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. Coordinates all marketing, operations and financial activities. We have listed additional information below! We encourage all to apply!
What you'll do
Responds to tenant needs, ensuring that administrative and building technical staff resolve problems promptly. Ensures that services are provided by following policies, procedures, regulations and contractual obligations and standards.
Ensures periodic regular property inspection. Recommends and/or approves alterations, maintenance and reconditioning as needed. Contracts for and coordinates vendor services as the need arises.
At owner's discretion, markets and leases the property, qualifying and showing space to prospective tenants, and working up new leases and lease renewals. Coordinates tenant move-ins and move-outs, "walk-through" spaces with tenants and tenant improvement department, and acts as primary contact with property owners to ensure that objectives are being met and prepares 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 compliance with lease terms. Prepares all required legal notices. Recommends and coordinates legal action as the need arises. Reviews and reconciles tenant rent and Common Area Maintenance (CAM) recovery charges.
Negotiates early terminations of leases. Provides lease analysis for client's review and approval. Documents settlement of and notifies affected parties.
This position will support all property sales by coordinating due diligence process and coordinating with outside brokers.
We develop business relationships through membership and participations in professional, industry/trade and civic organizations.
Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future
What you'll need
- To perform this job efficiently, an individual should perform each essential duty satisfactorily. 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 role.
- Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
Bachelor's degree (BA/BS) from four-year college or university and a minimum of four to six years of related experience and/or training.
Real estate license required, and CPM or RPA professional designation or candidacy preferred.
Requires advanced knowledge of financial terms and principles and conducts high level financial analysis. Ability to calculate intermediate figures such as percentages, discounts, and commissions.
Ability to comprehend, analyze, and interpret complex documents. Ability to handle problems involving several options in situations. Requires high level analytical and quantitative skills. Intermediate to expert skills with Microsoft Office Suite
Decisions made with detailed understanding of procedures, company policies, and business practices to achieve general results. Responsible for setting work unit and/or project timeframes. Errors in judgment may cause short-term impact to department.
Why CBRE?
- At CBRE, we pride ourselves on our RISE values of Respect, integrity, Service and Excellence. We are the global leader in commercial real estate services and investment. This role will provide the following benefits: 401(K), Dental insurance, Health insurance, Life insurance, and Vision insurance.
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.