Transit Real Estate & Joint Development Lead - Hybrid

Regional Transportation Authority Chicago; Chicago (IL); Hybrid; USD 98,000 - 123,000; Full time

Benefits offered by this job

Pension/401(k) with match

401(k) and 457 plan options

Hybrid work environment

Transit benefits

Twelve holidays and floating holiday

Personal leave

Parental leave

Insurance (Health/Dental/Vision/Life/A

Flexible Spending Account

Tuition reimbursement

Gym membership discount

Public Service Loan Forgiveness (PSLF)

Employee Assistance Program

Job summary

Northern Illinois Transit Authority (NITA) seeks a Division Manager or Manager, Real Estate & Joint Development for the Local Planning and Program Management division. You will lead the Joint Development program, oversee the Real Estate Division, and coordinate with Service Boards, municipalities, and private developers on complex transit projects.

The role requires 7–10 years in real estate development or related fields, supervisory experience, and strong negotiation skills.

Qualifications

• Bachelor’s degree in Business Administration, Public Administration, Real Estate, Civil Engineering, or related field required.
• Professional certifications preferred (e.g., Real Estate Broker, PMP, CPM).
• Master’s degree is a plus.
• Division Managers: 7–10 years in real estate development or related field; Managers: 4–6 years.
• Minimum 3 years of supervisory/management experience.
• Experience with joint development programs at transit agencies desirable.

Responsibilities

• Lead the establishment and roll‑out of NITA's Joint Development program.
• Serve as primary liaison with municipalities, Service Boards, and developers.
• Negotiate contracts and agreements with boards, developers, and municipalities.
• Plan, direct, evaluate, and select developers for joint development projects.
• Develop budgets and financing structures; conduct market and feasibility analyses.
• Manage project timelines and ensure completion within budgets.
• Ensure regulatory reporting and risk management for real estate assets.
• Coach staff and foster cross‑agency collaboration.

Skills

Strategic leadership

Collaboration

Communication

Multi-Tasking

Negotiation

Education

Bachelor's degree in Business Administration

Bachelor's degree in Public Administration

Bachelor's degree in Real Estate

Bachelor's degree in Civil Engineering

Master's degree is a plus

Job description

Northern Illinois Transit Authority (NITA) seeks a Division Manager or Manager, Real Estate & Joint Development for the Local Planning and Program Management division. You will lead the Joint Development program, oversee the Real Estate Division, and coordinate with Service Boards, municipalities, and private developers on complex transit projects.

The role requires 7–10 years in real estate development or related fields, supervisory experience, and strong negotiation skills.