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Real estate office outlines master‑planning, conveyance oversight and lease monitoring initiatives
Summary
The Office of Real Estate and Development described efforts to inventory county properties, speed appraisals, standardize agreements and monitor leases; staff said a property conveyance assessment team and quarterly PCAT reports will track conveyances and leases in default.
An Office of Real Estate and Development representative told the committee May 15 the office is pursuing a consolidated, technology‑enabled approach to county property management that emphasizes master planning, faster appraisals and standardized transaction documents.
The office described a portfolio of nearly 5,000 county properties and about 300 active leases, and noted program management office projects with an estimated $850 million in managed project value. The representative said the office is pursuing a countywide…
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