Real Estate Portfolio Consultant
About The Position
The Real Estate Asset Management Consultant will provide expert consulting services for evaluating and managing the real estate portfolio of a large utility organization. This includes assessing the lifecycle of current assets, identifying opportunities for expansion, and recommending best practices for securing and optimizing real estate holdings across Southern California. The role focuses on ensuring efficient use of assets while supporting the organization’s long-term strategic objectives.
Key Responsibilities:
- Asset Lifecycle Evaluation: Conduct a comprehensive evaluation of the lifecycle of the organization’s current real estate assets. Identify opportunities for modernization, disposal, or continued use of facilities to ensure efficient resource allocation and long-term sustainability.
- Best Management Practices: Identify and recommend best management practices for utility facilities, ensuring that they meet operational needs while adhering to industry standards and regulations. The consultant will assess how these practices can enhance the utility’s real estate management processes.
- Cataloging Public Properties: Create and maintain a detailed catalog of public properties in the Metropolitan Los Angeles Area, greater Southern California, and other regions throughout California. This catalog will serve as a strategic resource for identifying potential locations for expansion or acquisition, supporting the organization’s utility corridor development.
- Expansion Opportunities: Identify and provide information about potential property locations for the expansion of utility corridors. This includes assessing strategic locations that could be used to support future growth or enhance the current infrastructure.
- Property Security: Provide recommendations on best practices for securing the organization’s properties and facilities. This includes assessing the current security measures in place and identifying potential vulnerabilities, ensuring compliance with relevant regulations, and protecting critical infrastructure.
Deliverables:
- Lifecycle Evaluation Reports: Detailed reports on the lifecycle of each asset within the real estate portfolio, with recommendations for modernization, maintenance, or disposal.
- Property Catalog: A comprehensive catalog of public properties, detailing available land and facilities in the Metropolitan Los Angeles Area, greater Southern California, and beyond, with an emphasis on expansion opportunities for utility corridors.
- Security and Management Reports: Recommendations for securing properties and facilities, including best practices for safeguarding critical infrastructure and ensuring compliance with regulations.
- Expansion Strategy Reports: Analysis of potential property locations for expansion, including strategic recommendations for property acquisition and integration into the utility’s broader infrastructure plans.
Reporting: The consultant will be responsible for preparing and delivering regular reports, which may include:
- Quarterly updates on the progress of lifecycle evaluations and the development of the property catalog.
- A detailed final report summarizing all evaluations, expansion opportunities, and security recommendations.
- Reports must be submitted in PDF, Microsoft Word, or PowerPoint format to the designated contract administrator for review, in accordance with the organization’s Task Order Development and Approval process.
Requirements
Necessary Qualifications:
- Experience in real estate portfolio management, particularly within the utilities industry or large public sector organizations.
- Proven experience conducting lifecycle evaluations of real estate assets, including recommendations for modernization, maintenance, or disposal.
- Experience in identifying expansion opportunities and providing strategic recommendations for property acquisitions or infrastructure growth.
- Familiarity with real estate markets and regulations within Southern California is strongly preferred, particularly in the Metropolitan Los Angeles area.
- Knowledge of utility facility management and best practices for securing and maintaining large real estate portfolios.
- Strong analytical skills, with the ability to produce detailed reports on asset management, security, and expansion opportunities.
- Excellent communication and presentation skills, with experience delivering findings and recommendations to senior management and stakeholders.
- Experience in the utilities industry, with a focus on real estate management for utility infrastructure.
Preferred Qualifications:
- Familiarity with public property regulations and zoning laws in Southern California, especially in the Los Angeles metropolitan area.
- Prior experience working with large-scale real estate portfolios for government or public sector entities.
Travel
Quarterly travel to Los Angeles, CA is required for this role.