Manager, Senior Portfolio

Newmark • King of Prussia, PA

5h

About The Position

Enhance and maximize the value of the owner’s investment in real estate in the district. Plan, organize, direct and control the activities of the properties under supervision so as to optimize the utilization of all resources available. Participate in formulation of overall property objectives, policies and plans appropriate to the scope of services on each specific assignment.

Requirements

• Bachelor’s Degree in Business Administration or a real estate related field
• CPM and/or RPA designation
• Minimum 10 years previous experience in property management
• Human relations skills in addition to good written and verbal communication skills
• Negotiating and communication skills, ability to perceive problems and react quickly to effect solutions with integrity
• Broker or salesman license as required for property management in the state where transacting business

Nice To Haves

• Senior management experience with a management firm, owner or developer of “Class A” property preferred

Responsibilities

• Senior liaison between owner/client and property management group. Assure appropriate Newmark assets are applied to each property.
• Assist in design specifications, negotiation and implementation of all vendor contracts and capital projects. Evaluate and recommend alternatives to ownership via financial, operational and qualitative impact.
• Formulate and implement fiscal, long-term operating, and capital budgets in conjunction with owner and property management.
• Evaluate the feasibility of new or revised systems and procedures.
• Monitor actual vs. budgeted performance results and continually enacts plans with property managers to maintain/exceed economic targets.
• Oversee audits to ensure compliance with established property / company standards, policies, procedures, local codes, and legal regulations.
• Work with leasing agent (where applicable) to assure operations and capital plan support leasing program.
• Continually develop relationships with and actively seek referral business from company units and offices. Appropriately, solicit and build additional business with existing company clients.
• Seek ways to develop and implement outstanding service programs for clients and tenants. Participate in the development of and implementation of staff planning and management development programs to meet on-going management and professional requirements, as well as ensuring that trained, capable personnel are provided a continuous product of such programs in all levels of the region for promotional progression.
• Initiate and authorize expenditures, appropriations and commitments and pricing strategies which are within the limitations of delegated authority and for those outside this level, recommend appropriate action.
• Develop policies to ensure that information requirements of each property are met accurately in a timely manner.
• Supervise the operations of office building managers and staff to ensure that the administration, maintenance, repair, renovation and construction personnel and financial activities are within company guidelines as well as clients’ needs.
• Monitor Newmark compliance with the terms of the Management Agreement.
• May perform other duties as assigned
• Prepare and conduct the performance review and make salary recommendations for all direct reports. As appropriate, review and approve staff performance reports.
• Maintain familiarity with market conditions and competitive properties in order to make informed recommendations.
• As appropriate, report to senior management on all aspects for the building operations through daily communications, reports, and staff visits. Communicate information regarding the building operations by fax, reference daily telephone communications and in writing as deemed appropriate, and in accordance with company policy

Benefits

• Industry leading Parental Leave Policy (up to 16 weeks)
• Generous healthcare
• Bright Horizons back-up care program
• Generous paid time off
• Education reimbursement
• Referral Program
• Opportunities to network and connect
• Benefits/perks listed may vary depending on the nature of your employment with Newmark and the job location.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior