Senior Property Manager

MCB Real Estate ("MCB") is a privately held, fully integrated national real estate investment and development firm headquartered in Baltimore, Maryland. As a vertically integrated organization with in-house development, construction, and commercial property management capabilities, MCB is involved in every stage of the real estate investment lifecycle. MCB manages approximately $4 billion in real estate assets on behalf of a primarily institutional investor base.

MCB provides equal employment opportunities to all employees and applicants for employment and prohibits unlawful discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

Additionally, we are committed to fostering, cultivating, and preserving a culture of diversity, equity and inclusion. We embrace and encourage our employees’ differences in age, color, disability, ethnicity, family or marital status, gender identity or expression, language, national origin, physical and mental ability, political affiliation, race, religion, sexual orientation, socio-economic status, veteran status, and other characteristics that make our employees unique.

This employment practice applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

The Senior Property Manager is the senior-most property-level role within the division. This position is for experienced professionals who consistently demonstrate the judgment, technical expertise, and leadership necessary to independently manage the firm's most demanding property assignments. The Senior Property Manager is accountable for the financial performance, operational execution, physical condition, and tenant satisfaction of an assigned portfolio that may include office, retail, flex, and industrial assets.

Assignment to this role is based on demonstrated capability rather than portfolio size alone. Senior Property Managers are entrusted with properties and ownership groups requiring a high degree of independent decision-making, sophisticated financial and operational management, and the ability to navigate complex stakeholder relationships. Portfolios may include assets with institutional or third-party ownership, joint ventures, mixed-use developments, active redevelopment or lease-up, newly acquired properties, unique lease structures, or enhanced reporting and governance requirements.

However, no single asset characteristic defines the role; rather, the distinguishing factor is the level of professional expertise and judgment required to successfully manage the assignment.

The Senior Property Manager is expected to operate with a high degree of autonomy and to exercise independent judgment on matters a Property Manager may accelerate. The role serves as a subject matter resource to Property Managers and Assistant Property Managers across the division, and may include direct supervision of Assistant Property Managers or Property Coordinators where the team structure supports it.

• Develop and manage annual operating and capital budgets in partnership with Asset Management, and ensure alignment with ownership and client objectives.
• Confirm that annual CAM and NNN reconciliations are completed accurately and on schedule for the assigned portfolio, and participate in the process led by Lease Administration as needed, including resolution of tenant questions, disputes, and audit requests.
• Analyze monthly financial performance, explain variances against budget, and implement corrective action to meet revenue and expense targets.
• Review and approve payables within budget parameters, and identify spending trends that place the budget at risk before they become variances.
• Lead collections for the assigned portfolio, resolve escalated delinquencies directly with tenant decision makers, and manage default proceedings through resolution.
• Review real estate tax assessments, identify properties warranting appeal, and coordinate and assist with the appeal process under Asset Management direction, working with accounting and outside tax consultants where engaged.
• Prepare and present ownership and client reporting packages, including…