General Description and Classification Standards:
This classification is a single-class professional position under the direction of the Director of Real Estate. The Real Estate Project Manager is responsible for acquiring, disposing, and/or managing the property interests involved with a variety of City of Atlanta projects. The position can focus on residential or commercial property and whole or partial interests in property.
Works under very general supervision. Depending on organization structure, may work independently with responsibility for an assigned function or program.
Essential Duties and Responsibilities:
Meets with city department personnel, consultants, and contractors to understand the property rights required for a project, making recommended changes where appropriate.
Meets with the public, as needed, to explain the proposed project and, on occasion, to negotiate directly.
Maintains files and records related to a project and prepares a final report.
Composes routine and complex written materials and analyses in a logical, comprehensive yet concise manner.
Structures and closes complex mixed-finance deals with multiple lenders, including managing due diligence process.
Serves as a primary point of contact with partner agencies, community organizations, political officials, and funders in existing and new markets.
Collaborates with partner agencies and/or independently identifying potential sites and conducting due diligence around sites.
Manages design process to ensure compliance/waiver/approval by City, State, and Federal approval, financing sustainability, and design standards, related to real estate transactions.
Prepares project feasibility analysis and makes recommendations to the senior leadership team for advancing projects.
Reviews proposed project acquisition costs for inclusion in the final project budget, and reviews legal documents related to acquisition of real property rights.
Assists in negotiating pricing and other terms for the acquisition of property, evaluates and helps secure zoning and other local government entitlements required for real estate related projects.
Assists in development of predevelopment budget, development budget, construction cost, operating budget, project timeline, and other project underwriting as related to real estate acquisition or leasing.
Negotiates and drafts letters of intent (LOI) for purchase with sellers and applies significant knowledge of regulations and industry standards to proposals, applications, and closings, including legal and project document review, and day-to-day decisions.
Facilitates community and public agency support and approvals related to real estate-based projects.
Applies organizational policies. Selects from multiple procedures and methods to accomplish tasks.
Establishes work methods, timetables, performance standards, etc.
Typically has formal project management and/or skills development responsibilities.
Routinely provides project updates to others such as the Information Manager, Safety Officer, Project Controls/Schedule Manager, Permit Coordinator and Land Acquisition team.
Monitors work in progress and data deliverables to ensure the project is within budget and on time as related to real estate matters.
Knowledge, Skills and Abilities:
Knowledge of principles and practices of real estate appraisal and appraisal review; negotiating to acquire property rights; surveying.
Knowledge of how to interpret a property’s legal description against a survey; how to interpret a title report; how to search Superior Court records involving real estate transactions; real estate terminology; and federal, state, and local guidelines governing public sector real estate transactions.
Reading and interpreting maps, plans, title reports, deeds, and easements; applying property appraisal principles; negotiating property acquisitions, including leases; reading and interpreting rules, regulations and procedures related to real estate transactions; interacting effectively with property owners under sometimes adverse conditions; ability to communicates effectively with all levels of management, the public, and governmental officials.Qualifications
Minimum Qualifications – Education and Experience:
Bachelor’s degree in Real Estate, Finance, Business, Public Administration, or related field; and three (3) years professional experience in residential or commercial real estate appraisal, acquisition, or sales and leasing; or any equivalent combination of education, training and experience which provides the requisite knowledge, skills, and abilities for this position.
Preferred Qualifications – Education and Experience:
Real estate experience in state, federal or local government is a plus. Bachelor’s degree in Real Estate, Finance, Business, Public Administration, or related field; and five (5) years professional experience in residential or commercial real estate appraisal, acquisition, or sales and leasing; or any equivalent combination of education, training and experience which provides the requisite knowledge, skills, and abilities for this position.
Required: Valid State of Georgia driver’s license
Active, current Georgia Real Estate Agent, Associate Broker or Broker’s License within six (6) months of employment
Project Management Professional (PMP) certification
Essential Capabilities and Work Environment:
Required physical, lifting, and sensory capabilities are requirements to perform the job successfully. Typical environmental conditions associated with job.
Up to $69,000 annually
Leasing (Contract Law)
Real Estate Appraisal