Due Diligence Specialist

1 month ago

Milwaukee, Wisconsin, United States Hammes Full time

About the Role

Hammes is a leading real estate solutions platform, and we're seeking a highly skilled Due Diligence Specialist to join our team. As a key member of our team, you will work closely with our Assistant Director of Due Diligence and Asset Management personnel to evaluate and acquire new properties.

Key Responsibilities

  • Evaluate the physical and operational aspects of properties to be acquired, including reviewing property condition reports, inspection records, and contracts.
  • Research and coordinate with vendors to investigate capital projects for new pursuits.
  • Analyze operating reports, building plans, general ledgers, leases, and operating expense calculations/reconciliations for new pursuits.
  • Prepare 10-year capital budgets and first-year operating budgets for new pursuits.
  • Work with utility companies and brokers to transfer utilities for new acquisitions and for monetization.
  • Transition newly acquired properties to property management staff for ongoing operations.
  • Assist asset management with documentation needed for disposition of assets.
  • Travel to company-owned and pursued medical office properties as needed.
  • Negotiate contracts with contractors and vendors in a timely and reliable manner.
  • Maintain positive productive relationships with tenants to preserve the highest level of tenant satisfaction.
  • Responsibility for annual reforecast and budgeting for property operations and capital expenditures.
  • Inspect and schedule appropriate maintenance to meet ownership's expectations.
  • Prepare monthly reports including financial statements, operating and leasing metrics, and occupancy and lease expiration status.
  • Review and follow up on tenant delinquencies as necessary.
  • Manage performance of contractors and vendors working on the property to ensure adherence to work orders and budgets.
  • Oversee request for and review of required certificates of insurance to ensure adequate coverage in accordance with contracts.

Requirements

  • A Bachelor's degree is preferred.
  • CPM or RPA designation is preferred.
  • Fundamental understanding of property management roles, including operational, financial, and ethical disciplines.
  • 3-5 years of commercial property management experience, preferably in healthcare.
  • Well-organized with excellent time management skills.
  • Solid business judgment and ability to work independently.
  • Strong interpersonal, analytical, and problem-solving skills.
  • Excellent verbal and written communication skills.
  • Highly proficient in Microsoft Office, including Word, Excel, Outlook, etc.
  • Proficient with Yardi property management software.

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