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Commercial Real Estate Property Manager

Finmarc Management, Inc.
Bethesda, MD Full Time
POSTED ON 11/28/2024 CLOSED ON 12/27/2024

What are the responsibilities and job description for the Commercial Real Estate Property Manager position at Finmarc Management, Inc.?

Finmarc Management is a fully integrated commercial real estate company that focuses on the investment, management, leasing and development of retail, industrial/flex, and office buildings throughout the Mid-Atlantic region. Finmarc currently manages nearly 7.0 million square feet of commercial real estate assets for its own account and for third party owners.


About this Opportunity:

Finmarc Management is seeking an experienced Commercial Property Manager to assist in the expanded growth of our property management portfolio.


Key Responsibilities:

  • Provides direction and leadership for an assigned management portfolio and, if required, its on-site or contracted/roving staff
  • Inspects assigned properties on a regular schedule, identifies any deficiencies, and recommends /implements plans for resolution. Prepares regular reports to Director regarding operating issues
  • Recommends, prepares, and manages routine service contracts for maintenance and other operating activities within the portfolio
  • Meets regularly with all tenants in assigned portfolio. Prepares regular reports to Director regarding tenant issues and satisfaction
  • Works closely with leasing and asset management staff, including outside brokers, to prepare spaces for lease and to manage move-ins and move-outs
  • Oversees capital and tenant improvement process for assigned portfolio, including the oversight of minor tenant upfits and both minor and major common area repairs
  • Interacts regularly with contractors and local government officials (police and fire, building inspectors)
  • Prepares, monitors, and implements annual operating budgets for assigned properties
  • Reviews and approves invoices for timely payment
  • Prepares monthly invoices for special tenant reimbursements, such as utilities or lease-required repairs
  • Prepares monthly operating reports, including the drafting of variance analyses and explanations of accounts receivable for portfolio
  • Reviews accounts receivable for assigned portfolio on a monthly or more frequent basis and, working with in-house staff, leads efforts for collection
  • Administers, interprets, and enforces lease provisions. Works closely with Lease Administration on billing and other relevant lease issues
  • Assists with special projects for properties within portfolio as needed
  • Is available and on call 24 hours a day


Qualifications:

  • At least seven (5) years commercial property management experience required (residential management experience is not acceptable)
  • Must have experience in commercial office, flex/industrial, and retail strip center management
  • Strong interpersonal skills and problem-solving ability
  • Excellent oral and written communication skills
  • Must be detail oriented and able to handle multiple projects simultaneously
  • Must be well-organized, and consistently have demonstrated ability to meet deadlines and complete projects
  • Must be familiar with and have ability to interpret standard accounting schedules, such as general ledgers, income statements, rent rolls and aged accounts receivable reports
  • Yardi real estate management software experience a plus
  • Must be able to operate in Windows environment proficiently (i.e.: MS Word, MS Excel, MS Outlook, MS Teams)
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