Senior Property Manager

CBRE; Beverly Hills (CA); On-site; USD 140,000 - 190,000; Full time

Job summary

CBRE, Inc. in Beverly Hills seeks a Senior Property Manager to lead all aspects of a luxury retail asset, overseeing marketing, operations and financial activities. The role is responsible for the full lifecycle of property management including leasing, tenant relations and reporting to clients.

You will supervise staff, manage budgets, collect rents, and ensure compliance with contracts and regulations while driving property performance and value creation for the owner.

Responsibilities

• Provide formal supervision to employees, monitor training and development, conduct performance evaluations and mentor the team; oversee recruitment and hiring of new employees.
• Respond to tenant needs, ensuring administrative and building staff resolve problems promptly; ensure services comply with policies, procedures, regulations and contractual obligations.
• Ensure periodic property inspections; recommend or approve alterations, maintenance and reconditioning; contract for and supervise vendor services as required.
• Market and lease the property at owner's discretion; qualify and show space to prospective tenants; negotiate new leases and renewals; coordinate move-ins/move-outs and walkthroughs.
• Act as primary contact with property owners; prepare and deliver timely, accurate and complete reports.
• Develop and control annual operating and capital budgets; forecast management plans and explain variances in monthly performance.
• Collect rent and pay expenses per lease terms; prepare legal notices; coordinate or recommend legal action as necessary.
• Review and reconcile tenant rent and CAM recovery charges.
• Negotiate early terminations of leases; provide lease analysis for client review; document settlements and notify affected parties.
• Support property sales by overseeing due diligence and monitoring activity of outside brokers.
• Develop business relationships through membership and participation in professional, industry/trade and civic organizations.

Job description

About The Role:

As a CBRE Sr Property Manager, you will lead all aspects of a complex, luxury retail asset in Beverly Hills. Oversee all marketing, operations and financial activities.

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

What You'll Do:

• Provide formal supervision to employees. Monitor the training and development of staff, conduct performance evaluations and mentor team. Oversee the recruiting and hiring of new employees.
• Respond to tenant needs, ensuring that administrative and building technical staff resolve problems promptly. Ensure that services are provided in compliance with policies, procedures, regulations and contractual obligations and standards.
• Ensure periodic regular property inspection. Recommend and/or approve alterations, maintenance and reconditioning as necessary. Contract for and supervise vendor services as required.
• At owner's discretion, market and lease the property, qualifying and showing space to prospective tenants, and negotiating new leases and lease renewals. Coordinate tenant move-ins and move-outs, and "walk-through" spaces with tenants and tenant improvement department.
• Act as primary contact with property owners to ensure that objectives as 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, explaining variances.
• Collect rent and pay expenses in accordance with lease terms. Prepare all required legal notices. Recommend and coordinate legal action as necessary.
• Review and reconcile tenant rent and Common Area Maintenance (CAM) recovery charges
• Negotiate early terminations of leases. Provide lease analysis for client's review and approval. Document settlement of and notify affected parties.
• Support all property sales by overseeing due diligence process and monitoring the activity of outside brokers.
• Develop business relationships through membership and participation in professional, industry/trade and civic organizations.