VICE PRESIDENT, REAL ESTATE

Job Description

Job Description

Position Summary

The Vice President, Real Estate (Mid-Atlantic) Transactions is responsible for overseeing the diligence materials and transactional documents for real estate acquisitions and dispositions on behalf of the Walton Legal department and for managing external counsel, title and escrow companies, and other service providers in connection with such transactions. This position manages the title and escrow process for all real estate finance transactions pertaining to U.S properties and assists the Legal Department and Walton’s operations and management teams with other matters as they arise, whether related to a transaction or to the ownership of property after acquisition.

Essential Duties and Responsibilities

The essential functions include, but are not limited to the following:

• Lead transactional project management and due diligence efforts to ensure that all real estate transactions are completed on time and in alignment with Walton’s strategic goals and mission, and investment/site selection criteria
• Coordinate with external and internal counsel to ensure all contracts are completed in compliance with applicable laws, regulations and internal policies and procedures
• Responsible for requesting title commitments from title companies based on information furnished by Walton’s acquisitions and dispositions team
• For transactions that are in escrow, confirm that critical dates are correct and input into Walton’s critical dates tracking system for attorneys and applicable operators
• Review and or manage the review of title commitments, surveys, mineral reports, ESA’s and any other diligence reports
• Over see the preparation of closing documents
• Review and approve settlement statements for wires of closing funds
• Review and approve final Owners or Lenders Title Policies
• Prepare documents for the conveyance of U.S. property to Walton’s syndication channels
• Actively participate in calls pertaining to current real estate transactions, issues and priorities, as scheduled from time to time
• Coordinate with third party title and escrow companies, Walton’s outside counsel and counsel for counterparties to real estate transactions, with the participation and assistance of Walton’s in-house attorneys and business operators, as appropriate.
• Serve as a resource for Walton’s operations and management team for information related to all properties
• Perform other duties as assigned

Minimum Qualifications (Knowledge, Skills, and Abilities)

• A bachelor’s degree or real estate education, or both, are preferred, but not required
• Minimum of seven years title and escrow experience is required
• Excellent attention to detail
• Strong time management and communication skills
• Good judgment, discretion, a proactive work ethic
• Proficient in MS Office programs
• Well-developed interpersonal skills
• Ability to multitask and prioritize
• Must be located in the Mid-Atlantic