Senior Real Estate Manager
The Senior Real Estate Manager (SREM) will manage properties as directed by the property owners and in accordance with the standards and procedures of NexCore Properties.
The SREM functions as the professional-in-charge of specific identified assets under management.
As the lead professional, the SREM is responsible for all aspects of client and tenant satisfaction.
Of specific importance is achieving stated financial results and operating objectives.
The SREM is responsible to ensure a thorough understanding of the client's investment objectives and the development of acceptable property-specific strategic plans and operating and capital budgets.
Once developed, the SREM must oversee the implementation of approved initiatives and programs by managing and coordinating the efforts of the property team.
The SREM is responsible for the management, supervision, and professional development of all building personnel.
Key Responsibilities Develop and implement management plan for assigned properties to achieve investor return expectations while complying with company objectives and applicable laws Evaluate market conditions for each property and real estate investment climate that will affect business plan strategies.
Communicate competitive environment and market expectations to ownership Forecast competitive space availability for each property and develop marketing and pricing recommendations that will maximize the asset value of each property.
Forecast absorption of project vacancy Work in conjunction with NexCore leasing personnel or 3rd party leasing personnel on leasing strategy for each building and assist with lease renewals, if applicable Execute company process standards for tenant coordination including tenant finish standards, blocking plans, risk management, pricing presentations, invoicing for tenant contributions, punch lists, commissioning meetings, etc.
On a continuing basis, evaluate operating costs by monitoring each property's performance and results against approved budgets, recommending and/or approving necessary adjustments to achieve the scheduled cash flow or asset value objectives Review operating reports monthly for each property and ensure operating expense reconciliations are accurately prepared and oversee completion of periodic owners' reports Develop and maintain relationships with major tenants to demonstrate the Company's commitment to quality service, quality facilities, and positive, prompt, and effective customer service Responsible for creating strong internal and external relationships.
Managing and enhancing hospital relationships within an assigned portfolio, creating viable long-term partnerships Providing support and knowledgeable information to our hospital partners; acting as the go-to resource and primary point of contact within NexCore.
Initiate creativity to develop solutions with the goal of consistently exceeding expectations Monitor responsiveness to tenant requests for services and general customer service and satisfaction Supervise performance of direct reports providing feedback, evaluation, and recommendations for training and professional development Establishes written goals and objectives for direct reports and conducts periodic formal and information performance evaluations Ensure compliance of NexCore employment policies and address any personnel performance issues Provide evaluation of Company policies, procedures, systems, and programs to effect continual improvement in relation to real estate management functions Responsible for the compliance of all tenant lease agreements and ensuring all landlord and tenant obligations are met Skills, Knowledge and Expertise Education:
BA/BS Degree - Finance, real estate, related field required MBA - Preferred Real Estate License - Preferred Work
Experience:
7
years - Progressively responsible commercial property management experience required 7
years - Managing people (staff of 3 or more) required Skills:
Proficient in Microsoft Office Suite software Proficient in modeling investments with Excel or Argus Analytical and organizational skills Strong verbal and written communication skills Client and tenant management Yardi and MRI experience preferred Benefits Eligible for discretionary
Benefits:
performance bonus Eligible for standard employee benefit elections:
Medical, Dental, Vision, 401K, FSA, HSA, Commuter Benefits, Employee Assistance Program, Life Insurance (employee and dependents), Short-term disability (STD), Long-Term disability (LTD), Accidental death & dismemberment (AD&D), vacation days, sick days, and other benefits Travel:
This position will not require any travel About NexCore Group NexCore Group develops healthcare facilities for hospitals, health systems and physicians.
We solve complex real estate challenges through innovative building solutions and creative financial structures.
In a rapidly changing healthcare industry, NexCore has the superior expertise to deliver quality environments and flexible spaces that help grow your business, lower expenses and mitigate risk.
Recommended Skills Analytical Communication Coordinating Creativity Customer Service Finance Estimated Salary: $20 to $28 per hour based on qualifications.
The SREM functions as the professional-in-charge of specific identified assets under management.
As the lead professional, the SREM is responsible for all aspects of client and tenant satisfaction.
Of specific importance is achieving stated financial results and operating objectives.
The SREM is responsible to ensure a thorough understanding of the client's investment objectives and the development of acceptable property-specific strategic plans and operating and capital budgets.
Once developed, the SREM must oversee the implementation of approved initiatives and programs by managing and coordinating the efforts of the property team.
The SREM is responsible for the management, supervision, and professional development of all building personnel.
Key Responsibilities Develop and implement management plan for assigned properties to achieve investor return expectations while complying with company objectives and applicable laws Evaluate market conditions for each property and real estate investment climate that will affect business plan strategies.
Communicate competitive environment and market expectations to ownership Forecast competitive space availability for each property and develop marketing and pricing recommendations that will maximize the asset value of each property.
Forecast absorption of project vacancy Work in conjunction with NexCore leasing personnel or 3rd party leasing personnel on leasing strategy for each building and assist with lease renewals, if applicable Execute company process standards for tenant coordination including tenant finish standards, blocking plans, risk management, pricing presentations, invoicing for tenant contributions, punch lists, commissioning meetings, etc.
On a continuing basis, evaluate operating costs by monitoring each property's performance and results against approved budgets, recommending and/or approving necessary adjustments to achieve the scheduled cash flow or asset value objectives Review operating reports monthly for each property and ensure operating expense reconciliations are accurately prepared and oversee completion of periodic owners' reports Develop and maintain relationships with major tenants to demonstrate the Company's commitment to quality service, quality facilities, and positive, prompt, and effective customer service Responsible for creating strong internal and external relationships.
Managing and enhancing hospital relationships within an assigned portfolio, creating viable long-term partnerships Providing support and knowledgeable information to our hospital partners; acting as the go-to resource and primary point of contact within NexCore.
Initiate creativity to develop solutions with the goal of consistently exceeding expectations Monitor responsiveness to tenant requests for services and general customer service and satisfaction Supervise performance of direct reports providing feedback, evaluation, and recommendations for training and professional development Establishes written goals and objectives for direct reports and conducts periodic formal and information performance evaluations Ensure compliance of NexCore employment policies and address any personnel performance issues Provide evaluation of Company policies, procedures, systems, and programs to effect continual improvement in relation to real estate management functions Responsible for the compliance of all tenant lease agreements and ensuring all landlord and tenant obligations are met Skills, Knowledge and Expertise Education:
BA/BS Degree - Finance, real estate, related field required MBA - Preferred Real Estate License - Preferred Work
Experience:
7
years - Progressively responsible commercial property management experience required 7
years - Managing people (staff of 3 or more) required Skills:
Proficient in Microsoft Office Suite software Proficient in modeling investments with Excel or Argus Analytical and organizational skills Strong verbal and written communication skills Client and tenant management Yardi and MRI experience preferred Benefits Eligible for discretionary
Benefits:
performance bonus Eligible for standard employee benefit elections:
Medical, Dental, Vision, 401K, FSA, HSA, Commuter Benefits, Employee Assistance Program, Life Insurance (employee and dependents), Short-term disability (STD), Long-Term disability (LTD), Accidental death & dismemberment (AD&D), vacation days, sick days, and other benefits Travel:
This position will not require any travel About NexCore Group NexCore Group develops healthcare facilities for hospitals, health systems and physicians.
We solve complex real estate challenges through innovative building solutions and creative financial structures.
In a rapidly changing healthcare industry, NexCore has the superior expertise to deliver quality environments and flexible spaces that help grow your business, lower expenses and mitigate risk.
Recommended Skills Analytical Communication Coordinating Creativity Customer Service Finance Estimated Salary: $20 to $28 per hour based on qualifications.
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