Sr. Property Manager-Commercial Real Estate (Retail)

Overview

Manage retail portfolio, oversee NOI, budgets, leasing, and operations.

Key Responsibilities

• business planning
• budget prep
• risk management
• leasing liaison
• ops oversight
• branding standards

Tasks

-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). -Recognize and manage each property's ability to meet or exceed property branding standard, appearance, cleanliness, sight lines, signage, etc. -Prepare annual operating and capital expenditure budgets for each asset. -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. -Act as a liaison with leasing department on property level leasing matters, providing support as necessary to accomplish annual leasing goals at the property. -Oversight for day-to-day property management functions through utilization of internal or external property management/maintenance resources.

Requirements

• bachelor degree
• financial analysis
• leasing
• microsoft excel
• mri
• tenant finance

What You Bring

-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 retailers. -Understanding of tenant financials and key business decision making to improve the portfolio. -Bachelor's degree (B.A./B.S.) from a four-year college or university preferable; or equivalent experience of a minimum of 5 – 7 years of experience in commercial property management with a focus on multisite lifestyle, power and grocery anchored centers -Requires strong financial skills, including analysis of tenant financial information, real estate investment return measures and valuation analysis. -Must be knowledgeable in leasing, marketing, construction and all facets of property operation and building management -Not required but recommended are CSM, RPA, CPM and/or CCIM designations in commercial real estate. -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 be proficient at Microsoft programs Outlook, Word, Excel, & PowerPoint and/or Mac OS -Must also be able to travel to the properties in the portfolio for onsite routine visits, while maintaining effective responsiveness to the ongoing tenant and departmental needs of the company. -Ability to interact with all levels of the organization professionally and confidently as well as with tenants and customers of the property. -Understand core finance and accounting fundamentals related to property management. -Must be trainable on MRI and Salesforce.com

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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.

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