Property Manager

Regency Centers•Bethesda, MD
•$85,000 - $110,000•Onsite

About The Position

Regency Centers is seeking a Property Manager for its regional office in Bethesda, Maryland. The role manages the operations and maintenance of an assigned portfolio of six retail shopping center properties spanning the Baltimore, Edgewater, and Silver Spring areas, under the guidance of the Senior Regional Property Manager. Responsibilities include fiscal oversight, management of property performance and tenant and vendor relationships, coordination of property operations and construction work, and support of company initiatives.

Requirements

  • Bachelor’s degree in Business Administration, Finance, Accounting, Real Estate, or a related field; seven or more years of experience may be considered in lieu of a bachelor’s degree.
  • At least two years of operational experience within the real estate industry.
  • Intermediate proficiency with Microsoft Office, including Excel, Word, and Outlook, as well as email and internet research functionality.
  • Qualitative and analytical skills with strong attention to detail.
  • Ability to quickly learn and use new programs, such as Nexus, JD Edwards, and Engie.
  • Basic knowledge of bookkeeping, the retail leasing industry, and contract terminology.
  • Ability to travel to properties in the Baltimore, Edgewater, and Silver Spring area.
  • Regency Centers will not sponsor employment-based immigration petitions or applications for this position.

Nice To Haves

  • Five to seven years of experience in commercial real estate, commercial property management, and/or accounting.
  • Experience managing commercial properties, particularly retail properties and/or mixed-use properties with a retail component.
  • Working knowledge of JD Edwards or other accounting software.
  • Experience in event planning or marketing.
  • ICSC membership and regular attendance at local events.
  • Real Estate license.
  • Previous experience in construction or architectural services.

Responsibilities

  • Oversee fiscal management of assigned properties, including accounts receivable and payable, operating expense control, budgeted capital improvement items, budget preparation, financial reporting, and presentation of findings to senior management.
  • Manage the physical performance of assigned properties, including inspections, approvals of lease-related improvements and signage, collection of tenant improvement paperwork, and soliciting bids and selecting vendors.
  • Maintain and develop strong relationships with tenants and vendors.
  • Manage operational matters, including tenant transitions, assignment processing, rent relief application paperwork, and collections.
  • Manage and oversee tenant improvements and capital construction projects.
  • Identify and implement ancillary income opportunities in line with company goals and objectives.
  • Work on special projects and ongoing initiatives as needed.
  • Travel around the region to visit assigned properties.

Benefits

  • 23+ PTO days annually.
  • 11 paid holidays in addition to PTO.
  • Paid leave programs for parental leave, compassion, bereavement, jury duty, and military leave.
  • Health Advocacy and Employee Assistance Program (EAP).
  • 401(k) with company match of up to $5,000 annually, plus corporate profit sharing.
  • Anniversary stock grant awards of up to $1,000.
  • Health Savings Account (HSA), Health Care FSA, and Dependent Care FSA.
  • Company-paid Life Insurance/AD&D and Disability Insurance.
  • Voluntary supplemental benefits, including life/AD&D, critical illness, accident, hospital indemnity, and identity theft coverage.
  • Student loan repayment resources.
  • Medical, dental, and vision insurance.
  • Wellbeing program through Personify Health.
  • Family planning, mental health, and pain management programs.
  • 52 hours per year of paid Volunteer Time Off.
  • Company gift matching.
  • Tuition reimbursement.
  • Continued education opportunities.
  • LinkedIn Learning premium subscription.
  • Professional membership support.
  • Employee Resource Groups.
  • Eligibility for a 10% target bonus opportunity.
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