Regional Real Estate Manager

Regional Real Estate Manager at Waterbury Hospital

This position oversees all of the real estate leases for all properties owned or overseen by the Organization. Leases consist of both physician and non-physician spaces. The role includes site assessments, inventory of items in spaces, appraisals, lease creation and execution. The position requires travel to facilities within the state.

• High School Diploma or GED equivalent
• Real estate license required
• Valid driver’s license and acceptable driving record

• At least five years of related work experience; seven to ten preferred, including appraising, purchasing, and selling properties as well as strong property management experience

• Knowledgeable of real estate accounting, including reconciling general ledger accounts, customer billing, preparation and completion of monthly financial reports; knowledgeable of leases and real estate management principles; knowledgeable of property risk management issues and activities and understanding building systems and operations
• Strong negotiation and communication skills using the English language, skilled in organizing resources and establishing priorities and highly proficient in Microsoft Word, Excel, Access and Outlook
• Reliable transportation to travel between multiple work sites to perform essential duties
• 24‑hour accountability for real estate property management

• Prepares annual property budgets including revenues and non‑salary expenses and makes recommendations for capital improvements during the budget cycle
• Acts as landlord for all rental properties establishing occupancy, setting market rates for rents, managing rental property costs and completing all related accounting activities for rental properties
• Adheres to all local and state fair housing laws, selects tenants, conducts credit checks on all tenant applications and achieves a 90% occupancy rate by proactively monitoring market conditions
• Manages all revenue and expense records including invoices, rent collection and financial reporting
• Coordinates IT capabilities for project locations working effectively with IT resources
• Property management for all locations with 24/7 accountability for operations, repairs, collecting rental payments, property upgrades, property sales and purchases
• Works closely with internal legal team, finance teams, town tax assessors, local appraisers, property owners and real estate agencies for management of all our properties under the Organization
• Ensures contractors/vendors provide work for the properties (e.g., break/fix, upgrades, repairs, landscaping, snow removal) and processes invoices/POs for payment