Supervisor, Asset Management

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Date: Jul 9, 2026

Location: Chicago, IL, US, 60607

Company: McDonald's Corporation

Company Description: 

McDonald’s is proud to be one of the most recognized brands in the world, with restaurants in over 100 countries that serve 70 million customers daily. We continue to operate from a position of strength. Our updated growth strategy is focused on staying ahead of what our customers want and realizing further growth potential. Our relentless ambition is why McDonald’s remains one of the world’s leading corporations after almost 70 years. Joining McDonald's means thinking big and preparing for a career that can have influence around the world. 

At McDonald’s, we see every day as a chance to create positive impact. We lead through our values centered on inclusivity, service, integrity, community and family. From support of Ronald McDonald House to our Youth Opportunity project and sustainability initiatives, our values keep us dedicated to using our scale for good: good for our customers, people, industry and planet. We also offer a broad range of outstanding benefits including a sabbatical program, tuition assistance and flexible work arrangements. 

Department Overview

The Real Estate Portfolio Supervisor will be the subject matter expert for real estate related issues and is accountable within the assigned Field Office(s) to develop plans and set goals to optimize the existing asset/real estate portfolio, including but not limited to:

Duties

Improving Existing Assets 

  • Lead resolution of property issues, including condemnations, easements, CAM disputes, lease/land rights, estoppels, excess property, consents, and non-monetary defaults tied to development initiatives.

  • Identify income opportunities within real estate assets, such as cell towers, air rights, excess property, easements, CAM opportunities, and billboards.

  • Apply Development Standards to improve restaurant performance through visibility, access, drive-thru, signage, landscaping, and related site enhancements.

  • Renegotiate landlord and co-tenant agreements to support site remedies and development needs.

  • Analyze underperforming real estate assets and recommend solutions.


Vision / AP Acquisition / Rebuild Packages 


  • Partner with the Real Estate Portfolio Manager to create, maintain, and update the portfolio Vision Plan.

  • Negotiate real estate agreements for additional property needs at existing locations.

  • Prepare and present Rebuild and AP site packages for approval.

  • Coordinate with Construction to secure landlord and third-party approvals.


Stakeholder Partnerships


  • Partner with Legal, Finance, REF Accounting, Asset Managers, Franchisees, landlords, and authorities on defaults, CAM, taxes, disputes, easements, condemnations, litigation, and violations.

  • Build strong relationships with Field Office leadership, Franchisees, landlords, and governmental authorities.

  • Represent McDonald’s in professional organizations and public hearings.

  • Maintain regular communication with Field Office Restaurant Development Management to support regional planning alignment.


Issue Resolution


  • Coordinate with internal and external partners to resolve property maintenance and operational issues.

  • Meet with landlords and conduct site inspections to address common area, compliance, and property concerns.


Process Management


  • Manage condemnation-related work with Legal, authorities, Construction, and consultants, including valuation, restoration costs, municipal compliance, compensation, impact reports, and legal documents.

  • Partner with Finance and Legal to issue notices and defaults for past-due tenant receivables.

  • Support store closing processes with the Region and Excess Property Team, including landlord transition or disposition.

Qualifications

Qualifications

  • Degree or equivalent in a real estate related field preferred

  • Commercial real estate experience, Property management, paralegal or title company background with real estate or construction experience

  • Proficiency in lease/contract analysis and negotiation

  • Understanding of governmental processes such as permitting, zoning, special use, licensing, and condemnations; competency in use of surveys, site plans, and building plans; understanding of RE tax abatements

  • Ability to own the outsourcing of facilities and property maintenance and excess property, superior relationship building, interpersonal skills, both written and verbal, and strong real estate financial acumen.

 

Compensation

Bonus Eligible: Yes

Long - Term Incentive: No

Benefits Eligible: Yes

Salary Range

The expected salary range for this role is $93,208.00 - $116,510.00 per year
 
The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we may also consider your experience, and other job-related factors.

Additional Information: 

Benefits eligible: This position offers health and welfare benefits, including but not limited to comprehensive health insurance, which includes medical, prescription drug, mental health, dental and vision coverage, as well as, life insurance; a 401(k) plan; adoption assistance program; educational assistance program; flexible ways of working; and time off policies (including sick leave, parental leave, and vacation/PTO).  McDonald’s is an equal opportunity employer committed to the diversity of our workforce. We promote an inclusive work environment that creates feel-good moments for everyone. McDonald’s provides reasonable accommodations to qualified individuals with disabilities as part of the application or hiring process or to perform the essential functions of their job. If you need assistance accessing or reading this job posting or otherwise feel you need an accommodation during the application or hiring process, please contact mcdhrbenefits@us.mcd.com. Reasonable accommodations will be determined on a case-by-case basis. McDonald’s provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to sex, sex stereotyping, pregnancy (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), race, color, religion, ancestry or national origin, age, disability status, medical condition, marital status, sexual orientation, gender, gender identity, gender expression, transgender status, protected military or veteran status, citizenship status, genetic information, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training. Nothing in this job posting or description should be construed as an offer or guarantee of employment.


Nearest Major Market: Chicago