytics to guide site selection and portfolio adjustments

    • Capability to underwrite new locations and assess market potential to ensure strategic alignment with organizational goals

Why We Are Excited About You:

  • Bachelor’s degree in Real Estate, Finance, Business Administration, Urban Planning or related field

  • 5+ years of experience in leading an enterprise/corporate real estate function

  • 8+ years working in a real estate capacity; experience in “both sides” - brokerage and corporate - preferred

  • Previous people management experience - preferred 

  • Experience in a high-growth, multi-state healthcare environment strongly preferred

  • Knowledge of local, state, and federal regulations pertaining to healthcare facility placement

  • Strong analytical skills with proficiency in financial modeling and data analysis tools

  • Ability to lead cross-functionally to execute tight timelines and deliverables

  • Tough negotiator with lease terms 

  • Strong presentation skills with the ability to craft a compelling story and value proposition

  • Passion for our mission to redefine behavioral health for children and their families

  • Outstanding written and verbal communication to influence and inspire teammates

  • Bonus: Familiarity with GIS mapping tools, demographic data sources, and real estate management software

  • We are currently hiring within greater New York City or within commutable distance

Total Rewards 

Insurance:

  • Medical + Dental + Vision + Disability + Life Insurance 

Time off:

  • 14 Paid Holidays +  Flexible PTO +  Sick Days + Parental Leave 

Stipends/Reimbursements:

  • Learning and Development Reimbursement

  • Health and Wellness Stipend

  • Home Office Reimbursement

Financial Wellness:

  • 401k

Hybrid Role:

  • Position will require both in-person and remote work in NY, and ability to travel within greater NY

  • Occasional travel outside NY as needed 

Community:

  • Community-focused culture

  • NY Brightspot 

  • Company-wide meditations

  • Group workouts hosted by Brightline employees!

  • Company Offsites

Compensation Philosophy:

  • At Brightline, we have built a total rewards philosophy that includes fair, equitable, competitive, and geo-based compensation that is performance and potential-based. Our strategy is based on robust market research, including external advisory specializing in national compensation, and thoughtful input from every level of our organization. It is a combination of a cash salary, equity, benefits, well-being, and opportunity. In compliance with the Equal Pay for Equal Work Act, the annual base salary range for applicants is $123,000 - $150,000.

Our Commitment to Building a Diverse, Equitable, and Inclusive Workforce

At Brightline, we believe that Diversity, Equity, Inclusion, and Belonging are essential to the foundation that we build our mission upon.  We are compelled to build a future where all families can access inclusive, high-quality care. We are committed to creating an environment that encourages our employees to show up authentically, reach their highest potential, and have an equal opportunity to thrive. We are committed to systematically evaluating and improving our inherent beliefs, observed behaviors, structures, and systems. We are committed to ensuring that every employee, candidate, client, and family we serve is valued and respected. 

About Brightline

Brightline is on a mission to build a bright future for every child. We’re convening a team of leading clinicians, technologists, business leaders, and creative thinkers to completely transform what behavioral health care looks like. Together, we’re building exceptional technology and real-world care to bring families a warm, supportive, and goal-oriented experience of care that will help them thrive. 

Founded in 2019, Brightline is the leading comprehensive behavioral health platform for families, backed by $215M in funding from leading investors, including Oak HC/FT and Threshold Ventures. As we grow quickly across the country, we’re looking for exceptional team members who, like us, are eager to transform behavioral health in this country and change lives.

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CEO of Brightline
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Naomi Allen
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Average salary estimate

$136500 / YEARLY (est.)
min
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$123000K
$150000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Real Estate Manager (NY), Brightline

Join Brightline as a Real Estate Manager and play a crucial role in revolutionizing mental health care across the nation! Located in the vibrant city of New York, this position not only offers an exciting career opportunity but also the chance to make a significant difference in families' lives by expanding access to quality mental health services. This dynamic role involves overseeing the entire real estate lifecycle, from prospecting and negotiating lease agreements to ensuring that our clinic locations are ready to serve members efficiently and effectively. You'll be responsible for strategic real estate planning, collaborating with internal teams, and managing relationships with brokers and landlords to secure optimal locations. Additionally, your project management skills will be essential to deliver member-ready facilities on time and within budget. If you have a passion for building playbooks from scratch and are ready to lead the way in a growing team, this position is perfect for you. We value relationships at Brightline, so your ability to connect with stakeholders across various departments will be key, creating a collaborative and supportive environment. In this role, you're not just a manager but a foundational piece in crafting the future of behavioral health care. If you're ready to join a community-focused culture and are motivated by the mission to redefine behavioral health for children and their families, we would love to hear from you. Let's embark on this transformative journey together!

Frequently Asked Questions (FAQs) for Real Estate Manager (NY) Role at Brightline
What are the responsibilities of a Real Estate Manager at Brightline?

As a Real Estate Manager at Brightline, your responsibilities will encompass the entire real estate lifecycle. You will strategize with the finance team to identify and evaluate potential clinic locations, work directly with brokers and landlords to negotiate terms, manage lease agreements, and oversee the transformation of these sites into member-ready clinics. Your role will also involve building relationships with various stakeholders to ensure operational excellence and contributing to market analytics to guide site selection.

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What qualifications are needed to become a Real Estate Manager at Brightline?

To qualify for the Real Estate Manager position at Brightline, candidates should possess a Bachelor’s degree in Real Estate, Finance, Business Administration, Urban Planning, or a related field. Additionally, a minimum of 5 years of experience in enterprise real estate management is necessary, along with robust analytical skills, financial modeling experience, and a passion for enhancing mental health care accessibility.

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How does Brightline support the professional development of its Real Estate Managers?

Brightline is committed to the professional growth of its Real Estate Managers. They offer a range of support including reimbursement for learning and development opportunities, access to wellness stipends, and a flexible work environment. This culture of continual improvement not only enhances individual capabilities but also contributes to fulfilling Brightline's mission to provide quality mental healthcare.

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Is experience in the healthcare sector preferred for the Real Estate Manager role at Brightline?

Yes, experience in a high-growth, multi-state healthcare environment is strongly preferred for the Real Estate Manager position at Brightline. Familiarity with healthcare regulations and the unique requirements for facility placements is vital to ensure compliance and strategic alignment with the organization's goals, ultimately leading to better outcomes for families accessing care.

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What makes the Real Estate Manager position at Brightline unique?

The Real Estate Manager role at Brightline is unique because it combines strategic planning with a profound impact on the community. You will be at the forefront of expanding access to quality mental healthcare, with the opportunity to build a real estate function from the ground up. This role not only demands mastery in real estate operations but also requires a deep commitment to Brightline's mission of transforming behavioral health for children and their families.

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Common Interview Questions for Real Estate Manager (NY)
Can you explain your experience with lease negotiations as a Real Estate Manager?

In discussing your lease negotiation experience, focus on specific examples where you effectively negotiated terms that benefited your organization. Highlight your ability to analyze market data to inform your negotiating position, and emphasize your strategies for building rapport with landlords and brokers to achieve mutually beneficial outcomes.

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How do you assess the market potential of new locations?

Share your approach to market analysis by discussing the tools and methodologies you use to evaluate demographic data and market trends. Illustrate how you leverage data to make informed decisions that align with a company's strategic goals while emphasizing your ability to adapt assessments based on changing circumstances.

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Describe a time when a project did not go as planned. How did you handle it?

Employ the STAR method (Situation, Task, Action, Result) to explain a specific project that encountered challenges. Detail the problem, your proactive steps to resolve it, and the outcome. Emphasize your problem-solving skills and adaptability in maintaining stakeholder communication and ensuring project continuity.

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What strategies do you use for cross-functional collaboration?

Discuss your methods for fostering collaboration among various teams, such as regular communication, creating joint project goals, and establishing a framework for feedback. Offer examples of how you facilitate partnerships between departments to achieve the best outcomes in real estate projects.

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What tools do you use for project management in real estate?

Mention specific project management software or tools you have experience using, such as Asana, Trello, or MS Project. Explain how you leverage these tools to track progress, manage deadlines, and ensure effective communication among team members in real estate projects.

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How do you ensure that your real estate decisions align with the company's mission?

Articulate how you integrate organizational goals into your real estate strategies. Discuss the importance of aligning site selections and facilities operations with the mission and values of Brightline, particularly in enhancing accessibility to mental health services for families.

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What is your negotiation style, and how has it helped you achieve successful outcomes?

Describe your negotiation style—whether it’s collaborative, competitive, or a mix—and provide examples of successful lease agreements or partnerships you’ve negotiated. Emphasize the importance of understanding the other party’s perspective while advocating for your organization's interests.

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Can you provide an example of how you've used data analysis to inform a real estate decision?

Share a scenario where data analysis influenced your decision-making process in site selection or lease negotiation. Highlight the analytical tools you used and the outcomes that resulted from your data-driven approach.

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How do you handle maintenance and location management in operational clinics?

Discuss your strategies for ensuring ongoing maintenance and effective location management after clinics are operational. Elaborate on your communication protocols with property management and your approach to addressing any issues that arise.

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What motivates you to work in real estate for healthcare facilities?

Express your passion for enhancing healthcare access through real estate. Share your motivation behind wanting to contribute to improving mental health care for families and how that drives your professional efforts.

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Brightline is a digital health startup that specializes in providing mental health support for children and teenagers.

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Full-time, hybrid
DATE POSTED
December 21, 2024

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