Newmark Group

Global commercial real estate advisory brokerage

Property Manager

Real Estate Property ManagementPosted on Nov 12

Full-timeGlendale, CA, USANo salary listedIn-person

About the Job

Requirements

A bachelor's degree in business or a related field is required.
RPA and CCIM or CPM certification is required.
At least eight years of experience in property operations is required.
Knowledge of all aspects of business, including leasing and construction management, is required.
Experience being responsible for a portfolio of three or more projects with direct reports is required.
A valid real estate license is required in states where work is performed.

Responsibilities

Develop and implement policies, procedures, and programs to ensure buildings are well managed and maintained, with emphasis on responding to tenant needs, environmental health and safety, and quality programs, in coordination with the owner's goals and objectives.
Proactively respond to owner needs and requests to strengthen the relationship with the owner.
Assist senior management and the client in determining performance goals and objectives for real estate assets, and assist the Vice President and Portfolio Manager in developing and implementing recommendations to maximize property value in line with the owner's objectives.
Prepare and report information promptly to designated staff and property owners.
Create and develop upgrades to company services to exceed client expectations.
Develop staffing plans and job descriptions for assigned sites and promote ongoing education for on-site personnel.
Prepare and present the annual operating budget and monthly financial reporting package, with bottom-line responsibility for their content.
Review and approve annual lease reconciliations and estimates.
Establish goals and objectives for on-site staff and prepare employee evaluations and promotion and compensation recommendations.
Develop resource plans and ensure projects are completed to customer requirements, within set budgets and schedules.
Prepare lease abstracts and, in some cases, provide final approval of lease abstracts and final document output.
Review service-contract specifications; select and award service contracts; negotiate vendor service agreements; and monitor vendor performance for compliance with agreement standards.
Review and approve site-level payables and receivables.
Review and supervise property-related accounting output prepared by the accounting department.
Visit sites weekly to review policies, procedures, and personnel performance and approve invoices requiring signature; inspect all portfolio properties quarterly.
Perform short- and long-range planning for assigned properties.
Establish and ensure compliance with fire, life-safety, and other safety programs in conjunction with the Environmental Health and Safety Act.
Provide input to proposal efforts with senior management.
Work with management to develop and implement service programs for clients and tenants within the portfolio.
Work with management to ensure properties succeed as profit centers or as expense controls for ownership.
As needed, conduct market surveys, recommend pricing, develop marketing programs, and establish broker relationships to support leasing objectives.
Perform other duties as assigned.

Job Description:

Responsible for the development and implementation of policies, procedures and programs that will assure a well-managed, well-maintained building, placing maximum emphasis on positive response to the concerns and needs of the tenants, environmental health and safety, and quality programs, in coordination in conjunction with the owner’s goals and objectives.

Working Conditions: Normal working conditions with the absence of disagreeable elements

Note: The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.

Skills, Education and Experience:

Bachelor’s degree in business or related field. RPA and CCIM or CPM certification required.
Minimum of 8 years’ experience in property operations.
Knowledge in all aspects of business including leasing and construction management.
Must have been responsible for a portfolio of three or more projects with direct reports.
A valid real estate license is required in states where work is performed
May perform other duties as assigned

Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law

Essential Job Duties:

Assist in solidifying positive relationship with owner by being proactive and responsive to owners’ needs and requests.
Assist senior management in understanding and working with the client to determine the goals and objective for the performance of the real estate assets. Assist Vice President and Portfolio Manager in developing and implementing recommendations to position the property to achieve the highest value consistent with the owner’s objective.
Prepare and report information in a timely fashion to designated staff as set forth by Newmark and the property owners.
Create and develop upgrades to services being provided by the company in an effort to exceed client expectations.
Develop and implement staffing plans and job descriptions as required for assigned sites and promote continuous education for all on-site personnel.
Bottom line responsibility for the preparation, presentation and content of the annual operating budget and monthly financial reporting package.
Responsible for the final review and approval all annual lease reconciliation and estimates.
Establish goals and objectives for the performance of the on-site staff in meeting set goals and objectives in a timely and efficient manner. Prepare employee evaluations and make promotion and compensation recommendations.
Develop a resource plan with overall accountability for delivering a completed project, meeting customer requirements, within set budgets and schedules.
Prepare lease abstracts and, in some cases, may have final approval authority of all lease abstracts and final document output.
Review specifications prepared for service contracts. Responsible for selection and final award of contract services, vendor negotiation of service agreements and the overall monitoring of vendor performance to assure full compliance with standards established within the service agreement.
Review and approval of payables and receivables as prepared at the site level.
Review and supervise all accounting output as prepared by the accounting department as required by the property.
Weekly visits to sites to review policies and procedures, personnel performance, and approving invoices requiring signature. Quarterly inspections of all properties contained within the portfolio.
Responsible for short- and long-range planning for all properties assigned.
Ensure that all fire, life safety and other safety programs are established and followed in conjunction with the Environmental Health and Safety Act.
Maintain a positive image in performing daily work both internally and externally.
May perform other duties as assigned.

Other Job Functions:

Responsible for providing input to proposal efforts with the senior management.
Work with management to develop and implement outstanding service programs for clients and tenants within portfolio.
Work closely with management to ensure the property(s) succeeds as a profit center or expense control for ownership.
May be required to conduct market surveys, recommend pricing, develop marketing programs, and establish broker rapport in support of leasing objectives.

About the Company

Newmark Group

Global commercial real estate advisory brokerage

Newmark Group is a global commercial real estate advisory firm that provides brokerage, advisory, and capital markets services for commercial properties. It helps clients buy, sell, lease, and finance real estate by connecting tenants, landlords, investors, and lenders, and by offering integrated services from brokerage to investment advisory. The company works through a large, nationwide and international network, leveraging a history of acquisitions to deliver a broad set of real estate solutions across markets. Unlike firms that focus on a single service, Newmark combines brokerage, advisory, and investment capabilities, creating a wide platform for transaction execution and capital access. Its goal is to help clients navigate and complete real estate transactions efficiently while growing its position as a leading investment broker in the Americas.

Company size: 5,001-10,000
Company stage: IPO
Headquarters: New York City, New York
Founded: 1929

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