Real Estate Portfolio Manager
1 day ago
The Urban Redevelopment Authority of Pittsburgh is seeking a highly skilled Real Estate Portfolio Manager to join our team. As a key member of our organization, you will be responsible for ensuring the effective management and maintenance of our real estate portfolio.
Key Responsibilities- Negotiate and manage mid- to long-term leases and license agreements, ensuring compliance with relevant codes and contracts.
- Explore opportunities to utilize our real estate portfolio for revenue generation.
- Coordinate the maintenance of our real property portfolio to a high standard, including managing contracts with service providers.
- Lead negotiations and manage third-party property management contracts.
- Coordinate with our Quality Control & Inspection Department to ensure inventory is maintained to applicable codes and standards, and within approved budgets.
- Support the transaction team in acquiring and disposing of real property, and communicate relevant information with partners and stakeholders.
- Oversee the pre-acquisition due diligence process, including information gathering, site inspection, and reports.
- Manage internal funding sources and budgets.
- Coordinate with Quality Control and Inspections and Finance to ensure utility, tax, insurance, and other property expenses are paid.
- Participate in site visits with developers, current or prospective property owners and tenants, and realtors.
- Coordinate property consolidations and subdivisions.
- Field inquiries about publicly owned properties.
- Maintain working relationships with relevant City and County departments and agencies.
- Attend meetings and planning sessions to support understanding of our real property portfolio and engage community stakeholders.
- Participate in internal project meetings regarding projects where the sale or lease of URA property may be contemplated.
- Issue and manage procurement processes for related professional services.
- Manage the URA's LandCare program, including overseeing contracts and coordinating with other public agencies.
- Maintain up-to-date rent roll and license database, and track spending on major properties.
- Prepare documents, including requests for proposals, leases, and licenses.
- Implement process improvements.
- Participate in meetings of the Asset Management and Property Inquiry Review committees.
- Manage relevant external coordination meetings with other public agencies.
- Oversee the digital property inventory file as it pertains to property leasing, licensing, and maintenance.
- Prepare and update Standard Operating Procedures related to URA's real property inventory.
- Bachelor's Degree in Real Estate, Business, Public Administration, Urban Planning, or a related field.
- Five years of real estate, asset management, or development experience.
- Knowledge of real estate principles and practices, including identifying and analyzing trends.
- Attention to detail; strong writing and communication skills; expertise in Excel.
- Experience in property management.
- Experience with negotiating real estate transactions and related agreements, as well as direct experience with deeds, easements, and other real estate contracts.
- Willingness and aptitude to master applicable software programs, including ePropertyPlus, NetSuite.
- Master's Degree.
- Promoting Equity, Diversity, and Inclusion.
- Highly Organized.
- Establishing Focus.
- Data Management.
- Attention to Detail.
- Analytical Thinking.
- Technical Expertise.
- Results Orientation.
- Takes Initiative.
- Entrepreneurial Orientation.
- Thoroughness.
- Fostering Team Work.
- Ability to safely and successfully perform the essential job functions consistent with the ADA, including travel to County and City offices.
- Must be able to lift and carry up to 20 lbs., standing, sitting, reaching, and stretching.
- Must be able to talk, listen, and speak clearly on the telephone.
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