What are the responsibilities and job description for the Real Estate Manager position at CBRE?
About the role
- Leads all aspects of a single property or portfolio of commercial, industrial or retail properties. Oversees all marketing, operations and financial activities.
What you’ll do
- Responds to tenant needs, ensuring that administrative and building technical staff resolve problems promptly. Ensures that services are provided in compliance with policies, procedures, regulations and contractual obligations and standards.
- Ensures regular property inspection. Recommends and/or approves alterations, maintenance and reconditioning as needed. Contracts for and supervises vendor services as required.
- At owner's discretion, markets and leases the property, qualifying and showing space to prospective tenants, and arranging new leases and lease renewals. Coordinates tenant move-ins and move-outs, and "walk-through" spaces with tenants and tenant improvement department.
- Acts as primary contact with property owners to ensure that objectives are being met. Prepare and deliver timely, accurate and complete reports.
- Develops and controls annual budgets for operating and capital expenses. Forecasts management plans and prepares monthly performance, explaining variances.
- Collects rent and pays expenses in concurrence with lease terms. Prepares all required legal notices and recommends/coordinates legal action as needed.
- Reviews and reconciles tenant rent and Common Area Maintenance (CAM) recovery charges.
- Arrange early terminations of leases and provide lease analysis for client's review/approval. Documents settlement of and notifies affected parties.
- Supports all property sales by running due diligence process and monitoring the activity of outside brokers.
- Develops business relationships through membership and participations in professional, industry/trade and civic organizations.
Supervisory responsibilities
Provides formal supervision to individual employees within single functional or operational area. Recommends staff recruitment, selection, promotion, advancement, corrective action and termination. Plans and monitors appropriate staffing levels and utilization of labor, including overtime. Mentors and coaches team members to further develop proficiencies. Leads by example and models behaviors that are consistent with the company's values.
What you’ll need
The requirements listed below are representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
Education and Experience
Bachelor's degree (BA/BS) from four-year college or university and a minimum of four to six years of similar experience and/or training.
Certificates and/or Licenses
Real estate license required; CPM or RPA professional designation or candidacy preferred.
Interpersonal skills
Excellent written and verbal skills; ability to efficiently present information. Strong interpersonal and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers as well as respond efficiently to critical issues.
Financial knowledge
Requires proficient knowledge of financial terms and principles. Ability to calculate intermediate figures such as percentages, discounts, and commissions. Conducts detailed financial analysis.
Reasoning ability
Ability to comprehend, analyze, and interpret detailed documents. Requires sophisticated analytical and quantitative skills.
Other Skills and Abilities
Intermediate to sophisticated skills with Microsoft Office Suite
Why CBRE?
- CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2022 revenue). We have approximately 115,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries!
- We offer a wide range of benefits including Health Insurance, Dental, Vision, 401k, company paid holidays and paid time off.
NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.
Salary : $93,600 - $119,000