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Director Real Estate Operations Jobs in Virginia

Dollartree

Analyst - Real Estate

Chesapeake, VA

Work closely with Real Estate, Operations, Asset Protection, and Sr. Management in developing strategies to determine the optimal deployment of stores in a market, by banner. 3. Gain market/site ...

Dollartree

Analyst - Real Estate

Chesapeake, VA · On-site

Work closely with Real Estate, Operations, Asset Protection, and Sr. Management in developing strategies to determine the optimal deployment of stores in a market, by banner. 3. Gain market/site ...

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Director Real Estate Operations information

See Virginia salary details

$33.7K

$106.8K

$178K

How much do director real estate operations jobs pay per year?

As of Aug 7, 2026, the average yearly pay for director real estate operations in Virginia is $106,757.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,900.00 and $134,300.00 per year, depending on experience, location, and employer.

What does a director of real estate operations do?

A Director of Real Estate Operations oversees the strategic and day-to-day management of a company's real estate assets and portfolio. This role involves leading teams responsible for property acquisition, leasing, maintenance, and compliance with regulations. They develop and implement policies to optimize the value and efficiency of real estate holdings, while managing budgets and vendor relationships. Additionally, they work closely with senior leadership to align real estate strategies with overall business objectives.

What are some typical challenges faced by a director of real estate operations and how are they best managed?

Directors of Real Estate Operations often navigate challenges such as managing large, diverse property portfolios, balancing cost efficiency with high-quality facility management, and ensuring compliance with evolving regulations. They must also coordinate cross-functional teams and vendors to deliver projects on schedule and within budget. Effective communication, strategic planning, and leveraging technology for property management are key to overcoming these challenges and driving operational success.

What is the difference between Director Real Estate Operations vs Real Estate Manager?

AspectDirector Real Estate OperationsReal Estate Manager
ResponsibilitiesOversees multiple property portfolios, strategic planning, and high-level operationsManages day-to-day property operations, tenant relations, and maintenance
Required CredentialsBachelor's degree, often advanced certifications, extensive industry experienceBachelor's degree, relevant real estate or property management certifications
Work EnvironmentCorporate offices, regional or national scopeOn-site at properties, local or regional focus
Employer & Industry UsageReal estate development firms, property management companies, REITsProperty management firms, real estate investment companies

The main difference is that the Director Real Estate Operations focuses on strategic oversight and high-level management across multiple properties, while the Real Estate Manager handles daily operations and tenant relations at specific sites. Both roles require industry knowledge, but the director position involves broader scope and strategic planning.

What are the key skills and qualifications needed to thrive as a director of real estate operations?

To thrive as a Director of Real Estate Operations, you need expertise in property management, financial analysis, and strategic planning, often backed by a relevant bachelor's or master's degree. Familiarity with real estate management software, lease administration systems, and industry certifications such as CPM or CCIM is typically required. Strong leadership, negotiation, and interpersonal skills help you manage teams and build successful stakeholder relationships. These skills ensure effective oversight of property portfolios, optimize asset value, and align operations with organizational goals.
What are the most commonly searched types of Real Estate Operations jobs in Virginia? The most popular types of Real Estate Operations jobs in Virginia are:
What are popular job titles related to Director Real Estate Operations jobs in Virginia? For Director Real Estate Operations jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Director Real Estate Operations jobs in Virginia look for? The top searched job categories for Director Real Estate Operations jobs in Virginia are:
What cities in Virginia are hiring for Director Real Estate Operations jobs? Cities in Virginia with the most Director Real Estate Operations job openings:
Director Real Estate Operations jobs near you
Infographic showing various Director Real Estate Operations job openings in Virginia as of August 2026, with employment types broken down into 85% Full Time, 12% Part Time, 1% Temporary, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $106,757 per year, or $51.3 per hour.

Director, Facilities & Real Estate Operations

Virginia Tech Foundation

Blacksburg, VA • On-site

$150 - $170/hr

Other

Re-posted 7 days ago

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Active - Full-time Professional Blacksburg, VA, US

7 days ago Requisition ID: 1081

Salary Range: $150,000.00 To $170,000.00 Annually

Virginia Tech Foundation, Inc. (VTF) is a nonstock corporation established in 1948 for the sole purpose of managing the endowment and real estate portfolio of Virginia Tech, now valued at $3.4 billion. VTF exists and operates as a separate, independent entity with its own officers and governing board – managing, investing, and distributing private resources to advance Virginia Tech’s mission and its strategic priorities.

Position Summary

Reporting to the Chief Real Estate and Commercial Development Officer, the Director, Facilities & Real Estate Operations serves as the operational lead of the Virginia Tech Foundation’s real estate platform, with responsibility for facilities, capital projects and construction, vendor management, operational performance, and property management, maintenance, and operational systems.

This role establishes clear standards, accountability, and ownership across the platform while driving improved execution, cost discipline, and operational efficiency across both internally managed and third-party managed assets.

Key Responsibilities Operations & Facilities Leadership
  • Lead day-to-day real estate operations across the VTF real estate platform
  • Oversee facilities, engineering, and maintenance performance across all assets
  • Establish and enforce consistent operational standards across properties
Capital Projects, Construction & Maintenance Oversight
  • Oversee execution of capital projects, construction activity, and major repairs across the portfolio
  • Manage contractors, service vendors, and project delivery to ensure quality, cost discipline, and timely completion
  • Coordinate capital planning and prioritization of maintenance and project needs across assets
  • Oversee vendor relationships, service contracts, and renewals across the portfolio
  • Manage vendor performance, scope, and accountability to ensure consistent service delivery
  • Partner with Legal on contract structuring and execution
Third-Party Property Management Oversight
  • Oversee performance of third-party property managers across the portfolio
  • Ensure consistency in reporting, service levels, and operating standards
Systems, Maintenance Platform & Data Oversight
  • Provide oversight of property management and maintenance systems used across the portfolio
  • Ensure reporting accuracy, consistency, and usability across systems
  • Drive improvements in workflows and operational processes
Organizational Leadership
  • Lead and manage internal operations team and functions
  • Establish clear roles, responsibilities, and accountability
  • Evaluate team structure and staffing needs over time
Likely Direct Reports / Functions
  • Capital projects & maintenance
  • Maintenance and operations support roles
  • Property management and maintenance systems oversight
Qualifications Required
  • Significant experience in real estate operations, facilities, property management, or related operational roles
  • Experience managing vendors, service contracts, contractors, and property operations
Preferred
  • Bachelor’s degree in real estate, engineering, business, or related field
  • Experience in institutional or portfolio ownership environments
  • Experience with building systems, facilities operations, and maintenance planning
  • Familiarity with property or maintenance management systems
  • Experience supporting laboratory, research, or life sciences facilities
Compensation
  • $150,000 - $170,000
Physical Requirements
  • Light lifting (<20 lbs.)
  • Standing
  • Moderate lifting (20-50 lbs.)
  • Lifting
  • Walking
  • Climbing
  • Heavy lifting (>50 lbs.)
  • Reaching
  • Repetitive motion
  • Pushing/pulling
  • Other, specify:
Equal Opportunity Employer

Virginia Tech Foundation, Inc. (VTF) provides equal opportunity in employment to all employees and applicants. The Foundation prohibits discrimination, harassment, and retaliation against employees and applicants on the basis of age, color, sex (including pregnancy, childbirth, and related medical conditions), disability, gender, gender identity, gender expression, national origin or ancestry, political affiliation, race, religion, sexual orientation, genetic information, military or veteran status, marital status, or any other basis protected by federal and Virginia state law.

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