Sr Real Estate Manager

Sr Real Estate Manager

Job ID

156561

Posted

28-Feb-2024

Service line

Advisory Segment

Role type

Full-time

Areas of Interest

Property Management

Location(s)

Lexington

• Massachusetts

• United States of America

Are you ready to start an exciting career with CBRE?

About The Role:

The Sr Real Estate Manager leads all aspects of a property or portfolio of commercial, industrial or retail properties in addition to supervising all marketing, operations and financial activities.

What You'll Do:

• Respond to tenant needs, ensuring that administrative and building staff resolve problems promptly. Ensure that services are provided in compliance with policies, procedures, regulations and contractual obligations and standards.

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

• At owner's discretion, market and lease the property, qualifying and showing space to prospective tenants, and coordinating 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 as being met. Assemble and deliver timely, accurate and complete reports.

• Develop and control annual budget for operating and capital expenses. Forecast management plans and prepare monthly performance, explaining variances. Collect rent and pay expenses while aligning with lease terms.

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

• Arrange early terminations of leases and provides lease analysis for client's review and approval. Document settlement of and notifies affected parties.

• Provide formal supervision to individual employees within single functional or operational area. Approve subordinate's recommendations for staff recruitment, selection, promotion, advancement, corrective action and termination. Plan and monitor appropriate staffing levels and utilization of labor, including overtime.

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 related experience and/or training.

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

• Excellent written and verbal communication as well as strong organization and analytical skills.

• Requires sophisticated knowledge of financial terms and principles. Ability to calculate intermediate figures such as percentages, discounts, and commissions; Conducts sophisticated financial analysis.

• Ability to comprehend, analyze, and interpret complex documents.

• Intermediate to advanced skills with Microsoft Office Suite

• 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 Senior Real Estate Manager position is $115,000 annually and the maximum salary for the Senior Real Estate Manager position is $150,000 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.

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. We also provide reasonable accommodations, as needed, throughout the job application process. If you have a disability that inhibits your ability to apply for a position through our online application process, you may contact us 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.