Associate Property Manager, Industrial Portfolio

Ares Management Corporation

Tennessee

On-site

USD 60,000 - 90,000

Full time

7 days ago
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Benefits offered by this job

Comprehensive Medical/Rx
Dental and Vision
FSA/HSA plans
Life Insurance
Disability insurance
EAP
Transit benefits
Wellness programs
Education sponsorship

Job summary

Ares Management Corporation is seeking an Associate Property Manager to support an industrial logistics real estate portfolio. The role aims to maximize property performance through operational strategies, tenant satisfaction, and financial objectives.

You will work under the Senior Regional Property Manager, coordinating budgets, vendor relationships, and asset-management initiatives, while maintaining strong tenant communications and service levels. Travel up to 50% locally may be required.

Qualifications

  • Bachelor's degree in Finance, Real Estate, Business Management, or a related field.
  • 1-3 years of property management experience supporting customer service and administrative operations for commercial real estate.
  • Experience managing and coordinating vendor relationships.
  • Experience with property-level financial planning, budgeting, and reporting.
  • Experience supporting maintenance and capital improvement projects.
  • Proficiency with industry-standard real estate software applications.
  • Ability to interpret leases, property plans, specifications, operating procedures, and policy documents.

Responsibilities

  • Invoice processing, contract administration, budget development and monitoring, tenant relations, vendor management, support of the asset management team, and collaboration with internal departments to maximize portfolio performance.
  • Deliver a high level of customer service by responding promptly and thoroughly to tenant requests and maintaining regular communication with tenants.
  • Maintain low levels of accounts receivable through proactive tenant engagement, collection efforts, and effective account management.
  • Prepare tenant correspondence as directed by the Property Manager.
  • Track and code invoices to ensure accurate and timely processing of property expenses.
  • Manage vendor insurance certificates, purchase orders, work orders, and contract documentation.
  • Support asset management initiatives focused on minimizing vacancy downtime and maximizing tenant retention.
  • Manage service contracts to leverage portfolio scale, reduce costs, and consolidate vendor relationships where appropriate.
  • Conduct regular property inspections to ensure assets are maintained to company standards, risks are minimized, and capital and operational projects are completed on schedule and within budget.
  • Prepare annual operating budgets and long-term capital plans for assigned properties in accordance with internal deadlines, ensuring accurate forecasting of operating and capital expenditures.
  • Monitor financial performance through expense approvals, strategic property-level spending, monthly financial reporting, variance analysis, and accrual submissions.
  • Coordinate the onboarding and offboarding of properties associated with acquisitions and dispositions in partnership with transaction teams.
  • Support company ESG initiatives by tracking utility consumption, submitting required data to regulatory agencies, and coordinating sustainability programs with tenants and vendors.
  • Assume additional responsibilities and complete special projects as assigned.

Skills

Vendor management
Budgeting
Tenant relations
Financial reporting
Lease interpretation
Data analysis
Communication

Education

Bachelor's degree in Finance/Real Estate/Business

Tools

Real estate software

Job description

Ares Management Corporation is seeking an Associate Property Manager to support an industrial logistics real estate portfolio. The role aims to maximize property performance through operational strategies, tenant satisfaction, and financial objectives.

You will work under the Senior Regional Property Manager, coordinating budgets, vendor relationships, and asset-management initiatives, while maintaining strong tenant communications and service levels. Travel up to 50% locally may be required.

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