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Property Manager
4 months ago
Connected by a common belief that our collective skills, knowledge, values, and vision will shape the evolution of brick-and-mortar retail, our team forms what is the commercial real estate industry’s premier owner/operator/ investor of open-air retail in the United States.
With decades of expertise in retail property management, accounting, asset management, leasing, acquisition, development, and marketing, we’re guided by core values of collaboration, trust, diligence, and empathy to optimize and grow our portfolio through elevated, insightful, and value-driven solutions for our stakeholders. Learn more at
Summary of Position
Pine Tree is seeking to add a Property Manager to join our Property Management team. The Property Manager is involved in all aspects of the day-to-day operations of the property portfolio with primary consideration given to creating positive tenant relations. The Property Manager will work jointly with the Senior Property Manager with accounting functions for various reports, monitoring monthly operating reports, budget variance reports, CAM reconciliation, assists in the preparation of the annual budgets and the overall financial performance of the portfolio working closely with the rest of the Property Management team.
Responsibilities
- Establish and maintain positive relationships with all our tenants to ensure tenant satisfaction and retention in their 1MM+ SF portfolio of properties.
- Perform regular inspections of properties, recommend and direct alterations, maintenance and reconditioning of properties as it pertains to the portfolio.
- Prepare annual operating budgets and monitor all expenses.
- Negotiate and contract for vendor services and supervise work as required.
- Respond to property and tenant needs and coordinate with team to resolve issues.
- Oversee the timely collection of rent, payment of expenses, compliance with lease terms, and preparation of all required legal notices.
- Prepare accurate, timely and complete monthly reports including operational summaries, collections, variance reports, and review of year-end reconciliations.
- Supervise the planning and implementation of operating and capital expenditures.
- Interact regularly with clients and team to ensure that Pine Tree business objectives are being met.
- Review, manage and approve invoices for payment.
- Related duties as assigned.
Desired Skillsets & Qualifications
- Bachelor’s Degree preferred and must have at least 3+ years of work experience managing Retail/Shopping Center properties.
- Strong computer and internet skills, including Microsoft Office 365, and experience using CRE management software such as Yardi and Argus (Preferred)
- Strong financial and analytical skills
- Ability to travel up to 25% per month
- Ability to maintain a strong attention to detail with a continued high efficiency and accuracy rate for performing work/tasks
- Ability to spot issues proactively and head them off and/or start the solutioning process
- Desire to learn and grow
The position responsibilities outlined above are in no way to be construed as all encompassing. Other duties, responsibilities, and qualifications may be required and/or assigned as necessary.
Compensation
Competitive salary as well as a performance-based incentive.
Benefits
Pine Tree offers a compensation package commensurate with experience. Work/life benefits include but are not limited to participation in a 401K plan and a competitive healthcare package.
Pine Tree
We believe that trust, experience, humility, transparency, and responsibility should influence everything we do in business and life. As a result, we have built the best team in the industry combining decades of experience in acquisitions, leasing, property management, development, design & construction, accounting, human resources, and marketing.
Pine Tree is a Northbrook, Illinois-based full-service real estate company specializing in retail. Founded in 1995, Pine Tree’s current portfolio tops $3.5 billion in assets under management. The company’s projects are located across the United States.
Pine Tree is an equal opportunity employer.