Property Manager
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Cornerstone Companies
Indianapolis, IN, US
Summary
The Property Manager oversees the day-to-day operations of a portfolio of medical office buildings, including financial management, lease administration, and property inspections. They are responsible for developing budgets, managing vendor contracts, and ensuring compliance with all property policies and client requirements.
Job Description
Job Details: Job Location: Cornerstone Florida Office - North Fort Myers, FL, Position Type: Full Time, Salary Range: $70000.00 - $85000.00Salary/year, Travel Percentage: Up to 50% , Job Shift: Day, Job Category: Real Estate, Property Manager - Greater Tampa Area
Onsite Responsibilites Will be Required - Must be in Commuting Distance or Willing to Relocate
Heavy Commercial Real Estate and Commercial Accounting Experience Required.
Principal Objective of Position:
The Property Manager is responsible for the day-to-day management efforts related to a portfolio of on-campus and off-campus medical office buildings. This position is responsible for implementing financial and operational initiatives in accordance with policies and budgets.
Heavy Commercial Real Estate and Commercial Accounting Experience Required.
Essential Functions:
The following reflects management’s definition of essential functions for this job but does not restrict the tasks that may be assigned. Management may assign or reassign duties and responsibilities to this job at any time due to reasonable accommodation or other reasons.
Oversee all lease administration duties.
Monitor collections and coordinate default proceedings.
Approve pre-postings for monthly tenant charges.
Ensure compliance with Property Management Policies and Procedures, codes, regulations, and governmental agency directives.
Develop comprehensive annual inspection processes for properties; complete weekly, monthly quarterly, and annual property inspections as required for assigned assets, Cornerstone’s best practices, and/or client requirements.
Develop operating and capital budgets
Perform CAM reconciliations and ensure smooth recovery process.
Prepare monthly accruals
Complete owner specific monthly financial reporting packages
Review and approve property rent rolls monthly to ensure accuracy
Bid, negotiate, and manage conformity with vendor contracts in accordance with Cornerstone’s contract requirements and/or client requirements.
Manage tenant move ins/move outs, walk suites
Maintain interface with third party owners and accounting team to ensure total contract compliance, including preparation of accurate and timely reporting.
Coordinate and oversee on behalf of the client, all tenant and building construction work to ensure timely and accurate completion.
Provide and foster positive relationships with tenants, vendors, external clients, and internal departments.
Other Responsibilities:
Participate in leasing and client term meetings and ensure effective communication between leasing and property management team members to achieve client’s goals and objectives.
Facilitate quarterly meetings with facility supervisors.
Other duties as assigned.
Qualifications: Education and Experience Required:
Bachelor’s Degree in Sales, Real Estate, Business Management, or related field.
Minimum of 3 years’ previous experience in commercial real estate property management.
Valid Real Estate license or the ability to obtain Real Estate license within 1 year of date of hire.
Knowledge, Skills, and Abilities Required:
Strong knowledge of finance and building operations concepts and processes.
Ability to effectively analyze, prioritize, and delegate.
Ability to operate independently and as a member of a team.
Strong verbal and written communication skills.
Valid driver’s license and the ability to travel, as needed, to client locations.
Preferred Qualifications:
CAM or RPA designation or currently working toward these designations strongly preferred.
Work Environment:
This position works in a corporate office environment. Little to not exposure to outside elements. This position regularly uses standard office equipment, including but not limited to a computer, keyboard, mouse, copy machine, fax machine, etc.
Cornerstone Companies, Inc. is a leading, fully-integrated healthcare real estate company. We help physicians, hospitals and third party owners develop, build, lease, manage and optimize their healthcare real estate while enhancing the patient and provider experience. For more than 35 years, Cornerstone has worked exclusively in healthcare real estate. We have partnered with physicians and hospitals to develop more than $1B of medical facilities of all types and manage more than 11M sf of medical space. Cornerstone's portfolio covers 25 states nationwide and has full-service offices in Indiana, Kentucky, Michigan, Ohio, North Carolina, and Florida.
Founded
1985
Company size
51-200 employees
Industry
Leasing Non-residential Real Estate
Org type
Privately Held
Headquarters
Indianapolis, IN
Cornerstone Companies, Inc. is a leading, fully-integrated healthcare real estate company. We help physicians, hospitals and third party owners develop, build, lease, manage and optimize their healthcare real estate while enhancing the patient and provider experience. For more than 35 years, Cornerstone has worked exclusively in healthcare real estate. We have partnered with physicians and hospitals to develop more than $1B of medical facilities of all types and manage more than 11M sf of medical space. Cornerstone's portfolio covers 25 states nationwide and has full-service offices in Indiana, Kentucky, Michigan, Ohio, North Carolina, and Florida.
Founded
1985
Company size
51-200 employees
Industry
Leasing Non-residential Real Estate
Org type
Privately Held
Headquarters
Indianapolis, IN