Regional Real Estate Manager

Overview

With a keen focus on execution, the RREM orchestrates the implementation of approved strategies and initiatives, leveraging effective management and coordination of the property team’s efforts. Additionally, the RREM takes charge of nurturing and cultivating the professional growth of personnel across the region.

• Develop and implement management plan for assigned properties to achieve investor return expectations while complying with company objectives and applicable law.
• Evaluate market conditions for each property and real estate investment climate that will affect business plan strategies. Communicate competitive environment and market expectations to ownership.
• Forecast competitive space availability for each property and develop marketing and pricing recommendations that will maximize the asset value of each property. Forecast absorption of project vacancy.
• Work in conjunction with Nex Core leasing personnel or 3rd party leasing personnel on leasing strategy for each building and assist with lease renewals, if applicable.
• Lead all Building and Tenant Improvements, overseeing the team and third-party contractors (architect, engineer, general contractor) to ensure all protocols are adhered to for MOB buildings and tenants. Includes budget tracking, allowance draws, attending OAC meetings and through the lifecycle of the project.
• Execute company process standards for new development delivery to operations, including building finish standards, plan reviews, leading transition meetings with Design & Construction, Property Management and Engineering. Staffing of new developments, ensuring that all services are active and adheres to the Leases and PMLA. Tracking punch lists, commissioning meetings, etc. Establishing tenant relationships early on to ensure that tenant specific service compliance is in place.
• On a continuing basis, evaluate operating costs by monitoring each property’s performance and results against approved budgets, recommending and/or approving necessary adjustments to achieve the scheduled cash flow or asset value objectives.
• Review operating reports monthly for each property and ensure operating expense reconciliations are accurately prepared and oversee completion of periodic owners’ reports.
• Develop and maintain relationships with major tenants to demonstrate the Company’s commitment to “quality service,” quality facilities, and positive, prompt, and effective customer service.
• Responsible for creating strong internal and external relationships. Managing and enhancing hospital relationships within assigned portfolio, creating viable long-term partnerships.
• Providing support and knowledgeable information to our hospital partners; acting as the “go-to” resource and primary point of contact within Nex Core. Initiate creativity to develop solutions with the goal of consistently exceed expectations.
• Monitor responsiveness to tenant requests for services and general customer service and satisfaction.
• Supervise performance of direct reports providing feedback, evaluation, and recommendations for training and professional development.
• Establishes written goals and objectives for direct reports and conducts periodic formal and informal performance evaluations.
• Ensure compliance of Nex Core employment policies and address any personnel performance issues.
• Provide evaluation of Company policies, procedures, systems, and programs to effect continual improvement in relation to real estate management functions.

• Bachelors Degree in Finance, Real Estate, or related field - Required
• Real Estate License - Preferred

• 7+ years commercial real estate analysis and management – Required
• 7+ years managing people/teams of direct reports – Required
• 4+ years project management experience – acting as Landlord Representative

• Proficient in Microsoft Office Suite software
• Strong Commercial Real Estate financial acumen
• Analytical and organizational skills
• Strong verbal and written communication skills
• Client and tenant management

• Compensation: $120,000 - $125,000 / year
• Eligible for discretionary benefits: annual performance bonus target
• Eligible for standard employee…