
Property Manager (Eddy Street-South Bend, IN) - Commercial Real Estate/Retail
Kite Realty Group
The Role
Overview
Oversee daily operations, budgeting, leasing and risk management for a retail property.
Key Responsibilities
- branding compliance
- business planning
- expense reduction
- leasing liaison
- risk management
- budget preparation
Tasks
-Recognize and manage each property's ability to meet or exceed property branding standard, appearance, cleanliness, sight lines, signage, etc. -Develop and execute annual business plan for each property to include expense reduction efforts (analysis of recovery, leakage, and tenant CAM caps) and revenue enhancement strategies (ancillary income opportunities). -Function as a liaison with leasing department on property level leasing matters, providing support as necessary to accomplish annual leasing goals at the property. -Primary risk manager at the property level, interfacing with necessary internal employees and legal and insurance carriers to monitor and reduce all property level risks. -Prepare annual operating and capital expenditure budgets for each asset.
Requirements
- mri
- salesforce
- microsoft office
- bachelor's
- financial analysis
- leasing
What You Bring
-Required job skills learned include communicating verbally and in writing to tenants, creating budgets, preparing management reports, reviewing, and explaining documents such as: lease terms, CAM Reconciliations, insurance requirements, and other commonly used documents in the commercial real estate industry. -Must also be able to be at the property for onsite routine visits, while maintaining effective responsiveness to the ongoing tenant and departmental needs of the company. -Excellent communication skills; articulate; front-facing with tenants/clients. -Stays abreast of trends within the real estate industry as well as retailer world, is cognizant of changes in the investment climate, knows and understands issues impacting tenants. -Understand core finance and accounting fundamentals related to property management. -Ability to interact with all levels of the organization professionally and confidently as well as with tenants and customers of the property. -Bachelor's degree (B.A./B.S.) from a four-year college or university preferable; or equivalent experience of a minimum of 5 years of experience in commercial property management, retail experience a plus. -Understanding of tenant financials and key business decision making to improve the portfolio. -Not required but recommended are CSM, RPA, CPM and/or CCIM designations in commercial real estate -Tenant-facing role with oversight for day-to-day property management functions through utilization of internal or external property management/maintenance resources. -Must be knowledgeable in leasing, marketing, construction, and all facets of property operation and building management. -Requires strong financial skills, including analysis of tenant financial information, real estate investment return measures and valuation analysis. -Must be trainable on MRI and Salesforce.com -Must be proficient at Microsoft programs Outlook, Word, Excel, & PowerPoint and/or Mac OS
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The Company
About Kite Realty Group
-Grocery-anchored neighborhood and community centers are primarily located in high-growth Sun Belt and strategic gateway markets. -The company integrates acquisition, development, redevelopment, and operations under one roof to continuously enhance portfolio value. -Typical initiatives include the redevelopment of existing retail assets, the construction of new mixed-use centers, and coordinating with tenants strategically. -A skilled leadership team with extensive experience across various disciplines drives the company's operations, including leasing, construction, property management, capital markets, and legal affairs.
Sector Specialisms
Retail
Mixed-Use Developments
Grocery-Anchored Neighborhood Centers
Community Open-Air Shopping Centers
