Property Manager

Regency Centers•Bethesda, MD

About The Position

Regency Centers is seeking a Property Manager for its regional office in Bethesda, Maryland. The role oversees the operations and maintenance of a portfolio of six retail shopping center properties spanning the Baltimore, Edgewater, and Silver Spring areas, under the guidance of the Senior Regional Property Manager. The Property Manager is responsible for fiscal management, physical property performance, tenant and vendor relations, operational matters, tenant improvements, capital construction projects, and identifying ancillary income opportunities. The role also contributes to special projects and ongoing initiatives as needed. Travel around the region to visit the properties is required.

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 in 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 areas.

Nice To Haves

  • Five to seven years of experience in commercial real estate, commercial property management, and/or accounting.
  • Experience managing commercial properties, especially 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

  • Manage fiscal matters for assigned properties, including accounts receivable and payable, operating expense control, completion of budgeted Capital Improvement Program items, and assistance with budget preparation.
  • Prepare monthly and annual financial reports and present report findings to senior management.
  • Manage the physical performance of assigned properties, including inspections, approval of improvements and signage, collection of tenant improvement paperwork, soliciting bids, and vendor selection.
  • Develop and maintain strong relationships with tenants and vendors.
  • Manage operational issues, including tenant transitions, assignment processing, collection of rent relief application paperwork, and collections.
  • Manage and oversee tenant improvements and capital construction projects.
  • Identify and implement ancillary income opportunities in accordance with company goals and objectives.
  • Work on special projects and ongoing initiatives according to current needs.
  • 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 service.
  • Health Advocacy and Employee Assistance Program.
  • 401(k) with company match of up to $5,000 annually and corporate profit sharing.
  • Anniversary stock grant awards of up to $1,000.
  • Health Savings Account, 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.
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