Our mission is to create the Experience of a Lifetime for our employees, so they can, in turn, create the Experience of a Lifetime for our guests. We own and operate the most renowned destination resorts in the world as well as regional and local ski areas outside major cities, and connect them all through one unrivaled network. We are looking for ambitious leaders, innovators and creators to join our talented team. If you’re ready to pursue your fullest potential, we want to get to know you!

Candidates for year-round positions are reviewed on a rolling basis. Applications will be accepted up to 90 days after the posting date, or until the position is filled (whichever is first).

Job Summary:

The Commercial Leasing – Leasing & Asset Manager is the point of contact and leader in the field for the Commercial Leasing department for the certain Resorts. The position could be located in the Tahoe California, or Colorado Front-Range with travel necessary to the covered resorts. Under the guidance and support of the Director of Commercial Leasing (located in Broomfield, CO), the Leasing & Asset Manager is responsible for: staying abreast of retail and restaurant trends, identifying new tenants and prospects, filling spaces within the portfolio and tracking the changing/ideal mix as part of the retail programming and resort brand strategy; handling lease analysis, tenant underwriting, deal generation and execution; providing financial evaluation - budgeting and forecasting - and reporting; identifying and modeling capital allocation for projects and working with tenants to manage project buildouts and to support project management efforts; effectively fulfilling leadership roles on association boards, with key stakeholders/senior leadership, as well as cross-departmentally within each respective village; and performing other duties as assigned. This position requires a person who can communicate effectively (written and verbal), is detail-oriented with strong analytical and critical thinking skills; is adept at reviewing commercial leases and legal language, is proficient in modeling financial deals with experience in underwriting tenants as prospects and structuring leases, has strong leadership and time management skills, is effective at managing project buildouts, is organized and meticulous in lease administration, and can effectively manage internal and external stakeholders. A cover letter is required, your application may not be considered if one is not included.

Job Specifications:

• Outlet: Corporate

• The budgeted range starts at $85,000 - $95,000 + annual bonus. Actual pay will be adjusted based on experience

• Schedule & Availability: Full Time / Year Round

• Others: Hybrid, Remote

Job Responsibilities:

• Identify and evaluate new tenants. Structure new lease deals and amendments, including financial modeling

• Analyze retail programming and focus on metrics to increase performance

• Structure, plan and manage capital investment to support tenant buildout and renovation objectives, including managing conversions of space to highest and best use

• Supervise and effectively coordinate construction, maintenance, repair, design and mechanical projects on behalf and in conjunction with commercial tenants and the property management team

• Develop a good working relationship with all tenants and village leadership and help to manage and address village and tenant operational issues

• Support third party retail sales generation through merchandising and marketing support, as needed

• Manage tenants, structuring required lease amendments and dealing with delinquent tenants; implementing all legal means of collection or termination procedures under the guidance of the Senior Director and in coordination with the legal team

• Maintain lease files and records and manage lease reporting for the assigned resorts

• Provide all required management reporting and interface with the finance team, participating as a critical leader in the budgeting and capital planning processes

• Ensure that all lease information is current and accurate on management reporting and billing and within lease administration systems, including certificates of insurance, HVAC maintenance, licensure requirements, etc.

• Represent the company and participate as the commercial representative on HOA boards and monitor HOA budgets and capital projects on behalf of commercial tenants

• Assist with tenant compliance of resort Rules and Regulations and Policies and Procedures

• Other duties as assigned

Job Qualifications:

• Bachelor’s Degree

• 3+ years working in leasing, asset management, property management

• Computer Skills: Outlook, MS Office (Excel, Word, Powerpoint)

• Strong communication skills, both verbal and written

• Data oriented with strong analytical skills and business acumen

• Ability to negotiate leases, read and interpret legal documents, and perform financial deal modeling

• Adept at project management

• Proven customer service ability (tenants, vendors, senior leadership)

• Travel to assigned resorts

The expected Total Compensation for this role is $85,000 - $95,000 + annual bonus. Individual compensation decisions are based on a variety of factors.

Job Benefits

• Ski/Mountain Perks! Free passes for employees, employee discounted lift tickets for friends and family AND free ski lessons

• MORE employee discounts on lodging, food, gear, and mountain shuttles

• 401(k) Retirement Plan

• Employee Assistance Program

• Excellent training and professional development

Full Time roles are eligible for the above, plus:

• Health Insurance; Medical Insurance, Dental Insurance, and Vision Insurance plans (for eligible seasonal employees after working 500 hours)

• Free ski passes for dependents

• Critical Illness and Accident plans

Vail Resorts offers a ‘Hybrid’ work environment where employees living within 50 miles of the Broomfield office work on-site Tuesday, Wednesday, Thursday and have flexibility to work off-site on Mondays and Fridays. Employees living outside of a commutable distance can work remotely from British Columbia, Washington D.C., and the 16 U.S. states* in which we currently operate. This includes: California, Colorado, Indiana, Michigan, Minnesota, Missouri, New Hampshire, New York, Nevada, Ohio, Pennsylvania, Utah, Vermont, Washington State, Wisconsin, and Wyoming.

Please note that the ability to work in person or off-site, and the particulars related to such work, are subject to change at any time; and, accordingly, the Company reserves the right to change its policies and/or require in-person/in-office work or off-site work at any time in its sole discretion.

Vail Resorts is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veteran status or any other status protected by applicable law.

Requisition ID 504030

Reference Date: 08/05/2024

Job Code Function: Real Estate

Job Type: [[JobType]]