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Supervisor, Real Estate

Job Information
Author pmnationtalk
Date March 31, 2017
Type Full Time
Company City of Toronto
Salary $86,795.80 - $101,974.60 - Annual
Location Toronto, ON
Category Business / Management
Client City of Toronto
Contact Information
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Supervisor, Real Estate

Job Classification Title SUPERVISOR REAL ESTATE
Job ID # 2268641 X
Division Real Estate Services
Section Leasing & Site Management
Work Location METRO HALL, 55 JOHN ST
Job Stream Business Operations
Job Type Permanent, Full-Time
Salary/Rate $86,795.80 – $101,974.60 / Year
Hours of Work (bi-weekly) 70.00
Shift Information Monday to Friday; 35 Hours Per Week
Affiliation Non-Union
Number of Positions Open 1
Posting Date 31-Mar-2017
Closing Date 14-Apr-2017

Job Description

Major Responsibilities:

Reporting to the Manager, Leasing & Site Management, the Supervisor, Real Estate:

  • Supervises a team of Real Estate professional to undertake real estate transaction of a leasing or sale nature; motivates, mentors and trains assigned staff.
  • Overseeing site/property management issues and coordinating with other City division as a key element of the role.
  • Supervises the day to day operation of all assigned staff including the scheduling, assigning and reviewing of work. Authorizes and coordinates vacation and overtime requests. Monitors and evaluates staff performance, approves salary increments, hear grievances and recommends disciplinary action when necessary.
  • Oversees the renting of all properties not currently being used by the corporation.
  • Monitors the City owned portfolio to identify vacant properties suitable for leases or sale and the market for properties suitable to meet City program requirements.
  • Leads and executes leasing/sales and other types of transactions to full completion.
  • Prepares reports to Committee, Council, management regarding real estate issues including the leases/sale/acquisition of property for municipal purposes.
  • Leads change and undertakes transforming processes; evaluates procedures, controls, metrics, and recommends improvements.
  • Participates in strategy work.
  • Works with various City divisions regarding the payment and collection of rents, program requirement, preparation and execution of leases/various agreements; and disposition of City assets.
  • Manages and optimizes city assets including the inspection of properties, maintenance, housekeeping, increasing rents, ensuring accuracy of data
  • Manages third party consultants.
  • Participates in preparation of operating and capital budgets and administering assigned budgets.
  • Develops and maintains appropriate databases for the unit.
  • Checks and ensures occupancy compliance with local property standards, by-laws, zoning and lease terms, etc.
  • Assign work to staff, review the accuracy of their work and ensure that work is being completed.

Key Qualifications:

  1. Post-Secondary education in Planning, Real Estate, Property/Site Management, Engineering, Business and/or Economics, with relevant experience in leasing/sales and other realty transactions or an equivalent combination of education and experience.
  2. Considerable experience dealing with site management and property management issues.
  3. Considerable experience in supervising staff and ability to handle day to day labour relations matters.
  4. Extensive knowledge and experience in negotiating a variety of real estate transactions including but not limited to commercial, industrial, institutional and residential properties and vacant land.
  5. Extensive experience in negotiating revenue generating transactions including but not limited to licenses, partnership arrangement, revenue sharing opportunities, advertising, Joint Ventures, Public Private Partnerships, etc. or equivalent.
  6. Knowledge of land building values in and around GTA and familiarity with real estate market trends and activities.
  7. Experience and/or knowledge about financial and accounting concepts such as Discount Cash Flow (DCF), Net Present Value (NPV) and Internal Rate of Return (IRR) to understand real estate analysis and the ability to build or review financial models.
  8. Ability to prepare correspondence, statements and reports for the consideration of senior management.
  9. Effective communication skills both verbally and in writing for a senior level audience.
  10. Ability to deal tactfully with the public, elected and appointed officials.
  11. Must be able to travel to various work locations in a timely and efficient manner.
  12. Familiarity with Municipal Act, Municipal Code, Tenant Protection Act., zoning and property standards regulations and by-laws as it relates to municipal real estate.
  13. Knowledge of land building values in and around GTA and familiarity with real estate market trends and activities.
  14. Leasing experience, with well-developed knowledge of leasing terminology, an asset.
  15. General knowledge of government legislation in the areas of labour and human relations.
  16. Proficiency in Microsoft Office Suite (i.e. Word, Excel, and PowerPoint).

Please note that all applicants are encouraged to provide a valid email address for communication purposes. Applicants may receive written correspondence regarding this job posting directly to the email address provided on their resume or to the one used to set-up their Candidate Profile if applying on TalentFlow. As an applicant, it is your responsibility to ensure that you check your email regularly.

The City of Toronto is committed to fostering a positive and progressive workforce that is representative of the citizens we serve. We will provide equitable treatment and accommodation to ensure barrier-free employment.  In accordance with the Ontario Human Rights Code, Accessibility for Ontarians with Disabilities Act and the City of Toronto’s Accommodation Policy, a request for accommodation will be accepted as part of the City’s hiring process.

If you are invited to participate in an assessment process, kindly provide your accommodation needs in advance. Please be advised that you may be requested to provide medical/other documentation to Human Resources to ensure that appropriate accommodation is provided to you throughout the hiring process.

If you are an individual with a disability and you need assistance or an accommodation during the application process, please email us at application.accommodation3@toronto.ca, quoting the job ID #2268641 and the job classification title.

 

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