Property Manager

Regency Centers; Bethesda (MD); On-site; USD 85,000 - 110,000; Full time

Job summary

Regency Centers in Bethesda, MD seeks a Property Manager to oversee operations and maintenance of an assigned portfolio of 6 retail centers. The role reports to the Senior Regional Property Manager and covers properties from Baltimore to Edgewater and Silver Springs.

Requires a business-related bachelor’s degree (or 2+ years’ substitute), 2+ years in real estate ops, strong Excel/Office skills, and willingness to travel regionally.

Qualifications

• Bachelor’s degree in Business Administration, Finance, Accounting, Real Estate or related field (7+ years may be substituted)
• At least two years of operational experience in real estate
• Proficient in Excel, Word, Outlook and internet research
• Strong qualitative and analytical skills with attention to detail
• Ability to learn new programs like Nexus, JD Edwards, Engie
• Basic knowledge of bookkeeping and contract terminology
• Willingness to travel regionally from Baltimore to Edgewater and Silver Springs
• Regency Centers will not sponsor employment-based petitions

Responsibilities

• Ensure fiscal management including A/R and A/P and budgeted items for CAPEX
• Oversee property operations, tenant improvements, and vendor bids
• Maintain relations with tenants and vendors
• Handle tenant transitions and rent relief paperwork
• Identify ancillary income opportunities and support special projects

Skills

Operational experience

Excel proficiency

Analytical skills

Tenant relations

Vendor management

Budgeting

Travel ability

Education

Bachelor's degree in Business/Real Estate

Tools

Nexus

JD Edwards

Engie

Job description

At Regency Centers, our people are our greatest asset, and we believe that our highly skilled and talented team makes us better. We are seeking a

About This Opportunity

At Regency Centers, our people are our greatest asset, and we believe that our highly skilled and talented team makes us better. We are seeking a Property Manager to join our regional office located in Bethesda, MD. The Property Manager will be responsible for the operations and maintenance of an assigned portfolio consisting of 6 retail shopping center properties. This portfolio ranges from Baltimore to Edgewater and Silver Springs under the guidance of the Senior Regional Property Manager.

What You’ll Be Doing

• Ensure fiscal management of the properties in assigned area (i.e., maintenance of A/R and A/P, operating expense control, completion of budgeted items for Capital Improvement Program and assistance in preparing budgets, monthly and annual financial reports, and presentation of report findings to senior management).
• Manage assigned properties’ physical performance (i.e., inspections, approval of improvements as required by lease or other basis, signage approval, collection of TI paperwork, soliciting bids and selecting vendors, etc.).
• Maintain and develop strong relations with tenants and vendors.
• Manage operations issues such as tenant transition, processing of assignments, collection of rent relief application paperwork, collections, etc.
• Manage and oversee tenant improvements and capital construction projects.
• Identify and implement ancillary income opportunities in accordance with company goals and objectives.
• Work on special projects/ongoing initiatives according to current needs.

Are You Qualified?

Required

• Bachelor’s degree in Business Administration, Finance, Accounting, Real Estate or related field (7+ years of experience may be considered in lieu of Bachelor’s degree)
• At least two (2) years of operational experience within the real estate industry
• Intermediate level proficiency with Microsoft Office software including Excel, Word and Outlook, and email and Internet research functionality
• Qualitative and analytical skills with strong attention to detail
• Ability to quickly learn and use new programs (e.g. Nexus, JD Edwards, Engie, etc.)
• Basic knowledge of bookkeeping, retail leasing industry and contract terminology
• Ability to travel around the region to visit properties located in the from Baltimore to Edgewater and Silver Springs area.
• Regency Centers will not sponsor employment-based immigration petitions or applications for this position, including but not limited to H-1B, TN visa, or permanent residency.

Preferred

• 5 – 7 years of experience in commercial real estate, commercial property management, and/or accounting
• Experience managing commercial properties, specifically in the retail sector and/or with mixed use properties that include a retail component
• Working knowledge of JD Edwards or other accounting software
• Experience working in event planning or marketing
• Member of ICSC and regularly attends local events
• Real Estate license
• Previous experience in construction or architectural services

A Little Bit About Us

We own and operate premier shopping centers in suburban neighborhoods in the top cities and markets across the country. We live by a strong set of values, which have guided us for more than 60 years. Our centers thrive with highly productive grocers, restaurants, service providers, and terrific retailers that connect to their communities and customers. We are also active developers of new shopping centers that feature great merchandising, placemaking, and customer engagement as part of our Fresh Look™ program. We are a vertically integrated real estate company and a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. Learn more about us at RegencyCenters.com.

Benefits

Our compensation and benefits package is very competitive and includes the following benefits and more. For additional information visit www.regencycenters.com/careers.

Work/Life Balance

• 23+ PTO days annually
• 11 paid holidays (in addition to PTO)
• Paid leave programs (parental, compassion, bereavement, jury duty, and military)
• Health Advocacy + Employee Assistance Program (EAP)

Financial Security

• 401(k) with a generous company match of up to $5,000 annually plus corporate profit sharing
• Anniversary stock grant awards of up to $1,000
• Health Savings Account (HSA), Health Care FSA, and Dependent Care FSA
• 100% company paid Life Insurance/AD&D and Disability Insurance
• Voluntary benefits (supplemental life/AD&D, critical illness, accident, hospital indemnity, and identity theft)
• Student loan repayment resources

Health and Wellness

• Medical, Dental and Vision Insurance
• Award winning and incentives-based wellbeing program through Personify Health
• Family planning, mental health, and pain management programs

Community Focused

• 52 hours per year of paid Volunteer Time Off
• Company gift matching

Growth and Development

• Tuition reimbursement
• Continued education opportunities
• LinkedIn Learning premium subscription
• Professional membership support
• Employee Resource Groups
• Regency Centers is an equal opportunity employer. Qualified applicants will receive consideration without regard to age, race, color, religion, sex, gender identity, sexual orientation, disability, national origin, or protected veteran status. Applicants are encouraged to confidentially self-identify as to disability and/or protected veteran status when applying. Employment is contingent upon successful completion of background investigation. Regency Centers is a smoke-free and drug-free workplace. Pre-employment drug screening is required. No recruiters or agencies without a previously signed contract. Only candidates whose profiles closely match requirements will be contacted during this search.
• Maryland Residents: Regency Centers carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The Maryland hiring salary range for the Property Manager position is between $85,000 and $110,000 annually. The base salary is just one component of the total rewards package offered to our employees, including eligibility for a 10% target bonus opportunity. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience.