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Property Rights Advocate
2 months ago
We are seeking a highly skilled Real Estate Condemnation Specialist to join our team at Public Storage. As a key member of our organization, you will be responsible for handling public agencies' condemnations and pending takings from our portfolio of over 3,000 properties.
Key Responsibilities- Condemnation Management
- Oversee and monitor current and pending takings of property interests (fee and easement) by public agencies across various jurisdictions.
- Act as the point of contact for communication between condemning agencies, internal stakeholders, appraisers, attorneys, consultants, and contractors.
- Impact Analysis
- Investigate, analyze, and evaluate the impact of land or easement takings and public improvements on properties.
- Obtain and review essential documents such as take plats, project plans, surveys, legal descriptions, maps, photographs, and renderings.
- Identify necessary work to mitigate impacts from takings and communicate these needs to Facilities or Operations personnel.
- Coordination and Communication
- Prepare timelines to close properties due to condemnations and coordinate vacating the property and relocation of tenants when required.
- Negotiation and Document Review
- Negotiate compensation for property takings and draft, review, and negotiate related documents, including deeds, easements, and agreements.
- Assist in resolving title issues by analyzing title documents and reviewing deeds, easements, subdivision plats, and title reports.
- Cost Management
- Assist in controlling legal costs by handling tasks typically performed by outside counsel.
- Create and update budgets for condemnation cases and review, track, and negotiate invoice reductions with law firms.
- Data Preparation and Reporting
- Gather and present data for expert witness appraisers.
- Prepare and revise case timelines and notify relevant teams about public projects affecting properties.
- Maintain a database of takings and prepare weekly, monthly, and ad hoc reports to various internal departments.
- Ongoing Support
- Respond to questions from Financial Reporting and auditors regarding condemnation proceeds and assist District and Facilities Managers with issues arising during ongoing projects.
- Additional Responsibilities
- Provide legal support to field teams with issues arising from owning real estate.
- Research title of Public Storage properties.
- Manage deed transfers and update property titles, involving detailed file reviews and information compilation.
- Bachelor's degree from an accredited college or university in Real Estate or a related field preferred.
- Experience in eminent domain and condemnations proceedings and government easements required.
- Minimum of 8+ years of experience in Real Estate with emphasis on condemnations and eminent domain.
- Working knowledge of surveys, highway plans, deeds, easements, and title documents.
- Litigation experience a plus.
- Strong analytical skills, attention to detail, and excellent communication and negotiation capabilities.
- Ability to manage multiple tasks simultaneously, prioritize effectively, and thrive in a fast-paced environment.
- Proficiency with MS Office Suite is preferred.