The Real Estate Team is a significant part of the growth engine of our company. We thrive on finding the best property and markets to expand our portfolio of Athletic Resort destinations. We work side by side with our Team Members in the Property Development group by leveraging continual collaboration throughout the life cycle of each project. When you join our team, you are joining a group of fun and talented people. We offer an incredible benefits package, generous club discounts, and a fully subsidized Signature Life Time membership.

Position Summary

The Real Estate Manager plays a strategic role in identifying and acquiring prime locations for new Life Time Athletic clubs and Health Way of Life mixed-use developments across the Mid Atlantic and East Coast regions. Based out of Life Time’s Corporate Headquarters in Chanhassen, MN, this individual partners closely with architecture, construction, legal, operations, and development teams to ensure the successful opening of each new club.

Key Responsibilities

Site Strategy & Market Analysis

Visit target markets and develop strategic deployment plans for new locationsConduct market studies and trade area analyses to guide site selectionMonitor active trade areas for future development opportunities

Broker Network & Site Evaluation

Build and maintain relationships with brokers to identify viable land opportunitiesEvaluate potential sites based on demographics, accessibility, utilities, land conditions, and strategic fitIdentify and pursue sites that meet Life Time’s investment and development benchmarks

Planning & Stakeholder Communication

Draft comprehensive business plans detailing market potential for Board of Directors approvalAnalyze local competition, amenities, and membership trends in surrounding areasConduct site visits with senior leadership to secure executive approval

Negotiation & Development Process

Negotiate Letters of Intent, purchase agreements, and lease termsFacilitate civil engineering, site planning, and entitlement processesOversee disposition of excess properties when necessary

Qualifications

Education

Bachelor’s degree (required)

Experience

5–8 years of experience in real estate analysis and site acquisitionMinimum of 2 years in a management role

Licenses & Certifications

None required

Skills & Competencies

Strong multitasking and problem-solving abilitiesProficiency with standard office tools and softwareExceptional written and verbal communication skillsSound understanding of real estate finance and developmentAbility to draw insights from data and recommend actionable solutionsExcellent project management skills in fast-paced environments

Work Environment & Physical Requirements

Primarily office-based with frequent travelRegular tasks include: standing, walking, sitting, typing, communicating, and reasoning

Benefits

All team members receive the following benefits while working for Life Time:

A fully subsidized membership

Discounts on Life Time products and services

401(k) retirement savings plan with company discretionary match (21 years of age and older)

Training and professional development

Paid sick leave where required by law

Full-time Team Members are eligible for additional benefits, including:

Medical, dental, vision, and prescription drug coverage 

Short term and long term disability insurance

Life insurance

Pre-tax flexible spending and dependent care plans

Parental leave and adoption assistance

Paid time off, including 5 to 20 vacation days per calendar year (based on tenure) and paid sick leave

Deferred compensation plan, if the team member meets the required income threshold

Life Time is a place for everyone. As an organization, we are committed to an inclusive, diverse and equitable workplace that respects and celebrates the unique contributions of each individual while ensuring we remain an equal opportunity employer that recruits, hires, trains and promotes based on merit and qualifications.