Maryland Transit Administration Red Line Director of Real Estate (Program Manager Sr I-5482)
Office of Real Estate/Transit Development & Delivery/Administration
Executive Service
“Open Until Filled”
*This position serves at the pleasure of the appointing authority*
**Bilingual applicants are encouraged to apply**
Are you seeking a job where your work is rewarding and provides excellent benefits? The Maryland Transit Administration (MTA) invites you to apply today to be considered for a position that provides customer service to the citizens of Maryland every day. The MTA is one of the largest transit systems in the United States and is seeking dynamic and energetic individuals to join the MTA team.
DESCRIPTION
The Maryland Transit Administration (MTA) is recruiting for a Red Line Director of Real Estate to join our team. The Red Line Director of Real Estate serves as the Program Manager for MTA’s Red Line Transit Project. This critical role involves developing and implementing real estate acquisition strategies to support the project’s success. The Director of Real Estate collaborates extensively with Federal, State, and Local government officials, elected representatives, consultants, attorneys, and property owners.
This position reports directly to the Red Line Deputy Project Director and involves overseeing and managing sections within the Red Line office, consisting of both MTA and consultant staff.
KEY RESPONSIBILITIES
- Oversee the acquisition of real property rights for the MTA Red Line Transit Project.
- Manage significant right-of-way acquisition efforts in both Baltimore City and Baltimore County.
- Ensure compliance with legal and regulatory requirements during property acquisition.
- Develop and refine policies and procedures related to real estate acquisition.
- Establish guidelines for property negotiations, valuation, and due diligence.
- Streamline workflows to enhance efficiency in real estate transactions.
- Coordinate with internal teams and external stakeholders to facilitate smooth processes.
- Prioritize real estate acquisition activities based on project needs and timelines.
- Balance competing demands to achieve project milestones.
- Manage consultant teams involved in real estate negotiations, appraisals, and title searches.
- Provide guidance to agency staff handling Red Line real estate matters.
IDEAL CANDIDATE:
- Strong negotiation skills.
- Financial analysis and budgeting.
- Familiarity with real estate deal economics.
- Organizational and strategic planning abilities.
- Understanding of property financials and investment evaluation.
This vacancy is located in Baltimore, MD.
PREFERRED QUALIFICATIONS:
Education: A bachelor’s or master’s degree in Real Estate, Business, Finance, Management, Business Administration, MBA, Accounting, Education, Marketing, or Economics. In lieu of a bachelor’s degree, a high school diploma or GED and an additional seven (7) years of experience in real estate may be considered.
Experience: Minimum of 6 years of relevant experience in real estate, including a proven track record in property acquisition, development, management, and compliance with legal and regulatory requirements. This experience should encompass negotiation, financial analysis, strategic planning, and effective collaboration with stakeholders.
Notes:
- Additional experience in administrative or professional work may be substituted on a year-for-year basis for the required education.
- Additional graduate-level education at an accredited college or university may be substituted at the rate of 30 semester credit hours on a year-to-year basis for the required general experience.
- Candidates may substitute U.S. Armed Forces military service experience involving staff work related to the administration of rules, regulations, policies, procedures, and processes, or overseeing or coordinating unit operations or functioning as a staff assistant on a year-for-year basis for the required education and experience.
SPECIAL REQUIREMENTS
Eligible applicants may be subject to a background investigation under federal or State laws and regulations. A conviction is not an automatic disqualification to employment. Erroneous, misleading or fraudulent information on an application is sufficient grounds for rejection from the hiring process.
TO APPLY:
You must complete a Maryland Department of Transportation (MDOT) employment application (Form DTS-1) to be considered for this recruitment. Resumes may not be substituted for the application. It is essential that the application is filled out completely and accurately, listing all relevant experience in detail and addressing the specific requirements shown above. Please include all relevant experience on your application.
Applications must be completed and submitted online by registering at https://www.governmentjobs.com/careers/mdotmd.
MDOT MTA is an Equal Opportunity Employer. MDOT MTA Does Not Discriminate Based On: Age, Ancestry, Color, Creed Gender Identity or Expression, Genetic Information, Marital Status, Mental or Physical Disability, National Origin, Race, Religious Affiliation, Belief or Opinion, Sex or Sexual Orientation or any other protected status.
Issue Date: 5/16/2024
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