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Commercial Property Manager

3 months ago

Washington, United States Monument Realty Full time
Job DescriptionJob Description

Commercial Property Manager

Monument Realty is seeking an experienced Commercial Real Estate Property Manager to oversee the management and operations of a diverse portfolio of commercial properties in the DC, MD, VA area. Since 1988, Monument Realty’s success has differentiated us in the market – a bold vision, innovative thinking and a smart approach to addressing the complexities of a fast-moving, demanding business. Our portfolio includes commercial office, hotel, retail and residential projects, many of which have earned industry awards and accolades. Today, our portfolio includes more than eight million square feet of Class A office space, 400,000 square feet of retail, 8,000 residential units, and a number of hotel properties with a total market value of $8 billion.

Responsibilities

The ideal candidates will demonstrate expertise in:

  • Supervision of administrative and engineering staff
  • Management of major mechanical and structural capital improvements
  • Excellent customer service in interacting with tenants and clients
  • Oversight of the coordination of all physical operations of the building
  • Annual budget preparation
  • Monthly accounting, variance and vacancy reporting
  • Tenant construction oversight
  • Maintaining and enforcing a zero accounts receivable balance
  • Safety training and compliance
  • Perform various personnel functions including staffing and employee development
  • Perform all lease administration duties including preparing vacant space for lease, verifying lease data and keep abreast of leasing activity
  • Establish and administer estimated/actual pass-through expenses
  • Perform and/or monitor collections and coordinate default proceedings
  • Prepare financial reports for managed property as specified in respective management agreement; prepare annual operating budget for property and assist in preparation of capital budget
  • Coordinate real estate tax review process for property
  • Maintain personal contact with tenants and owner representatives to ensure solid, reliable relationships
  • Conduct routine thorough, on-site property inspections to prevent/identify problems
  • Coordinate insurance requirements for property (tenants) and associated vendors/suppliers
  • Evaluate service contract requirements, prepare specs, bid, negotiate and manage vendor contracts as directed
  • Establish A/R and A/P guidelines, track performance and monitor recovery process
  • Ensure adherence to company policies and procedures
  • Assist in the pursuit of new business
  • Participate in appropriate professional and community organizations

Qualifications

BA/BS degree and a minimum of three to five years of commercial property management experience is required.

RPA and/or CPM designation is preferred and DC Property Manager's license will be required.

Proficiency in Microsoft applications is required and experience with accounting for third party clients, MRI Accounting Software, Yardi and Kardin Budget Software, preferred

Additional Information

This position offers competitive compensation and benefits package, as well as opportunities for professional growth and development.

The role will require travel between properties and attendance at off-site staff meetings, so personal transportation is a must.

 

EOE - Equal Opportunity Employer

Company DescriptionMonument Realty is a fully integrated real estate company dedicated to delivering the best financial returns, services, and products for our investment partners, clients, and customers. Drawing from a wealth of experience across multiple disciplines, we offer a creative approach to a diverse mix of real estate projects throughout the highly competitive Washington, DC market.

For two decades, bold, innovative, and smart have defined our approach as a best-in-class real estate developer and owner.Company DescriptionMonument Realty is a fully integrated real estate company dedicated to delivering the best financial returns, services, and products for our investment partners, clients, and customers. Drawing from a wealth of experience across multiple disciplines, we offer a creative approach to a diverse mix of real estate projects throughout the highly competitive Washington, DC market.\r
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For two decades, bold, innovative, and smart have defined our approach as a best-in-class real estate developer and owner.