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Due Diligence Specialist

2 months ago

Milwaukee, Wisconsin, United States Hammes Full time
About the Role

Hammes is seeking a highly skilled Due Diligence Specialist to join our team. As a key member of our asset management group, you will play a critical role in evaluating and acquiring new properties, ensuring they meet our high standards for quality and potential.

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, analyzing operating reports, building plans, general ledgers, leases, and operating expense calculations/reconciliations.
  • Prepare 10-year capital budgets and first-year operating budgets for new pursuits, working with utility companies and brokers to transfer utilities for new acquisitions and monetization.
  • Transition newly acquired properties to property management staff for ongoing operations, assisting asset management with documentation needed for disposition of assets.
  • Negotiate contracts with contractors and vendors in a timely and reliable manner, maintaining 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, inspecting and scheduling appropriate maintenance to meet ownership's expectations.
  • Prepare monthly reports, including financial statements, operating and leasing metrics, and occupancy and lease expiration status, reviewing and following up on tenant delinquencies as necessary.
  • Manage performance of contractors and vendors working on the property, ensuring adherence to work orders and budgets, and overseeing requests for and review of required certificates of insurance.
Requirements
  • A Bachelor's degree is preferred, with a CPM or RPA designation also preferred.
  • Fundamental understanding of property management roles, including operational, financial, and ethical disciplines.
  • At least 7 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, and high proficiency in Microsoft Office.
  • Proficient with Yardi property management software.