SALARY: $129,972.00 - $181,932.00 AnnuallyJOB TYPE: Full TimeDEPARTMENT: Real EstateLOCATION: Sacramento, CAOPENING DATE: 1/9/2024
DESCRIPTION:
THIS POSITION WILL REMAIN OPEN UNTIL FILLED. APPLICATIONS ARE REVIEWED AS RECEIVED, AND INTERVIEWS WILL BE SCHEDULED FOR MOST QUALIFIED CANDIDATES, AS APPLICATIONS ARE REVIEWED.
The purpose of this position is to direct, plan, organize, and oversee the District's Real Estate projects and Transit Oriented Development. This is accomplished by overseeing the acquisition and sale of properties in support of SacRT Capital Projects and the sale and lease of properties related to the development of SacRT properties; managing and coordinating project grants, project related interagency agreements, contract management, and project development administrative functions and programs for the Real Estate department and Transit Oriented Development; managing SacRT's TOD program with the objective to maximize the economic benefit of SacRT properties; planning, organizing, supervising and integrating the work of assigned staff and consultants engaged in acquiring, appraising, managing, leasing, licensing and/or disposing of real property rights.
Examples of Duties
Directs, and manages all activities related to SacRT real estate programs and makes recommendations related to joint development opportunities in accordance with District policy, including negotiations with developers, state and local governments and public agencies.
Plans, directs, integrates, and monitors the planning, predevelopment, competitive offerings, and evaluation and selection of developers for negotiations and project development work.
Leads and coordinates internal and external participants in complex real estate negotiations for development agreements, ground leases, purchase and sale agreements, and all related implementing agreements, including excess property sale or disposition functions.
Performs oversight of professional and technical consultant agreements, including budget, expense and invoice tracking, contract performance, and reporting on status of work products.
Leads collaborative work with local jurisdictions to obtain appropriate and feasible development entitlements for Transit-Oriented Development; negotiates and develops cooperative and other agreements with public agencies, private non-profits, community-based organizations, and other entities.
Actively participates in discussions and negotiations of agreements regarding joint development projects.
Develops business plans and financial forecasts of potential and proposed projects; may investigate alternative funding sources.
Assesses, develops, and identifies project scopes, schedules, budgets, and resources; develops estimates and potential timelines.
Monitors project activities and ensures compliance with approved plans.
Facilitates development activities by scheduling meetings, setting time schedules, and identifying problem areas.
Maintains awareness of potential, pending, and current legislation impacting SacRT.
Plans, directs, integrates, monitors, and oversees the appraisal, acquisition and management of properties, relocation of tenants, homeowners, and businesses, and the sale of excess property.
Conducts the most difficult appraisals, negotiations, relocation assistance, and excess property sale of disposition functions; performs detailed complex research, analyses, and determinations.
Manages preparation of legal documents required for land acquisition, joint development agreements, and property acquisition and leasing.
Negotiates and develops cooperative agreements with public agencies, utilities, and other entities.
Oversees property management functions, including lease and license portfolio, as well as encroachment and other right-of-way matters.
Represents the District at meetings with various external groups, including local/appoint d officials, citizens, community, and business groups.
Prepares and presents information to the public, boards, committees, and community groups as required.