Real Estate Analyst

Description

Under administrative direction, is responsible for planning and administering a specific project or program for a City department. Serves as the administrative supervisor on projects or programs. Plans, assigns, supervises, and reviews activities of subordinate personnel. Monitors the project or program's operating budget and assists in the annual preparation of same. Designs, implements, and monitors procedures utilized in program evaluation. Develops and secures commitments from other City departments and agencies to provide services to program participants. Provides technical assistance or reviews program policies and procedures. Maintains current information and oversees the preparation of project status reports. Prepares financial and narrative reports and program applications. Communicates project/program status and information to municipal officials and/or public and private entities. May supervise employees assigned to the respective project.

Minimum Qualifications

• Bachelor's Degree from an accredited four-year college or university in Business or Public Administration, Social Sciences, or closely related field preferred.
• Two (2) years of any equivalent combination of education, training and experience in program administration required.
• Must be able to lift and carry thirty (30) pounds.
• Valid State of Ohio Driver's License required.

Supplemental Information

• Bachelor’s Degree in Real Estate, Finance, Data Analytics, Urban Planning, Economics, Geographic Information Systems (GIS), or a closely related field required.
• Demonstrated proficiency managing and creating performance dashboards.
• Experience using ArcGIS or other spatial analysis and data mapping tools to inform development or planning decisions.
• Demonstrated experience conducting quantitative real estate, financial, or spatial data analysis to inform public policy, asset disposition, or municipal investment strategies.
• Demonstrated experience creating transparency between partners through data, responsibility setting, and task completion and performance metrics.

Additional Minimum Qualifications

• Demonstrated proficiency managing and creating performance dashboards.
• Experience using ArcGIS or other spatial analysis and data mapping tools to inform development or planning decisions.
• Demonstrated experience conducting quantitative real estate, financial, or spatial data analysis to inform public policy, asset disposition, or municipal investment strategies.
• Demonstrated experience creating transparency between partners through data, responsibility setting, and task completion and performance metrics.

Typical Tasks

• Manage a comprehensive database of downtown commercial properties (100,000+ sq. ft.) and a companion list for downtown residential properties, gathering updated information on lease expiration, contracts, and other relevant information.
• Update property records with private-market data (e.g., CoStar, TREPP reports).
• Uses spatial analysis tools (such as ArcGIS) and data tracking to assist the Head of Urban Redevelopment Strategy in proactively identifying adaptive reuse, site activation, and high-impact redevelopment opportunities.
• Evaluates underperforming, vacant, or blighted buildings using established score card metrics.
• Prepares quarterly market reports regarding the health of the downtown real estate market, specifically focused on vacancies, absorption, subleases, concessions, City competitiveness, and assessment of distressed buildings.
• Serves as the City’s technical point of contact for the building receivership process.
• Maintains and logs downtown infrastructure deficiencies (e.g., sidewalk conditions, streetlight functionality) in partnership with external stakeholders, elevating issues according to code enforcement needs.
• Serves as the primary contact person for the distressed building coalition meetings.
• Supports and serves as the primary contact person for the Land Strategy and Asset Redevelopment team and the Department of Development with real estate market analyses and data requests.
• Acts as the primary database administrator for the team's real estate metrics, building performance dashboards to measure progress toward the department’s goals.
• Performs other job-related duties as required.

City's Guiding Principles

• Placing Clevelanders at the Center
• Empowering Employees to Do Purposeful Work
• Defining Clear and Pragmatic Objectives
• Leading with Trust and Transparency
• Striving for Equity in All We Do
• Embracing Change

Benefits

The City of Cleveland makes available a variety of benefit options depending upon your employment status and any applicable union membership. In general, benefit options include comprehensive medical, dental, vision, prescription medical and life insurance. Specific information regarding benefit eligibility will be discussed and reviewed at the time of hire.