Vistra
Program Manager, Real Estate Dvpmt & Commercial Strategy
Luminant Real Estate · Irving, Texas
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hirly's read of this role
- Role family
- Operations
- Seniority
- Lead / management
- Country
- US
- Work mode
- On-site / unstated
- First seen by hirly
- 27 Oct 2026
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the posting
If you have what it takes to become part of the Vistra family and would like to start a promising career with a global leader, take a look at the exciting employment opportunities that are currently available and apply online.
Job Summary
- Program Manager – Real Estate Development & Commercial Strategy is a senior individual contributor responsible for advancing complex real estate and commercial matters supporting the company’s development portfolio. Reporting to the Senior Director of Real Estate and Land Management, this role independently evaluates corporate development opportunities, identifies and mitigates risk, develops and recommends real estate strategies, coordinates complex transactions and negotiations, and resolves commercial issues affecting project advancement.
- The Program Manager works closely with Development, Construction, Legal, Finance, Strategy, Engineering, Environmental, and other business functions to translate project objectives into executable real estate strategies. This role requires strong commercial judgment, strategic thinking, negotiation skills, and the ability to independently manage high-priority matters with limited oversight while appropriately escalating significant business decisions and risks.
*** This position may be based at any of our established Vistra sites or offices***
Job Description
Key Accountabilities
Manage development project deliverables, ensuring financeability and insurability are achieved
Develop and execute real estate strategies and commercial positions based on project objectives, economics, valuation, market conditions, contractual rights, and risk; lead negotiations with landowners and other counterparties
Optimize complex real estate transactions and commercial initiatives supporting corporate growth and development projects, including site control, acquisitions, easements, crossing agreements, and other strategic real estate matters
Independently identify, evaluate, and resolve complex real estate and commercial issues affecting project viability, schedule, cost, risk, or value, providing clear recommendations and escalating significant decisions as appropriate
Collaborate with cross-functional real estate workstreams with Development, Strategy, M&A, Legal, Finance, Construction, Operations, Environmental, and other stakeholders to advance priority projects and provide strategic analysis and decision support to Real Estate leadership
Education, Experience & Skill Requirements
Bachelor’s degree in real estate, business, finance, economics, energy, land management, or related discipline, or equivalent relevant experience
7+ years of relevant corporate or commercial real estate, energy, land or infrastructure development experience, with demonstrated responsibility for complex transactions or development matters
Strong knowledge of real estate transactions, site control, contracts, valuation, due diligence, negotiations, and development-related commercial considerations; corporate, energy or infrastructure development experience strongly preferred
Proven ability to independently coordinate complex matters with limited oversight, exercise sound judgment, prioritize competing objectives, and recognize when issues require leadership escalation
Strong negotiation, commercial, influence, communication, and executive presentation skills, with demonstrated ability to work effectively across business functions and with external counterparties
Ability to understand broader project-development objectives and economics and translate them into effective real estate strategies and profitable commercial outcomes.
This position may be based at any of our established Vistra sites or offices
Key Metrics
Successful advancement of priority development projects and transactions, including achievement of critical real estate and commercial milestones
Commercial value and risk management, demonstrated through effective transaction structures, negotiations, recommendations, and resolution of complex issues
Effectiveness of cross-functional execution, including timely resolution of issues affecting project viability, schedule, cost, or strategic objectives
Demonstrated ability to independently manage complex, high-priority matters with appropriate judgment, accountability, and escalation
Job Family
Facilities
Company
Vistra Corporate Services Company
Locations
Luminant Real Estate
Texas
We are a company of people committed to: Exceeding Customer Expectations, Great People, Teamwork, Competitive Spirit and Effective Communication. If this describes you, then apply today!
If you currently work for Vistra or its subsidiaries, please apply via the internal career site.
It is the policy of the Company to comply with all employment laws and to afford equal employment opportunity to individuals in all aspects of employment, including in selection for job opportunities, without regard to race, color, religion, sex, sexual orientation, gender identity, pregnancy, national origin, age, disability, genetic information, military service, protected veteran status, or any other consideration protected by federal, state or local laws.
If you are an individual with a disability and need assistance submitting an application or would like to request an accommodation, please email us at assistance@vistraenergy.com to make a request.
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