Real Estate Property Manager
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- Communicates Effectively
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employee since 2008
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My parents have always instilled in me the concept of working hard, having fun, thinking long term and planning for the future. FM Global is exciting, innovative and dynamic, and with so many professional opportunities here, it's also a company where you can spend your whole career and never get bored. I remember back during one of my initial interviews with FM Global, a manager shared that over 80% of the office staff had been with the company since they graduated college. That kind of longevity is one of the reasons I decided to work at FM Global. I'm proud to work for a company that invests in its employees and trains them to be the best. The willingness to learn is universal, the exposure to knowledge is infinite and the different career paths are endless. The opportunities to think long term don't get much broader.
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Your financial goals are important to us, so we offer retirement programs that reflect local policy and custom.
Your time at FM Global should be valuable and enriching, with plenty of opportunities for skills development and career growth.
Eligible employees participate in an incentive plan based on the company achieving its annual financial goals.
More information about this job:
Hobbs Brook Management LLC, has been a pioneer in the development of premier office space in the Boston suburbs since 1952. We believe the most valuable thing we develop isn’t a building, it’s a relationship. As both an owner and operator, Hobbs Brook Management is committed to providing its tenants, their employees and customers with a reliable and fully functional business environment. For more information about Hobbs Brook Management, please visit www.hobbsbrook.com. Hobbs Brook Management is the real estate division of FM Global.
The Property Manager reports to the SVP/COO Hobbs and is responsible for managing a team and overseeing all aspects of commercial properties based in Waltham or Wakefield for Hobbs Management LLC. The PM will be responsible for reporting on: delinquency, budget to actual on revenue and expenses, variance reports with narratives, tenant relation updates and FM Global Best Practicing reporting.
The Real Estate Property Manager will actively manage assets to maximize short-term return-on-equity and increase long-term economic value. Will also report on performance, budget variances, tenant arrears, tenant retention efforts, significant changes in the market and property conditions in general. Responsible for financial management of property to enhance property value. Develop annual operating and capital budget. Financial reporting to include monthly variance analysis and quarterly reforecasting. Interact with tenants to promote goodwill and to be fully aware of any problems. Ensure that the highest priority is given to the safety of all occupants. Work with acquisitions, development, and leasing on new strategies in the market. Review construction plans for tenant design build outs and maintain contact throughout projects. Manage third-party service providers to ensure that assets are maintained to Class A standards. Analyze and monitor capital improvement and renovation programs, as required, for property maintenance, competitive positioning, or market repositioning. Determine specific service contract requirements, develop scope of work, solicit bids, evaluate proposals and monitor contract performance for all service vendors.
- Bachelors Degree Required or equivalent education and experience.
- Prior experience in a property management capacity with a minimum of 7 years relevant experience
- RPA, CPM, MSRE certifications preferred
- Ability to effectively listen and proactively respond to requests.
- Knowledge of the budgetary process as it relates to operating and capital expenditure budgets.
- Excellent communication skills (oral & written)
- Strong follow-through and a dedication to excellence in service.
- Ability to build rapport with tenants, vendors, peers and management