Property Manager

HireUp Talent•Sterling, VA

1d•Hybrid

About The Position

The Property Manager position is an excellent opportunity for a talented individual with commercial real estate experience to join Elion‘s Property Management team and be involved in all aspects related to the management of a growing portfolio of predominantly industrial and logistics properties in Washington, DC Market. About Elion Partners Elion is a tech-enabled alternative investment manager focused on industrial and logistics real estate. As a vertically integrated institutional platform, the Firm manages $3.0 billion in gross real estate assets. Founded in 2010 and headquartered in Miami, Florida, Elion acts as both a fiduciary and operator. The firm is led by a well-diversified, dedicated team with experience in investing, asset management and real estate operations. Over the past 10 years, Elion has managed $3 billion in gross real estate assets across its investment platform, including two fully cycled closed-end real estate funds, and has invested in more than 140 properties. Elion is a meritocracy, fostering an entrepreneurial culture focused on collaboration, inclusion, and social responsibility to deliver on our commitment to investment excellence and service to our capital partners. The firm is 100% minority-owned and the team is more than 65% diverse. Candidates with a team-driven approach who possess a commitment to diversity, equity and inclusion will be well-aligned with Elion’s goals.

Requirements

Bachelor’s Degree from an accredited four-year college or equivalent in general business, real estate, finance, accounting, economics or related field
5-7 years of work experience in commercial real estate
Ability to read and interpret property financial statements including income statements, balance sheets, and general ledgers
Ability to understand and interpret legal documents such as commercial leases, purchase and sale agreements and loan documents
A critical thinker with strong financial and analytical skills
Savvy with technology and advanced proficiency with MS-Office products; working knowledge of Excel a must.
Excellent verbal and written communication skills
Occasional travel required
Ability to multi-task and prioritize workload effectively
Detail and deadline oriented
Conscientious about timeliness of assignments and quality of work product
Ability to work in a cooperative team spirit to actively contribute to the betterment of the company
Elion has an internal methodology encompassed in The Elion Way ("TEW") that drives every interaction, transaction or initiative. TEW is rooted in Elion's corporate culture built on ethics, trust and transparency; candidate should possess similar values

Nice To Haves

Experience with Yardi.

Responsibilities

Manage all aspects of a complex property or multi-owner portfolio of commercial, industrial, or retail properties. Oversee all operations and financial activities.
Respond to tenant needs, ensuring that administrative and building technical staff resolve problems promptly. Ensures that services are provided in compliance with policies, procedures, regulations and contractual obligations and standards.
Ensure periodic regular property inspection. Recommends and/or approves alterations, maintenance and reconditioning as necessary. Contracts for and supervises vendor services as required.
Coordinate tenant move-ins and move-outs, and "walk-through" spaces with tenants and construction management department.
Act as primary contact with property owners to ensure that objectives as being met.
Prepare and deliver timely, accurate and complete reports.
Develop and control annual business plan including budgets for operating and capital expenses. Forecasts management plans and prepares monthly performance, explaining variances.
Collect rent and pays expenses in compliance with management agreement and applicable lease terms.
Recommend and coordinate legal action as necessary.
Review and reconcile tenant rent and Common Area Maintenance (CAM) recovery charges.
Assist in early terminations of leases. Provide lease analysis for client's review and approval. Document settlement of and notifies affected parties.
Support all property sales by overseeing due diligence process and monitoring the activity of outside brokers.
Develop business relationships through membership and participations in professional, industry/trade and civic organizations.
Assist in supervision of the property management team, maintenance staff and contractors.
Anticipate future maintenance and construction expenditures and put in motion to get items completed for a fair price as well as a timely manner.
Prepares correspondences, RFP’s, review Contracts, Service Agreements, default letters, review departments and tenant charge backs.
Continuously use and update the property management policy and procedures manual as well as all forms to streamline processes and ensure efficient and consistent dealing with issues that arise.
Hold the maintenance staff and contractors accountable for fair pricing, completion of work in a timely manner, and completion of work in a workman like fashion.
Maintain organized files on each project. File documentation in its appropriate file; tenant or working files.
Perform other duties as assigned.