About the position
VCU is seeking an Assistant Vice President (AVP) for Capital Assets and Real Estate who is responsible for developing the overall real estate strategy for Virginia Commonwealth University (VCU) and the VCU Health System as well as for the acquisition and disposition of buildings and lands for VCU under the guidance of the Vice President for Administration and of the University’s Facilities Executive Sponsors. The AVP develops and manages partnerships and/or joint ventures between the University or its affiliated entities and outside developers in relation to academic, research, commercial, retail, residential or mixed use real estate projects that support the University’s strategic goals. In consultation with University Counsel, the AVP leads the University’s team in the negotiation of the terms and conditions of a variety of real estate development projects. The AVP is also responsible for overseeing these projects through completion, performing financial analysis and financial due diligence on prospective projects, assisting with project planning and zoning approvals with local governmental entities, assuring that assigned projects satisfy the University’s financial and operational objectives, and coordinating project implementation with various University offices and community stakeholders. This position reports directly to the Vice President for Administration.
With a total student population of more than 31,000, Virginia Commonwealth University (VCU) is a public research university located in the capital city of Richmond, VA. The VCU Health System is an urban teaching hospital and is home to VCU Medical Center, the #1 ranked medical center in the Richmond metropolitan area with the only Level I trauma center in central Virginia. Together they make VCU the largest employer in the city of Richmond (22,888 including VCU and VCU Health employees).
Founded in 1838 and currently belonging to the elite group of R1 – Doctoral Universities with Highest Research Activity by Carnegie Classification, VCU enrolls students from all 50 states, the District of Columbia, and 108 countries. Students choose from 59 undergraduate, 69 master’s, 42 doctoral programs, three first-professional programs and 44 certificate programs offered by 11 schools and three colleges. With two main campuses on 173 acres in the historic downtown area, as well as satellite campuses located across the state and internationally, VCU boasts a diverse campus community, including approximately 43 percent of the student body identifying as minority, as well as an 18:1 student-faculty ratio, and more than 500 student clubs and organizations.
One of the largest academic health centers in the nation with a 52-acre footprint one block from Capitol Square, VCU Health System also maintains over 2.5 million square feet of facilities in satellite locations surrounding the city, including research space at the Virginia Biotechnology Research Park. In addition to VCU Medical Center, the $3.2 billion health system includes Community Memorial Hospital, the Children’s Hospital of Richmond at VCU, the Virginia Premier Health Plan (a 220,000-member non-profit Managed Care Organization), and the MCV Physicians (a faculty practice plan with more than 700 members and 770 residents and fellows).