Portfolio Manager

Transwestern

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profile Job Location:

Rockville, MD - USA

profile Monthly Salary: $ 150000 - 160000
Posted on: 4 days ago
Vacancies: 1 Vacancy

Job Summary

Four dynamic integrated companies make up the Transwestern enterprise giving us the perspective to think broadly deeply and creatively about commercial real estate. Clients and investors rely on us for expertise that spans institutional and opportunistic investment development hospitality and brokerage and asset services. Our award-winning collaborative culture empowers team members with resources and independence to work across boundaries in pursuit of innovative solutions reinforcing a reputation for service excellence that translates to measurable results. Through offices nationwide and alliance partners around the globe we positively impact the built environment and our communities while fostering a work climate that champions career vitality for all. Learn more at and @Transwestern.

Part of the Transwestern companies Transwestern Real Estate Services (TRS) strives to add value for investors owners and occupiers across all commercial property types. Fueled by a holistic perspective of the real estate life cycle agility and creativity are hallmarks of our approach while vast national resources and sound market intelligence underpin customized recommendations and property solutions.

Transwestern is built on a common purpose - Empowering Good People to do Extraordinary Things Together. We are committed to the hiring of smart passionate hard-working people who understand the benefits of both collaboration and independence.

POSITION SUMMARY:

The Portfolio Manager is responsible for managing and supervising a commercial property portfolio. ThePortfolio Manager has the primary responsibility for setting measurable business goals and objectivesassuring the timely preparation of annual budgets recommending capital expenditures coordinating
marketing and leasing activities for the commercial property portfolio implementing commercial policiesand procedures and supervising property staff.

The Portfolio Manager may directly manage a portion of the commercial property portfolio and as suchwill be responsible for those duties of a Property Manager.

This is a dynamic on-site role that places you at the heart of the action. As a result an essential functionof this position is working on-site. Remote or hybrid options are not available. Being on property allowsyou to build strong relationships with clients and tenants respond in real time and make a visible impact
every day.

ESSENTIAL JOB FUNCTIONS:

  • Cultivate relationships with key property owners in the market. Play a key role in targeting thebest sites for potential expansion using industry knowledge and experience to find the mostadvantageous opportunities.

  • Identify new acquisition opportunities through contacts with brokers builders bankers propertyowners and in-house contacts.

  • Develop leads to create and build client relationships while sponsoring interaction to obtainprojects.

  • Assist in formulating standard/routine proposals in conjunction with team members and variousfunctional groups.

  • Communicate back to internal groups the outcome of the negotiations/proposals focusing onconveying the expectations set forth for each group i.e. clear details critical timeframes and
    expectations.

  • Establish and maintain on-going client relationships with the various parties to anticipate andresolve potential problems. Participate in site visits.

  • Together with the Executive Managing Director Asset Services cultivate relationships withinmanagement services companies in the region to identify merger and acquisition opportunities.

  • Prepare financial analyses market analyses and narrative reports to support M&A findings.

  • Post-acquisition work including coordination with other Transwestern Property ManagementServices leadership in the training of new property management teams on Transwestern
    processes and procedures related to operations management finance and human resources.

  • Take the lead in financial and accounting management for this specific portfolio including analysisplanning and reporting.

  • Coordinate all aspects of marketing related to the portfolio. Coordinate regular meetingsthroughout the year to ensure strong property owner communications.

  • Establish and maintain relationships with industry influencers and key strategic partners.

  • Establish and maintain a consistent corporate image throughout the portfolio of propertiespromotional materials and events related to the portfolio.

  • Participate in related business organizations/industry trade.

  • Maintain current assessment of leads to new clients.

  • Report on status of properties in the pipeline.

  • Review and approve commercial property operating statements for compliance with approvedbudgets. Review proposed major expense variances from commercial property budgets and
    make recommendations to property owners. Prepare or oversee the preparation in a timelymanner of all documentation and information required for accounting department data inputand report generation.

  • Supervise Property Managers delinquency collection efforts including the handling of delinquentaccounts.

  • In conjunction with the Vice President and property owners identify and analyze major capitalexpenditure programs such as remodeling programs and major tenant improvements for the
    commercial properties.

  • Coordinate annual commercial property budget reviews competitive surveys and managementbusiness strategies.

  • Coordinate accounting support with the corporate Controller.

  • Participate in special projects periodically assigned by the Vice President Senior Vice President orowner.

POSITION REQUIREMENTS:

  • A bachelors degree in Business Management Finance Accounting or a Human ResourceManagement related discipline required Advanced degree preferred.

  • CPM RPA and/or CCIM designations preferred in addition to degree.

  • State Real Estate License required.

  • A minimum 7 years of property management experience preferably in commercial /Class A Officemanagement.

  • At least 5 years in a senior leadership role directing a team of properties.

  • Must have intermediate to advanced Microsoft 365 Word and Excel proficiencies.

  • Microsoft Outlook Argus Accounting Software such as MRI or Yardi proficiency preferred.

  • Demonstrated ability to work effectively in a team with Market Leaders Engineering ClientAccounting Leasing and Investment Sales group in pitching/winning new business.
    Proven technical knowledge of building operations including engineering.

  • Must be flexible highly creative work well under pressure and within tight schedules.

  • Demonstrate strong analytical capabilities with a high attention to detail.

  • Ability to keep information and internal communications confidential.

  • Exhibit excellent verbal and written communication skills.

  • Travel to various property locations.

  • Strong background in managing multiple portfolios with responsibility for team leadership performance and operational execution.

Pay Range: $150000 - $160000

WORK SHIFT:

LOCATION:

Rockville MD

This is a dynamic on-site rolethat places you at the heart of the action. As a result an essential function of this position is working on-site. Remote or hybrid options are not available. Being on property allows you to build strong relationships with clients and tenants respond in real time and make a visible impact every day.

ABOUT US

Transwesterns Guiding Principles are woven into the fabric of our firm and underscore the value of each individual team member. We embrace inclusion not only as the right thing to do but as a reflection of who we are. It is our responsibility and heartfelt desire to create an environment that elevates the human spirit and brings out the best in everyone.

Different backgrounds life experiences and cultures shape our individual perspectives and ultimately generate the best results for our clients. Strategic human capital planning combined with development initiatives foster a work environment that celebrates uniqueness and champions the achievements attained through collaboration.

Please note that all candidates selected for an offer of employment are subject to pre-employment background checks which may include but are not limited to based on the role for which they have been selected: criminal history education verification social media review motor vehicle records credit history and professional license addition your employment with Transwestern is subject to successfully passing a drug screen check prior to your starting with the Company along with satisfactory references.

We understand you have a choice when choosing where to work and pursue a career. We understand you are unique and have your story. We want to hear it. We encourage you to apply today so that you may become a part of the Transwestern story.


Required Experience:

Manager

Four dynamic integrated companies make up the Transwestern enterprise giving us the perspective to think broadly deeply and creatively about commercial real estate. Clients and investors rely on us for expertise that spans institutional and opportunistic investment development hospitality and broker...
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About Company

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Transwestern is a commercial real estate company that provides services in real estate development, agency leasing, commercial property management, capital investment, market reports, and more. We have many properties for lease from retail, healthcare, industrial and office space for ... View more

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