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Commercial Portfolio Manager

2 weeks ago

Virginia Beach, Virginia, United States Thalhimer Full time
Job Description Job Description

PRIMARY FUNCTION: Responsible for maintaining both the physical and fiscal aspects of a portfolio of properties (i.e. retail, office, industrial, office-medical, etc.) with a thorough understanding of real estate fundamental and business management.

EDUCATION: A Bachelor's degree from accredited college or university, preferred, or 5 years related experience in property management.


QUALIFICATIONS:

  • Strong leadership and motivational abilities.
  • Exceptional communication skills and the ability to interact with a wide range of people.
  • Attention to detail.
  • Ability to multi-task.
  • Computer skills, positive attitude, and team-oriented approach.


BASIC FUNCTION

  • Maximizing the value of the property in accordance with each client's mission, goals, and objectives.

RELATIONSHIPS

  • Supervises all on-site personnel, as applicable, at properties assigned.
  • Maintains relationships with associates and all other departments within the company.
  • Maintains relationships with supplies, vendors, and others serving the Company or the property.
  • Maintains relationships with clients and tenants of assigned portfolio.

ACTIVITIES

The activities listed here are not all-inclusive; rather, they indicate the types of activities normally performed by this position.

  • Maintaining the physical asset.
    • Procure, coordinate, manage, and supervise employees and contractors necessary for the maintenance operations of the property.
    • Conducts formal site inspections of property interior and exterior.
    • Makes recommendations for physical repairs and/or replacements.
    • Ensures observance of any risk management items.
  • Financial reporting and control
    • Approve invoices and processes in accordance with Company procedures.
    • Reviews all monthly financial reports prior to submittal to client(s).
    • Communications with accounting and lease administration.
    • Preparation and monitoring of property operating budget.
  • Administration
    • Handles employee selection, training, and control, and assures that all supervised employees comply with the appropriate policies and procedures.
    • Interfaces with outside professionals regarding legal, accounting, insurance, tax, and other matters, as appropriate.
    • Ensures property files and records are maintained.
    • Continually improves management and technical skills.
    • Spends agreed-upon percentage of time in both office and property visits obtaining market knowledge, tenant relations, and asset evaluation.
    • Completes all duties in a professional and timely manner.
  • Expectations
    • Polite/respectful (internal and external)
    • Committed to customer service
    • Professional in both dress and demeanor
    • Take ownership and understand entire property operations - physical/fiscal
    • Communicate effectively and efficiently (keeps all parties informed)
      • Owners
      • Tenants
      • Brokers
      • Accounting
    • Maintain effective balance
    • Responsive to requests whether internal or external to the company
    • Team member and collaborative
    • Understand "big picture" of property and operations and how to increase NOI (net operating income) for owner/client

All interested applicants should respond with an attached resume and salary requirements. Cushman & Wakefield | Thalhimer is an Equal Opportunity Employer.

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