Vice President - Lease Advisory (New York, NY)
17 days ago
New York
Job Description Company Overview SURMOUNT is a premier full-service commercial real estate platform specializing in net-lease brokerage, sale-leaseback advisory, capital markets, development, and principal investing. Our Advisory Division provides sophisticated lease optimization and portfolio strategy solutions for multi-unit operators, franchisees, corporate occupiers, and institutional landlords, bridging the gap between tenants and landlords—providing customized negotiations, restructuring services, and portfolio-wide strategies based on each client’s specific objectives. About the Role The Vice President – Lease Advisory is responsible for originating, managing, negotiating, and executing complex lease advisory assignments, including restructurings, terminations, buybacks, buy & recast strategies, occupancy-cost optimization, and landlord-side modifications and extensions. This role combines strategic consulting, financial and operational analysis, and hands-on negotiation. You will work closely with multi-unit operators, franchisees, franchisors, private equity sponsors, and landlords to assess real estate portfolios, unlock value, and implement strategies. Candidates with leasing, tenant rep, landlord rep, investment sales, sale-leaseback, or operator-side real estate experience will excel in this position. Key Responsibilities · Review leased and owned real estate portfolios to identify opportunities to reduce occupancy costs, strengthen leasehold control, or reposition challenged assets. · Structure complex leasehold deals including rent restructures, buybacks, sale-leasebacks, terminations, and capital contribution packages. · Lead negotiations directly with landlords, tenants, brokers, and operators from LOI through full execution. · Analyze client geographics, store-level performance, cash flow trends, lease standards, and industry benchmarks to build actionable strategies. · Reduce base rent, adjust escalation structures, modify percentage rent/fair market rent mechanisms, and secure abatements, TI allowances, or capital contributions. · Negotiate favorable exit terms or identify replacement tenants to assume obligations. · Advise on buying back leased properties and executing tenant-favorable sale-leasebacks to unlock capital for expansion while gaining long-term site control. · Support operators navigating restructuring, bankruptcy, or turnaround processes by aligning real estate decisions with financial recovery strategies. · Negotiate renewals to maximize renewal probability, term commitment, and asset-level stability. · Enhance asset value ahead of sale by adjusting term, guarantees, rent structures, or non-economic lease attributes. · Arrange mutually acceptable early terminations to reposition assets for higher and better uses. · Identify new tenants for new development and dark site redevelopment opportunities leveraging SURMOUNT’s extensive tenant network and leasing brokerage relationships. · Serve as a primary point of contact for major operators, franchisees, and investor clients. · Originate new engagements through relationships with operators, franchise systems, private equity sponsors, brokers, and internal SURMOUNT divisions. Qualifications · At least 5 years of commercial real estate experience, with a strong foundation in leasing, tenant rep, landlord rep, lease restructuring, or portfolio strategy. · Demonstrated experience negotiating commercial leases and leading restructuring or termination processes. · Strong financial modeling, underwriting, and analytical capabilities. · Excellent communication, negotiation, and presentation skills. · Ability to thrive in a fast-paced, entrepreneurial environment with high transaction velocity. · Proficiency in Microsoft Excel, Word, PowerPoint, and comfort with large datasets. · Background in investment sales, sale-leaseback advisory, or net-lease brokerage a plus. · Experience working for an operator’s real estate department, multi-unit franchisee, or sponsor-backed portfolio company a plus.