Description

Department VP for Facilities, Office of
Category Facilities Management and Physical Plant
Job Type Full-Time

Overview

Reporting to the Director of Real Estate within the Facilities Organization, the Manager of Real Estate Transactions will play a critical role within the Real Estate Office in strengthening the administration and management of University real estate transactions and the University real estate portfolio. This role supports Princeton's off-campus holdings and operational excellence by ensuring effective stewardship of its real estate assets.

Responsibilities

Real Estate Management

• Support complex real estate transactions, included but not limited to acquisitions, dispositions, ground leases, and P3 initiatives, by setting strategic goals and managing multi-faceted transactional elements from inception to completion
• Assist in overseeing the day-to-day management of the University's real estate portfolio, including engaging marketplace owners, developers, asset managers, and brokers
• Prepare and meaningfully analyze complex real estate related proformas to inform and drive the decision-making process, including finding efficiencies and opportunities within the portfolio
• Perform a broad array of real estate related duties and assignments in the daily oversight and management of a large-scale, mixed-use, institution-owned real estate portfolio
• Manage multiple, varied concurrent real estate projects, including implementation (design documents, bid specifications, procurement process, etc.), progress monitoring, maintaining accurate project schedules and on-time delivery
• Manage specific real estate related responsibilities with strict attention to detail and follow-through involving real estate contracts and agreements
• Assist in the preparation of project based and annual asset budgets and develop project specific financial reports

Relationship Management

• Work to achieve consensus with project stakeholders and maintain positive working relationships with university staff, third party vendors, clients, local municipalities, and industry professionals
• Attend necessary municipal meetings, conferences and real estate industry events to advance industry connections and partnerships

Qualifications

• Bachelor's degree in a relevant field such as real estate, engineering, architecture, or equivalent combination of education and experience.
• A minimum of 2-5 years of experience in the real estate industry and related fields.
• Familiarity with real estate finance, contract law, financial structuring & reporting, real estate partnerships and joint ventures.
• Demonstrated sound judgment and experience in decision-making within complex organizational environments.
• Excellent oral and written communication skills as well as the ability to develop and maintain effective customer relationships within a team approach to project management.
• Self-motivated with the ability to manage multiple complex projects with varying scope and multiple stages of completion.
• Strong interpersonal skills with the ability to assertively and collaboratively drive project outcomes. Effective organizational, prioritization and multi-tasking skills.

Princeton University is an Equal Opportunity and all qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability status, protected veteran status, or any other characteristic protected by law.

The University considers factors such as (but not limited to) scope and responsibilities of the position, candidate's qualifications, work experience, education/training, key skills, market, collective bargaining agreements as applicable, and organizational considerations when extending an offer. The posted salary range represents the University's good faith and reasonable estimate for a full-time position; salaries for part-time positions are pro-rated accordingly.

If the salary range on the posted position shows an hourly rate, this is the baseline; the actual hourly rate may be higher, depending on the position and factors listed above.

The University also offers a comprehensive benefit program to eligible employees. Please see this link for more information.

Standard Weekly Hours
36.25

Eligible for Overtime
No

Benefits Eligible
Yes

Probationary Period
180 days

Essential Services Personnel (see policy for detail)
No

Physical Capacity Exam Required
No

Valid Drivers License Required
No

Experience Level
Mid-Senior Level

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Salary Range
$100,000 to $113,000

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