Commercial Property Manager

  • Crescent Real Estate LLC
  • Boulder, CO, USA
  • Nov 10, 2019
Full time

Job Description

Crescent Real Estate LLC (Crescent) is a real estate operating company and investment advisor, founded by Chairman John C. Goff, with assets under management, development, and investment capacity of more than $10 billion. Through the GP Invitation Fund I and the GP Invitation Fund II, the company acquires, develops and operates all real estate asset classes alongside institutional investors and high net worth clients. Crescent's premier real estate portfolio consists of Class A and creative office, multifamily and hospitality assets located throughout the U.S., including The Ritz-Carlton, Dallas, and the wellness lifestyle leader, Canyon Ranch®. Crescent is currently looking for an experienced property manager to join our team in Boulder, Colorado. Flatiron Park is a multi-building campus known as a leader in innovative and creative work environments in the heart of Boulder. You will be performing day-to-day responsibilities for all property and construction management activities and be responsible for overseeing property and facility management staff and the daily physical and financial operations of the assigned buildings. ESSENTIAL DUTIES AND RESPONSIBILITIES Prepare and manage annual operating budgets, including the capital budgets (ABF Yardi Voyager). Review portions of budgets supplied by other departments. Prepare and/or oversee annual OPEX recovery reconciliations and the invoicing of same (Yardi Voyager). Prepare monthly financial reports, including budget variances, executive summary, and bi-monthly summary of all portfolio activities. Initiate and complete special projects and those requested by management and/or tenant customers. Review, red-line and abstract (into Yardi Voyager) all lease documents during lease negotiations and after lease execution working closely with asset management, brokers and legal counsel. Oversee the billing and receivables of tenant rent and other miscellaneous charges in accordance with lease terms and implement collection policies and procedures as necessary to ensure collection of unpaid and slow-paying accounts including resolving disputes that may arise. Oversee all Accounts Payable activities for both operating and capital expenses. Perform project management functions related to tenant construction and property capital projects consistent with local codes. Manage tenant work in compliance with leases and work letter agreements to ensure tenant acceptance, timely completion, and occupancy and rent commencement. Ensure all certificates of insurance are current for all leases, licenses and vendor contracts or proposals. Draft and/or manage vendor contracts for capital and preventative maintenance purposes in addition to their appropriate invoicing and other applicable terms. Coordinate tenant move-ins and move-outs. Assist tenants in making moving arrangements and review the building and regulations with tenant and tenant's moving contractor, as is applicable. Draft various types of Notices in accordance with lease terms as is applicable to various circumstances. Draft various types of license agreements for tenants, vendors and third parties and obtain applicable types of insurance requirements applicable to the agreement. Proactively meet with building tenants on management matters and matters of tenant relations, tenant services, leasehold modifications, tenant needs, and special requests or problems. Draft Landlord Letters of Approval and their associated Notices of non-liability (to be posted and appropriately delivered) for all tenant requested alterations and/or changes to their demised premises in accordance with lease terms. Routinely manage on-site personnel either directly or through others, including employment interviews employee development, training, motivation, and evaluation. Establish, monitor, and enforce operating policies and procedures, work schedules, and working hours for staff. Regularly direct employees or contractors who perform maintenance and repair work, judging work performance, adherence to specifications, and observance of safety regulations and building rules relating to contractors and vendors. Conduct (or assign) regularly scheduled and unscheduled on-site inspections of common areas, tenant spaces, vacant spaces, mechanical rooms, roofs, exterior perimeter, and other areas. Make appropriate repairs, changes, alterations, etc. as deemed necessary. Plan for, react to, and assist with unexpected or infrequent items or events such as emergencies, inclement weather, tenant lock-outs, public relations events, major renovations, civil disturbances, government regulations, etc. On call for after hour emergencies (shared responsibility with other staff). Perform other duties as assigned. EDUCATION and/or EXPERIENCE Bachelor's Degree (B.A./B. S.) or higher, Real Estate Broker's License (State of Colorado within nine (9) months from of hire date), five (5) years commercial property management experience with a strong background in all areas of operations, construction, budgets/financial reporting and lease administration. CPM or RPA preferred but not required. Experience with Yardi Voyager or similar Yardi property management software preferred but not required. Google to learn more about Crescent Real Estate Our website Like us on Check us out on LinkedIn We offer opportunities for career growth at one of the largest, financially stable companies in the world, responsibilities, and rewards based on contributions, and competitive pay and benefits. Your salary will commensurate with your experience. We offer a comprehensive benefits package that includes medical, dental, vision and 401(k) Plan with a company match and more we can talk about later. We are an equal opportunity employer. Minority/Female/Disabled/Veteran Except where prohibited by state law, all offers of employment are conditioned upon completing a background check.