
Real Estate Portfolio Strategist
2 weeks ago
Job Title: Asset Management Professional
This is an exciting opportunity to make a significant impact on the performance and success of our residential and commercial real estate portfolio. As a seasoned Asset Manager, you will oversee and manage the day-to-day operations of our extensive property holdings, including office buildings, retail centers, industrial properties, and other commercial assets.
Key Responsibilities:
- Coordinate and monitor property maintenance activities, capital expenditures, and improvement projects to enhance property value and tenant experience
- Manage third-party vendor payments and on-time mortgage payments
- Maintain and manage insurance coverage and manage insurance claims
- Enter lease agreement information & rent schedules in Yardi
- Communicate with management and tenants regarding billing and lease language
- Enter deposits and apply payments to tenant accounts, as needed
- Assist with tenant aged receivables audits and collection efforts
- Calculate tenant Overage % Rents and % in Lieu Rents and post charges to tenant accounts in Yardi
- Collect and populate data into a cash flow spreadsheet
- Review GL for income and expense entries that require reclassification
- Review and analyze leasing projection and activity
- Assist with preparation of lender and investor reporting
- Collaborate with leasing teams to ensure lease compliance, accurate documentation, and timely renewal negotiations
- Establish and maintain positive relationships with tenants to enhance tenant satisfaction, address concerns, and ensure retention
- Set-up reconciliation data and calculation format in Yardi
- Prepare tenant year-end reconciliation calculations, either manually or in Yardi
- Post tenant year-end reconciliations charges/credit to tenant accounts in Yardi
- Respond to all tenant inquiries and audits related to year-end reconciliations, working with corporate
- Gather budget year income projections from property management and leasing and enter Yardi Budget Module
- Gather budget year expense projections from property management and corporate accounting and enter the Yardi Budget Module
- General administrative duties that support company executives
Requirements:
- Minimum of 3 years professional experience in property management in Yardi is required
- Advanced experience reading and interpreting leases and related documents as well as financial information contained in accounting software, spreadsheets, financial statements, etc., required
- Expert-level proficiency working with Yardi and Microsoft Office Suite (Excel) required
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