Senior Property Manager
2 weeks ago
COMPANY
BH Properties is a privately held commercial real estate investment firm focused on value-add acquisitions in office, industrial, retail, and multi-family properties throughout the Western United States, along with investments in distressed debt and ground leases. The Company is vertically integrated, with offices in Los Angeles, San Francisco, Seattle, Riverside, Phoenix, Dallas, and Houston, and is able to acquire and close transactions without the need for lengthy due diligence periods. Our 31-year track-record and balance sheet allow us to move quickly and creatively, structuring acquisitions to satisfy seller needs in a highly competitive market. Today, the Company owns and operates approximately 10M square feet across 18 states.
POSITION
The Senior Property Manager will be primarily responsible for overseeing the property management of in-fill urban retail centers. The successful candidate will have worked in a principal-based environment with an investor acumen approach to maximizing cash flow and increasing value. Demonstrated experience in managing property management and engineering teams and understanding tenant mix along with representing the Company in a ‘front facing’ role within the community is integral.
The role is highly visible, both internally and externally, requiring skills and experience in leadership, management, and communication.
LOCATION
Seattle, WA
REPORTING
Senior Asset Manager
RESPONSIBILITIES
- Conduct periodic property visits and inspections to make sure properties are well-maintained and building systems are fully functional.
- Establish and maintain positive relationships with tenants, addressing tenant concerns as well as ensuring compliance with the requirements pursuant to lease agreements.
- Establish and maintain positive vendor relationships.
- Troubleshoot issues, identify areas that need attention or improvement, and make recommendations or provide solutions.
- Oversee projects directed by senior management.
- Assist leasing teams and brokers during lease negotiations regarding tenant improvement, costing and related matters.
- Bid, negotiate and present recommendations for projects such as tenant improvements, repairs and improvements, and renovations.
- Ensure competitive bidding process and thorough review of project scope and costs.
- Oversee the construction of approved projects or working with the Company’s Construction Management resources to ensure timely completion within scope and budget.
- Review and approve operating expenses in accordance with company policies and procedures.
- Assist in determining CAM expenses and in the review of CAM reconciliation and collection.
- Prepare annual budgets and monitor actual expenses to ensure budgets are met.
- Submit required reports timely and participate in periodic property status meetings with detailed and accurate information.
QUALIFICATIONS
- Bachelor’s Degree
- Minimum of 5-7 years of broad-based commercial property management experience with a demonstrated background on large in-fill urban retail properties.
- Strong communication skills with both internal and external customers and at all levels within the organization.
- Good understanding of contracts, leases and leasing objectives.
- Skilled in customer service and tenant relations.
- Ability to initiate bid requests, vendor and contractor management.
- Ability to present self and company in a professional manner in all customer communications and actions.
- Solid time management skills with the ability to prioritize, organize and successfully balance multiple tasks and requests.
- Must be able to exhibit initiative and work independently.
- Must have a strong work ethic and the ability to work in a fast-paced environment
- Must be a team player and work well with Senior Management, tenants, contractors, Accounting team, and other daily contacts.
- MS Office proficiency expected.
- Experience with Yardi a plus.
- 20% Travel
COMPENSATION
We offer an excellent compensation package along with a chance to grow and develop with a well-capitalized, privately held, entrepreneurial investment group understanding that it is not just a job, but a career. For immediate consideration please submit your resume with salary requirements. Resumes submitted with salary requirements will be considered a priority.
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