Owned Real Estate Transaction Manager - DR028
About The Position
The DGS Division of Real Estate Services (DRES) seeks to hire a real estate professional to serve as a Transaction Manager for the oversight of the Commonwealths’ owned real estate interests, primarily focused on natural resource acquisitions and in support of the Commonwealths’ natural resources agencies. DRES supports state departments, agencies and institutions and their public missions by providing real estate solutions that are cost effective and functionally supportive, and to manage the Commonwealth's broad real estate portfolio, ensuring compliance with applicable laws, policies, procedures, guidelines, and best practices. As part of the Owned Property team, this Transaction Manager supports DRES by providing effective leadership and direction in developing and achieving strategic goals for acquisition, use, and disposal of real property interests for Agencies of the Commonwealth. The position helps ensure that client agencies receive timely real estate services and are provided the facilities they need at the most economical cost. The position provides expert advice and assists agencies in strategic planning, defining facility needs, selecting facilities that meet those needs, obtaining necessary services, conducting and negotiating transactions, and reviewing transactions and documents to make informed recommendations for approval by the Governor.
Requirements
- Knowledge of real estate principles, practices, and laws.
- Experience negotiating and managing the acquisition and disposal of real estate interests from start to finish.
- Experience examining title reports and policies, surveys, property descriptions, appraisals, environmental and property condition assessments, and lease and license documents.
- Experience analyzing commercial real estate transactions, including financials and transaction documents.
- Experience acting decisively and accurately in advising and assisting client agencies.
- Excellent verbal and written communication skills, including strong customer service and negotiating skills and experience effectively present ideas and concepts to co-workers, agencies, managers and vendors.
- Solid analytical and organizational skills and ability to multi-task.
- Ability to work independently and as part of a team.
- Skill in use of PCs, including experience with word processing software, spreadsheets, and real estate management software.
Nice To Haves
- Knowledge of laws, policies and guidelines governing conduct of real estate transactions by departments, agencies, and institutions of the Commonwealth of Virginia.
- Experience negotiating and managing the acquisition and disposal of commercial real estate interests.
- Experience drafting documents for real estate transactions.
- Familiarity with land acquisitions and easements.
- Experience with communication tower real estate transactions.
Responsibilities
- Draft and review real estate transaction documents.
- Understand and effectively communicate the requirements for and be able to conduct solicitations for and award assignments for performing, appraisals, surveys, title searches and insurance, environmental, property condition assessments, and Environmental Impact Reports.
- Effectively communicate at all stages of the transaction cycle, from the identification of acquisition site targets to capital outlay approvals, due diligence performance, and closing.
- Input data in the DRES database and ensure that transaction documentation is maintained.
Benefits
- excellent health benefits at affordable pricing
- pre-tax spending accounts
- paid life insurance
- paid Short- and Long-Term Disability benefits
- paid holidays
- vacation, and other leave benefits
- wellness programs
- state retirement plan with options for tax-deferred retirement savings including employer matching
- qualifying employer for the Public Service Loan Forgiveness Program
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
1-10 employees
