What are the responsibilities and job description for the Real Estate Development Specialist 4 position at City of Madison, WI?
General Description
We’re seeking an experienced Real Estate Development Specialist to take on some of the City’s most complex and high-profile development initiatives. In this advanced level professional real estate position you'll plan, coordinate, construct, and implement economic development projects and transactions including sale and management of real property interests for the City, financial analysis, negotiation, deal structuring, and project management. This position focuses primarily on the Community Development Authority (CDA) Redevelopment agency’s real estate portfolio. Additionally, the position leads the affordable housing redevelopment efforts for CDA properties in coordination with CDA Housing Operations staff. This work requires strict adherence to federal Housing and Urban Development (HUD) regulations and specific guidance for real estate property redevelopment, and often requires extensive interagency coordination of key stakeholders within and outside of Department of Planning & Community & Economic Development Department (DPCED). This role requires considerable independent judgment and discretion in the full range of economic development activities and places emphasis on the more complex and discretionary elements of real estate development including ongoing project management and leadership of various ad-hoc interdepartmental teams. The position operates under the general supervision of the Administrative Services Manager in the Office of Director with oversight from the CDA Housing Director and CDA Executive Director/PCED Director.
IMPORTANT: THERE ARE TWO (2) SUPPLEMENTAL ESSAY QUESTIONS ON THE JOB POSTING.
YOU MUST ATTACH YOUR RESPONSES IN THE ATTACHMENTS SECTION OF YOUR APPLICATION.
(To view the questions, click on the supplemental question tab OR view the bottom section of the job bulletin)
**APPLICATIONS RECEIVED WITHOUT ATTACHED ESSAY RESPONSES WILL BE ELIMINATED FROM CONSIDERATION.**
Minimum Qualifications
Four (4) years of experience applying all of the following:
- Theories, principles, practices, documents and laws applicable to real estate development.
- Theories, principles, and practices of commercial real estate finance (discounted cash flow, IRR, basic accounting).
- Private and governmental sources of financing and of local, state and federal programs to encourage affordable housing development (such as Public Housing, RAD, Section 8, HOME, CDBG, and/or Section 42 tax credits) and economic development as a whole.
- Real estate market trends and data.
- Theories, principles, practices, documents and laws pertinent to real estate acquisition, leasing, and sale within a governmental context.
Two (2) years of experience in the following:
- Governmental agency operations as they relate to real estate development activities.
- Computer software applicable to position responsibilities (Microsoft Word, Excel, PowerPoint).
- Effective project management techniques.
Familiarity with urban planning, construction, and sustainability principles.
OR
- Two (2) years of highly responsible, varied, and complex professional experience in the areas of economic development, real estate development, or real estate finance comparable to that gained as a Real Estate Development Specialist 3 with the City of Madison. AND
- Bachelor's degree in Economics, Business, Finance, Urban Planning, Real Estate, or other related field.
Department
PCED Office Of Director
Opening Date
05/18/2026
Closing Date
6/1/2026 11:59 PM Central
Salary : $93,997 - $113,478