Regional Property Manager

Regency Centers

Bethesda (MD)

On-site

USD 80,000 - 110,000

Full time

3 days ago

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Benefits offered by this job

Health Insurance

401(k) with company match

Profit sharing

Stock grants

HSA / FSA

Job summary

Regency Centers is seeking a Regional Property Manager to join our Bethesda, MD regional office. This onsite role reports to the Senior Regional Property Manager and will manage operations, maintenance, and financial performance of an assigned portfolio, including centers managed directly and by direct-report Property Managers, with the goal of maximizing portfolio NOI.

You will lead a team, manage budgets, analyze tenant performance, oversee capital expenditures, and maintain strong tenant

Qualifications

Bachelor's degree in Business Administration, Finance, Accounting, Real Estate, or related field.
Real estate license preferred.
Member of ICSC and regularly attends local events preferred.
5+ years of commercial property management experience, to include supervisory experience.
Experience managing retail properties (e.g., grocery-anchored shopping centers, malls) required.
Property management experience overseeing a minimum of 1.5M square feet preferred.
Quantitative and analytical skills.
Knowledge of GAAP, leasing, contracts and industry-related terminology.
Proficiency with Microsoft Office software, email and internet research.

Responsibilities

Drive fiscal and physical performance of the assigned portfolio to meet NOI objectives.
Coordinate with regional officer on leasing plans.
Know market conditions and health of tenants in the portfolio.
Oversee physical plant improvements and safety of centers.
Develop and motivate property management team; coach and develop direct reports.
Foster relationships with tenants, municipalities, and the community.
Oversee tenant improvements and landlord work; collaborate with investment team on redevelopment planning.

Skills

Budgeting & NOI

Tenant relations

Leadership

Analytical skills

Communication skills

Travel readiness

Problem solving

Financial reporting

Education

Bachelor's degree in Business Admin, Finance, Accounting, Real Estate

Tools

Microsoft Office

JD Edwards

Job description

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 Regional Property Manager to join our regional office located in Bethesda, MD. This is an onsite role. Reporting to the Senior Regional Property Manager, the Regional Property Manager will be responsible for the operations, maintenance, and financial performance of an assigned portfolio, including centers managed directly and centers managed by direct-report Property Managers, with the goal of maximizing portfolio NOI.

What You'll Be Doing:

Use expertise to drive decisions with regard to fiscal and physical performance of the assigned portfolio (i.e. reduce open A/R balance, increase income and ancillary revenue, grows rents, manage operating expenses and recoveries, analyze troubled tenants and make recommendations, and prepare budgets, monthly and annual financial reports) in accordance with NOI objectives.
Work closely with the regional officer and understand the leasing plan for the calendar year.
Knowledgeable about market conditions and health of tenants within assigned portfolios.
Responsible for physical plant (i.e. make improvements through capital expenditures, ensure safety of centers).
Develop, manage, inspire, and motivate property management team to ensure that production goals, accuracy and customer service is optimal. Succession planning by coaching and developing team members' talents. Assist in the creation of individual development plans.
Foster relationships with tenants, municipalities, and the community. Regularly promote Regency's brand through participation in regional and industry events.
Oversee tenant improvements and landlord work. Work closely with investment team on redevelopment planning and implementation.

Are You Qualified?

Bachelor’s degree in Business Administration, Finance, Accounting, Real Estate, or related field
Real estate license preferred
Member of ICSC and regularly attends local events preferred
5+ years of commercial property management experience, to include supervisory experience
Experience managing retail properties (e.g., grocery-anchored shopping centers, malls) required
Property management experience overseeing a minimum of 1.5M square feet preferred
Quantitative and analytical skills
Knowledge of GAAP, leasing, contracts and industry-related terminology
Tests at intermediate level proficiency with current Microsoft Office software, email and internet research functionality
Working knowledge of building systems (roofing, HVAC, paving, electrical, plumbing, fire protection) and construction and project management
Ability to travel regularly within the region and respond to after-hours property emergencies
Working knowledge of JD Edwards or other accounting software preferred

* 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.

Personal Traits We Value:

Sales and negotiation skills
Leadership skills (planning, delegating, informing, hiring and staffing, motivating, and developing direct reports)
Customer focus, interpersonal savvy, oral and written communication skills
Priority setting, decisiveness, time-management skills and ability to work in team environment
Trust and integrity
Ownership mindset, cost discipline, and attention to detail
Manages change with a strong capacity to adapt quickly to any learning situation

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)

Hybrid Work Schedule

Modified in-office hours

Financial Security

401(k) with a generous company match plus corporate profit sharing
Anniversary stock grant awards
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