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Metropolitan Realty & Development, LLC

Property Manager

Salary
Competitive
Employment
Full Time
Real Estate Field
  • Property Management
Location
Little Rock
Region
AR
Postal Code
72120
Country
United States

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Description


COMMERCIAL REAL ESTATE PROPERTY MANAGER JOB DESCRIPTION

Since 1925, the family-owned Metropolitan Realty & Development, LLC has been instrumental in creating some of the finest neighborhoods and commercial properties in the Arkansas communities of North Little Rock and Sherwood. We are real estate professionals with a commitment to develop quality residential subdivisions, office buildings, shopping centers, and single tenant retail properties to high standards. We are looking for a self-motivated, confident and passionate real estate manager who strives to provide above and beyond services in every way. Must have commercial property management experience with retail shopping centers and office buildings.

Necessary Skills:

Proficient in current Microsoft Office programs with an emphasis on word processing skills

Excellent written communication skills (i.e. grammar, punctuation, spelling, style, etc.)

Excellent verbal communication skills (ability to speak in a clear and understandable manner)

Ability to independently perform research for specific projects

Ability to work with minimal supervision

Willingness to work as a team with other staff members

Strong leadership abilities allowing for effective supervision

Ability to independently set assignment priorities and deadlines

Ability to create, maintain and analyze reports

Demonstrated ability to adapt and handle multiple tasks

Must be detail oriented with a high degree of accuracy

Exceptional organization skills

Scope of Duties:

Principal responsibilities will include but not be limited to the following:

Establish rental rates by surveying local rental rates and calculating expenses and profit goals

Create marketing brochures and materials on computer using Adobe Acrobat and Microsoft Publisher

Develop and maintain Internet portal such as the company website and real estate listing services such as Loopnet and Costar

Perform market studies, research of demographics, traffic counts and other analysis on websites such as Costar and Metroplan

Attract tenants by advertising vacancies to brokers and other interested parties, obtaining referrals from current tenants, explaining location advantages and services and showing lease spaces to tenant prospects

Draft Letters of Intent to present to prospective tenants using Microsoft Word

Exhibit a thorough understanding of lease documents

Perform financial analysis of proposed lease terms suing Microsoft Excel

Negotiate lease terms with tenants and prospective tenants

Perform credit checks and financial statement analysis of prospective tenants

Exhibit a basic understanding of construction methods and procedures

Create construction specifications for tenant build-outs and commercial renovations, with the assistance of engineers and architects when needed

Work with contractors individually or with general contractors getting bids and overseeing work on tenant build-outs, remodels and other construction

Work with governmental bodies to secure permits or zoning variances

Advise upper management and ownership of significant property operating events or issues

Create and manage all operating and capital expense budgets including performing annual operating expense reconciliations

Assist other team members with CAM reconciliation process and review individual tenant CAM reconciliation letters for accuracy

Oversee and manage capital expense projects and adherence to budget parameters for each project

Ensure that all building and property alterations are performed in accordance with building standards, local code requirements, contracts, ADA compliance and environmental regulations

Oversee and direct the initiation and/or renewal of service contracts; including the procurement of bids, negotiations, and supervision of the scope of all vendor service contracts. Keep ongoing contracts up to date.

Approve billing invoices for payment in a timely manner

Assist with capital improvement projects as assigned.

Build tenant loyalty through effective communication, quick response and follow through, as well as excellent customer service.

Maintain properties by investigating and resolving tenant complaints, regularly inspecting and planning and completing repairs

Oversee and ensure vendor compliance and quality of work

Ensure property rules and regulations are honored by all tenants (including assisting in the management of Certificates of Insurance)

Ensure the highest possible standards of building/property maintenance and appearance by conduction of regular property inspections and regular scheduled meetings with management staff

Actively monitor after hours emergencies 24/7 and participate in the coordination of necessary response, as needed

Attend yearly continuing education classes as required to maintain a real estate license

Participate in industry related associations and networking groups

Benefit Package: 

              Our company proudly provides our employees with the following comprehensive benefit package:

              Medical, Dental and Vision insurance

              Short-term and long-term disability insurance

              Company Profit Sharing Plan

              Company 401(k) Plan

              Generous allowance of vacation days, personal days and paid holidays

              Additional training and instruction in topics related to real estate development and property management upon request

Required experience:

              Commercial Property Leasing and Management – 5 years

Required license or certification:

              Must be a licensed real estate sales agent or broker

              CPM designation desirable

              Must have a valid drivers’ license and a clean driving record

 

Job Functions


  • Development
  • Leasing
  • Property Management
 

Job Sectors


  • Residential
  • Office
  • Retail
 

Experience


5+ to 7 years


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