Real Estate Supervisor
Are you a successful team leader combining expertise in real estate transactions with knowledge of property values and market trends? Then, the City of Toronto Real Estate Services Division invites you to share your managerial skills and strategic insight as a Supervisor, Real Estate.
Reporting to the Manager, Leasing & Site Management, and drawing on your vast experience in negotiating revenue-generating transactions, you will supervise a team of Real Estate professionals in undertaking leasing- or sales-related real estate transactions. This is an exciting opportunity to play a key role in managing and optimizing City assets – both owned and leased.
Your primary responsibilities as a Real Estate Supervisor will be varied, but you will be expected to:
- Supervise a team of Real Estate professionals to undertake real estate transactions of a leasing or sale nature, including motivating, mentoring and training assigned staff.
- Oversee site/property management issues and coordinate with other City divisions.
- Supervise the day-to-day operation of all assigned staff, including scheduling, assigning and reviewing work, authorizing and coordinating vacation and overtime requests, monitoring and evaluating staff performance, approving salary increments, hearing grievances and recommending disciplinary action when necessary.
- Oversee the renting of all properties not currently being used by the corporation.
- Monitor the City-owned portfolio to identify vacant properties suitable for leases or sale, and the market for properties suitable to meet City program requirements.
- Lead and execute leasing/sales and other types of transactions to full completion.
- Prepare reports to Committee, Council, management regarding real estate issues, including the leases/sale/acquisition of property for municipal purposes.
- Lead change and undertake transforming processes, evaluate procedures, controls, and metrics, and recommend improvements.
- Participate in strategy work.
- Work with various City divisions regarding the payment and collection of rents, program requirements, preparation and execution of leases/various agreements, and disposition of City assets.
- Manage and optimize City assets, including the inspection of properties, maintenance, housekeeping, increasing rents, and ensuring accuracy of data.
- Manage third party consultants.
- Participate in preparing operating and capital budgets and administering assigned budgets.
- Develop and maintain appropriate databases for the unit.
- Check and ensure 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.
Your application for the role of Supervisor, Real Estate must describe your qualifications as they relate to:
- 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.
- Considerable experience dealing with site management and property management issues.
- Considerable experience in supervising staff and ability to handle day-to-day labour relations matters.
- 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.
- Extensive experience in negotiating revenue-generating transactions, including, but not limited to, licences, partnership arrangements, revenue-sharing opportunities, advertising, Joint Ventures, Public Private Partnerships, etc., or equivalent.
- Knowledge of land building values in and around GTA and familiarity with real estate market trends and activities.
- Experience with 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.
- Ability to prepare correspondence, statements and reports for the consideration of senior management.
- Effective communication skills, both verbally and in writing, for a senior level audience.
- Ability to deal tactfully with the public, and elected and appointed officials.
- Ability to travel to various work locations in a timely and efficient manner.
- Familiarity with Municipal Act, Municipal Code, Tenant Protection Act, zoning and property standards, regulations and by-laws as it relates to municipal real estate.
- Leasing experience, with well-developed knowledge of leasing terminology, an asset.
- General knowledge of government legislation in the areas of labour and human relations.
- Proficiency in Microsoft Office Suite (i.e. Word, Excel, and PowerPoint).
Salary Range: $86,795.80 - $101,974.60 per year
Work for the City you love
Toronto is Canada’s largest city, the fourth largest in North America, and home to a diverse population of about 2.8 million people. Consistently ranked one of the world’s most livable cities, we are a global centre for business, finance, arts and culture, and are proud to be the Host City for the 2017 Invictus Games. Join the award-winning Toronto Public Service as a Supervisor, Real Estate within our Real Estate Services Division.
How to Apply:
For more information on this and other opportunities with the City of Toronto, visit us online at www.toronto.ca/jobs. To apply online, submit your resume, quoting File #2268641 X, by April 14, 2017.
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, the 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.