Director of Real Estate Development

Clear Channel Outdoor•Sacramento, CA

40d•$135,000 - $145,000•Onsite

About The Position

The Director of Development, Northern California for Clear Channel Outdoor will have an exciting opportunity to develop new outdoor Advertising Assets while building relationships at all levels of government. Strategically manage and grow the region's portfolio of real estate assets while successfully navigating the federal, state & local regulatory environment and making strategic / tactical decisions about site location, entitlements, design, budgeting, construction and/or acquisition of real estate assets.

Requirements

Bachelor's degree preferred or equivalent combination of education, training, experience, or military experience.
5 years real estate experience, preferably in charge of either significant portfolio management and/or the entitlement process for a real estate leasing/development firm.
2 years management experience required, preferably in a related field.
Relevant experience in managing 3rd party vendors.
Knowledge of market demographics.
Draft, read and comprehend complex and persuasive business correspondence.
Ability to read and comprehend maps, blueprints, and site plans.
Strong computer skills required for detailed research and analysis.
Ability to understand and calculate basic IRR analyses and proformas.
Extensive knowledge of real estate principles and practices with an emphasis on field work including lead generation and application of regulations.
Knowledge of media and advertising industry, business cycles, key revenue and expense drivers.
Deep and broad business acumen with strong analytical, critical thinking, decision making, negotiating, and problem-solving skills focused on achieving business results.
Proficient in Microsoft software applications (i.e., Word, Excel, Outlook, and PowerPoint).
Able to accurately assess situations, perform root cause analysis, and provide solutions.
Extensive experience responding to RFPs and creating exceptional proposals.
Excellent verbal and written communications skills including acumen in delivering presentations.
Has a valid driver's license.
Access to a reliable vehicle.

Nice To Haves

Graduate degree or a real estate license preferred.

Responsibilities

Knows, understands, and complies with applicable Federal, state regulations, local rules, and ordinances
Negotiates existing and new lease agreements with favorable terms.
Works with legal counsel in all matters involving zoning, relocation, permitting, lease contract negotiations, and supports any legal actions.
Identifies viable development opportunities including competitive inventory.
Works with Building, Electrical, General Contractors, Surveyors and Engineers.
Identifies, secures, permits, and orchestrates the building of new assets in the market.
Works with State, County, and City officials on all matters pertaining to the development of new assets and all relocations.
Attends regulatory and public hearings.
Pursues modernization of existing ordinances, to provide for the use of current technology such as digital format
Collaborates with the VP Real Estate and VP Public Affairs to achieve shared market goals and objectives.
Manages Development Rep.
Joins select chambers of commerce/boards and participates regularly in events to positively represent Clear Channel Outdoor in the community.
Performs other duties as assigned.

Benefits

Multiple Medical, Dental, and Vision Plans to choose from
Health Care Spending Accounts (HSA and FSA Options)
Medicare Assistance
Dependent Care Flexible Spending Account
Optional Short Term and Long Term Disability Plans
Company Paid Employee Life and AD&D Insurance
Supplemental Life and AD&D Insurance (Employee/Spouse/Child)
Voluntary Benefits: Critical Illness, Accident, Identity Theft Protection, Legal Assistance, and Pet Insurance
Pre-Tax Commuter Spending Account
Employee Assistance Program (EAP), including access to the Calm app
401(k) Savings Plan with company match
Paid Time Off (Accrued Vacation and Sick Plans)
Discounted Gym Memberships
Professional Development Opportunities
Employee Resource Groups