Property Manager

Jerseydigs; New Brunswick (NJ); On-site; USD 90,000 - 105,000; Full time

Benefits offered by this job

401k

Dental insurance

Health insurance

Life insurance

Vision insurance

Job summary

CBRE is seeking a Property Manager to supervise a team responsible for all operational and financial activities of a portfolio of industrial properties in New Brunswick, NJ. The role is onsite and requires leadership in managing staff, budgets, and tenant relations.

The ideal candidate will hold a Bachelor’s degree in commercial real estate with 3-5 years of relevant experience and an active NJ real estate license. Strong organizational skills and proficiency with Microsoft Office are essential.

Qualifications

• Bachelor’s Degree preferred with 3-5 years of relevant experience in commercial real estate.
• Active NJ real estate license is required.
• Ability to guide the exchange of sensitive information and manage performance expectations.

Responsibilities

• Provide formal supervision to employees, conduct evaluations and mentorship, and lead recruiting and hiring.
• Coordinate and manage the team’s daily activities, set schedules, and cross-train staff.
• Respond to raised tenant needs and issues.
• Perform financial reporting and lease abstracting.
• Prepare and deliver reports to owners and act as owner representative.
• Develop and control annual operating and capital budgets and forecast plans.
• Prepare legal notices and review rent and CAM recovery charges.
• Lead by example and model CBRE RISE values.

Skills

Leadership

MS Office

Budgeting

Communication

Organizational skills

Education

Bachelor's degree in commercial real estate

Tools

Microsoft Office

Job description

About The Role

As a CBRE Property Manager, you will be responsible for supervising the team responsible for all operational and financial activities of a portfolio of industrial properties.

This job is part of the Property Management job function. They are responsible for operating buildings on behalf of a client or group.

The role is onsite in New Brunswick, NJ USA.

What You’ll Do

• Provide formal supervision to employees. Monitor the training and development of staff. Conduct performance evaluations and mentorship. Lead all aspects of the recruiting and hiring of new employees.
• Coordinate and manage the team’s daily activities. Establish work schedules, assign tasks, and cross-train staff. Set and track staff and department goal dates. Mentor and coach as needed.
• Respond to raised tenant needs and issues.
• Perform financial reporting and lease abstracting.
• Act as primary contact with property owners, serving as owner representative to ensure that objectives are being met. Prepare and deliver timely, accurate and complete reports.
• Develop and control annual budgets for operating and capital expenses. Forecast management plans and prepare monthly performance reports, explaining variances.
• Help create programs that will assist the property with emergency recoveries.
• Prepare all required legal notices for approval.
• Review tenant rent and common area maintenance recovery charges to ensure payment is timely.
• Lead by example and model behaviors that are consistent with CBRE RISE values. Influence parties of shared interests to reach an agreement.
• Apply knowledge of own field and how own subject area integrates with others to achieve team and departmental objectives.
• Identify, troubleshoot, and resolve day-to-day and moderately complex issues which may or may not be evident in existing systems and processes.

What You’ll Need

• To perform this job successfully, an individual will need to perform each crucial duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
• Bachelor’s Degree preferred with 3-5 years of relevant experience in commercial real estate. In lieu of a degree, a combination of experience in commercial real estate and education will be considered.
• Active NJ real estate license is required.
• Ability to guide the exchange of sensitive, complicated, and difficult information, convey performance expectations and handle problems.
• Leadership skills to motivate team impact on quality, efficiency, and effectiveness of the job field and department.
• In-depth knowledge of Microsoft Office products. Examples include Word, Excel, Outlook, etc.
• Extensive organizational skills with a strong inquisitive mentality.

Why CBRE

When you join CBRE, you become part of the global leader in commercial real estate services and investment that helps businesses and people thrive. We are dynamic problem solvers and forward-thinking professionals who create significant impact. Our collaborative culture is built on our shared values — respect, integrity, service and excellence — and we value the diverse perspectives, backgrounds and skillsets of our people. At CBRE, you have the opportunity to realize your full potential.

Our Values in Hiring

At CBRE, we are committed to fostering a culture where everyone feels they belong. We value diverse perspectives and experiences, and we welcome all applications.

Compensation & Benefits

CBRE carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for the Property Manager is $90,000 annually and the maximum salary is $105,000 annually. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience.

Successful candidates will also be eligible for a discretionary bonus based on CBRE’s applicable benefit program.

This role will provide the following benefits: 401k, dental insurance, health insurance, life insurance, and vision insurance.