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Director, Asset Management Real Estate

Location
Washington, Washington DC
Job Type
Permanent
Posted
23 Sep 2022
Job Description

Director, Asset Management Real Estate Marketing Statement:

Join Metro's Office of Real Estate and Parking as the Director of Asset Management Real Estate. The position is the agency's expert on real property acquisition and disposition and oversees all property sales, leases, permits and easements. The position oversees third-party management of WMATA's three new office buildings and serves as WMATA's liaison on real estate matters to Federal, state and local governmental agencies. The successful candidate will have 10+ years of asset management and real estate transaction experience and excellent organization and communication skills, sound judgement and a track record of managing successful teams.

Minimum Qualifications

Education

Graduation from an accredited college or university with a bachelor's degree in Real Estate, Business Administration, or a related field.

Experience

Minimum of ten (10) years of progressively responsible, senior-level managerial experience in real estate acquisition, management, and disposition.

Certification/Licensure

A valid driver's license

Preferred

Bachelor's degree in Real Estate

Medical Group

Satisfactorily complete the medical examination for this position, if required. The incumbent must be able to perform the essential functions of this position either with or without reasonable accommodations.

Job Summary

The Director, Asset Management Real Estate oversees all aspects of planning, organizing, managing, coordinating, and directing personnel and activities relating to the acquisition, management, and disposition of all real estate rights necessary to support the construction, operation, and maintenance of the Metrorail and Metrobus systems. The incumbent is the Authority's expert on real estate acquisition from the public and private sectors through both negotiation and eminent domain and real property disposition. Oversees management of WMATA's real property portfolio including three office buildings. Working with the private sector and other WMATA offices and departments, develops and implements innovative revenue generating opportunities utilizing WMATA's real estate and other operational assets. Disposes of excess property and conveys real estate interests, both permanent and temporary, to public and private entities. Coordinates WMATA's response to legal and other public notices affecting WMATA property. Has extensive latitude for independent judgment and action and is responsible for interpreting and applying existing policies to new situations and for recommending program, policy, or operational changes within the office.

ESSENTIAL FUNCTIONS

Sets and implements real estate acquisition and disposition goals, policies and procedures and monitors long-range schedules and strategies. Advises the Vice President of LAND on all property acquisition, management, disposition, and related matters. Provides real estate support for all WMATA Offices and Departments.
Supervises negotiations for the acquisition of real property in fee, easements, leases, permits, licenses and use and occupancy agreements. Recommends and institutes eminent domain proceedings when negotiations are unsuccessful.
Manages the disposal of real and personal property determined to be excess to WMATA's operational needs. Supervises the preparation and processing of disposal packages including internal screening, coordination with local jurisdictions, advertising, negotiations, proposal evaluation, award, and post-award actions.
Oversees all leasing activities related to WMATA-owned and managed real estate assets and rights of way. Closely monitors rent collections and assures that effective and timely rent collection actions are taken when required.
Oversees third party property manager of WMATA-owned office buildings. Coordinates with appropriate WMATA Departments on property maintenance and related services. Manages the organization and maintenance of property records.
Develops and implements innovative revenue enhancement opportunities utilizing WMATA's real estate and other operational assets.
Serves as WMATA's liaison on real estate matters with Federal, state, and local governmental agencies and with the U.S. Department of Justice on eminent domain proceedings. Provides depositions and court testimony associated with real estate legal actions.
Responds to inquiries from the public regarding WMATA's real estate assets and represents the Office of Real Estate and Parking at various public hearings and meetings with engineers, planners, architects, governmental agencies, property owners, developers, and tenants.
Supervises subordinate staff to include recommending applicant selection, disciplinary actions, resolution of grievances, assigning duties, directing work, conducting performance evaluations, approving leave requests and time sheets, and ensuring appropriate subordinate training is provided.
Maintains timely and accurate files and records of activities, coordinates activities with other offices and departments within WMATA, prepares special reports and performs assignments for the Vice President, LAND.

OTHER FUNCTIONS

Reviews plans and specifications for proposed construction projects adjacent to or over WMATA facilities to identify potential impacts on WMATA real estate assets and issues real estate permits.

The essential duties listed are not intended to limit specific duties and responsibilities of any particular position. Nor is it intended to limit in any way the right of managers and supervisors to assign, direct and control the work of employees under their supervision.

Evaluation Criteria

Consideration will be given to applicants whose resumes demonstrate the required education and experience. Applicants should include all relevant education and work experience.

Evaluation criteria may include one or more of the following:

Skills and/or behavioral assessment
Personal interview
Verification of education and experience (including certifications and licenses)
Criminal Background Check (a criminal conviction is not an automatic bar to employment)
Medical examination including a drug and alcohol screening (for safety sensitive positions)
Review of a current motor vehicle report

Closing

WMATA is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other status protected by applicable federal law.

This posting is an announcement of a vacant position under recruitment. It is not intended to replace the official job description. Job descriptions are available upon confirmation of an interview.
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