Assistant Property Manager

Welltower; Houston (TX); On-site; USD 50,000 - 70,000; Full time

Job summary

Welltower is seeking an Assistant Property Manager to enhance the value of properties in Houston, Texas. The role involves managing property activities, financial reporting, and providing support to senior management, while ensuring tenant satisfaction and compliance with property regulations. This position offers competitive benefits including educational assistance and a 401(k) program.

Benefits

Competitive Base Salary + Annual Bonus

Generous Paid Time Off and Holidays

Employer-matching 401(k) Program + Profit Sharing Program

Student Debt Program

Tuition Assistance Program

Employee Stock Purchase Program

Comprehensive Medical/Dental/Vision options

Qualifications

• Experience in property management of medical office/commercial buildings preferred.
• Possession of a valid driver’s license.
• Ability to pass a pre-employment drug screen.

Responsibilities

• Organizing and coordinating property management activities and financial reporting.
• Managing 1-2 buildings while assisting senior property management.
• Developing and preparing property budgets and management reports.

Skills

Property Management

Financial Reporting

Marketing

Teamwork

Customer Relationship Management

Education

Bachelor’s degree

Two years of college with experience in property management

Job description

SUMMARY

The Assistant Property Manager supports the Property Manager/Senior Property Manager in enhancing and maximizing the value of the owner’s investment in the properties assigned. The Assistant Property Manager is responsible in organizing and coordinating the activities of properties including physical property management, financial and budget reporting, and leasing and marketing.

Generally, this position will directly manage 1-2 buildings, while also assisting a Property Manager/Senior Property Manager with their assigned portfolio.

At Welltower, GRIT defines us: passion, perseverance, and purpose driving our never-ending pursuit of improvement.

• Go-Getter: Relentlessly self-driven, we tackle challenges head-on, setting ambitious goals and achieving them.
• Rigor: Embracing high standards and challenging work, we strive for solutions that elevate our potential.
• Integrity: With an ownership mindset, we prioritize long-term wins and unwavering accountability.
• Teamwork: We champion collective efforts and shared vision to achieve our goals and exceed expectations.

KEY RESPONSIBILITIES

• Development and preparation of annual property budgets, and the accurate and timely delivery of weekly, monthly, and quarterly management reports.
• Controlling expenses resulting in achievement of approved Common Area Maintenance (CAM) budgets.
• Implementation and monitoring of physical property procedures, controls, and checklists. Enforce rules and regulations of properties and their respective leases.
• Monitor and coordinate the completion of work orders. Conduct required maintenance follow up to ensure all action items identified from inspections and work orders are addressed satisfactorily and timely. Provide assistance as required in coordinating/monitoring construction management, tenant improvement, capital improvement and property renovation projects.
• Maintain current service agreements/work authorizations, vendor certificates of insurance, tenant emergency notification information, building life safety security procedures, as-built drawings, building certificates of occupancy, warranty manuals and other records required for assigned properties.
• Collection of tenant rents. Prepare weekly tenant delinquency report.
• Acquire a working knowledge of all operations and financial policies, procedures, and systems. Ensure the implementation and ongoing utilization of all company policies, procedures and systems required for the effective operation of all assigned properties.
• Provide a wide range of support, including administrative, to a Property Manager, Senior Property Manager.

FOR PROPERTIES DIRECTLY MANAGED

• Establish, and maintain strong working relationships with all hospital officials and tenants. Plan, organize and manage the activities of assigned properties through the optimal utilization of resources to provide the consistent delivery of Outpatient Medical’s (OM) Customer Relationship Management Programs and Service Promise to ensure the highest level of tenant satisfaction.
• Manage/oversee the ongoing operations of OM staff and vendors at assigned properties to include administration, maintenance and repair, leasing tours and vacant space marketing, renovation and construction, personnel, and financial activity. Maintain involvement and provide necessary assistance to engineering and project management with capital expenditure projects to include, but not limited to, overseeing vendors, ensuring building rules and regulations are followed, and maintaining ongoing tenant communication and interaction to ensure tenant satisfaction.
• Implement a weekly & monthly maintenance inspection program to monitor the efficiency and condition of building. Conduct required maintenance follow up to ensure all action items identified from inspections are addressed satisfactorily and timely. Maintain an ongoing program for building maintenance and cleaning to include scope, bid and monitoring third party service providers to ensure contracts are adhered to and appropriate service levels are being met at most competitive pricing.
• Prepare/ensure timely completion of monthly and quarterly management reports, to include but not limited to, budget variance reports, reforecasts and income and expense reports with variances noted.
• Responsible for the ongoing collection of tenant rents. Review and approve weekly tenant delinquency report. Develop and implement proactive rent collection and delinquency management measures, promptly elevating any deviations from collection policy to the Property Manager/Senior Property Manager.

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of this employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

TRAVEL

Travel is primarily local during the business day, although some out-of-the-area and overnight travel may be expected.

MINIMUM REQUIREMENTS

Experience: Experience in property management of office/commercial buildings preferred. Experience in medical office property management preferred.

Education: Bachelor’s degree or a minimum of two (2) years of college with experience in property management, marketing/leasing, or real estate required.

ADDITIONAL ELIGIBILITY REQUIREMENTS

Possession of a valid driver’s license.

Applicants must be able to pass a pre-employment drug screen.

WHAT WE OFFER

• Competitive Base Salary + Annual Bonus
• Generous Paid Time Off and Holidays
• Employer-matching 401(k) Program + Profit Sharing Program
• Student Debt Program – we’ll contribute up to $10,000 towards your student loans!
• Tuition Assistance Program
• Employee Stock Purchase Program – purchase shares at a 15% discount
• Comprehensive and progressive Medical/Dental/Vision options
• And much more!https://welltower.com/newsroom/careers/

ABOUT WELLTOWER

Welltower Inc. (NYSE: WELL) an S&P 500 company, is the world's preeminent residential wellness and healthcare infrastructure company. Our portfolio of 1,500+ Seniors and Wellness Housing communities is positioned at the intersection of housing, healthcare, and hospitality, creating vibrant communities for mature renters and older adults inthe United States,United Kingdom, andCanada. We also seek to support physicians in our Outpatient Medical buildings with the critical infrastructure needed to deliver quality care.

Our real estate portfolio is unmatched, located in highly attractive micro-markets with stunning built environments.Yet, we are an unusual real estate organization as we view ourselves as a product company in a real estate wrapper driven by relationships and unconventional culture.

Through our disciplined approach to capital allocation powered by our data science platform and superior operating results driven by the Welltower Business System, we aspire to deliver long-term compounding of per share growth and returns for our existing investors – ourNorth Star.

Welltower is committed to leveraging the talent of a diverse workforce to create great opportunities for our business and our people. EOE/AA. Minority/Female/Sexual Orientation/Gender Identity/Disability/Vet

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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