Property Manager

Cornerstone Companies•Indianapolis, IN

1d•Onsite

About The Position

The Property Manager is responsible for the day-to-day management efforts related to a portfolio of on-campus and off-campus medical office buildings. This position is responsible for implementing financial and operational initiatives in accordance with policies and budgets.

Requirements

Bachelor’s Degree in Sales, Real Estate, Business Management, or related field.
Minimum of 3 years’ previous experience in commercial real estate property management.
Valid Real Estate license or the ability to obtain Real Estate license within 1 year of date of hire.
Strong knowledge of finance and building operations concepts and processes.
Ability to effectively analyze, prioritize, and delegate.
Ability to operate independently and as a member of a team.
Strong verbal and written communication skills.
Valid driver’s license and the ability to travel, as needed, to client locations.

Nice To Haves

CAM or RPA designation or currently working toward these designations strongly preferred.

Responsibilities

Oversee all lease administration duties.
Monitor collections and coordinate default proceedings.
Approve pre-postings for monthly tenant charges.
Ensure compliance with Property Management Policies and Procedures, codes, regulations, and governmental agency directives.
Develop comprehensive annual inspection processes for properties; complete weekly, monthly quarterly, and annual property inspections as required for assigned assets, Cornerstone’s best practices, and/or client requirements.
Develop operating and capital budgets
Perform CAM reconciliations and ensure smooth recovery process.
Prepare monthly accruals
Complete owner specific monthly financial reporting packages
Review and approve property rent rolls monthly to ensure accuracy
Bid, negotiate, and manage conformity with vendor contracts in accordance with Cornerstone’s contract requirements and/or client requirements.
Manage tenant move ins/move outs, walk suites
Maintain interface with third party owners and accounting team to ensure total contract compliance, including preparation of accurate and timely reporting.
Coordinate and oversee on behalf of the client, all tenant and building construction work to ensure timely and accurate completion.
Provide and foster positive relationships with tenants, vendors, external clients, and internal departments.
Participate in leasing and client term meetings and ensure effective communication between leasing and property management team members to achieve client’s goals and objectives.
Facilitate quarterly meetings with facility supervisors.
Other duties as assigned.