Weston Associates Verified
Real Estate
Property Manager
Warrensville Heights, OHOnsiteFull TimeManager / HeadPosted 1 month ago
Required skills
- property management
- industrial real estate
- financial performance
- tenant satisfaction
- property budgets
- rental income
- vacancy rates
- operating costs
- financial analysis
- property maintenance
Nice to have
- RPA BOMI designation
- Real Estate License
Role summary
The Property Manager is responsible for overseeing the operations, management, and financial performance of a portfolio of industrial real estate properties. This role involves ensuring properties are well-maintained, meeting tenant needs, and maximizing investment returns. Key responsibilities include developing and managing property budgets, implementing strategies to maximize rental income and control costs, overseeing maintenance and capital improvement projects, and managing tenant relations and lease administration. The ideal candidate will have 5+ years of experience in property management, strong financial acumen, and excellent communication and problem-solving skills.
JOB DESCRIPTION JOB TITLE: Property Manager DEPARTMENT: Property Management REPORTS TO: Senior Property Manager - NEO STATUS: Full-Time, Salaried, Exempt About the Role The Property Manager will be responsible for overseeing the operations, management, and financial performance of a portfolio of properties. This role involves ensuring the properties are well-maintained, meeting tenant needs, and maximizing the investment returns. The Property Manager collaborates with various stakeholders including tenants, leasing agents, contractors, and property owners. What You Will Do
- Oversee the management of properties, develop, and implement strategic plans to achieve pre-determined objectives, enhance property values, and optimize financial performance.
- Work through the Senior Property Manager to implement the designated strategies identified by the Asset Management Team for each of your properties.
- Function as the primary point of contact for tenants, addressing their concerns, resolving issues, and ensuring elevated levels of tenant satisfaction.
- Assist Project Management in coordinating tenant improvement projects, ensuring timely completion and adherence to budgetary constraints.
- Develop and manage property budgets, working closely with the accounting department to track income, expenses, and overall financial performance.
- Implement strategies to maximize rental income, minimize vacancy rates, and control operating costs. Conduct regular financial analyses, prepare financial reports, and provide recommendations for improving property performance.
- In conjunction with the Facility Management team, oversee property maintenance activities, including repairs, renovations, and capital improvement projects. Collaborate with vendors, contractors, and service providers to ensure timely and cost-effective delivery of services.
- Periodically evaluate the performance of vendors and service providers to ensure Weston is receiving the best value quotient of cost vs. quality.
- Maintain compliance with local building codes, safety regulations, and environmental standards.
- Enforce lease terms, monitor tenant compliance, and address violations promptly.
- Manage accounts receivable for your properties, including reviewing delinquencies, supporting collection efforts, and ensuring timely resolution.
- Demonstrated ability to communicate information and ideas clearly and professionally, both verbally and in writing.
- Strong decision-making skills with the ability to evaluate multiple options and determine the most effective course of action.
- Proactive and resourceful, with a proven ability to anticipate needs and take initiative before issues arise.
- Composed and objective under pressure, maintaining professionalism in challenging fast-paced situations.
- Skilled in problem solving and conflict resolution.
- Strong analytical and critical thinking skills; able to synthesize complex information from multiple sources and adapt to changing circumstances.
- Effective listener and collaborator who can understand and clarify concerns raised by tenants, vendors, and colleagues.
- Financially literate with the ability to interpret budgets, analyze financial data, and perform basic mathematical functions accurately.
- Ability to multitask, prioritize workloads, and manage competing deadlines effectively.
- Bachelor’s degree in real estate, business administration, or a related field (or equivalent experience).
- 5+ years of experience in property management, with a strong focus on Industrial Real Estate assets.
- Real Estate License or RPA BOMI designation preferred.
- In depth-knowledge of property management principles, lease administration, and local real estate laws and regulations.
- Proven track record of successfully managing large property portfolios and delivering strong financial results.
- Strong financial acumen and proficiency in budgeting, financial analysis, and reporting.
- Requires occasional climbing of ladders and accessing rooftops; must be comfortable working at moderate heights; some work required in a typical office environment.
- This position involves the ability to stand periodically, walking, bending, pushing, pulling, and lifting as part of property inspections and site visits.
- Must be able to lift, carry, push, or pull objects weighing up to 25 pounds.
- This is a full-time position, and workdays are Monday through Friday. Occasional work outside of normal business hours may be required as needed.
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