L

Head of Real Estate Acquisitions

salary Salary :

$115,000 - 130,000 yearly

icon building Company : La28
icon briefcase Job Type : Full Time

Number of Applicants

 : 

000+

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Job Description - Head of Real Estate Acquisitions

LA28 does not provide relocation assistance.


The Summer Olympic and Paralympic Games will be hosted in Los Angeles, California in 2028, returning to the United States for the first time in over 30 years. 2028 will be the first time LA hosts the Paralympic Games, creating an opportunity to expand awareness, understanding and inclusion of people with disabilities.


LA28, the organizers for the 2028 Olympic and Paralympic Games in Los Angeles, is on a mission to create an unparalleled Games experience for athletes, fans, partners, our community and our people. Our vision is to collectively create what’s next through sport, community and the power of our differences.


The 2028 Olympics and Paralympics will represent LA and leverage the strength of our community’s creativity as we collectively work to design a Games that we all want to be a part of. We do this by focusing on people and by inviting everyone into the story of the LA28 Games.


The LA28 organizing committee is an independent, non-profit organization that is privately funded and governed by a board of directors. 


Values and Behaviors:



  • Optimism – Embody a positive, enthusiastic, and solution-oriented attitude in everything we do; challenge the status quo, inspire and support one another to achieve our best; have our eyes on the future and believe we can make a meaningful impact

  • Integrity – We communicate openly and honestly, listen, and respectfully value multiple perspectives; we do what we say and are accountable for everything we do; we do the right thing, always. Even when it isn’t easy

  • Excellence – We hold ourselves to the highest standard and expectations; we live our values and truths and persevere through challenges; we are continuous learners and adapt and pivot with speed to meet changing needs

  • Inclusion – We seek to represent, include, empower and level the playing field; our work reflects the communities we serve and the world in which we live; we leverage our platforms to bring awareness to issues relevant to who we are

  • Co-Creation – We are authors of a shared story. Everyone contributes their unique voice to our shared mission; we share pride in our accomplishments and ownership of our shortcomings

  • Boldness – We embrace creativity, courage and outside-the-box thinking; we are unafraid to take risks, explore unconventional solutions, and learn from the process; we are innovators, disruptors, and challengers of the status quo


Head of Real Estate Acquisition:


The Logistics department is responsible for effectively and efficiently providing materials management and logistics support to all LA28 functions. The Head of Real Estate Acquisition is responsible for overseeing the temporary acquisition of real estate properties needed for the planning and execution of the 2028 Los Angeles Summer Olympic and Paralympic Games. This role will report to the Senior Director, Logistics. 


Key Responsibilities:


Vendor Sourcing 



  • Build RFP strategies to select an embedded Real Estate Broker(s) for the LA28 family

  • Assist with researching and identifying prospective brokers

  • Produce an evaluation assessment to rate RFP participants

  • Lead in vendor selection and onboarding 

  • In partnership with the embedded broker, form the Real Estate Acquisition sub-department responsible for acquiring temporary commercial real estate properties 


Quantification / Discovery 



  • Work directly with LA28 Functional Areas to understand and identify real estate requirements for all competition and non-competition venues across the Games footprint

  • Liaising directly with Functional Areas to refine and optimize requirements to fit budgetary restraints

  • Develop a thorough understanding of how Games execution requirements drive real estate needs to develop acquisition courses of action that support the Games delivery

  • Update and monitor the real estate  


Site Selection 



  • Assess and manage real estate risks, market trends, and potential growth opportunities to maximize portfolio value.

  • Conduct market research using electronic sources and / or in-person scouting to identify acquisition targets aligned with LA28 needs

  • Oversee site selection, property acquisitions, lease negotiations, and space optimization to ensure efficient and cost-effective use of real estate assets

  • Serve as the primary contact for contractual questions

  • Implement new customer / tenant relations policies or procedures to ensure the highest level of current and future satisfaction 


Financial Management 



  • Identify potential opportunities for cost savings through efficient space utilization, vendor negotiation, and resource optimization

  • Work closely with Finance to oversee financial transactions acquiring properties aligns with LA28 objectives 


Administration 



  • Update the Real Estate Tracking document, accordingly

  • Prepare presentations to show status of Real Estate program

  • Provide audit operations over the embedded broker transactions

  • Conducts regular status and strategy meetings with Functional Areas and embedded broker to better understand needs 


Background & Qualifications:



  • 7 – 10 years’ experience in end-to-end Commercial Real Estate portfolio management.  Experience in the Los Angeles, CA market a strong plus 



  • Bachelor’s Degree in Business Administration, Facilities Management, Urban Planning, Civil Engineering, or related field; Master’s degree preferred, but not required   



  • Possession of a CA Real Estate Broker’s License 



  • Extensive knowledge of short-term real estate, facilities management project management, and best practices 



  • Experience managing large and diverse property portfolios, with strong capabilities in lease negotiation, property acquisitions, and financial analysis 



  • Strong leadership skills, with the ability to inspire cross-functional teams, influence stakeholders, and drive organizational change at the enterprise level 



  • Excellent communication and interpersonal skills, with the ability to effectively engage and collaborate with internal and external stakeholders at all levels 



  • Demonstrated project management skills, with the ability to prioritize tasks, meet deadlines, and manage competing priorities in a fast-paced environment 



  • Excellent analytical skills: ability to make decisions both independently and within a team environment 



  • Strong IT skills including MS Office (Word, Excel, PowerPoint, Outlook) 



  • A team player with a strong customer service focus with and a desire to go the extra mile 



  • Demonstrate ability in upward / downward communication  



  • Competence to present and clearly communicate to audiences in a multitude of public / private settings, as required 



  • Willing to work on complex, tight, immovable timelines while maintaining a positive attitude, exhibiting patience, persistence 



  • Experience working in a multi-cultural, multi-national environment 



  • High attention to detail 


Position Requirements:


Physical Requirements and Working Conditions  



  • Expectation to work in LA28 offices in Los Angeles minimum 4x week 



  • Primarily office-based with extended periods of sitting, working on a computer, and attending virtual or in-person meetings  



  • Ability to travel frequently within the Los Angeles Region to visit potential and secured real estate sites


Education:



  • Bachelor’s Degree in Business Administration, Facilities Management, Urban Planning, Civil Engineering, or a related field; Master’s degree preferred, but not required.   



  • Possession of a CA Real Estate Broker’s License 


Expectations:



  • Confident self-starter – Ability to make quick decisions, gathering input from key stakeholders and advancing the ball forward with pace  



  • Collaborative and flexible approach – Ability to roll with the transitional nature of the organization as it grows and establishes itself over the next 5 years 



  • Influencing skills – ability to distill information and drive understanding and buy in across multiple stakeholders and executives 



  • Team player – ability to scale up and down and drive commercial real estate acquisitions with flawless execution  



  • Passion for sport; passion for Los Angeles  


Submission Requirements:



  • Resume


The annual base salary range for this position is $115,000.00 - $130,000.00. The pay scale provided is the range that LA28 reasonably expects to pay as starting base compensation for this role. All LA28 compensation remains subject to final determination based on individual candidate qualifications, experience, or other reasonable criteria consistent with LA28’s operational business needs and applicable law.


LA28 does not provide relocation assistance.


LA28 is committed to operating fair and unbiased recruitment procedures allowing all applicants an equal opportunity for employment, free from discrimination on the basis of religion, race, sex, age, sexual orientation, disability, color, ethnic or national origin, or any other classification as may be protected by applicable law. We strive to build a team that is diverse, inclusive and encourages qualified candidates of all backgrounds, perspectives, and identities to apply. We will consider all qualified candidates with criminal histories in a manner consistent with local law. We assess applications based on relevant skills, education, and experience a candidate can add to our team.


 

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