Career Opportunity

The City of Las Vegas invites applications for Real Estate Specialist for the Economic and Urban Development Department. This position manages and oversees the acquisition and disposition of properties owned by the city and the Redevelopment Agency (RDA); assists business owners, prospective buyers and tenants to secure commercial, office and retail space; manages and oversees real properties and maintains associated reporting systems; and performs a variety of public relations and administrative tasks related to assigned area of responsibility.

As an integral part of the Redevelopment Team, the ideal candidate will be a detail-oriented, team player experienced in project management. Be part of a dynamic team helping shape the future of the City of Las Vegas.

Supervision Received and Exercised

Receives direction from higher level management staff.

May act as a formal supervisor, exercising direct supervision, including selecting new employees, monitoring and formally evaluating employee performance, and participating in the discipline and termination of employees.

Examination Process:

A civil service examination will be conducted in accordance with the Civil Service Rules of the city of Las Vegas. The supplemental questions are the examination. Falsification of information may result in disqualification from a recruitment or removal from a City position. Additional information will not be accepted after the closing date. The supplemental questions are weighted 100% for placement on an eligible list, and must be worked on individually by the applicant only. The supplemental questions of all qualified applicants will be reviewed for placement on an eligible list.

ELIGIBLE LIST:

You must score 70% or higher on the examination to be placed on the eligible list. The eligible list will remain in effect for a period of 6 months from the date of certification and may be extended for a period of up to 2 years.

Selection Process:

Final candidate selection will include list placement and may include hiring interview (if applicable). Any individual offered employment will be required to pass a pre-employment drug test, complete background check, and may be required to demonstrate the ability to perform the physical requirements of the job. Some positions may require preliminary background checks.

Essential Functions:

1. Manages, negotiates and oversees the acquisition and disposition of real properties owned by the city and the Redevelopment Agency (RDA) within Las Vegas redevelopment areas; coordinates acquisitions and dispositions with the internal Real Estate Coordination Team and other departments with related real estate responsibilities; works with title companies and outside vendors as needed.
2. Assists the Redevelopment Manager in formulating long-term redevelopment and real estate strategies and property assessment analysis.
3. Recommends and assists in the implementation of section goals, objectives, policies and procedures. Assists with the annual development and submission of business plan measures. Prepares and presents monthly performance statistics and reports. Recommends and implements approved policies and procedures.
4. Develops and implements a quality retail development program within the RDA area and especially the core districts of downtown; markets redevelopment opportunities to potential retail tenants and business owners; coordinates with business owners, prospective buyers and tenants to secure commercial, office and retail space; advises developers on the timing of leasing planned retail space, and the type of retail best suited to the location.
5. Manages and oversees real properties owned by the city and the RDA; develops, maintains and oversees adequate monitoring and reporting systems; takes appropriate interdepartmental action, with management approval, to correct inappropriate conditions and situations.
6. Oversees financial performance of real estate assets and liabilities of the city and the RDA; recommends real estate assets for disposition to meet financial goals of the city and the RDA.
7. Ensures employees adhere to established work methods, techniques and schedules, and comply with applicable city and department policies, procedures, standards and specifications; reviews needs with appropriate management staff; allocates resources accordingly.
8. Attends and participates in various interdepartmental and professional group meetings. Stays abreast of current market conditions, new trends, programs and innovations. Brings acquisition opportunities to management's attention.
9. Develops, leads and directs regularly scheduled real estate tours of particular areas of interest in and near the RDA areas and various other industry related events; markets the activities and intentions of the RDA to the real estate and investment communities through regular public programs and functions.
10. Serves as liaison for the section with other city departments, divisions, public and outside agencies. Represents the section in various committees and work groups. Receives and responds to complex and sensitive issues. Handles inquiries and complaints from start through resolution in an efficient and timely manner.
11. Implements Special Improvement Districts and Community Area Vitalization Projects within the redevelopment areas, in accordance with Nevada Revised Statutes, in coordination with other department and city functions.
12. Monitors and maintains appropriate levels of supplies, equipment, and inventory to ensure efficient and effective operations. Participates in the procurement process, including researching materials, equipment, and vendors, assisting with specifications, and requisitioning materials as needed.
13. Participates in the preparation and administration of the section budget. Submits budget recommendations. Monitors all financial transactions, expenditures, and identifies and reports potential financial overruns and variances at an early stage. Prepares reports on actual and estimated revenues and expenditures.
14. Orders appraisals of RDA and city assets and potential acquisition and disposition properties, in accordance with Nevada Revised Statutes.
15. Develops a filing system and ensures that original legal documents are maintained in good order; maintains a variety of automated and manual logs, records and files.
16. Prepares purchase and sale agreements and leasing and licensing agreements; reviews title reports.
17. Assists all parties in the site selection process.
18. Monitors and manages the work of outside contractors for accuracy and completeness.

Marginal Functions:

1. Operates and secures assigned vehicle and other assigned equipment; determines whether vehicle is in good working order; maintains vehicle in clean and fueled condition.
2. Performs related duties and responsibilities as required.

Experience:

Five years experience in any, or a combination, of the following areas: redevelopment, economic development, land development, commercial real estate, land planning, regional economic analysis, marketing, business management, or a field related to the essential functions.

Training:

Bachelor's degree from an accredited college or university with a major in business, accounting, marketing, planning, economics, or a field related to the essential functions.

May substitute combination of equivalent education and related experience. The city assesses 1.5 years of fulltime experience as equivalent to one year of education.

License or Certificate:

Possession of an appropriate, valid driver's license on the date of application, and maintenance thereafter.

A Nevada Real Estate license is preferred.

Knowledge of:

Local commercial real estate market, including leasing.
Local commercial real estate trends.
Processes and procedures for the acquisition and disposition of commercial property and vacant land.
The needs and interests of developers, real estate brokers and business owners.
Local redevelopment programs and their benefits for business.
Principles of commercial real estate.
Methods and techniques of supervision, training and performance evaluation.
Techniques of negotiation.
Modern office procedures, methods and computer equipment.
Principles and procedures of record keeping.
Pertinent federal, state and local laws, codes, regulations.

Skills in:

Using initiative and independent judgment within established guidelines.
Interpreting, applying, explaining and enforcing applicable laws, codes, regulations, policies and procedures.
Defining issues, collect and analyze pertinent data, identify alternative solutions, project consequences of proposed actions, draw valid conclusions, propose sound recommendations, and implement approved solution in support of goals.
Negotiating competitively in the Las Vegas commercial real estate market.
Planing, organizing and prioritizing assignments.
Meeting critical deadlines.
Managing multiple assignments.
Communicating with individuals from a variety of social, cultural, economic and educational backgrounds while demonstrating respect and sensitivity for perceived differences.
Producing written documents with clearly organized thoughts using proper sentence construction, punctuation, spelling and grammar.
Communicating clearly and concisely, both orally and in writing.
Establishing and maintaining effective working relationships with those contacted in the course of work.

Competencies:

In addition to Core Workforce Competencies:

Supervisor Competencies

Professionalism – Models core values by being honest, respectful and positive; continuously demonstrates the core values of the city; supervisory actions are collaborative whenever possible and intended to grow the city's capacity at an individual, unit, division and/or department level.

Managing Performance – Takes responsibility for own and assigned employees' performance, by setting clear goals and expectations, tracking progress against the goals, ensuring regular feedback, and addressing performance problems and issues promptly.

Decisiveness – Willingness to make difficult decisions in a timely manner.

Developing and Empowering Others – Willingness to delegate responsibility; coaching assigned employee to develop their capabilities.

Facilitating Partnerships – Builds community and partnerships both inside and outside the organization.

Forward Thinking – Anticipating the consequences of situations and decisions; taking appropriate action to be prepared for possible changes.

Providing Support – Provides the tools and creates a supportive environment that allows others to successfully complete their work.