Sr Manager, Commerical Real Estate Administration Washington, DC
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Job Location:
Arlington, TX - USA
Monthly Salary:
$ 115000 - 135000
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
ABOUT GREYSTAR
Greystar is a leading fully integrated global real estate platform offering expertise in property management investment management development and construction services in institutional-quality rental housing. Headquartered in Charleston South Carolina Greystar manages and operates over $300 billion of real estate in more than 250 markets globally with offices throughout North America Europe South America and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States managing overunits/beds globally. Across its platforms Greystar has nearly $79 billion of assets under management including over $35 billion of development assets and over $30 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more visit .
JOB DESCRIPTION SUMMARY
The Senior Manager Commercial Real Estate Administration manages the execution of strategies and programs that assist the Company in the management of mixed-use communities where Greystar acts as the property management company of both the residential and commercial components.JOB DESCRIPTION
1. Assists local real estate leaders and management teams in interpreting tenant leases and landlord contractual obligations.
2. Acts as a resource for local management teams by providing guidance on handling concerns as it relates to lease specifications.
3. Generates lease abstracts outlining all key financial business and legal information that exists in the commercial real estate lease and communicates all unusual lease provisions financial obligations and other pertinent information.
4. Assists local management teams with operating budget preparation by reviewing income assumptions for both accuracy and soundness in mechanics and strategy.
5. Assists local management teams with calculating annual CAM reconciliations and tracking of percentage rent.
6. Reviews management software systems for accuracy of key components such as the rent roll to ensure correct square footages and rents. Establishes the commercial pro-rata share for expense allocation.
7. Creates and conducts virtual training sessions to ensure local management teams understand key lease abstract information as well as lease language.
8. Assists with new business pursuits where possible on mixed-use projects.
9. Works closely with other departments in the development of various system platforms that support commercial management activities/requirements.
10. Generates and maintains training tools for mixed-use property operators to include both written and video formats. Conducts general purpose virtual training sessions with mixed-use operators on a periodic basis.
The salary range for this position is $115000 - $135000
Additional Compensation:
Many factors go into determining employee pay within the posted range including business requirements prior experience current skills and geographical location.
Corporate Positions:Inaddition to the base salary this role may be eligible to participateina quarterly or annual bonus program based onindividual and company performance.
Onsite Property Positions:Inaddition to the base salary this role may be eligible to participatein weekly monthly and/or quarterly bonus programs.
Robust Benefits Offered*:
Competitive Medical Dental Vision and Disability & Lifeinsurance benefits. Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
Generous Paid Time off. All new hires start with 15 days of vacation 4 personal days 10 sick days and 11 paid holidays. Plus your birthday off after 1 year of service! Additional vacation accrued with tenure.
For onsite team members onsite housing discount at Greystar-managed communities are available subject to discount and unit availability.
6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).
401(k) with Company Match up to 6% of pay after 6 months of service.
Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10000 (includes adoption or surrogacy).
Employee Assistance Program.
Critical Illness Accident HospitalIndemnity PetInsurance and Legal Plans.
Charitable giving program and benefits.
*Benefits offered for full-time employees. For Union and Prevailing Wage roles compensation and benefits may vary from the listedinformation above due to Collective Bargaining Agreements and/or local governing authority.
Greystar will consider for employment qualified applicants with arrest and conviction records.
Important Notice: Greystar will never request your banking details or other sensitive personal information during the interview process. Greystar does not conduct any interviews via text or messaging and all communication will come from official Greystar email addresses (@). If you receive suspicious requests please report them immediately to
Required Experience:
Manager
Key Skills
- Microsoft Office
- Portfolio Management
- Microsoft Word
- Asset Management
- Yardi
- Microsoft Excel
- Administrative Experience
- DocuSign
- Property Management
- negotiation
- Contracts
- Google Suite
About Company
At Greystar, we offer apartments in desirable locations near shopping, dining, and workplaces. Browse through our wide selection of apartments for rent and find your dream home today.
