Real Estate Development Manager

Chancellor's Office Statement

Join our team at the California State University, Office of the Chancellor, and make a difference in providing access to higher education. We are currently seeking experienced candidates for the position of Real Estate Development Manager. The CSU Chancellor's Office, located on the waterfront adjacent to the Aquarium of the Pacific in downtown Long Beach, is the headquarters for the nation's largest and most diverse system of higher education. The CSU Chancellor's Office offers a premium benefit package that includes outstanding vacation, health, and dental plans; a fee waiver education program; membership in the California Public Employees Retirement System (PERS); and 15 paid holidays a year.

Salary

The anticipated salary hiring range is up to $9,584 per month, commensurate with qualifications and experience.

The salary range for this classification is $4,812 to $15,449 per month.

Classification

Administrator II

Position Information

The California State University, Office of the Chancellor, is seeking a Real Estate Development Manager to manage research and analysis to support the negotiation and execution of real estate transactions, including development partnerships, acquisitions, and easements, as well as the development of CSU policies around such transaction types. The incumbent will perform market research, research and reference CSU policy and precedent transactions, review and analyze business terms and other elements of prospective transactions, collaborate with other CPDC units and Chancellor’s Office departments to provide direction to campuses, strategize with campus development teams and participate in negotiations, and assist in the development of systemwide policies, procedures, trainings and sharing of best practices. Specific responsibilities and degree of required leadership will vary from project to project, depending on both the nature of the project as well as the subject campus’s levels of subject matter knowledge and internal resources.

The position will also manage administrative and reporting functions, including maintaining project tracking tools, compiling information for government reporting requirements and coordinating activities related to the Land Development Review Committee, Stockton Center Site Authority, Board of Trustees meetings and other similar committees, organizations and activities.

The Manager should be experienced in several of the following areas: (1) real estate development processes, (2) acquisition due diligence, (3) analyzing and structuring real estate transactions, (4) real estate development finance, (5) decision-making and negotiations. The incumbent may represent Real Estate Services at meetings and conferences, and as such should demonstrate excellent communication skills, interpersonal skills and situational awareness.

This position is approved for telecommuting (two days telecommuting, three days in office (in-person)) with onsite work at the main headquarters located in Long Beach, California.

Responsibilities

Under the general direction of the Executive Director, Real Estate Services, the Real Estate Development Manager will:

-Conduct a broad range of research and design and manage analysis as needed to support prospective development partnerships, acquisitions, easements and other real estate transactions, including, but not limited to conducting local market research, researching and referencing CSU policies, procedures and past projects, evaluating land appraisals, and performing high-level financial analysis.

-Evaluate letters of intent, term sheets, ground leases, development and disposition agreements and other real estate documents, pro forma development budgets and cash flow statements, and other materials to advise on real estate development partnerships and property acquisitions.

-Participate in strategy discussions and provide input on prospective development partnerships and property acquisitions, including proposed objectives/benefits, project feasibility, scopes, budgets, schedules, and business plans.

-Partners with the Executive Director of Real Estate and CSU stakeholders in the development of negotiation strategies and in negotiations with third-party development teams.

-Manage administration of the CSU Land Development Review Committee. Lead the preparation of meeting materials, documenting meeting minutes, the preparation of follow-up memos and execution of other follow-up items, and with meeting scheduling and other logistics.

-Manage administration of the Stockton Center Site Authority. Lead the preparation of meeting materials, documenting meeting minutes, the preparation of follow-up memos and execution of other follow-up items, and with meeting scheduling and other logistics.

-Assist in the preparation and review of Board of Trustees (BOT) materials.

-Manage the flow of information between project teams and departments to ensure stakeholders are updated on project statuses.

-Maintain and update project tracking tools to reflect current progress and milestones.

-Review and draft easements from pre-existing templates.

-Review title reports and other land records to identify any discrepancies, legal issues, business risks or other concerns.

-Prepare and process reports for submission to state and other government bodies to comply with regulatory requirements.

-Maintain internal records related to compliance, reporting and other recurring processes.

-Participate in meetings and communication with CSU stakeholders and external partners to foster strategic relationships.

-Participate in relevant professional organizations and state/local affiliation organizations to keep industry knowledge current and to enhance CSU’s networks.

-Lead and/or assist in the development of Requests for Qualifications and Requests for Proposals.

-Lead and/or assist in the evaluation of RFQ and RFP responses.

-Perform other duties and responsibilities, as assigned.

Qualifications

This position requires:

-A BS or BA degree in a related field.

-Five years of professional experience in real estate transactions, development, planning and entitlements, or a similar field.

-Knowledge and understanding of core real estate development and acquisition concepts and practices and ability to track and evaluate trends in the evolution of real estate practices.

-Experience reviewing and analyzing legal agreements, proposals and financial plans related to real estate development or acquisition, including a basis understanding of contract principles and real estate finance principles.

-Research skills - Ability to effectively analyze both qualitative and quantitative information to support real estate transactions, policy development and decision-making.

-Ability to take independent ownership of projects and tasks, and to develop and execute work plans with limited direction.

-Excellent verbal and written communication skills for synthesizing and communication research and analysis findings; communicating meeting agendas, summaries, open items, next steps, and work plans, in written or presentation format; and interacting with many different professional levels, both within CSU and external to CSU.

-Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, and Outlook), and other software that can track and generate reports on real estate projects or long-term leases.

-Creative thinking combined with the talent to implement entrepreneurial concepts.

-Excellent interpersonal skills including the ability to assist others in resolution of conflicts.

-Ability for regular travel.

-Understanding of the decision-making processes and structure of large, complex, multi-campus educational institutions.

-Real estate knowledge specific to California or to one or more regions and/or cities in California, including laws, entitlements, and market trends and dynamics.

-Knowledge of construction industry and public works contract law, rules regulations, or CSU contract law.

- Regular use of personal vehicle for inter-site transportation.

-Office technology equipment (PC, etc.).

Application Period

Priority consideration will be given to candidates who apply by August 12, 2024. Applications will be accepted until the job posting is removed.

How To Apply

Please click "Apply Now" to complete the California State University, Chancellor's Office online employment application.

Equal Employment Opportunity

The university is an Equal Opportunity Employer and does not discriminate against persons on the basis of race, religion, color, ancestry, age, disability, genetic information, gender, gender identity, gender expression, marital status, medical condition, National origin, sex, sexual orientation, covered veteran status, or any other protected status. Reasonable accommodations will be provided for qualified applicants with disabilities who self-disclose by contacting the Senior Human Resources Manager at (562) 951-4070.

Title IX

Please view the Notice of Non-Discrimination on the Basis of Gender or Sex and Contact Information for Title IX Coordinator at: https://www2.calstate.edu/titleix

E-Verify

This position requires new hire employment verification to be processed through the E-Verify program administered by the Department of Homeland Security, U.S. Citizenship and Immigration Services (DHSUSCIS)' in partnership with the Social Security Administration (SSA).

If hired, you will be required to furnish proof that you are legally authorized to work in the United States. The CSU Chancellor’s Office is not a sponsoring agency for staff and Management positions (i.e., H1-B VISAS).

COVID19 Vaccination Policy

Per the CSU COVID-19 Vaccination Policy , it is strongly recommended that all Chancellor’s Office employees who are accessing office and campus facilities follow COVID-19 vaccine recommendations adopted by the U.S. Centers for Disease Control and Prevention (CDC) and the California Department of Public Health (CDPH) applicable to their age, medical condition, and other relevant indications.

Mandated Reporter Per CANRA

The person holding this position is considered a 'mandated reporter' under the California Child Abuse and Neglect Reporting Act and is required to comply with the requirements set forth in CSU Executive Order 1083 as a condition of employment.

Conflict of Interest

The duties of this position will include participation in decisions that may have a material financial benefit to the incumbent. Therefore, the selected candidate will be required to file Conflict of Interest Form 700: Statement of Economic Interest when they first occupy the position, and on an annual basis, complete ethics training within 6 months of appointment, and attend this training every other year thereafter.

CSU Out of State Employment Policy

California State University, Office of the Chancellor, as part of the CSU system, is a State of California Employer. As such, the University requires all employees upon date of hire to reside in the State of California. As of January 1, 2022, the CSU Out-of-State Employment Policy prohibits the hiring of employees to perform CSU-related work outside the state of California.

Background

The Chancellor's Office policy requires that the selected candidate successfully complete a full background check (including a criminal records check) prior to assuming this position.

Advertised: Jul 29 2024 Pacific Daylight Time
Applications close:

Closing Date/Time:

Long Beach, California 90802 United States View Map