Join Our Team
As part of our Cinemark Universe, you'll discover fun opportunities with real growth potential and plenty of perks. With 500+ theatres and nearly 6,000 screens; we're truly a global presence of 20,000 movie lovers working together to make unforgettable experiences.
Role Summary:
As a member of the Real Estate team, the Vice President, Real Estate plays an important role in the implementation of Cinemark's development strategy reporting directly to the Executive Vice President, Real Estate and Construction. This role will participate in the Cinemark's growth including new builds, land acquisition, and the remodeling of existing theatres. These activities include the securing, negotiating, and structuring of land purchases, leases/renewals as well as supporting the design, construction, and opening of new developments and redevelopments of existing portfolio assets. In addition, the Vice President, Real Estate will participate in lease related and property management issues in various territories.
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Responsibilities
- Develops, manages, and maintains a broad range of industry relationships on behalf of the Company with potential landlords and sellers, consultants, and governmental agencies.
- Responsible for overseeing the negotiation of leases, contracts, and operating agreements.
- Identify new build opportunities as well as respond to landlord submittals.
- Identifies and analyzes development and zoning regulations related to leases, new projects, and expansion of existing properties. Coordinates with internal legal teams for the analysis and interpretation of REAs, Leases and related controlling documents.
- Oversee the preparation of analysis for specific opportunities. Guides and oversees preparation of project proposals, letters, of intent, proformas, budgets, feasibility analyses, including determination of time and funding requirements.
- Working with the Executive Vice President, Real Estate and Construction, participates in preparing materials for the Cinemark's Real Estate Committee.
- Participates in Cinemark's efforts to sell or lease peripheral land parcels.
- Takes steps necessary to close deals and maximize cash flow.
- Contributes to the development and implementation of departmental procedures and controls to monitor projects and prospective deal pipelines more effectively, and improve the processes, activities, and outcomes of the Company's development activities.
- Performs other duties as assigned.
Requirements
- A natural leader and team player, with a cultural fit and a style to operate effectively within a fast-paced public company environment.
- Strong relationship development and interpersonal skills with an ability to appropriately influence and inspire others, successfully manage conflict, and interact effectively with all
- Internal and external stakeholders including joint-venture partners, tenants, architects, engineers, and other third parties, finance and marketing professionals, contractors, as well as personnel and executives within the Cinemark organization.
- Strong negotiating and deal structuring skills.
- Strong presentation, verbal, and written communication skills.
- Strong organizational and project leadership skills.
- Ability to understand site plans, lease plan drawings and architectural plans.
- Ability to understand financial reports.
- Ability to use computer software/hardware to prepare and present financial, economic, and other data for project proformas and other analytical reports.
- Must be willing to travel as required.
Qualifications (Education and Experience):
- A minimum of 10 years of relevant real estate development experience managing full-cycle processes associated with large-scale premium retail developments and/or multi-store developments.
- Extensive experience with retailers with a large regional or national footprint.
- BA or BS Degree in Business, Real Estate Finance, or related field preferred.
- MBA, JD or other relevant advanced degree preferred.
DISCLAIMER: This job description is intended only as a general guideline of your duties and responsibilities at Cinemark and is not a legally binding contract. Cinemark reserves the right to amend, change or terminate the job description, as it deems appropriate. Any change amendments, or modifications may be implemented even though they have not been communicated, reprinted or substituted in this job description.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Cinemark is an Equal Opportunity Employer