20% - Strategic Real Estate Leadership:
- Lead the universitys real estate strategy to optimize the use of university-owned and leased properties.
- Provide vision and guidance for long-term real estate planning identifying opportunities for growth consolidation and development of the real estate portfolio.
- Establish and implement policies and procedures for real estate management and leasing across the institution ensuring compliance with existing Federal State and Kansas Board of Regents policies and procedures.
- Advise present and report to university leadership recommendations on strategic real estate opportunities risks and market conditions
- Develop negotiation strategies for existing and potential real estate holdings.
- Provide technical and financial expertise to evaluate and negotiate complex transactions on all campuses including the Lawrence/Edwards campus and Medical Center Campus as well as all affiliated corporations and auxiliaries.
20% - Real Estate Portfolio Management:- Oversee the full lifecycle of real estate management from acquisition to disposition for both owned and leased properties.
- Ensure that properties are efficiently managed maintained and utilized to support the universitys academic research and administrative functions.
- Maintain a comprehensive inventory of all properties tracking leases conditions and performance metrics.
- Administer ground leases and ensuring compliance with lease terms and conditions.
- Provide pre-transaction analysis (e.g. pro-forma modeling zoning & campus plan analysis feasibility and sensitivity etc.) and related research for all university real estate issues.
- Solicit and engage professional contractors as needed to assist the University in its efforts to acquire/dispose of real estate (e.g. appraisers attorneys title companies real estate brokers/agendas).
- Oversee third-party property managers as applicable
15% - New Leased Space Needs & Negotiations:- Lead the identification and review process for any new leased space requirements across university departments.
- Work closely with university leadership to understand and anticipate space needs and coordinate the strategic placement of new leased properties.
- Manage the negotiation and leasing process ensuring favorable terms and alignment with the universitys budget and strategic priorities.
- Coordinate the evaluation of potential new properties conducting due diligence financial assessments and market analysis.
15% - Real Estate Development & Acquisition:- Drive the identification planning and execution of real estate development projects that align with the universitys goals including new buildings facilities and campus expansion.
- Evaluate and recommend real estate acquisitions sales or leases to optimize the universitys holdings and financial position.
- Ensure that development projects meet university requirements and comply with zoning environmental and regulatory standards.
10% - Financial Oversight & Budgeting:- Maintain asset management of owned assets with overarching goal of improving financial returns mitigating risk and ensuring first class operating standards as well as developing and managing short and long-term capital requirements.
- Provide regular financial modeling budgeting and forecasting on property performance occupancy financial outcomes and cost-saving initiatives to senior leadership.
- Monitor market trends including rent rates and real estate values to ensure that the university is leveraging favorable terms in leasing and development.
- Build maintain and update asset databases to generate established reports in a timely manner.
10% - Leadership & Collaboration:- Collaborate and coordinate with multiple university and campus offices such as the Office of General Counsel Office of Audit Risk and Compliance Facilities KU Endowment Association University of Kansas Health System Athletics and other stakeholders as needed on University acquisitions disposals leases licenses gifts donations and sales of property.
- Serve as the primary point of contact for external stakeholders including property owners brokers legal counsel and government agencies.
10% - Compliance & Risk Management:- Ensure compliance with all local state and federal regulations including zoning laws building codes and real estate contracts.
- Proactively identify and manage risks related to property ownership leasing and development activities.
- Implement strategies to protect the universitys real estate assets and mitigate potential legal or financial liabilities.
- Research and distribute tax documents tax maps and deed information as needed to provide others with accurate and current real estate information.
DisclaimerThe University of Kansas prohibits discrimination on the basis of race color ethnicity religion sex national origin age ancestry disability status as a veteran sexual orientation marital status parental status gender identity gender expression and genetic information in the universitys programs and activities. Retaliation is also prohibited by university policy. The following person has been designated to handle inquiries regarding the nondiscrimination policies and is the Title IX coordinator for all KU and KUMC campuses: Associate Vice Chancellor for Civil Rights and Title IX Room 1082 Dole Human Development Center 1000 Sunnyside Avenue Lawrence KSTTY.
Work ScheduleM-F 8-5; 40 hour week
Contact Information to ApplicantsHeather Blanck;
- Bachelors degree in Real Estate Business Administration Urban Planning or a related field and a minimum seven (7) years relevant experience or a Masters degree or higher in a relevant area of specialization and minimum five (5) years relevant experience.
- Experience in leasing development and property acquisition.
- Experience in real estate portfolio and asset management.
- Proven experience in negotiating complex leases and development contracts as evidenced by application materials.
- Demonstrated analytical technical and problem-solving skills with an attention to detail as evidenced by application materials.
- Excellent interpersonal and communication skills as demonstrated in application materials.
This position requires a formal degree in the cited discipline area(s) to ensure that candidates have advanced knowledge analytical skills and professional competencies necessary to perform the duties of the position. The level of degree is commonly recognized as the standard qualification for similar roles in the public and private sector ensuring that the university remains competitive with industry aligned practices enhances collaboration with external partners and supports the delivery of services and programs that meet professional and market-driven expectations.- Work experience that required advanced analytical skills and experience in real estate financial modeling as evidenced by application materials.
- Work experience that required flexibility strong interpersonal skills ability to work as part of a team as well as independently in a rapidly changing work environment as evidenced by application materials.
- In-depth knowledge of real estate laws development processes and market trends as evidenced by application materials.
- Five (5) years of experience with Microsoft Office Suite.
- Work experience that required effective engagementwith senior leadership and external stakeholders as evidenced by application materials.
Position OverviewWorking under the Office of the Chief Financial Officer (CFO) the Director of Real Estate serves as the primary resource on all real estate matters at the University of Kansas (University) for all campuses and affiliates. This one-university position provides leadership and oversees the operations related to the universitys real property assets to include asset management portfolio management property management development disposition and leasing while ensuring compliance with established university plans policies and directives. The ideal candidate will be resourceful and have a customer-service focus. They must thrive in a fast-paced environment and work well with minimum supervision.
Additional Candidate InstructionIn addition to the online application the following documents are required to be considered for this position:
- Cover letter describing how you meet the required and preferred qualifications.
- Resume/CV.
- List of three (3) professional references.
Only complete applications will be considered.
Review of applications will begin Tuesday September 2nd and continue until a qualified pool of applicants is identified.Required Experience:
Director