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Sagard

Equity capital provider for midsized firms

Senior Property Manager

Real Estate Property ManagementUpdated on Nov 15
Full-timeRutherford, NJ, USAIn-person

About the Job

Requirements

  • High school diploma or equivalent.
  • At least 5 years of experience in property management.
  • Experience with the industrial asset class.
  • Ability to manage personnel and vendor relationships.
  • Knowledge and experience in all aspects of MRI and the accounting process.

Responsibilities

  • Direct and coordinate the fiscal, administrative, and physical operations of one or more properties.
  • Calculate tenant charges and coordinate posting with accounting; review monthly rent-ups and expense recovery calculations for accuracy.
  • Track and collect delinquencies, including late fees and interest.
  • Prepare monthly reports, including accruals, property summaries, budget variances, re-classes, and receivables-collection strategies.
  • Approve property accounts payable for accuracy and budget conformance.
  • Develop operating and capital budgets that reflect the investment objectives for the property.
  • Invoice construction management fees for tenant improvement and capital expenditure projects according to the property management agreement.
  • Review and approve operating expense reconciliations.
  • Approve lease abstracts, provide them to accounting for entry into MRI, and review mid-lease reminder items.
  • Coordinate with the accounting department on requests as needed.
  • Direct daily loss prevention, risk management, safety and security, maintenance, and other property operations.
  • Ensure property management services comply with agreements, policies, procedures, regulations, contractual obligations, and standards.
  • Improve work processes and results to better meet owners’ expectations.
  • Administer leases by analyzing clauses, enforcing tenant compliance, and performing landlord obligations.
  • Inspect properties regularly and ensure cleanliness, proper operation, and follow-up on items by appropriate staff or vendors.
  • Inspect vacant spaces regularly and support leasing efforts as needed.
  • Engage, contract, and supervise vendors and service providers needed to maintain the asset to company standards and investment strategy.
  • Forecast and manage replacement of major capital expense items, including HVAC systems, roof systems, and parking lot surfaces.
  • Manage tenant improvement and building capital projects for the owner.
  • Review construction documents for accuracy and viability.
  • Develop requests for proposals, qualify and analyze bids, maintain project records, and perform detailed cost accounting.
  • Monitor construction progress and conformity to plans and specifications.
  • Maintain current tenant and vendor certificates of insurance using the GetJones platform.
  • Develop emergency-services networks, 24/7 property coverage, emergency procedures for tenants and staff, and crisis communications plans.
  • Ensure tenant commencement letters are signed and updated in MRI after move-in.
  • Build working relationships with tenants, understand their businesses and needs, and address issues proactively to maintain satisfaction.
  • Handle maintenance, cleaning, and other tenant or vendor calls, or route them to appropriate staff.
  • Ensure prompt and satisfactory resolution of work orders and maintenance requests.
  • Review work-order reports for recurring issues and address them with the engineer.
  • Coordinate tenant move-ins, including keys, mailbox access, building access cards, and tenant welcome handbooks.
  • Direct preparation and organization of tenant events, including welcome gifts, lobby events, food trucks, fire-warden training, and fire drills.
  • Direct, develop, motivate, and evaluate personnel.
  • Coordinate with company disciplines and departments to support a team approach to property management.
  • Assist the Acquisitions team during due diligence as needed and lead onboarding of new regional properties.
  • Support property-team transitions, orientations, policies and procedures, expectations, and other onboarding needs.
  • Conduct annual performance reviews and quarterly check-ins with administrative and engineering personnel, and recommend salary increases and bonuses.
  • Keep current on property-management technologies, best practices, systems, and procedures through membership and participation in professional, industry, trade, and civic organizations.

Desired Qualifications

  • AvidX Software experience.
  • MRI accounting software experience.
  • COVE Building Software experience.

About the Company

Sagard

Equity capital provider for midsized firms

Sagard is a French investment fund that provides equity capital to support the growth of midsized companies led by ambitious management teams. Based in Paris, Sagard manages about €2.5 billion and has completed 34 deals since 2004 in the industrial and service sectors across France, Belgium, and Switzerland. The firm partners with established industrial families (including the Desmarais family via Power Corporation of Canada) to invest in companies, typically taking equity stakes to back development efforts and strategic goals. Sagard differentiates itself with a long-standing, family-backed platform and a focused regional footprint, relying on a small team of about 10 professionals to source, execute, and support investments. The goal is to help mid-market companies grow and create value for both management teams and investors by providing patient capital and strategic backing.

Company size
11-50
Company stage
N/A
Total funding
$166M
Headquarters
Paris, France
Founded
2005

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