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City of Milwaukee · 5 hours ago

Real Estate Development Specialist

Milwaukee, WI

Full-time

Onsite

Mid, Senior Level

$92K/yr - $105K/yr

3+ years exp

The City of Milwaukee is seeking a Real Estate Development Specialist to advance economic and housing development goals by managing complex real estate acquisition and disposition projects. The role involves coordinating with various stakeholders, overseeing property management, and supporting economic development initiatives within the city.

GovernmentNon ProfitOffice Administration

Hiring Manager

Kobena-Marcus J. Collins, M.Ed. (He/Him/His)

Responsibilities

Manage real estate disposition projects, including analyzing commercial, industrial, and vacant lot real estate acquired through tax foreclosure or by the Redevelopment Authority of the City of Milwaukee (RACM)

Inspect properties inside and outside in all neighborhoods of the City

Price properties for sale; research properties before sale. Manage the marketing of properties through multiple listing services, review offers to purchase, evaluate proposals, and complete buyer background assessments

Manage real estate closing process with buyers, including preparing closing statements and transaction documents, attending or performing closings, and preparing and recording deeds with the Milwaukee County Register of Deeds

Manage the disposition of surplus Milwaukee Public Schools (MPS), Milwaukee Public Library (MPL), and other municipal properties by creating requests for proposals, preparing marketing materials and correspondence, and coordinating with City officials and staff

Coordinate and execute work with other governmental agencies to achieve the acquisition of privately-owned property (eminent domain)

Attend public meetings on behalf of the DCD regarding relevant projects. Present files and sales to the Common Council and other relevant boards, such as the City Plan Commission, for approval

Lead coordination within the Department of City Development (DCD) and in collaboration with other City departments on real estate functions, including obtaining street/alley dedications, coordinating proposal review and closings to align with concurrent planning, zoning, and incentive reviews, and combination/division of land

Work with stakeholders to review easements, present easements to the Common Council for approval, execute documents for projects involving City real estate, record easements, and distribute recorded copies to various City departments

Prepare tenant relocation plans in accordance with all applicable federal and state laws

Establish tenant eligibility, provide technical advice, and compute financial benefits for residents and businesses displaced by actions of the City in the furtherance of blight elimination and revitalization objectives

Act as a relocation consultant, providing advice to displaced persons and entities providing relocation benefits

Develop and maintain partnerships with existing area businesses, residents and non-profit organizations to advance real estate initiatives

Assist with applying for and managing grants to support industrial area redevelopment and economic development initiatives

Coordinate with public and private partners on issues related to job creation, freight movement needs, and infrastructure improvements to support economic development initiatives within the City’s manufacturing and industrial areas

Coordinate and manage consultant and construction contracts within industrial and brownfield areas, including the planning and development of necessary infrastructure improvements on land

Negotiate agreements with public and private sector partners. Coordinate required public approvals for infrastructure and development activities, and coordinate with stakeholders

Serve as project manager, coordinating economic development and real estate-related activities at large-scale sites owned by the City of Milwaukee and RACM

Facilitate real estate transactions, providing technical assistance to developers, and coordinating with various City departments and other agencies to promote economic development, investment, brownfield cleanup, and job attraction and retention

Serve as property manager and primary tenant point of contact for project areas

Coordinate and manage consultant and construction contracts for facilities management of properties, buildings, and tenants

Negotiate and draft license and lease agreements on City and RACM-owned commercial property

Qualification

Real Estate AcquisitionProperty ManagementProject ManagementReal Estate Broker's LicenseProperty AppraisalHazardous Material ManagementUrban PlanningCommunication SkillsCustomer ServiceEffective Written CommunicationVerbal Communication

Required

Bachelor's degree in real estate, construction management, urban planning, architecture or similar field from an accredited college or university

Three years of professional experience in the acquisition and/or disposition of real estate or performing similar duties related to the position

Valid driver's license and the availability of a properly-insured personal vehicle for use on the job at the time of appointment and throughout employment

Bachelor's degree in real estate, construction management, urban planning, architecture or similar field from an accredited college or university

Four years of professional experience in the acquisition and/or disposition of real estate, economic development, engineering project management, or performing similar duties related to the position

Valid driver's license and the availability of a properly-insured personal vehicle for use on the job at the time of appointment and throughout employment

Knowledge of real estate sales and marketing principles and techniques

Knowledge of real estate, urban planning, architecture, and construction initiatives and principles

Familiarity with commercial real estate processes including appraisals and broker price opinions, purchase and sale agreements, financial feasibility, easements, reading and interpreting title reports and closing statements, and federal and state relocation laws

Ability to read, interpret and apply laws, codes, and regulations

Knowledge of mapping, platting, and legal descriptions

Ability to establish and maintain effective working relationships with elected officials, City staff, developers, property owners, and the general public

Customer service skills to ensure exceptional service is provided

Effective written communication skills to create clear and concise business correspondence, develop marketing and community outreach materials, and prepare reports

Verbal communication skills to communicate effectively with a wide variety of people (property owners, developers, contractors, co-workers, and community organizations) in person, over the telephone, and in public settings