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Management Professional
Penn State Job Catalog
Real Estate Specialist – Intermediate Professional (PSU2235)
Job Summary
The Real Estate Specialist supports a wide variety of functions including assisting with various real estate and leasing responsibilities within University offices. Examples of Specialist responsibilities include transactions related to lease/property management operations, sales, and acquisitions (gifts, purchases, life estates); research and preparation of reports and plans; contract negotiations; coordinating legal support to the University; and acting as University agent.
Representative Duties
- Negotiate lease contracts and comparable agreements, and coordinate related processes on behalf of all University locations
- Coordinate on-site inspections for agreements as well as review all due diligence processes
- Lead, arrange, and complete necessary legal reviews and all other related due diligence processes; establish working relationships with University legal counsel, Risk Management, et al
- Provide research, documentation, and financial analysis for University real estate issues; coordinate information internally with colleges, campuses, and/or internal departments
- Administer, monitor, reconcile, and audit real estate related financial transactions
- Participate in strategic, capital, and master planning endeavors; provide input and guidance on related real estate plans and potentials
- Input information into facility information system database
- Evaluate, direct, retain third-party consultants and professionals
- May supervise and train staff
Level Matrix
- Level:
- – Intermediate Professional
- Base Description:
- – Completes activities, tasks, and/or projects of a functional nature.
- Level Summary:
- – Demonstrates ability to perform intermediate tasks in defined skill areas. Demonstrates intermediate knowledge of internal procedures. Works under general supervision, performing assignments that may be varied and sometimes difficult. Supports team decisions and follows through with team responsibilities. Interprets and communicates information clearly and accurately. Demonstrates intermediate problem–solving skills.
- Supervisory Responsibilities:
-
– May serve as direct supervisor for part–time, student, and/or temporary workers or volunteers
- Fiscal Responsibilities:
-
– May validate and pay invoices
- Problem Solving:
-
– Encounters generally routine problems; occasionally faces more complex and/or varied problems
– Typically follows recommended course of action and procedures to resolve problems
– Applies knowledge of larger unit goals, priorities, and related procedures in determining course of action
- Independence of Action:
-
– Work is generally monitored by supervisor
– Detailed instructions and procedures are generally provided
– Uses available guidelines to make appropriate adaptations to routine situations and refers other situations to supervisor
- Communication and Collaboration:
-
– Communicates internally within working unit and/or the University
– May communicate with external audiences
– Collaborates closely with team members
– Interprets and communicates information, ideas and instructions clearly and accurately both verbally and in written materials intended for distribution
Salary Structure
- Comp Grade – 8
- Minimum – $51,000.00
- MidPoint – $62,500.00
- Maximum – $74,000.00
FLSA Exemption Status
Non-Exempt
Minimum Education
Associate's Degree
Minimum Experience
2+ years of relevant experience
Equivalency
Or an equivalent combination of education and experience