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Real Estate Development
Executive Director of Real Estate Development
Texas A&M University, Division of Finance
The Executive Director of Real Estate Development will be responsible
for leadership and oversight of a mixed-use development real estate
venture referred to as Campus Pointe, including without limitation
to ground leases, partnerships, sales, dispositions and acquisitions.
Campus Pointe will be located on approximately 88 acres of land
owned by the University in College Station, Texas. The development
may include retail and entertainment space, commercial office space,
housing, a convention/conference center and a hotel with condominiums.
Award of contract to the lead developer is anticipated for November
2007.
The University is also considering the purchase of additional property
contiguous to its property. The Executive Director of Real Estate
Development will be responsible for managing the evaluation and
potential purchase of this additional property.
The position requires a broad institutional perspective, driven
by an entrepreneurial approach, combined with finance, marketing,
strategic planning and facilities master planning skills, as necessary
to facilitate the mixed-use development. The position ensures that
all real property transactions are completed in an effective and
timely manner for the benefit of the University.
The position reports directly to the Associate Vice President and
Chief of Staff in the Office of the Senior Vice President and Chief
Financial Officer. The position will receive guidance from and serve
as lead staff for the Campus Pointe Task Force (comprised of members
of the Texas A&M University System Board of Regents and university
administrators). The position will also interface with the Board
of Regents (which has ultimate authority to approve the agreement
with the selected lead developer for the project) and the Office
of the President.
Responsibilities:
* Oversees the development, implementation and evaluation for a
mixed-use development venture including management of the Request
for Proposals process.
* Works with the Campus Pointe Task Force in the selection of a
lead developer for the project.
* Ensures the optimal management and implementation of the prospective
real estate venture for the University.
* Manages and coordinates acquisitions, site assembly and dispositions
in furtherance of the real estate development project.
* Responsible for providing broad-based technical, qualitative and
analytical assessment for planning, evaluating, implementing and
expediting the real estate venture of the University in compliance
with internal approvals and governance policies.
* Ensures compliance with regulations and implementation of Board
of Regents’ policies related to the real estate venture and
proposes revisions where necessary.
* Serves as liaison on issues related to the real estate venture
among the various administrative units of the university and within
the Division of Finance and System Real Estate Office.
* Holds primary responsibility for relationship management with
all partners, including developers, architects, management companies,
attorneys and city administrators.
* Negotiates documents related to real estate development deal.
* Communicates orally and in writing with all parties, including
regulatory officials, funding agencies and other governmental entities
regarding issues related to the development process.
* Performs project site inspections and / or visits as needed.
* Performs other related duties as required.
Salary:
$110,000 to $125,000 per year (may be negotiable based on qualifications
and experience)
Qualifications:
* Bachelor’s degree in business or related area with a minimum
of 10 years experience in real estate management, real estate development,
real estate transactions, and/or financial planning for real estate
and a minimum of 5 years of extensive commercial real estate transactional
experience involving public and private partnerships.
* A Master’s degree or better in a relevant field such as real
estate, finance or law is preferred.
* Wide-ranging knowledge of complex real estate transactions, tax-exempt
revenue bond financing, major facility design and associated legal
contracts.
* Must work well under pressure, meet multiple and sometimes competing
deadlines and demonstrate cooperative behavior with colleagues,
supervisors, direct reports and third parties.
* Thorough knowledge of computer applications including databases
and spreadsheets is also required.
* Excellent leadership and supervisory skills.
* Effective writing and public speaking abilities.
* Appropriate registrations, licenses and memberships are preferred.
To inquire about this position, contact:
Laurie Wilder
Baker-Parker Global Executive Search
770.804.1996 ext. 109
AUREO REFERRAL: Jeffrey Potter, jeff.potter@duke.edu
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