Director of Property Management Job at Black Lion Investment Group

Black Lion Investment Group Miami, FL 33131

POSITION: Director of Property Management

COMPANY: Black Lion Investment Group

LOCATION: Miami-Dade County, Florida

ANNUAL BASE COMPENSATION: $125,000 - $200,000 (D.O.E.), with health and medical benefits etc

COMPANY & JOB SUMMARY: Established commercial real estate investment and development company, focused on retail, mixed-use, and food and beverage properties, seeks a Director of Property Management to manage and oversee day-to-day duties supervising third-party property managers, in-house property management, and operating finance functions of the company’s portfolio. The Director of Property Management function includes maintaining and improving the underlying performance of each commercial property and achieving Company goals. We enjoy a busy, collegial work environment that rewards consistent effort and results. Our company is an Equal Opportunity Employer.

JOB RESPONSIBILITIES:

· Oversee the physical operation and maintenance of the entire company portfolio by responding in a timely, thorough, and concise manner to questions and requests from both internal and external sources.

· Monitor and discuss with executives the financial and physical health of each property in depth, and interface with ownership to implement company financial directives.

· Ensure revenues are timely collected and payments are properly processed by third-party property management companies; improve systems to ensure and enhance current collections and operations.

· Oversee third-party property management companies’ periodic financial reporting, and assist accounting team in maintaining updated rent rolls and CAM reconciliations.

· Prepare or revise monthly financial reports for the portfolio and present property information to ownership in regularly scheduled property meetings.

· Read, interpret, and negotiate contracts with vendors and third-party management companies and other minor legal documents related to the portfolio.

· Prepare, review, and approve annual operating budgets and income projections, including analysis of monthly expenses, cost allocations, and operational efficiencies.

· Visit properties to inspect their condition, provide direction to general contractors performing tenant build-outs, push parties through tenant build-out process, and measure their compliance with lease requirements and company policies.

· Monitor critical dates in the lease portfolio (rent commencements, expirations, renewals, tax deadlines, etc.).

· Ensure that high standards for property performance, operations, and property management are understood and maintained by relevant parties.

· When applicable, assist with overall Capital Improvement Plan and its project cycle, budget, contracting and finances, with a multi-year property improvement schedule.

· Ensure invoices are submitted to accounting for payment, and verify utility and maintenance bills are on target.

· Oversee tax remittances, and verify billing dates and coverage for active insurance policies.

· Resolve high-level issues with commercial tenants, vendors, and contractors, while working with third-party property managers and in-house and outside legal counsel.

· Supervise third-party property management’s oversight of, or yourself oversee, the tenant work order process and landlord/tenant build-out process.

· Ensure tenant repair and maintenance requests are timely and professionally responded to and managed, with an emphasis on quality and cost-efficiency.

· Other property management-related duties, as assigned.

· Slight travel required.

QUALIFICATIONS AND ESSENTIAL JOB FUNCTIONS:

· Bachelor’s degree.

· Preferred: CCIM designation or major Property Management firm experience.

· Minimum 7 years of retail (or other commercial) real estate asset management experience.

· Experience with local, regional, and national community shopping center tenants and retail construction build-outs.

· Commercial real estate accounting experience.

· Demonstrate ability to manage a department and apply principles of logical thinking to identify issues, collect and utilize pertinent data, establish facts, and resolve issues with appropriate action.

· Proven style of being proactive and multi-tasking among various projects and assets with organized, methodical system.

· Excellent negotiation skills and high attention to detail and accuracy.

· Excellent verbal, written, and interpersonal communication skills to maintain professional demeanor.

· Ability to work independently and on teams in a fast-paced environment with strict deadlines.

· Proficiency with Microsoft Excel and Word.

Job Type: Full-time

Pay: $125,000.00 - $200,000.00 per year

Benefits:

  • Health insurance
  • Paid time off

Schedule:

  • Monday to Friday

COVID-19 considerations:
Our sharp focus on safety has allowed our team to thrive this past year and a half. We adhere to strong safety protocols & training, we have an extra sanitization crew to clean our offices, and we have a new HEPA air purifier in every individual’s office

Application Question(s):

  • Please confirm your desired base salary.
  • Please describe in detail the properties and projects you have worked on in a similar role.
  • Please describe why you are leaving or have left your previous employment.
  • Please confirm you are ok with working in office Monday-Friday.

Work Location: One location




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