NexCore Group
Senior Real Estate Manager
NexCore Group, Irvine, California, United States, 92713
The SREM is responsible to ensure a thorough understanding of the client’s investment objectives and the development of acceptable property-specific strategic plans and operating and capital budgets. Once developed, the SREM must oversee the implementation of approved initiatives and programs by managing and coordinating the efforts of the property team. The SREM is responsible for the management, supervision, and professional development of all building personnel.
Key Responsibilities
Develop and implement management plan for assigned properties to achieve investor return expectations while complying with company objectives and applicable law.
Evaluate market conditions for each property and real estate investment climate that will affect business plan strategies. Communicate competitive environment and market expectations to ownership.
Forecast competitive space availability for each property and develop marketing and pricing recommendations that will maximize the asset value of each property. Forecast absorption of project vacancy.
Work in conjunction with NexCore leasing personnel or 3rd party leasing personnel on leasing strategy for each building and assist with lease renewals, if applicable.
Execute company process standards for tenant coordination including tenant finish standards, blocking plans, risk management, pricing presentations, invoicing for tenant contributions, punch lists, commissioning meetings, etc.
On a continuing basis, evaluate operating costs by monitoring each property’s performance and results against approved budgets, recommending and/or approving necessary adjustments to achieve the scheduled cash flow or asset value objectives.
Review operating reports monthly for each property and ensure operating expense reconciliations are accurately prepared and oversee completion of periodic owners’ reports.
Develop and maintain relationships with major tenants to demonstrate the Company’s commitment to “quality service,” quality facilities, and positive, prompt, and effective customer service.
Responsible for creating strong internal and external relationships. Managing and enhancing hospital relationships within an assigned portfolio, creating viable long-term partnerships.
Providing support and knowledgeable information to our hospital partners; acting as the “go-to” resource and primary point of contact within NexCore. Initiate creativity to develop solutions with the goal of consistently exceeding expectations.
Monitor responsiveness to tenant requests for services and general customer service and satisfaction.
Supervise performance of direct reports providing feedback, evaluation, and recommendations for training and professional development.
Establish written goals and objectives for direct reports and conducts periodic formal and information performance evaluations.
Ensure compliance of NexCore employment policies and address any personnel performance issues.
Provide evaluation of Company policies, procedures, systems, and programs to effect continual improvement in relation to real estate management functions.
Responsible for developing relationships with tenants, third party vendors, contractors, architects, and engineers.
Responsible for following up with tenants on accounts receivable issues and invoicing late charges when necessary.
Frequent site inspections to walk properties and to meet with tenants, staff and vendors.
Responsible for the coordination of any required base building inspections related to the roof, fire life safety systems, HVAC units, etc.
Responsible for coordination of all base building and tenant improvement projects including getting multiple bids, selecting vendors, preparing contracts, overseeing contractors and vendors, attending project meetings, ensuring that project schedules are met, processing invoices, and completing a final walk through.
Responsible for the compliance of all tenant lease agreements and ensuring all landlord and tenant obligations are met.
Skills, Knowledge, and Expertise
Education:
Bachelors Degree in Finance, Real Estate, or related field - Required
Work Experience:
7+ years experience in commercial real estate analysis/management - Required
5+ years experience in property management/leasing/operations - Required
3+ years experience managing people - Preferred
Skills:
Proficient with Microsoft Office/Suite software
Proficiency with Excel, Timberline, Yardi, MRI
Analytical and organizational skills
Strong written and verbal communication skills
Client and team management skills
Licenses:
Real Estate License - Preferred
Benefits
Compensation: $90,000 - $110,000 / year
Eligible for discretionary benefits: performance bonus
Eligible for standard employee benefit elections: Medical, Dental, Vision, 401K, FSA, HSA, Commuter Benefits, Employee Assistance Program, Life Insurance (employee and dependents), Short-term disability (STD), Long-term disability (LTD), Accidental death & dismemberment (AD&D), vacation days, sick days, and other benefits
Travel: this position will not require travel
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Key Responsibilities
Develop and implement management plan for assigned properties to achieve investor return expectations while complying with company objectives and applicable law.
Evaluate market conditions for each property and real estate investment climate that will affect business plan strategies. Communicate competitive environment and market expectations to ownership.
Forecast competitive space availability for each property and develop marketing and pricing recommendations that will maximize the asset value of each property. Forecast absorption of project vacancy.
Work in conjunction with NexCore leasing personnel or 3rd party leasing personnel on leasing strategy for each building and assist with lease renewals, if applicable.
Execute company process standards for tenant coordination including tenant finish standards, blocking plans, risk management, pricing presentations, invoicing for tenant contributions, punch lists, commissioning meetings, etc.
On a continuing basis, evaluate operating costs by monitoring each property’s performance and results against approved budgets, recommending and/or approving necessary adjustments to achieve the scheduled cash flow or asset value objectives.
Review operating reports monthly for each property and ensure operating expense reconciliations are accurately prepared and oversee completion of periodic owners’ reports.
Develop and maintain relationships with major tenants to demonstrate the Company’s commitment to “quality service,” quality facilities, and positive, prompt, and effective customer service.
Responsible for creating strong internal and external relationships. Managing and enhancing hospital relationships within an assigned portfolio, creating viable long-term partnerships.
Providing support and knowledgeable information to our hospital partners; acting as the “go-to” resource and primary point of contact within NexCore. Initiate creativity to develop solutions with the goal of consistently exceeding expectations.
Monitor responsiveness to tenant requests for services and general customer service and satisfaction.
Supervise performance of direct reports providing feedback, evaluation, and recommendations for training and professional development.
Establish written goals and objectives for direct reports and conducts periodic formal and information performance evaluations.
Ensure compliance of NexCore employment policies and address any personnel performance issues.
Provide evaluation of Company policies, procedures, systems, and programs to effect continual improvement in relation to real estate management functions.
Responsible for developing relationships with tenants, third party vendors, contractors, architects, and engineers.
Responsible for following up with tenants on accounts receivable issues and invoicing late charges when necessary.
Frequent site inspections to walk properties and to meet with tenants, staff and vendors.
Responsible for the coordination of any required base building inspections related to the roof, fire life safety systems, HVAC units, etc.
Responsible for coordination of all base building and tenant improvement projects including getting multiple bids, selecting vendors, preparing contracts, overseeing contractors and vendors, attending project meetings, ensuring that project schedules are met, processing invoices, and completing a final walk through.
Responsible for the compliance of all tenant lease agreements and ensuring all landlord and tenant obligations are met.
Skills, Knowledge, and Expertise
Education:
Bachelors Degree in Finance, Real Estate, or related field - Required
Work Experience:
7+ years experience in commercial real estate analysis/management - Required
5+ years experience in property management/leasing/operations - Required
3+ years experience managing people - Preferred
Skills:
Proficient with Microsoft Office/Suite software
Proficiency with Excel, Timberline, Yardi, MRI
Analytical and organizational skills
Strong written and verbal communication skills
Client and team management skills
Licenses:
Real Estate License - Preferred
Benefits
Compensation: $90,000 - $110,000 / year
Eligible for discretionary benefits: performance bonus
Eligible for standard employee benefit elections: Medical, Dental, Vision, 401K, FSA, HSA, Commuter Benefits, Employee Assistance Program, Life Insurance (employee and dependents), Short-term disability (STD), Long-term disability (LTD), Accidental death & dismemberment (AD&D), vacation days, sick days, and other benefits
Travel: this position will not require travel
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