Bridge33 Capital

Assistant Property Manager, Commercial Real Estate

Bridge33 Capital

full-time

Posted on:

Origin:  • 🇺🇸 United States

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Salary

💰 $58,000 - $68,000 per year

Job Level

JuniorMid-Level

About the role

  • Support the Property Manager in managing all aspects of property management functions for Bridge33 assets, including tenant and vendor relationships, lease obligations, construction management, and rent collections
  • Respond to tenant needs urgently and ensure repairs/issues are resolved promptly and cost-effectively
  • Ensure services comply with company policies, procedures, regulations, contractual obligations and standards
  • Perform periodic property inspections and complete site audit forms; recommend/approve alterations, maintenance, and reconditioning
  • Bid, secure and administer service agreements with vendors and suppliers, negotiate to achieve cost savings
  • Resolve maintenance issues, administer property improvements, and oversee existing conditions to preserve the shopping center
  • Coordinate tenant move-ins and move-outs, walk-throughs, and manage tenant improvement projects including oversight of general contractors
  • Prepare and deliver timely, accurate asset updates and reports
  • Develop and control annual operating budgets and rent rolls; forecast management plans and review monthly A/R aging reports
  • Assist with creating tenant lease abstracts and manage critical dates and actions
  • Assess risks and implement facility preparation, assessment, and recovery strategies as part of business continuity
  • Collect rent, pay expenses per lease terms, prepare legal notices and recommend/coordinate legal action when necessary
  • Collaborate to develop and manage tenant retention and maintain strong vendor relationships
  • Participate in industry/trade and civic organizations to develop new business relationships
  • Respond 24/7 to tenant issues and property emergencies
  • Perform other duties as assigned

Requirements

  • Minimum of 2 years’ experience or training in management, business, or a field related to commercial or retail real estate
  • Ability to analyze and interpret financial reports, budgets, contracts and similar documents necessary to manage and operate a shopping center
  • Demonstrate sound verbal and written communication skills
  • Ability to adapt to a dynamic work environment
  • Knowledge of lease financial terms and principles, including rent calculations, operating expense management and reconciliations
  • Ability to calculate intermediate figures such as percentages, discounts, and/or commissions
  • Conducts basic financial analysis
  • Ability to make decisions based on real estate business practices and procedures as well as company policies
  • Responsible for setting own project deadlines when necessary
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