Manager Planning Analysis
7 days ago
Recipe Unlimited Corporation is Canada’s leading full service restaurant company. Hubert, The Keg, Montana’s, Kelseys, Bier Markt, East Side Mario’s, The Landing Restaurant Group, New York Fries, The Pickle Barrel & Catering, State & Main, Elephant & Castle, Original Joe’s, Fresh Kitchen + Juice Bar, The Burger’s Priest, Blanco Cantina and Anejo. With this diverse portfolio of restaurants our Home Office Teammates have the opportunity to work on a wide variety of some of the most popular, well-loved brands in Canada. Variety isn’t the only thing we offer – we are passionate about our industry, we celebrate and support diversity of thought, we are innately curious and encourage our Teammates to take ownership. Above all else, we believe in doing the right thing for our people, our communities and our planet.
As the Portfolio Management Manager, you will participate in the development of, and then implement site specific plans for renewal of leases for assigned RECIPE brands. You will assist in the implementation of plans for the management of redundant leased locations and the sale of RECIPE-owned real estate.
Solicit input from Real Estate, Franchising and the Brand(s) re plan to renew/relocate/close
Management of Redundant Leased Locations 15%
Assist Brand in assessing closure
Manage landlord communication
Manage process of negotiating buy-out with landlord or sourcing and negotiating deal with subtenant
Assist in the implementation of disposition plans for Cara-owned real estate by assisting in:
Sourcing purchasers from the real estate investment community
Special Projects 5%
~ Assist the Senior Portfolio Manager and the Vice President, Real Estate Portfolio Management with special projects, as needed
Solid understanding of Canadian commercial real estate market
Strong understanding of lease language and how it can impact the business terms of deal
Excellent time management skills and ability to deal with multiple priorities
Proficiency in Google Suite or Microsoft Office especially spreadsheets, lease administration software
Some travel may be required
Flexible/Hybrid work environment
~ You’d be joining a close-knit, innovative team of creative and energetic go-getters
~ You’d be a part of Canada’s largest full-service restaurant company that leads the industry in size and innovation
~Celebrating people, being passionate and curious, owning it, and doing the right thing are the values that guide how we build our teams, support our franchisees and create a company that unlocks the full potential of everyone.
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