Chief Property Development Manager

7 days ago


Seattle, Washington, United States BH Properties Full time

Job Overview

BH Properties is a commercial real estate investment firm focused on value-add acquisitions in the Western United States. The Senior Asset Manager will be responsible for managing a portfolio of Company owned assets throughout the greater Pacific Northwest.

Key Responsibilities:

  • Maximize total return through operational efficiencies and identifying value-add and revenue enhancement strategies.
  • Work closely with third-party property managers, leasing agents, brokers, consultants, and attorneys to provide direction for business plans, annual budgets, lease analysis, and approvals.
  • Participate in scaling the organization to accommodate growth.
  • Negotiate new leases and renewals both in-house and through third-party leasing brokers.
  • Perform routine property inspections to ensure properties are show-ready.
  • Maintain and expand relationships with existing tenants and develop relationships with new prospective tenants.
  • Prepare monthly, quarterly, and annual portfolio reporting for review by senior management.
  • Negotiate third-party contracts and oversee implementation of capital improvement projects.
  • Work with financial analysts to perform valuations on a quarterly and annual basis.
  • Manage capital improvement strategies and processes, including oversight of construction management activities.
  • Monitor regional economic and investment trends to identify changes that could impact real estate values and strategy.

Requirements:

  • Bachelor's degree in finance, business administration, or related field with a strong record of academic achievement; graduate degree preferred.
  • A minimum of 7-10+ years of commercial real estate asset management, principal-based leasing, and/or related experience.
  • Experience in financial analysis, understanding of asset-level financial statements, and demonstrated level of experience in lease management and metrics.
  • Knowledge of real estate accounting combined with strong analytical skills.
  • Knowledge of design and construction process.
  • Experience with Yardi, MS Office 365, MS Excel, and Argus is a plus.
  • Highly organized, detail-oriented, and able to manage multiple concurrent projects to achieve goals.
  • Comfortable in a collaborative team-oriented environment.
  • Exceptional communication and interpersonal skills.

Salary Range: $175,000 - $200,000 per annum. We offer an excellent compensation package along with opportunities for growth and development within a well-capitalized, privately held investment group.



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