Senior Advisor – Real Estate Job Washington area,District of Columbia USA,Real Estate/Property

The Office of the Deputy Mayor for Planning and Economic Development (DMPED) assists the Mayor in the coordination, planning, supervision, and execution of economic development efforts in the District of Columbia with the goal of creating and preserving affordable housing, creating jobs, and increasing tax revenue. More information is available at dmped.dc.gov.

DMPED is seeking a Senior Advisor for its Real Estate Development unit. The Real Estate Development unit implements real estate development projects involving District-owned land and executes other real estate initiatives that support the District’s goals for economic prosperity and stronger neighborhoods in all 8 Wards. This unit is engaged in activities including the disposition and development of a diverse portfolio of real estate development projects with private sector partners;
Downtown revitalization; executing on the DC Comeback plan; master planning initiatives; and special projects, including public-private partnerships involving public infrastructure and facilities.

Position Description:

The Senior Advisor – Real Estate will be part of DMPED’s Real Estate Development Unit. The Senior Advisor will join a team of real estate professionals working on projects encompassing all real estate product types with varying degrees of complexity. The position will be responsible for providing strategic guidance and expertise to the Real Estate leadership team on key issues concerning real estate development, planning, finance, and disposition functions within the real estate unit.

The position will also provide guidance and recommendations related to policy development and improved regulatory efficiency. The ideal candidate will draw on private sector expertise in real estate development and project management to provide creative, data-driven, and market-responsive solutions and strategies to advance critical economic development objectives through sustainable real estate development practices. Other responsibilities may include providing analytical, organizational, and management support on multifamily, commercial, and mixed-use real estate projects within the DMPED portfolio.

Key Responsibilities:

Collaborates with the senior management team and business units within DMPED to identify real estate and economic development opportunities across all real estate sectors.

Assesses feasibility for potential real estate development opportunities that will serve as a catalyst for generating community and financial benefits for the District and District residents.

Provides strategic advice on real estate development projects and initiatives, including critical analyses and recommendations on design, cost, finance, and disposition activities.

Directs and manages the activities of retained consultants in support of program/project development, including surveyors, appraisers, architects and engineers, market and financial analysts, legal counsel, and real estate advisors.

Advises on the coordination of planning efforts with city officials, District agencies, Advisory Neighborhood Commissions (ANCs), community groups, and other stakeholders.

Provides guidance and leadership across the real estate team to improve knowledge, expertise, and efficiency across the team.

Reviews, analyzes, and provides guidance on the negotiation of joint venture development agreements, land disposition agreements, leases, and purchase contracts.

Ensures adherence to project objectives, budgets, and schedules.

Briefs DMPED senior staff and elected officials on project financials and business terms and leads the DMPED approval process for each project.

Attends/conducts staff meetings, seminars, and workshops and sits on or chairs various committees.

Provides analysis, guidance, and recommendations regarding project and portfolio performance reports.

Briefs DMPED senior staff and elected officials on project plans, financials, and underwriting. Conducts presentations and meetings with community stakeholders.

Provides analysis, guidance, and recommendations regarding the disposition of District-owned land, as well as gap financing agreements for related DMPED projects.

Performs other…


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