Executive Director of the Real Estate Center

Title:
Executive Director of the Real Estate Center

Department:
Office of Research & Development

Reports To:
Senior Vice Provost for Research

Position Type:
Staff

Position Summary:
New Jersey Institute of Technology invites applications for the position of Executive Director of the Paul V. Profeta Foundation, Inc. Real Estate Technology, Design and Innovation Center (the "Profeta Real Estate Center"), which serves as the locus of teaching, training, research, and external engagement related to the disruptive technologies, innovations, and novel design and construction techniques that are actively transforming the real estate field.

Successful candidates for the position must demonstrate a distinguished record of professional accomplishments across the real estate industry (including development, leasing, marketing, mortgage financing, investment sales, and management), must have experience in developing and sustaining new businesses or programs, and must possess intellectual curiosity, creativity, strategic thinking, and significant leadership skills and capacities, including hands-on management experience. Salary and benefits are competitive and commensurate with experience.

Essential Functions:
The duties of the Executive Director of the Profeta Real Estate Center include:
- Developing a multi-year strategic plan for the Center that will enable it to become the leading university-based real estate center in the country.
- Building, from within their network and connections, an Executive Board of about 10-12 recognized leaders in the real estate industry and adjacent sectors.
- Creating an external membership of 80-100 influential members of the real estate community who will invest in the center and help organize and participate in high-profile networking functions, colloquia, and public seminars.
- Planning, implementing, coordinating, assessing, and expanding the annual activities and initiatives of the Center, including - -- Securing gifts, grants, and other funding to build and sustain the Center.
- Organizing conferences and colloquia open to the industry and public that feature high-profile speakers involved in real estate.
- Creating new certificate and non-degree offerings.
- Working with NJIT academic leadership and faculty to identify existing courses, and to help plan and develop new courses, that will contribute to the creation and/or enhancement of potential degree program(s) in real estate.
- Building partnerships and securing external funding for industry-relevant real estate research projects conducted by NJIT faculty and students.
- Developing and sustaining mutually beneficial relationships with individuals, real estate firms, and other organizations to grow visibility, impact, and resources of the Center.
- Creating a robust, multi-platform marketing plan for the Center.
- Managing the Center's budget and eventually making it a self-sufficient entity.

Prerequisite Qualifications:
The Executive Director of the Profeta Real Estate Center must have excellent interpersonal, communication, organizational, and management skills. The incumbent must also display strong entrepreneurial and management skills, with the ability to lead, operate, and grow the Profeta Real Estate Center into a world class hub that advances education and research in the field of real estate, both at NJIT and in the larger community. Other qualifications include:

- Bachelor's degree, with a minimum of seven years working in the real estate industry, preferably in a leadership role.
- Demonstrated an intensive and extensive understanding of real estate finance, development, investment, and technology, as well as a record of accomplishment and leadership across the real estate sector.
- Developed or bought and sold a minimum of 1,000,000 square feet of property during their career.
- Experience in developing business and/or strategic plans, managing complex budgets, assessing outcomes, and operating a new business successfully.
- Intellectual curiosity, creativity, strategic thinking, and significant leadership capability, including hands-on management experience.
- Demonstrated with many of the leaders in the field to be able to recruit them for membership and Advisory Board functions, guest lectures, and public seminars.
- At the university's discretion, the education and experience prerequisites may be exempted where the candidate can demonstrate to the satisfaction of the university, an equivalent combination of education and experience specifically preparing the candidate for success in the position.

Preferred Qualifications:
-Advanced degree
- Prior experience in leading a university-based real estate program or center
- Certified in real estate

Bargaining Unit:
Non-Aligned

Range/Band:
9

FLSA:
Exempt
Full-Time