Why Rensselaer?

Our dynamic global community of changemakers includes some of the world’s leading researchers, students, alumni, and faculty who ask the important questions and devise the scientific and technological innovations that make the world a better place for all of humanity. Nestled on a beautiful 275-acre campus in upstate NY, Rensselaer is home to five schools, 32 research centers, three makerspaces, an observatory, and one of the world’s fastest supercomputers.

Rensselaer faculty and alumni include more than 145 National Academy members, six members of the National Inventors Hall of Fame, six National Medal of Technology winners, five National Medal of Science winners, three astronauts, and a Nobel Prize winner in Physics. With nearly 200 years of experience advancing scientific and technological knowledge, Rensselaer remains focused on addressing global challenges with a spirit of ingenuity and collaboration. To learn more, please visit www.rpi.edu.

Apply now! Visit: https://careers.rpi.edu/en-us/job/494340/director-real-estate

Job Summary

The Director of Real Estate directs all activities associated with land management/leases; real estate revenue activities; building and land acquisition/sales; building and land appraisals; all Rensselaer property-related tax payments; Rensselaer tax exemption requirements; and special activities, that include leases and subleases of external facilities, fraternity/sorority land/building leases and finances; estate activities and community issues. The Director is responsible for leading real estate and economic development programs to attract diverse and innovative partners to engage on properties owned by the Institution both residential and commercial, inclusive of properties at Rensselaer Technology Park (RTP). This will comprise extensive collaboration with multiple portfolios including the Office of Strategic Alliances and Translation (OSAT), Provost, Student Life, OCEC, and Finance. The Director is responsible to develop programs to attract and maintain tenant occupants of RTP and create a self-funded real estate program. Programs that cultivate community and regional relationships and foster an exchange of ideas between community leaders, industry partners, researchers and students. The Director is responsible for all fiscal management of the RTP and real estate program including operating and capital budget development and financial controls to achieve goals.

Minimum Qualifications

• Bachelor’s Degree in business or related field
• Ten (10) years of relevant real estate and property development experience
• Additional business management experience, including experience in supporting technology-driven businesses and working with start-ups.
• Experience in evaluating business plans, and the ability to synthesize technical knowledge and identify associated business opportunities.
• Substantial experience with negotiations and drafting contract and license terms.

Applicants must meet stated minimum education and experience requirements.

Minimum Knowledge, Skills, and Abilities

• Requires expertise in all areas of real estate.
• Demonstrated ability to cultivate business relationships.
• Ability to work as a member of a team, incorporating the institutional mission and priorities as the broad context for decision making.
• Strong demonstrated skills in oral and written communication, particularly in relation to: negotiation, marketing, sales, and representing the Institute to external constituencies and internally throughout the Institute.
• Adeptness at managing interpersonal relationships and all forms of problem solving, supported by the intellectual agility to make tactical on-the-spot adjustments consistent with strategic objectives.
• Effective time management skills and the ability to work independently and effectively under pressure to meet established goals and objectives.
• Financial skills, including budgeting, reporting, and understanding financial statements.
• Knowledge of real estate practices related to marketing, leasing, fit-up, and property management.
• Familiarity with design and construction, including determining programmatic needs, interpreting drawings, and construction scheduling and management, including oversight of sub-contractors.
• Ability to maintain strong government and community relations, particularly in relation to land use development regulations, permitting requirements, and environmental matters; demonstrated ability to maintain a respected profile in the local business community.

Shift

Business Hours with weekends or evenings occasionally required

Travel

Local travel between campus locations only

Driving

Driving a personal vehicle for non-passenger use

Starting Salary/Rate

Expected hiring range: $120000- $150000

Pay transparency disclosure: The selected candidate’s salary will be determined based on factors that include the available budget, internal equity, and the final candidate’s qualifications, experience, education and other job-related credentials. This hiring range is provided as Rensselaer’s good faith estimate of the expected hiring range at the time of posting.

Culture of Safety at Rensselaer

Rensselaer is committed to providing a safe and healthy living, learning, and working environment for its faculty, staff and students. As such, we strongly recommend that faculty, staff and students obtain a COVID-19 vaccination and remain current with available boosters to protect themselves, as well as to protect vulnerable members of the community.

Total Compensation and Benefits Information

Rensselaer’s Total Compensation Program is designed to provide stable pay growth, a comprehensive and affordable benefits package, and a comprehensive and affordable retiree medical and prescription plan. Rensselaer is recognized locally and nationally for the depth and breadth of its compensation and benefits program. Our goal is to provide you and your family with a comprehensive health and welfare program as an umbrella of financial security and protection during your employment. For more information, please visit Benefits | Human Resources (rpi.edu).

We welcome candidates who will bring diverse cultural, ethnic, national and international perspectives to Rensselaer’s work and campus communities.

Rensselaer Polytechnic Institute is an Affirmative Action/Equal Opportunity, Race/Gender/Veterans/Disability Employer.

Job Type: Full-time

Pay: $120,000.00 - $150,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Disability insurance
• Health insurance
• Life insurance
• Paid time off
• Professional development assistance
• Tuition reimbursement
• Vision insurance

Experience level:

• 10 years

Schedule:

• 8 hour shift

Ability to Relocate:

• Troy, NY 12180: Relocate before starting work (Required)

Work Location: In person