Job Description

Real Estate Manager

Job ID

152155

Posted

11-Jun-2024

Service line

Advisory Segment

Role type

Full-time

Areas of Interest

Property Management

Location(s)

Manhattan - New York - United States of America, New York City - New York - United States of America

About The Role:

Lead aspects of Midtown Park Avenue 1+ million square foot Class A office tower. Oversee all marketing, operations and financial activities.

What You'll Do:

• Respond to tenant needs, ensuring that administrative and building technical staff resolve problems promptly.

• Ensure regular property inspection as well as recommend and/or approve alterations, maintenance and reconditioning as needed. Contract for and supervise vendor services as required.

• At owner's discretion, market and lease the property, qualify and show space to prospective tenants, and arrange new leases and lease renewals. Coordinate tenant move-ins and move-outs, and "walk-through" spaces with tenants and tenant improvement department.

• Act as primary contact with property owners to ensure that objectives are being met. Prepare and deliver timely, accurate and complete reports.

• Develop and control annual budgets for operating and capital expenses. Forecast management plans and prepare monthly performance, explaining variances.

• Collect rent and pay expenses in concurrence with lease terms. Prepare all required legal notices and recommend/coordinate legal action as needed.

• Review and reconcile tenant rent and Common Area Maintenance (CAM) recovery charges.

• Arrange early terminations of leases and provide lease analysis for client's review/approval; Document settlement of and notify affected parties.

• Provide formal supervision to individual employees within single functional or operational area. Mentor and coach team members to further develop proficiencies.

What You'll Need:

To perform this job successfully, an individual will need to perform each crucial duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

• Bachelor's degree (BA/BS) from four-year college or university and a minimum of four to six years of similar experience and/or training.

• 8 - 10 years' experience preferred

• Real estate license required; CPM or RPA professional designation or candidacy preferred.

• Intermediate to sophisticated skills with Microsoft Office Suite

• Excellent written and verbal skills; ability to efficiently present information. Strong interpersonal and analytical skills.

• Requires proficient knowledge of financial terms and principles. Ability to conduct detailed financial analysis.

• Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

Why CBRE?

When you join CBRE you will have the support and resources of a global firm where an entrepreneurial mentality is encouraged. You'll realize your potential with exciting work, fast-paced assignments, an environment of constant learning and dedication to results! To enable your success, we provide the best tools, training and leaders in the industry.

Our culture is built on our RISE ( values and reflects the needs and perspectives of our clients and our people. Our work is guided by our North Star: Crafting the real estate solutions of tomorrow, so businesses and people thrive.

Coming to work for CBRE, you will receive a comprehensive benefits package, 401k, and extraordinary perks such as career growth and longevity!

CBRE carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for the Real Estate Manager position is $120,000 annually and the maximum salary for the Real Estate Manager position is $175,000 annually. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience. Successful candidates will also be eligible for a discretionary bonus based on CBRE’s applicable benefit program.

Equal Employment Opportunity: CBRE is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.

Candidate Accommodations: CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company’s success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).

NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.

CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)

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