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Senior Real Estate Agent, Transit-oriented Development

Company: The Valley Transportation Authority
Location: Santa Clara
Posted on: June 10, 2021

Job Description:

Job Description

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.

General Instructions

Please read this entire job announcement before applying for the position. Print and keep a copy of this announcement so that you can refer to it. Questions not answered within this job announcement may be sent topersonnel@vta.org.

To ensure consideration, completed applications must be submitted online to the Human Resources department by the stated closing time and date posted. When the stated closing date is "continuous," apply immediately; the position may close without notice.

You will receive an immediate email confirming receipt of your submitted application. If you do not receive this email, contactNEOGOV'sApplicant Assistance Line at (855) 524-5627 between 8:00AMto 5:00PM(PST) Monday through Friday, excluding holidays.

Only on-line applications will be accepted for this recruitment (paper applications or resumes will not be accepted). Job Interest Notification Cards, or copies of previous, partial, or un-submitted applications, are not an acceptable substitute to a completed application.

ALL APPLICATION AND TESTING NOTIFICATIONS WILL BE SENT BY E-MAIL.Applicants should select e-mail as the preferred method of notification. Candidates must maintain an up-to-date, valid and reliable e-mail address. Candidates are also responsible for maintaining up-to-date phone numbers and addresses on their on-line account. Due to the number of applications received, candidates must check their application status through their on-line account. ContactNeoGovfor assistance if needed.

Information on how to apply for jobs at the VTA is available on the VTA Employment website and from theNEOGOV'sApplicant Assistance Line (855) 524-5627.NeoGovApplicant support is available from 8:00AMto 5:00PM(PST) Monday through Friday, excluding holidays.

Americans with Disabilities Act Accommodations

The Human Resources Department will make reasonable efforts in the recruitment/examination process to accommodate applicants with disabilities. If you wish to request an accommodation, please click here.

Application Processing Information

All related current and past work experience (including VTA experience) must be listed and fully described in the Work Experience section of the application ("See Resume" is not acceptable). Incomplete or improperly completed online applications may be rejected even if you are qualified for the position for which you are applying. It is your responsibility to ensure that the online application reflects the work experience and education needed to meet the requirements for the position you are applying for. Although your resume may have all your experience and education details, please make sure to complete each section of the online application to ensure that your information is accurately captured during our screening process.

Important: Proof of Education, either as a copy of a diploma or transcript, is required to verify all educational units listed on your application. Official transcripts are not necessary. Copies of diplomas, degrees, transcripts, or foreign transcript evaluations must be attached to the submitted application as a pdf.

Note: Failure to provide all of the required documents in the appropriate format (pdf ONLY), and properly labeled as shown in the example (for example: Smith_J BS Diploma), will result in the application being rejected as incomplete. No exceptions will be made.

Note: Applicants holding degrees or credentials from outside the United States who are using these qualifications exclusively to qualify for a position are required to provide a foreign transcript evaluation as a pdf and properly labeled as shown above. Failure to provide a foreign transcript evaluation will result in the application being rejected as incomplete. No exceptions will be made.

All applications are subject to review as to meeting minimum qualifications at any point in the recruitment process. Passing any step is no guarantee of continuation if it is determined that the applicant does not meet the minimum qualifications as stated in the class specification.

Candidates found to have exaggerated/falsified their qualifications, experience, training, and/or education may be disqualified at any point in the recruitment process and may be denied future employment with the VTA.

If selected for the position, candidates will be required to complete a criminal conviction disclosure form. Candidates who successfully become VTA employees, and fail to disclose any of the criminal background information as required may be subject to discipline up to and including discharge.

Eligible Lists typically remain in effect for six (6) months. However, Human Resources may abolish Eligible Lists at any time during the six (6) month period. Human Resources may extend eligible Lists for up to two (2) years. Eligible Lists may be used for more than one recruitment. If you have questions related to an Eligible List you might be on or were on, you should contact Human Resources.

If you have questions regarding your status as an applicant for this position, please call the Human Resources Department at (408) 321-5575 or email atPersonnel@vta.org.

VTA is an equal employment opportunity employer. VTA does not and will not tolerate discrimination against applicants or employees on the basis of age, ancestry, color, marital status, mental or physical disability, genetic information, national origin, immigration status, political affiliation, race, religion, creed, sex, gender identity, gender expression, sexual orientation, pregnancy, medical condition, disabled veteran or veteran status, etc.

Licenses; Certificates; Special Requirements:

Possession of a valid Class C driver's license issued by the State of California.

Keywords: The Valley Transportation Authority, Santa Clara , Senior Real Estate Agent, Transit-oriented Development, Other , Santa Clara, California

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