What are the responsibilities and job description for the Stoltz Management of Delaware | Property Manager- Raleigh position at Stoltz Management of Delaware?
Real estate private equity firm with extensive holdings throughout the U.S. is seeking a highly motivated and talented Property Manager to join its team. The firm’s portfolio for which the candidate will be responsible includes office, retail, and industrial properties in the Southeast region of U.S. This position involves travel to properties in multiple markets - Philadelphia, Nashville, Raleigh, ATL, etc.
The property manager will work closely with senior management to determine each property’s operating goals and objectives and the strategy to achieve them. The successful candidate must be well-versed in all aspects of property operations including construction, vendor relations, maintenance, security, leasing, rent collection, financial reporting, and tenant relations. The candidate must also be detail-oriented with a demonstrated ability to work independently and follow through on assignments.
Key Responsibilities :
- Monitor property operations, including leasing, maintenance, administration, and policy and procedures to ensure compliance with the properties’ established budgets and business plans
- Manage vendors and maintenance personnel
- Oversee tenant improvement and minor construction projects
- Communicate with tenants, oversee rent collection activities and address daily tenant issues and requests
- Work with accounting team on monthly reporting, CAM reconciliations, annual budget preparation, and monthly budget monitoring
- Prepare, implement, and meet the annual operating and capital budgets / forecasts for assigned properties.
- Ability to prepare and manage property budgets.
- Review and approve bills and expenses, approve tenant adjustments, classify expenses
- Prepare and review monthly property status reports with the Director of Property Management.
- Travel to, and conduct regular site visits to inspect property, evaluate rents, delinquencies, and assist with lease renewals as needed.
- Ensure all rents are collected compliant with tenant lease and understand rent payment provisions and rent collection procedures.
- Coordinate and supervise all tenant move-in / move-outs.
- Maintain an ongoing program for building maintenance and cleaning to include scope.
- Oversee third party service providers to ensure contracts are adhered to and appropriate service levels are being met at the most competitive pricing.
- Provide ongoing input in the development and maintenance of assigned properties business plans including capital expenditure recommendations. Acquire and maintain a thorough working knowledge of each plan to ensure assigned properties are managed consistent with their current business plan.
- Understand and coordinate building and building systems inspections.
- Develop specifications for contracts and capital items, bid and analyze bids from vendors
- Review and maintain property operating and maintenance contracts to ensure high-quality services are being provided
- Ensure vendors are fully qualified and in compliance with ownership requirements and periodically obtain competitive bids to continuously challenge costs and quality of services.
- Provide quality and timely customer service to tenants.
- Be available 24 / 7 for emergency calls
- Ensure property is in compliance with governmental guidelines and regulations, file required reports and maintain appropriate documentation.
- Coordinate outside consulting services and third-party vendors such as architects, engineers, contractors, legal counsel as needed
- Assist in the due diligence for new acquisitions as needed
- Perform other duties as assigned
Qualifications :
