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Principal Real Estate Officer; Acquisition

Job in Los Angeles, Los Angeles County, California, 90079, USA
Listing for: Los Angeles County Metropolitan Transportation Authority (CA)
Full Time position
Listed on 2026-01-16
Job specializations:
  • Real Estate/Property
    Property Management, Real Estate Finance
Job Description & How to Apply Below
Position: PRINCIPAL REAL ESTATE OFFICER (ACQUISITION/RELOCATION)

Performs highly complex real estate acquisition and relocation functions; acquires real property required for active projects either through negotiations or eminent domain; provides oversight and coordination for internal management of special projects, including environmental investigations; provides oversight and management of outside acquisition and relocation consultants, including procurement, contract management, and file management.

The Principal Real Estate Officer (Real Estate Services) leads Metro’s right‑of‑way acquisition and relocation for capital projects, oversees transactions, coordinating with project teams, and preparing Board items. The role manages staff and consultants to deliver right of way on time, maintain federal and state compliance, and ensure strong file and contract management.

Recruitment Timelines

Interviews are projected to be scheduled for the week of February 9 2026. These dates are subject to change. We encourage you to monitor your  profile and emails for the latest updates.

Responsibilities
  • Performs a broad range of complex, cross‑sectional real estate and right‑of‑way[%s] functions
  • Plans and manages real estate projects
  • Reviews title reports, appraisals, and similar support documents and reports
  • Assists management in preparing real estate revenue goals and budget reports estimating real estate related costs
  • Inspects real estate both in person and using computer programs to document conditions
  • Evaluates Metro's real estate needs, identifies opportunities to enhance safety and revenues, and recommends policies and procedures to enhance department efficiency and accuracy of management of assets
  • Prepares written and oral reports, resolutions, correspondence, and legal documents
  • Represents the department in meetings with other departments/divisions, property owners and tenants, and business and community groups to make presentations or respond to inquiries
  • Provides oversight and management of outside consultants
  • Provides leadership, guidance, and advice to staff on complex real estate issues
  • Provides training to support staff on real estate related functions
  • Coordinates work activity of both professional and administrative staff when working on special projects
  • Analyzes property requirements to understand the potential impacts to the property
  • Prepares appraisal scope of work, reviews real estate appraisals for thoroughness and professional completion, and prepares appraisals as appropriate
  • Communicates with management and outside counsel regarding issues that are significant in appraisals prepared for property owners For Acquisition/Relocation
  • Negotiates with property owners or their agents for purchase or voluntary transfer of property
  • Coordinates with escrow and title companies relative to ownership and conditions of title Z
  • Prepares and presents relocation related notices
  • Reviews and processes relocation claims and payments
  • Provides oversight on acquisition and relocation delivery milestones
  • Solicits consultant(s) for the preparation and review of environmental investigation reports For Asset Management
  • Coordinates use of Metro assets (land) with internal departments
  • Executes agreements that enable safe, short‑term use of or access to Metro land
  • Manages assets sensibly to reduce Metro expenses for maintenance and upkeep
  • May be required to perform other related job duties
Education
  • Bachelor's Degree in Real Estate, Business Administration, Public Administration, Economics, Engineering, or a related field
Experience
  • Five years of relevant experience in real estate services, requiring at least two years specialized experience in area of assignment, such as eminent domain, property appraisal review, etc.; experience in municipal government real estate management preferred
Certifications/Licenses/Special Requirements
  • A valid California Class C Driver License or the ability to utilize an alternative method of transportation when needed to carry out job-related essential functions
  • Senior Right of Way Agent (SRWA) Designation preferred
  • For an Appraiser's position, a California Real Estate Appraiser License is required
Preferred Qualifications
  • Experience providing Right of Way services in…
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