Senior Property Manager

L&B Realty Advisors LLP

Dallas, TX

Salary Estimate: $95,000.00 - $124,000.00

Employment Type: Full Time

Work Place: Office

Experience Required: 5+ to 7 years

Education Required: 4 Year College

Benefits

Job Description

The Senior Property Manager will be based in Dallas, Texas. The Senior Property Manager will be responsible for providing full property management, financial analysis, operational reporting and strategic direction for retail and office assets in Park Cities. This role is expected to be an on-site role. 
 
RESPONSIBILITIES
The activities listed here are not all-inclusive; rather, they indicate the types of activities normally performed by this position.  The successful candidate will be able to demonstrate core competencies in the following areas:
 
  • Management Operations: 
    • Identify, recommend, prepare bids, and oversee building improvements, consisting of operational and capital projects, tenant finish construction, and make ready construction.
    • Perform routine site inspections of building interior and exterior, document findings, and take corrective action as needed.
    • Respond to and contract for maintenance/repair services and improvement projects.  Prepare contracts when necessary. 
  • Leadership: 
    • Communicate, implement, and monitor the owners’ vision, strategies, and objectives by preparing annual business plans, operating and capital budgets, policies, and operating procedures. 
    • Direct building maintenance and contracted service providers, in order to achieve the ownership’s objectives. 
    • Supervise staff including Assistant Property Manager and Property Controller 
  • Customer Service/Tenant Management: 
    • Develop and maintain a point of contact with each tenant in order to understand and assist with their business objectives, as it relates to their space needs. 
    • Provide tenant services in a proactive manner for meeting tenant requests within their premises and the buildings’ common areas, in accordance with lease agreements. 
    • Promote goodwill and maintain strong tenant relationships to ensure tenant satisfaction. 
    • Communicate with marketing and public relations vendors as needed.
  • Financial Performance: 
    • Oversee the identification and collection of all rents, escalations, and other charges as identified in the lease agreements.
    • Assist in preparing and controlling annual budgets for operating and capital expenditures, identify mid-year trends and reforecast, as needed.   
    • Assist in preparation and collection of annual CAM reconciliations.  
    • Prepare monthly operating reports, summarizing operational and leasing activity and analyzing variances.   
    • Manage operating costs and develop appropriate scopes of service for contracted vendors, bidding out services on an appropriate basis.
  • Compliance/Risk Management
    • Maintain emergency preparedness plans and provide training as necessary 
    • Review insurance requirements for vendors and track through insurance compliance software
  • All other duties as assigned and associated with the day-to-day operation of a commercial real estate portfolio.
REQUIREMENTS/QUALIFICATIONS
  • Bachelor’s degree in business administration, Accounting, Finance, Engineering, Architecture, Planning or related fields. 
  • Real Estate license is a plus (if required by State)
  • CPM, RPA designation preferred.
  • 5+ years retail/commercial property management experience with significant supervisory responsibility
  • Experience with Yardi software programs is preferred.
  • Detail oriented, analytical and computer literate with proficiency in Word, Excel and Outlook
  • Organized with ability to multi-task while keeping track of priorities and maintaining big picture focus
  • A proven record of providing excellent internal and external customer service.
  • Superior communications skills, both verbal and written
  • Exceptional analytical ability and “hands on” management experience
  • Experience with vendor management and contract negotiations
  • Skill and experience with project management and tenant construction work
 
COMPENSATION
L&B Realty Advisors offers a competitive compensation package with excellent benefits including vacation and sick pay, tuition reimbursement, PPO/HDHP medical, dental and vision plans, matching 401(k) plan L&B Realty Advisors is an Equal Opportunity Employer and value Diversity, Equity and Inclusion.

Company Logo

L&B Realty Advisors LLP

100-1500 employees

Headquarters in Dallas, Texas, L&B Realty Advisors is a real estate investment advisor with approximately $9 billion in assets under management. Founded in 1965, the firm provides real estate investment management services to institutional investors and high-net-worth individuals. Clients include public and private pension plans, sovereign wealth funds, Taft-Hartley pension plans, endowments, foundations, and private investors. The firm is comprised of two distinct functions: investment management and independent fiduciary services. As an investment manager, the firm executes full-service investment management from acquisition to asset management to disposition. As an independent fiduciary, the firm provides financial advisory and owner representation services.

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