Assistant Property Manager, Commercial Retail

Sales · NV, United States of America

Job description

JOIN OUR TEAM

Bridge33 Capitalis a rapidly growing, vertically integrated real estate private equity firm focused on open-air retail real estate.  The Company recently raised $458 MM in its latest opportunistic fund, marking a key milestone for the company.

We are seeking an ASSISTANT PROPERTY MANAGER, Commercial Retail, who is looking to learn and grow into a Commercial Property Manager and beyond!  This is an in-person position based in our Las Vegas office.  Come make your mark as an integral part of Bridge33 Capital!

MISSION

We build relationships and create value where others don’t.

KEY PRINCIPLES

We’re Better Together | We’re Here to Serve | We crush our egos, and we have empathy for teammates | We stay positive | We embrace accountability, and we champion results.

ESSENTIAL RESPONSIBILITIES

  • Supports the Property Manager in managing all aspects of property management functions for Bridge33 assets. Including, but not limited to, tenant and vendor relationships, lease obligations, construction management of tenant improvements, and rental collections for the assets.
  • Responds to tenant needs with a sense of urgency, ensuring any issues or repairs are addressed and resolved promptly and in a cost-effective manner.
  • Ensures services are provided in compliance with company policies, procedures, regulations, and contractual obligations and standards.
  • Performs periodic property inspections and completes site audit forms. Recommends and/or approves alterations, maintenance, and reconditioning as necessary.
  • Bids, secures and administers service agreements with vendors and suppliers while achieving the best value for the asset. Requires tactful negotiation skills.  Achieves costs savings without sacrificing services is an ongoing goal.
  • Resolves maintenance issues, administration of property improvements and oversight of existing conditions to achieve the long-term preservation of the shopping center.
  • Coordinates tenant move-ins and move-outs, and "walk-through" spaces with tenants and manages tenant improvement projects, including oversight of tenant's general contractor's work.
  • Prepares and delivers timely, accurate and complete asset updates and reports as required.
  • Develops and controls annual budgets for operating expenses and rent rolls. Forecasts management plans and reviews/audits monthly rent roll report and monthly account receivable (A/R) aging report, explaining variances.
  • Assists with creating tenant lease abstracts and manages all critical dates and actions for the Property Manager’s direction and approval when required.
  • Assesses risks and implements facility preparation, assessment, and recovery strategies, as part of business continuity program during and after normal business hours.
  • Collects rent and pays expenses in compliance with lease terms. Prepares all required legal notices. Recommends and coordinates legal action as necessary.
  • Collaborate with Property Manager to develop and manage strong tenant retention that focuses on building deep tenant relationships.
  • Maintains a strong business relationship with vendors that service the property. Proactively manages tenant relations to keep a pulse on the asset and the overall market. Develops new business relationships through membership participation in professional industry/trade and civic organizations.
  • Responds 24 hours, 7 days per week to any tenant issue or property emergency.
  • Performs other duties as assigned.