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SENIOR REAL ESTATE AGENT, TRANSIT-ORIENTED DEVELOPMENT-PROJECT


SENIOR REAL ESTATE AGENT, TRANSIT-ORIENTED DEVELOPMENT-PROJECT

SENIOR REAL ESTATE AGENT, TRANSIT-ORIENTED DEVELOPMENT-PROJECT

Santa Clara Valley Transportation Authority
San Jose, CA 95134

Job details

Job Type


This is a Project Position with End Date of Five Years from the Start Date of the Assignment.

Definition
Under direction, the Senior Real Estate Agent, Transit-Oriented Development (TOD) plans, organizes, supervises, and coordinates the work of staff and consultants, as well as independent third parties, engaged in a variety of pre-development, planning, transactional, project management, and program support work for Transit-Oriented Development on VTA-owned sites and Transit-Oriented Communities (TOC) and in surrounding station areas.

Distinguishing Characteristics
Senior Real Estate Agent, Transit-Oriented Development is the first line supervisory classification in the Real Estate TOD series. Incumbents are responsible for planning, organizing, and supervising staff and contracted staff engaged in all aspects of VTA real estate transactions and agreements related to transit-oriented development projects, and for performing the more difficult and complex duties in this area. The primary duties and responsibilities of this class include day to day project management for TOD projects; management and coordination of a broad range of planning, community and stakeholder engagement, predevelopment activities for TOD and TOC projects; preparation and management of a range of agreements related to TOD projects and TOC, including but not limited to transaction-related documents, ground leases, grant agreements, cooperative agreements, and memoranda of understanding, and supervision of and assistance with administrative functions of the Real Estate Department, including program management and matters related to real estate acquisition for capital projects, asset management, and revenue generation for VTA.

Senior Real Estate Agent, Transit-Oriented Development (TOD) is distinguished from Associate Real Estate Agent, Transit-Oriented Development in that the former is a first line supervisor, whereas the latter is a journey level professional that may provide lead direction to consultants and lower level staff.

Classification Bargaining Unit: AFSCME

Essential Job Functions

Typical Tasks


  • Supervises and performs all work related to major TOD and TOC projects that encompass residential, commercial, and other types of real estate development, including review, evaluation, and approval of architectural, planning, engineering, environmental, financial, and real estate appraisal work product produced for VTA as well as by other parties;
  • Plans, organizes, controls, integrates, and evaluates all aspects of planning, predevelopment, competitive offerings, negotiations, development, construction, and management of TOD projects;
  • Leads and coordinates complex real estate negotiations for development agreements, ground leases, purchase and sale agreements, and related implementing agreements, including related acquisitions, excess property sales or disposition functions;
  • Supervises, leads, and participates in collaborative efforts with local jurisdictions to obtain appropriate and feasible development entitlements for TOD; negotiates and develops cooperative and other agreements with public agencies, private non-profits, community-based organizations, and other entities;
  • Directs analytical research and the preparation of reports on TOD program development, implementation, and related matters;
  • Supervises and participates in the development and monitoring of project performance including schedules, work plans and budgets; departmental budgets; and TOD and TOC business and strategic plans, including financial projections;
  • Selects, supervises, trains, motivates, assigns, evaluates, counsels, and disciplines VTA staff and contracted staff;
  • Prepares and presents information to the public, boards, committees, community groups, members of the public, and others involved in TOD and TOC;
  • Plans, directs, negotiates, administers, and/or participates in the development, negotiation, and administration of consultant contracts;
  • Ensures compliance with VTA policies and procedures regarding equity, equal opportunity and discrimination and harassment prevention;
  • Provides support to other functions in the Real Estate & TOD department as directed; and
  • Performs other related duties as assigned.

Minimum Qualifications

Employment Standards

Sufficient training, education, and experience to demonstrate possession of the required knowledge and abilities.

Development of the required knowledge and abilities is typically obtained through a combination of training and experience equivalent to graduation from an accredited college or university with a four-year degree in public or business administration, finance, real estate, planning, or a related field, and five years of increasingly responsible experience in real estate project management, acquisition and planning, development, property management, or interagency agreement and financial transaction development, with at least three years in a project lead or supervisory capacity. Project management experience for real estate projects is required. A graduate-level degree in a related field may be substituted for one year of experience.

Experience in public-private development on public property is desirable. Possession of a valid California driver’s license at the time of appointment is required.

Supplemental Information

Knowledge of:


  • Concepts, methods, and techniques for evaluating TOD project feasibility, as well as property value, and current market conditions;
  • Principles and practices of planning, design, financing, development, and management of large-scale mixed-use real estate development projects, and specifically TOD, in complex urban settings;
  • Strategies for negotiation of public-private partnership development projects; value capture and public investment; project finance; and construction oversight;
  • Federal, state, and local laws and regulations applicable to planning, design, construction, financing, and operation of real estate development projects;
  • Basic principles and practices of property and contract law, including preparation of real estate contracts;
  • Basic terminology, methods, and practices of engineering design and construction, architecture, land use planning, and real estate finance;
  • Principles and practices of effective communication and engagement with diverse stakeholders;
  • Principles and practices of effective good faith negotiations;
  • Principles and practices of effective supervision, training, employee development, motivation, and discipline;
  • Principles and practices of program organization, administration, and fiscal management;
  • Principles, methods, and practices of public administration including procurement, contracting, budgeting, and maintaining public records;

Ability to:
  • Plan, organize, direct, and coordinate a program of project-level planning and predevelopment activities, secure land use entitlements, oversee feasibility testing and business planning, prepare and manage competitive offerings, and conduct developer selection and negotiation of agreements;
  • Analyze financial projections, project pro formas, and perform financial analysis in support of TOD projects;
  • Analyze technical data and legal requirements, evaluate alternatives and make sound, timely recommendations within established guidelines;
  • Negotiate effectively and persuasively to create real estate and other contractual agreements meeting project deadlines and legal, regulatory, and budget constraints;
  • Estimate and manage budgets and schedules for studies and projects;
  • Plan, organize, and coordinate administrative functions including contract management, grant administration, and cooperative and other agreements to meet goals;
  • Understand, interpret, explain, and apply federal, state and local laws and regulations applicable to real estate responsibilities;
  • Read and interpret plans, maps, engineering drawings, and sketches;
  • Prepare clear, concise, comprehensive, and legally sound documents and reports;
  • Exercise sound independent professional judgment within established guidelines;
  • Use tact, discretion, and diplomacy in dealing with sensitive situations and parties;
  • Provide effective supervision over assigned subordinate staff;
  • Communicate effectively, both orally and in writing;
  • Provide lead direction to consultant staff as assigned; and
  • Establish and maintain effective working relationships all parties encountered in the course of work.


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• Post ID: 21776201


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