B. F. Saul Company · 2 months ago
Commercial Mixed-Use Property Manager
Bethesda, Maryland
Full-time
Onsite
Mid, Senior Level
$90K/yr - $130K/yr
3+ years expB.F. Saul Company is a self-managed real estate investment trust that operates a diverse portfolio of shopping centers and office properties. The Commercial Mixed-Use Property Manager will oversee the physical operation, maintenance, lease administration, and fiscal management of these properties, ensuring efficient operations and positive tenant relationships.
Real Estate
Responsibilities
Supervises the repair, maintenance, and operation of assigned retail properties, utilizing the services of employees or contractors
Regularly inspects retail properties to ensure that buildings are in good operating order and appearance
Prepares bid proposals for all outside service contracts per Policies and Procedures
Awards contracts with approval of supervisor
Supervises and evaluates all outside contractors for performance per specifications
Accepts responsibility for accounts payable from purchase orders through coding and approval for payment
Creates accrual operating budget for fiscal year which, when approved by Owner’s representative, shall constitute fiscal plan for property
Prepares written, detailed management plan, reflecting the approved budget expenses and detailing building standard services to be provided and non-standard services to be offered
Prepares cash flow operating projections for full or partial fiscal year
Prepares written reports on the physical status of the buildings with recommendations for repairs or replacements
Prepares financial reports and variance reports as required
Understanding of cash flow at properties and reasons for variances is critical
Reconciles weekly all invoicing by coding properly and forwarding to accounting
On a monthly basis, reports to senior management on all financial accounting explaining any variances in their portfolio
Reviews rent roll and sales reports monthly noting differences and communicating with retail tenants concerning compliance in reporting sales
On a 24-hour basis, responds as necessary to any building emergencies that cannot be handled by the maintenance supervisor
Must advise supervisor when travelling outside of greater Washington area
In order to respond to emergencies, the property manager carries a cell phone at all times (24/7)
Takes necessary steps to safeguard or minimize damage to property
Coordinates with retail leasing representative and construction manager regarding introduction of retail tenants to building after lease execution
Monitors retail tenant improvements to effect smooth transfer of responsibility from construction department to management
Ensures that construction work performed in buildings, whether by management company or by tenants, is performed in accordance with Policies and Procedures
Provides lease administration per Policies and Procedures
Reviews all initial lease abstracts and monitors billing of rents and operating expenses, rent escalations, and above-standard services and utilities
Provides direction and supervision to the Site Maintenance Supervisor in the performance of their duties
Evaluates responsiveness and discusses their performance, including areas of concern or development
Suggests special training if needed
Executes Retail Tenant Retention Program that includes periodic visits with retail tenant representatives
Records all contacts
Reports as required to management regarding the status of relations with each retail tenant per guidelines provided
Encourages by word and deed a positive customer service attitude for all staff members, emphasizing the importance of retail tenant satisfaction and retention
Performs evictions and works with Collections Department and Legal Department on tenant or property issues
Attending court as necessary representing the owner concerning property issues
Supervises security functions for protection of property in accordance with Policies and Procedures
Supervises fire and life safety annual inspections per Policies and Procedures
Accepts responsibility for administration of the risk management program
Responsible for obtaining and maintaining valid Certificates of Insurance as required from tenants and contractors
Seeks to identify process improvements including technology applications for operation of properties or other property management functions
Recommends changes and additions to Policies and Procedures
Other duties as assigned
Qualification
Required
Familiarity with building systems, building design, and interior construction
Proven strong interpersonal skills
Demonstrated organizational skills
Strong analytical skills
Proficiency with word processing, spreadsheet, and property management software
Exceptional verbal and written communication skills
Effective team member
3 -5 years Commercial Retail Property Management Experience
Valid Driver's License and reliable transportation to office and multiple properties in the portfolio
Ability to visit retail properties, maintenance staff, and tenants
Ability to inspect exterior and interior of retail properties, including mechanical rooms, roofs, and stairwells. Roof access may require climbing interior or exterior ladders
Preferred
Four-year College Degree preferred or a combination of education and commensurate work-related experience
RPA (Real Property Manager) and/or CPM (Certified Property Manager) Designation Preferred
Real Estate License Preferred
Benefits
Health/Medical Insurance including Dental and Vision
401(k) with company match
Paid time off
Bonus/Target Incentive
Tuition Reimbursement
Complimentary usage of modern in-house fitness center
On-premise full-service dining center discounts
Discounts via the company’s EAP
Monthly Employee Recognition Programs
Referral bonus
Pre-tax transportation options
Plus more!
Company
B. F. Saul Company
B. F. Saul Company is a real estate company in the US.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Todd Pearson
President and Chief Operating Officer
Company data provided by crunchbase