Senior Portfolio Manager

Job Description

• We are seeking an experienced Senior Portfolio Manager to play a pivotal role in overseeing our diverse national portfolio of NNN properties. This senior-level position requires a driven, strategic thinking professional with a comprehensive understanding of commercial real estate, including but not limited to executing leasing and sales mandates, lease administration, financial analysis; and risk management to ensure operational excellence and maximize portfolio value.

• Direct the day-to-day management of all properties within the portfolio, ensuring operational excellence, high tenant satisfaction, and optimal financial performance.
• Execute lease up and sell & stabilized sale(s) business plans- management of leasing and sales initiatives consistent with clearly defined business plans, including with hiring and managing third party leasing/sales agent to achieve these goals
• Lease Administration: Oversee all aspects of lease administration, including rent collection, CAM reconciliations, tenant financial reporting; lease renewals and dispute resolution.
• Financial Analysis: Execute thorough financial analyses of property performance, driving budget preparation, variance analysis, and accurate forecasting.
• Risk Management: Proactively identify and mitigate potential risks to the portfolio, including tenant credit risk, property condition risk, and broader market risks.
• Vendor Management: Cultivate and manage relationships with third-party property managers, brokers, contractors, and other essential service providers.
• Reporting: Deliver comprehensive, regular reports on portfolio performance and key metrics for senior management and investors.
• Strategic Initiatives: Partner with leadership to develop and implement forward-thinking asset management strategies that maximize long-term portfolio value.

• Bachelor's degree in real estate, finance, business administration, or a related field. Professional designation of CCIM, real estate salesperson license preferred, but not required. 
• 5 to 8 years of experience in commercial real estate asset management, with familiarity with NNN leases.
• Exceptional analytical, problem-solving, and decision-making abilities. Strong written and verbal communication skills. Proficiency in financial modeling, accounting principles, and industry-standard real estate terminology and best practices. Familiarity with commercial leases and real estate contracts.