Sr. Real Estate Development Manager
Advance Auto PartsSalary not specified
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Real Estate, Commercial PropertyIndustries
Requirements
- Minimum of 3–5 years of progressively responsible experience in commercial property management, preferably overseeing office, medical, or mixed-use assets
- Experience managing tenant relations, vendor contracts, budgets, and capital projects
- Strong organizational, time management, and problem-solving skills with the ability to manage multiple priorities effectively
- Excellent interpersonal, verbal, and written communication skills, with a proven ability to interact professionally with tenants, vendors, ownership groups, and internal staff
- Strong customer service orientation and attention to detail, with consistent follow-through on assignments
- High level of computer proficiency in a professional office environment; Microsoft Office Suite required (Outlook, Excel, Word, PowerPoint)
- MRI property management/accounting software experience strongly preferred; familiarity with other industry platforms (e.g., Angus, AvidXchange, Yardi) is beneficial
- Demonstrated financial acumen including preparation and analysis of operating budgets
Responsibilities
- Manage all aspects of commercial property management for a multi-building portfolio including office buildings, medical office buildings, Owner's Associations, and retail spaces
- Maximize the performance and value of a portfolio of real estate assets owned and managed by the client
- Maintain client’s service revenues, including leasing, construction management, maintenance, property management, and other fee income, as specified in budgets
- Implement a long-range real estate asset management strategy as directed
- Contribute to and adhere to standards and procedures for all property and facility management activities
- Work with team members on portfolio additions/transitions to ensure efficient operational transitions
- Participate in continuing professional development to stay updated on new standards and management procedures
- Ensure the efficiency of physical assets, sustain mechanical and cosmetic maintenance, preservation/renovation of facilities, and supervise contract services
- Increase, enhance, and maintain tenant retention, renewals, and property occupancy
- Measurably maintain, enhance, and strengthen relationships with tenants and ownership
- Develop, implement, and administer the annual budget, with quarterly re-forecasting and monthly variance reporting, and recommend capital expenditures
- Prepare financial reports according to established reporting requirements
- Achieve budgeted net operating income for the property
- Direct the preparation and implementation of all annual financial reports, including budgets, management plans, and annual reports
- Direct the preparation and submission of all monthly/quarterly financial reports and forecasts to the asset manager
- Monitor the collection of all rents and execute appropriate collection processes
- Direct and assist in billing and collection of all monies, rents, CAM, and charges
- Approve work orders, purchase orders, and invoices
- Manage CAM reconciliation and related communications
- Oversee and direct the day-to-day AP and AR functions
Skills
Property Management
Commercial Real Estate
Leasing
Tenant Relations
Facility Maintenance
Construction Management
Financial Reporting
Asset Management
Vendor Management
Budget Management
Occupancy Optimization
Customer Service
Bisnow
News, events, and networking for real estate
About Bisnow
Bisnow provides news, events, and networking opportunities for professionals in the commercial real estate sector. It delivers industry insights through articles and reports on its online platform, while also hosting live events that facilitate networking and deal-making. Bisnow differentiates itself by focusing on major urban markets in the U.S. and generating revenue through advertising, event ticket sales, and sponsorships. The company's goal is to connect and inform commercial real estate professionals, helping them navigate the industry effectively.
New York City, New YorkHeadquarters
2005Year Founded
BUYOUT_LBOCompany Stage
Consulting, Real EstateIndustries
201-500Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
Profit Sharing
Risks
Digital platforms may reduce attendance at Bisnow's physical events.
AI-generated content could challenge Bisnow's traditional news model.
Economic uncertainty may affect Bisnow's client base and event sponsorships.
Differentiation
Bisnow excels in providing niche commercial real estate news and insights.
Their events foster networking among key industry players in major U.S. markets.
Bisnow's platform offers unique opportunities for collaboration in real estate projects.
Upsides
Bisnow's expansion into Las Vegas taps into a dynamic real estate market.
Winning the SABEW award enhances Bisnow's credibility in business journalism.
Partnerships on D&I projects strengthen Bisnow's industry influence and reach.
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