What are the responsibilities and job description for the Due Diligence Manager position at LV Petroleum?
Due Diligence Manager
Company: LV Petroleum LLC
Location: Las Vegas, NV (Corporate Headquarters)
Department: Corporate Real Estate / Legal / Acquisitions
Reports To: Senior Director of Real Estate or General Counsel
Employment Type: Full-Time, Exempt
About LV Petroleum
LV Petroleum is a rapidly expanding operator of travel centers, convenience stores, gas stations, and quick-service restaurants with 80 locations across the United States. We specialize in acquisitions, development, and operations in the petroleum retail and hospitality sectors. Our aggressive growth strategy relies on a robust pipeline of commercial real estate transactions.
Position Summary
The Due Diligence Manager will lead and manage comprehensive due diligence processes for high-volume real estate acquisitions, dispositions, developments, financings, and lease transactions. This role is critical in identifying and mitigating risks, ensuring regulatory compliance, and supporting timely deal closings in a fast-paced, growth-oriented environment. The ideal candidate is detail-oriented, analytical, and experienced in commercial real estate, preferably within retail, petroleum, fuel, or hospitality sectors.
Key Responsibilities
- Lead end-to-end due diligence for property acquisitions, dispositions, developments, and financings, including coordination of title reviews, ALTA surveys, zoning and entitlement analysis, environmental assessments (Phase I/II), property condition reports, and code compliance.
- Prepare detailed due diligence reports, risk assessments, checklists, and summaries of findings to inform executive decision-making and transaction negotiations.
- Coordinate with internal stakeholders (Legal, Finance, Operations, Construction, and Development teams) and external vendors (title companies, attorneys, surveyors, environmental consultants, appraisers, and lenders).
- Support transaction execution, including review of purchase/sale agreements, lease documents (e.g., triple-net, ground leases), closing deliverables, and post-closing matters.
- Identify, analyze, and mitigate legal, financial, operational, environmental, and regulatory risks associated with petroleum retail properties (fuel storage, environmental compliance, etc.).
- Maintain and improve due diligence processes, templates, and databases to enhance efficiency in a high-velocity deal environment.
- Ensure compliance with all federal, state, and local regulations relevant to commercial real estate, fuel operations, and land use.
- Assist the In-House Legal team with title curative, easement negotiations, and resolution of due diligence issues.
- Travel as needed (estimated 10-25%) to support site visits and key transaction meetings.
Qualifications
Required:
- Bachelor’s degree in Real Estate, Business, Law, Paralegal Studies, or related field (J.D. preferred).
- 5 years of progressive experience in real estate due diligence, commercial transactions, title examination, or related roles.
- Strong knowledge of title commitments, surveys, zoning, environmental due diligence, and closing processes.
- Proven ability to manage multiple complex projects simultaneously in a deadline-driven setting.
- Excellent analytical, organizational, written, and verbal communication skills.
- Proficiency in Microsoft Office Suite and real estate transaction software/tools.
Preferred:
- Experience in retail, petroleum, convenience store, travel center, or hospitality real estate.
- Background working with franchised operations (e.g., TravelCenters of America) or fuel-related properties.
- Paralegal certification or real estate license.
- Familiarity with high-growth acquisition pipelines.
What We Offer
- Competitive base salary performance bonus
- Comprehensive benefits package (medical, dental, vision, 401(k), paid time off)
- Opportunity to play a key role in a rapidly expanding national brand
- Collaborative, growth-oriented culture in Las Vegas
This is an excellent opportunity for a due diligence professional who enjoys the fast-paced travel center and retail fuel industry.