Property Manager

Realty Income Corporation; Dallas (TX); On-site; USD 70,000 - 110,000; Full time

Job summary

Realty Income Corporation seeks a skilled Commercial Property Manager to oversee operations, manage budgets, and ensure regulatory compliance of commercial properties in Dallas. The role involves fostering tenant relationships, resolving issues, and planning capital improvements. With competitive pay and significant growth opportunities, this position is ideal for motivated professionals in the real estate sector.

Benefits

Competitive Salary including potential for bonus and stock awards

Best-in-class Benefit Package

Collaborative, team-oriented environment

Opportunities for Continuing Professional Development

Qualifications

• 5 years of experience in commercial property management.
• Ability to identify and resolve problems efficiently.
• Strong organizational skills and ability to prioritize.

Responsibilities

• Manage daily operations of commercial properties.
• Ensure compliance with all regulations and codes.
• Oversee property revenues and expenses.

Skills

Proficiency in Microsoft Office

Problem Solving

Customer Service

Relationship Management

Budget Management

Education

Bachelor's degree in real estate or property management

Tools

Yardi

Job description

Are you self-motivated with a passion for customer service and looking to take your commercial property management skills to the next level?

Look no further than Realty Income!

Realty Income is looking to hire aseasoned Commercial Property Managerto join our team and take on the daily operations of our commercial properties. But that's not all - this role requires a true strategic leader who can develop and implement property-specific plans, manage budgets, and execute capital improvements. You will be the driving force behind ensuring our properties comply with all regulations, codes, and policies, and work closely with contractors and vendors to ensure timely and budget-friendly project completion.

The responsibilities include, but are not limited to:

• Support occupancy goals by providing superior customer service and relationship management to achieve high renewal ratios.
• Develop and maintain effective relationships with clients (tenants).
• Investigate and resolve all complaints,disturbances,and violations.
• Ensure compliance with property management policies and procedures, codes, regulations, and governmental agency directives. Maintain compliance by ensuring all property records are maintained in accordance with all legal requirements and Company policies and/or practices.
• Navigate and update the company's ERP system (Yardi) for maintenance requests, preventative maintenance, vendor and client information, and key building data.
• Oversee property revenues and expenses, ensuring the budget and financial goals are met.
• Ensure receivables and lease responsibilitiesare current, manage collections anddefaults;
• Oversee vendors and completion of work for maintenancerequests;
• Assist in creation and implementation of operating and capitalbudgets;
• Establish and administer estimated/actualrecoveries;
• Manage operating expense reconciliationsaligned withleaseprovisions;
• Coordinate insurance requirements for properties andvendors;
• Manage allproperty expense invoices.
• Coordinateclientsmove-in/out process in a timely and coordinated manner.
• Manage tenant improvement, including lease/title review, plan/scope, approvals, close-out documentation, and fund disbursement.
• Plan, schedule, and coordinate general maintenance, major repairs, and capital improvement projects.
• Liaison between client and constructionmanagement;
• Resolve property and customer relatedissues;
• Report property damage claims, complete restoration work,in partnership with clients and other parties.
• Ensure that goals and objectives are being met by anticipating and responding to changes or needs of other team members.
• Foster a positive work environment to provide for the professional growth and development of all employees.
• This role may require occasional work beyond standard business hours, including evenings and weekends, to meet client needs and business objectives.
• Other duties as assigned.

What we need from you:

• Proficiency in Microsoft Office: (Excel, Word, Outlook, Teams, OneDrive), Adobe Acrobat and SharePoint.Proficiency with Yardi a strong plus.
• Ability to identify and resolve problems in a timely manner, including gathering and analyzing information skillfully and developing alternative solutions.
• Able to prioritize and plan work activities and use time efficiently to meet and exceed productivity standards.
• Adaptable to changes in the work environment, delays, and unexpected events, and competing demands.
• Able to read, analyze, and interpret common technical documents, financial reports, and legal documents.
• It is expected to meet the requirements,a qualified candidate will have a bachelor’s degreeinreal estate or property management, or equivalent knowledge gained from work experience; in addition to at least5 years of experience in commercialproperty management.

What You’ll get in Return:

Realty Income, The Monthly Dividend Company, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index. We invest in people and places to deliver dependable monthly dividends that increase over time. The company is structured as a real estate investment trust (“REIT”), and its monthly dividends are supported by the cash flow from over 15,000 real estate properties primarily owned under long-term net lease agreements with commercial clients. Realty Income has declared over 640 consecutive monthly dividends on its shares of common stock throughout its 55-year operating history and increased the dividend over 120 times since Realty Income’s public listing in 1994 (NYSE: O).

Our purpose isto build enduring relationships and brighter financial futures. Among other benefits our employees enjoy:

• Competitive Salary including potential for bonus and stock awards.
• Best-in-class Benefit Package
• Collaborative, team-oriented environment
• Opportunities for Continuing Professional Development

Additional information can be obtained from the corporate website atwww.realtyincome.com.

The pay range for this role is $70,552 - $89,942 - $109,646

Offers near the high end are uncommon but may be considered for candidates with exceptional experience and skills and are dependent on the facts and circumstances of each case. You may be eligible for an annual discretionary bonus and an annual discretionary stock award, to be discussed during the interview process. An annual pay rate and total compensation package isgenerally determined by the candidate's experience, knowledge, education, skills, performance, and abilities, as well as internal equity, company performance, and alignment with market data.

Realty Income will be accepting applications for this role until June 24, 2025. Should the company deem necessary, the application deadline may be extended without further notice. To apply please click the “Apply” button.