Commercial Real Estate Manager manages associates soliciting and servicing a variety of commercial real estate loans. Offers guidance and support to commercial real estate loan officers. Being a Commercial Real Estate Manager works with highly complex loans such as investments, development, and construction. Ensures loan requests are analyzed and evaluated properly. Additionally, Commercial Real Estate Manager authorizes loan requests after credit and appraisal evaluation. Requires a bachelor's degree. Typically reports to a director. The Commercial Real Estate Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Commercial Real Estate Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
The Property Manager is responsible for effectively administering policies & procedures that promote well-managed, well-maintained buildings including oversight of an administrative and maintenance staff.
Desired Competency, Experience and Skills:
• Bachelors Degree, or demonstrated experience
• Minimum of 5 years of Commercial Property Management experience with preference to CPM or RPA designations
• Experience with institutional financial reporting requirements
• Familiarity with TOBY process, LEED/Energy Star reporting
• Proficiency with JDEdwards, Yardi, Kardin software preferred
• Excellent verbal and written communication skills
• Organized, able to prioritize multiple projects, delegate appropriately and always have a positive, professional presence.
Responsibilities:
• Participating with and Inspiring a team to operate at their highest efficiency
• Demonstrating knowledge of work order software or tenant request procedures
• Promptly responding to tenant and owner requests in a professional manager
• Abstracting and interpreting lease clauses
• Negotiating RFPs for vendor service contracts, maintain and develop relationships to achieve optimum performance and competitive pricing.
• Creating and implementing a Tenant retention program
• Prepare, review and provide monthly financials and operation reports as required accurately and timely.
• Reviewing AR, AP and monthly tenant billings for accuracy and timeliness
• Performing CAM reconciliations yearly and re-forcasts as required
• Overseeing tenant improvement projects, including bidding and coordination of delivery
• Maintaining current W9 and COIs for tenant, service providers and owners
• Preparing annual budgets
• Being a constant learner and bringing existing experience to the team
• Actively engaging and developing skills of team members
• Actively engaging with leasing teams to prepare the property for leasing