Property Manager (CRE)

cw; Minnetonka (MN); On-site; USD 70,000 - 82,000; Full time

Benefits offered by this job

Health insurance

Vision & dental

Retirement plan

Paid time off

Job summary

Cushman & Wakefield is seeking a Property Manager (CRE) to oversee the management of a property or portfolio for a client, ensuring compliance with the management agreement. The role emphasizes lease administration, budget development, CAM reconciliations, and coordination with accounting and owners to deliver timely reporting.

The ideal candidate has 3+ years in real estate property management, a relevant bachelor’s degree (preferred), CPM/RPA/CSM designation or in progress, and a real estate

Qualifications

• Bachelor's degree preferred in business administration or related discipline.
• 3+ years of real estate property management or related experience.
• CPM, RPA, or CSM designation or in process; real estate license required.
• Strong knowledge of finance and building operations.
• Ability to analyze, prioritize, and delegate; experience leading a team of professionals.

Responsibilities

• Responsible for all lease administration duties
• Monitor collections and coordinate default proceedings
• Ensure compliance with policies, codes, regulations and directives
• Provide management and leadership to property staff, including hiring and performance management
• Develop annual inspection processes and complete required inspections
• Develop operating and capital budgets, track variances, CAM reconciliations, and reporting
• Bid, negotiate, and manage vendor contracts per requirements
• Abstract property leases in lease administration software
• Coordinate with owners and accounting for reporting
• Oversee tenant and building construction work and liaise with client teams
• Participate in leasing and client meetings to align goals
• Foster positive relationships with tenants and clients

Skills

Communication

Problem Solving

Leadership

Teamwork

Time Management

Customer Focus

Financial Acumen

Education

Bachelor's in Business Admin

Tools

Microsoft Office Suite

Job description

Property Manager (CRE)

Job Description Summary

Responsible for the management of a property (or group of properties) for a client and fulfilling the manager's obligations under the terms of the property's management agreement.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES

• Responsible for all lease administration duties
• Monitor collections and coordinate default proceedings
• Ensure compliance with Property Management Policies and Procedures, codes, regulations, and governmental agency directives
• Provide management and leadership to property staff, including hiring and performance management
• Develop comprehensive annual inspection process for properties; complete weekly, monthly, quarterly, annual inspections as required for a specific asset, C&W's best practices, and/or client requirements
• Develop operating and capital budgets, track variances, oversee the completion of CAM reconciliations, and ensure smooth recovery process
• Bid, negotiate, and manage conformity with vendor contracts in accordance with C&W's contract requirements or client requirements
• Accurately abstract all property leases in lease administration software
• Maintain interface with third-party owners and accounting team to ensure total contract compliance, including preparation of accurate and timely reporting
• Coordinate and oversee on behalf of client, all tenant and building construction work to ensure timely and accurate completion of all construction work at property
• Participate in leasing and client team meetings and ensure effective communication between leasing and property management team members in order to achieve client's goals and objectives
• Provide and foster positive relationships with tenants, external clients, and internal clients

KEY COMPETENCIES

• 1. Communication Proficiency (oral and written)
• 2. Problem Solving/Analysis
• 3. Leadership Skills
• 4. Teamwork Orientation
• 5. Time Management Skills6. Customer/Client Focus (internal and external)
• 6. Financial Acumen

IMPORTANT EDUCATION

• Bachelor's Degree in Business Administration or related discipline preferred

IMPORTANT EXPERIENCE

• 3+ years of real estate property management or related experience

ADDITIONAL ELIGIBILITY QUALIFICATIONS

• CPM, RPA, or CSM designation or in process
• Possess real estate license
• Strong knowledge of finance and building operations
• Ability to analyze, prioritize, and delegate
• Ability to effectively manage a team of professionals, including both employees and vendors- Previous experience in analyzing and negotiating commercial lease and/or contract language
• Advanced knowledge of Microsoft Office Suite

WORK ENVIRONMENT

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Regularly required to travel outside between properties in varying weather conditions.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee may need to stand and walk for extended or continuous periods of time. They must be able to ascend and descend staircases, ladders, and/or step stools and may be required to travel outside between buildings in varying outdoor weather conditions. The employee may also be regularly required to remain in a stationary position (sit or stand) for 85% of the time; regularly operate office machinery.

Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.

The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate's experience and qualifications.

The company will not pay less than minimum wage for this role.

The compensation for the position is: $ 69,700.00 - $82,000.00

Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated.

In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & W