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Real Estate Services Director

Company: University of Texas MD Anderson Cancer Center
Location: Houston
Posted on: May 28, 2023

Job Description:

SUMMARY The primary purpose of the Program Director Real Estate Services position in Facilities Finance is to provide leadership and management for real estate functions including: capital budgeting for real estate; negotiation of and supervision of the negotiation of purchases and sales of real property; guidance to property management as required; negotiation and supervision of negotiation of leases; supervision of maintenance of land and lease records and coordination of payments to landlords and vendors and managing relationship with General Counsel's Office and UT System in connection with such matters. In addition, the position requires the planning and implementation of development plans, and negotiation with City departments and with City and non-City utilities and other aspects of land development.JOB SPECIFIC COMPETENCIES Acquiring, Selling and Leasing Real Estate / Subject Matter Expertise - Acquiring, Selling and Leasing Real Estate. Negotiates and administers the sales, acquisitions and leases of campus real estate assets. Manages due diligence efforts in connection with real estate acquisitions. Develops real estate financial and valuation analysis. Negotiates land development matters, including procurement of utilities, necessary easements and City approvals of development, closing of roads, and negotiations with non-City utilities for certain services. Works with the Office of General Council of UT System, the UTSystem Real Estate Office and MD Anderson Legal Services to identify and resolve legal issues and obtain necessary approvals by the Board of Regents of The University of Texas System. Manages the preparation of agenda items for internal approval by MDAnderson Executives. Real Estate Subject Matter Expertise. Understands lease economics and advanced real estate industry practices and effectively communicates implications in layman's terms to MD Anderson decision-makers. Manages relationships with commercial brokers and leasing managers for the benefit of MD Anderson. Understands market lease terms and principles of fair negotiations in connection with commercial real estate transactions. Develops strategies, options and recommendations for negotiation positions.Real Estate Management - Responsible for the design, execution and effectiveness of a system of internal controls which provides reasonable assurance that operations are efficient, assets are safeguarded, financial information is reliable, and applicable laws, regulations and procedures are followed. Manages lease transactions to verify values, purpose and compliance. Manages relationships between landlords and tenants in connection with subject matter expertise interpretation of lease arrangements. Continually monitors the market price of real estate interests. Negotiates market competitive rates for new and/or renewable leases. Manages and ensures that rental payments are made each month when due by directing staff who work closely with landlords, tenants, finance, accounts payable, and others to confirm rent receipts and disbursements are timely made.Real Estate Document Control and Reports - Develops policies and procedures for management of real estate administration. Manages document control and reporting of current listing of all holdings, owned or leased. Manages closing documents, deeds, lease records, lease expirations, landlord-tenant contacts, property tax records, etc. Other duties as assigned.Bachelor's degree in Business, Real Estate or related field. Ten years experience in real estate law practice, appraisal, development or sales and/or commercial space or ground leasing. May substitute required education degree with additional years of equivalent experience on a one to one basis. Successful completion of the LEADing Self Accelerate program may substitute for one year of required supervisory or management experience. One of the following: *Texas Real Estate License issued by the Texas Real Estate Commission *Licensed Attorney in good standing *Certified Commercial Investment Member (CCIM) issued by the CCIM InstituteIt is the policy of The University of Texas MD Anderson Cancer Center to provide equal employment opportunity without regard to race, color, religion, age, national origin, sex, gender, sexual orientation, gender identity/expression, disability, protected veteran status, genetic information, or any other basis protected by institutional policy or by federal, state or local laws unless such distinction is required by law. http://www.mdanderson.org/about-us/legal-and-policy/legal-statements/eeo-affirmative-action.htmlAdditional Information

  • Requisition ID: 157477
  • Employment Status: Full-Time
  • Employee Status: Regular
  • Work Week: Days
  • Minimum Salary: US Dollar (USD) 113,000
  • Midpoint Salary: US Dollar (USD) 141,500
  • Maximum Salary : US Dollar (USD) 170,000
  • FLSA: exempt and not eligible for overtime pay
  • Fund Type: Hard
  • Work Location: Hybrid Onsite/Remote
  • Pivotal Position: No
  • Referral Bonus Available?: No
  • Relocation Assistance Available?: No
  • Science Jobs: No

Keywords: University of Texas MD Anderson Cancer Center, Houston , Real Estate Services Director, Executive , Houston, Texas

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