Senior Real Estate Officer

Immediately

$10,800 monthly negotiable depending on qualifications

40.00 Standard from 8:00 AM to 5:00 PM

A resume and letter of interest is required to apply. Candidates under final consideration will also be required to submit professional references, college degree information, and employment history to an online third-party vendor.

For more than 140 years, The University of Texas System has improved the lives of Texans - and people all over the world - through education, health care, and research. The System consists of nine academic institutions, five health institutions, and The University of Texas System Administration. The institutions of the UT System employ more than 116,000 faculty, health care professionals, researchers, support staff, and student workers.

The UT System Administration is primarily based in Austin, Texas. It supports the missions of the System's fourteen institutions by providing financial, legal, planning, purchasing, government relations, communications, development, and other central services. Serving a growing state, the UT System Administration strives to provide a welcoming, supportive work environment that embraces different perspectives - not only because it enables the organization to be stronger, creative, and thoughtful, but because it is the right thing to do. To that end, UT System Administration embraces state laws on military and former foster children employment preferences.

The Real Estate Office is a department in the Division of Business Affairs. We are a full-service real estate department composed of business officers, supported by specialists and administrative staff. We provide business support regarding real property matters to our academic and health institutions, as well as directly oversee certain real property matters on their behalf. The selected candidate will report to the Assistant Director of Real Estate and acquire, sell, lease, develop and manage real estate assets and assist institutions with campus real estate transactions that are critical to the mission of the UT System. The Real Estate Office provides business advice on transactions including purchases, sales, space leases to and from third parties, and ground leases.

• Analyzes, negotiates, and advises campuses on leases of space as lessor and/or lessee.
• Negotiates the sale, acquisition, and lease of endowment, trust, and campus real estate assets.
• Assists and advises university campus real estate offices regarding sophisticated real property transactions.
• Coordinates the closing requirements of complex sale, purchase, easement, and lease transactions.
• Performs real estate financial and valuation analysis.
• Reviews and processes proposed gifts of real estate.
• Coordinates due diligence efforts in connection with real estate acquisitions.
• Consults with appropriate university officials and provides routine updates regarding campus real property assets and real property assets held in trust for their respective institutions.
• Works collaboratively with the Office of General Counsel, Office of Risk Management, and other departments as necessary, on assigned transactions.
• Prepares assigned real estate Board items for Board meetings.
• Reviews and processes lease abstracts, files, and closing binders.
• Other duties as assigned.

• Service-oriented individual who thrives in, and can promote, an atmosphere of collaboration and problem solving.
• Demonstrated ability to function in a complex environment and collaborate with our diverse clients, including UT System's executives, academic, business and health leaders.
• Strong oral and written communication skills, strong customer service orientation, and demonstrated sound financial analytical skills and business judgment.
• Knowledge of or the ability to become quickly educated in laws, rules, and policies applicable to real estate transactions by a State agency.
• Ability to keep information strictly confidential and manage multiple projects, changing priorities, and a continually heavy workload.
• Ability to take initiative, work independently, and collaborate with a team.

Bachelor's degree and at least six (6) years applicable experience.

Applicable experience includes work in the following areas: brokerage, real estate consulting, appraisal, real estate development, real estate investment, sales, acquisitions, commercial space leasing, or ground leasing.

• Master's degree in specific area of study, including business, real estate, or related field.
• Substantial experience in negotiating commercial leases.
• Experience negotiating ground leases.
• Knowledge or experience working with university or state agency real estate operations.
• Intermediate to advanced skills in Microsoft Word and Microsoft Excel.

• May work around standard office conditions
• Repetitive use of a keyboard at a workstation
• Uses standard office equipment
• Requires occasional evening or weekend hours
• Hybrid work environment (remote & office)

The retirement plan for this position is Teacher Retirement System of Texas (TRS), subject to a minimum of 20 hours per week and at least 135 days in length.

A background check will be conducted on candidates under final consideration. The background check may include any or all of the following: criminal history check, prior employment verification, education verification, professional references check, and motor vehicle records check. Background checks are conducted by third-party vendors. Upon request form the third-party vendor, candidates under final consideration must provide the required information for the background checks to be completed.

The University of Texas System Administration is a federal contractor committed to providing equal employment opportunity for all qualified applicants and employees in all terms and conditions of employment. U. T. System will provide equal employment opportunity to all qualified persons and will not discriminate on the basis of race, color, sex, sexual orientation, gender identity/expression, pregnancy, religion, national origin, age, disability, genetic information, protected veteran status, or any other characteristic protected by federal or state laws.

For information on accommodations for individuals with disabilities, please contact the Office of Talent and Innovation at oti@utsystem.edu.