SENIOR REAL ESTATE OFFICER

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UC OFFICE OF THE PRESIDENT

At the University of California (UC), your contributions make a difference. A world leader producing Nobel and Pulitzer prize recipients with over 150 years of groundbreaking research transforming the world. Choose a career where you can leverage your knowledge, skills and aspirations to inspire and support some of the greatest minds in the world, and those who will follow in their footsteps. Working at the University of California is being part of a unique institution, and a vibrant and diverse community. At the University of California, Office of the President, we propel our mission through impactful work locally, in government centers and systemwide. We are passionate people, serving the greater good.

The University of California, one of the largest and most acclaimed institutions of higher learning in the world, is dedicated to excellence in teaching, research and public service. The University of California Office of the President is the headquarters to the 10 campuses, six academic medical centers and three national laboratories and enrolls premier students from California, the nation and the world.

Department Overview
Working closely with each campus, Real Estate Services and Strategies (RESS) oversees policy, transactions, and activities for university-related real estate. RESS is responsible for negotiating acquisitions, sales and ground leases. We provide assistance to campuses and medical centers on strategic planning, business case analysis, due diligence and market, valuation, and financial feasibility analysis for real estate matters. RESS supports campus leasing, licensing and other real estate activities with consulting services, training, documents and forms. RESS also accepts, manages and sells endowment real estate received via gift and bequest, and consults with campus foundations.

Position Summary
As a member of the RESS team, the Senior Real Estate Officer is a technical expert in evaluating and negotiating the acquisition, lease, sale and development of property for the University. The position uses expert administration skills in providing leadership and professional services to attain the best use of the University's real estate assets which is strategic in carrying out the University's mission. It is responsible for managing a wide range of issues encountered in real estate transactions, interpreting University policy, navigating University practices and approval processes, and assuring transactions comply with University policy and best practices in the industry. The Senior Real Estate Officer is an expert in one or more of the disciplines within real estate with extensive decision-making and negotiation experience. The position may represent the real estate office in campus meetings, system wide forums, and meetings with external stakeholders related to field of expertise. Decision-making is based on established procedures and integration and / or interpretation of relevant laws, regulations and organization policy and professional best practices

Key Responsibilities

* 60% Leads negotiating teams to achieve optimal results for the University consistent with University policies and good business practices. Supports UC campuses with project management of the transaction, real estate analysis, development of transaction documents, technical expertise and policy and procedure review. Technical expertise covers property due diligence (including title review/correction and valuation); escrow coordination and close of escrow requirements; and asset management if necessary.

* 20% Ensures adherence to policies and procedures for approval of real estate transactions. Prepares and coordinates Regents items and delegated approval items for complex transactions and assures that such documents fully and clearly disclose transaction terms and issues.

* 10% Performs complex financial and other forms of real estate analysis. Plans and directs transactions to fit within the University policy framework while still creatively structuring the transactions to achieve the desired results.

* 10% Provides leadership to all UC locations in strategic planning and guidance on real estate transactions. Advises Office of the President leadership on real estate matters including market analyses and financial feasibility analyses for real estate transactions, transaction structuring and alternatives, site selection and solicitation (i.e. RFPs), and development and property management issues.

Experience
Required Qualifications

* Min 10 years Real estate related experience

Skills and Abilities
Required Qualifications

* Expert knowledge of real estate principles and practices, methods and procedures used in competitive real estate transactions, including value analysis and financing, site selection techniques, and applicable rules, regulations, laws, policies, guidelines and practices.

* Advanced organizational, presentation and negotiation skills.

* Advanced written, verbal and interpersonal communication skills, including the ability to deal with broad and diverse constituencies with expert customer service orientation and skills.

* Advanced listening and political acumen skills, and problem recognition, avoidance and resolution skills.

* Demonstrated ability to prioritize assignments, work independently or as a member of a team, as well as be responsive to supervision, exercise excellent business judgment and find creative solutions to problems.

Preferred Qualifications

* Advanced knowledge of real estate law, the California Public Contract Code and applying public agency or corporate rules, guidelines, policies and practices to real estate transactions.

* Expert knowledge of and skills in business transactions in a complex legal and policy environment.

* Experience in real estate development and ability to apply knowledge from a wide range of associated subject areas including urban planning, entitlement process, environmental review, community engagement, design and construction, finance, contracting, capital projects, economic development and infrastructure.

Education
Required Qualifications

* Bachelor's degree in related area and / or equivalent experience / training

Licenses and Certifications
Required Qualifications

* Valid California Driver's license

Preferred Qualifications

* California Real Estate Salesperson's or Broker's license preferred.

SPECIAL CONDITIONS

Travel Requirements
5% Occasional Campus Visits

SALARY AND BENEFITS

Job Title
Real Estate Officer 5

Job Code
00238

Salary Grade
Grade 27

Pay Scale:
$165,000 - $185,000, commensurate with experience.

Full Salary Range:
$129,600 - $254,400

The University of California, Office of the President, is required to provide a reasonable estimate of the compensation range for this role. This range takes into account the wide range of factors that are considered in making compensation decisions including but not limited to experience, skills, knowledge, abilities, education, licensure and certifications, and other business and organizational needs. It is not typical for an individual to be offered a salary at or near the top of the range for a position. Salary offers are determined based on final candidate qualifications and experience. The full salary range shows the growth potential for this position and the pay scale is the budgeted salary or hourly range that the University reasonably expects to pay for this position.

Benefits: For information on the comprehensive benefits package offered by the University visit:

ADDITIONAL INFORMATION

HOW TO APPLY

Please be prepared to attach a cover letter and resume with your application.

APPLICATION REVIEW DATE

The first review date for this job is September 22, 2023. The position will be open until filled.

CONDITIONS OF EMPLOYMENT

Background Check Process: Successful completion of a background check is required for this critical position.

Smoke Free Work Environment: The University of California, Office of the President, is smoke & tobacco-free as of January 1, 2014.

August 2021 Update: The University of California has issued a policy requiring employees to be fully vaccinated against COVID -19 before physically accessing the University location or programs. Upon hire into a UCOP position, you will be provided detailed instructions on how to comply with this policy including access to the COVID vaccination at no cost. New hires to UCOP who work onsite or will come onsite for any activities at a UCOP or other UC location must comply with this policy within 8 weeks after their start date. The policy allows for employees to request approval for an exception or deferral.

EEO STATEMENT

The University of California, Office of the President, is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age or protected veteran status.

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