Property Manager

Weston Associates Inc.•Warrensville Heights, OH
•Onsite

About The Position

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.

Requirements

  • 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.
  • 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.

Nice To Haves

  • Real Estate License or RPA BOMI designation preferred.

Responsibilities

  • 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.
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