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Manager, Residential Senior Property

Newmark Group Inc.Morristown, NJ

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Overview

Schedule
Full-time
Career level
Director
Remote
On-site
Benefits
Career Development
Tuition/Education Assistance

Job Description

Job Description:

Responsible for the development and implementation of policies, procedures and programs that will assure a well-managed, well-maintained building, placing maximum emphasis on positive response to the concerns and needs of the tenants, environmental health and safety, and quality programs, in coordination in conjunction with the owner's goals and objectives.

Essential Job Duties:

  • Assist in solidifying positive relationship with owner by being proactive and responsive to owners' needs and requests.
  • Assist senior management in understanding and working with the client to determine the goals and objective for the performance of the real estate assets. Assist Vice President and Portfolio Manager in developing and implementing recommendations to position the property to achieve the highest value consistent with the owner's objective.
  • Prepare and report information in a timely fashion to designated staff as set forth by Newmark and the property owners.
  • Create and develop upgrades to services being provided by the company in an effort to exceed client expectations.
  • Develop and implement staffing plans and job descriptions as required for assigned sites and promote continuous education for all on-site personnel.
  • Bottom line responsibility for the preparation, presentation and content of the annual operating budget and monthly financial reporting package.
  • Establish goals and objectives for the performance of the on-site staff in meeting set goals and objectives in a timely and efficient manner. Prepare employee evaluations and make promotion and compensation recommendations.
  • Develop a resource plan with overall accountability for delivering a completed project, meeting customer requirements, within set budgets and schedules.
  • Prepare lease abstracts and, in some cases, may have final approval authority of all lease abstracts and final document output.
  • Review specifications prepared for service contracts. Responsible for selection and final award of contract services, vendor negotiation of service agreements and the overall monitoring of vendor performance to assure full compliance with standards established within the service agreement.
  • Review and approval of payables and receivables as prepared at the site level.
  • Review and supervise all accounting output as prepared by the accounting department as required by the property.
  • Weekly visits to sites to review policies and procedures, personnel performance, and approving invoices requiring signature. Quarterly inspections of all properties contained within the portfolio.
  • Responsible for short and long range planning for all properties assigned.
  • Ensure that all fire, life safety and other safety programs are established and followed in conjunction with the Environmental Health and Safety Act.
  • Maintain a positive image in performing daily work both internally and externally.
  • May perform other duties as assigned

Other Job Functions:

  • Responsible for providing input to proposal efforts with the senior management.
  • Work with management to develop and implement outstanding service programs for clients and tenants within portfolio.
  • Work closely with management to ensure the property(s) succeeds as a profit center or expense control for ownership.
  • May be required to conduct market surveys, recommend pricing, develop marketing programs, and establish broker rapport in support of leasing objectives.

Skills, Education and Experience:

  • Bachelor's Degree in business or related field. RPA and CCIM or CPM certification preferred.
  • Minimum of 8 years' experience in property operations.
  • Knowledge in all aspects of business including leasing and construction management.
  • Must have been responsible for a portfolio of three or more projects with direct reports.
  • A valid real estate license is required in states where work is performed
  • May perform other duties as assigned
  • Bilingual English/Spanish communication skills preferred

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FAQs About Manager, Residential Senior Property Jobs at Newmark Group Inc.

What is the work location for this position at Newmark Group Inc.?
This job at Newmark Group Inc. is located in Morristown, NJ, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Newmark Group Inc.?
Employer has not shared pay details for this role.
What employment applies to this position at Newmark Group Inc.?
Newmark Group Inc. lists this role as a Full-time position.
What experience level is required for this role at Newmark Group Inc.?
Newmark Group Inc. is looking for a candidate with "Director" experience level.
What benefits are offered by Newmark Group Inc. for this role?
Newmark Group Inc. offers following benefits: Career Development and Tuition/Education Assistance for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Newmark Group Inc.?
You can apply for this role at Newmark Group Inc. either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.