Bellwether Housing
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Commercial Real Estate Manager
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Bellwether Housing Position overview and responsibilities Overview
The Commercial Real Estate Manager is responsible for the operations of a portfolio of commercial spaces and condo associations located within Bellwether Housing-owned affordable multi-family properties. This role works in collaboration with the residential management of the buildings and requires ongoing communication with tenants, fiscal oversight, including income maximization and expense control, and preparing budgets and monthly financial analysis. The manager ensures compliance with applicable laws and maintains high standards of customer service to partners, commercial tenants, and staff. This role is a key member of the Operations Leadership team and emphasizes transparent communication, compassion, and inclusive leadership. Work environment and schedule
Work schedule: Hybrid, 3 days onsite. Monday – Friday, 8:30 am – 5:00 pm. Final schedule determined by the supervisor. Your impact
Commercial Management Manage commercial leases, maintain excellent communication with tenants, and enforce lease terms. Perform regular inspections of properties, recommend and direct alterations, maintenance, and reconditioning of properties as necessary. Oversee the timely collection of rent, payment of expenses, compliance with lease terms, and preparation of all required legal notices. Manage relationships with brokers to list vacant commercial space, adjusting marketing and listings as necessary to generate interest. Review LOIs and conduct reviews of business plans and financials to ensure the financial solvency of the proposed tenant and make recommendations to Leadership. Negotiate lease terms for new tenants and draft the leases for execution. Coordinate tenants' move-ins and move-outs and conduct walk-throughs with tenants and the tenant improvement department. Administer lease terms for all tenants, including notifications of upcoming lease termination dates and collection of insurance documents. Establish CAM charges for each building and oversee CAM billing and annual reconciliation. Develop and control annual budgets for operating and capital expenses. Forecast management plans and prepare monthly performance reports with variance explanations. Collaborate with Asset Management on property tax appeals. Act as primary liaison with the Association Board of Directors as needed, representing Bellwether in dual roles as management agent and Condo board partner. Provide and/or oversee recommendations to the Association Board of Directors regarding major capital expenditures as required to maintain community appearance and operation. Perform/direct administrative and management duties as requested by the Board of Directors and in accordance with the management agreement. Coordinate and facilitate Board meetings per the management agreement and community events, preparing board packages on established timelines. Ensure the Board is aware of legal actions involving the Association. Understand condo bylaws and review condo billings for accuracy. Review quarterly financial reports and ensure invoicing is submitted to the association's Board of Directors. Maintain excellent communications with condo owners and tenants. Collaborate with residential Regional Managers, Maintenance Managers, Asset Management, and Property Managers to keep commercial tenants informed of building activity. Conduct monthly financial reviews with Asset Management and quarterly internal reviews with directors. Collaborate with the Maintenance department to ensure units are ready for new tenant move-ins and meet Bellwether standards. Research, qualify, and contract with vendors for maintenance projects or other building improvements beyond the scope of Bellwether Maintenance staff; manage contracted services to completion. Collaborate with Maintenance and Asset Management to identify, plan, and implement capital projects and propose projects annually at budget time based on CNAs, energy-efficiency audits, and building inspections. Collaborate with Finance to ensure timely invoicing and payments for condo associations. Provide property management expertise to the Real Estate Development team in due diligence for property acquisition and in the functional design of new construction and rehabilitation projects. Participate in a Property Management Leadership team to troubleshoot problems and suggest procedural improvements. Represent Bellwether in local associations or stakeholder groups, reporting back to PM leaders on concerns and initiatives. Promote Bellwether values of respect, integrity, community, and excellence; foster a culture of trust, mutual support, and accountability. Cultivate an inclusive work environment and collaborate with Bellwether coworkers to learn and apply lessons learned. Qualifications
Who You Are Minimum Requirements BA Degree (years of experience may be substituted for education). Minimum of 5 years’ successful experience as a Commercial Property Manager for an owner or 3rd party agent. Excellent written and verbal communication skills; ability to communicate clearly and concisely. Highly organized with strong attention to detail and the ability to take initiative on projects. Ability to analyze and interpret operating budgets, leases, and related documents. Hands-on understanding of property management systems and processes. Strong market analysis and financial skills; ability to apply financial modeling techniques for real estate decisions. Strong negotiation skills and experience in closing transactions. Understanding of standard financial statements and tenant creditworthiness assessment. Ability to interface with leasing brokers and conduct walk-throughs, inspections, and site management. Organized, task-oriented, and able to work in a fast-paced, team-oriented environment with multiple deadlines. Ability to draft detailed notes and communicate with tenants, vendors, and contractors; present information clearly. Excellent critical thinking, discretion, and confidentiality. Exceptional customer service, problem-solving, and quick, tactful responses to requests. Collaborative leadership style and effective team-building skills. Proficient in Microsoft Office (Excel, Word, Outlook). Knowledge of local, state, and federal fair housing and landlord/tenant laws. Desired Qualifications Proficiency with property management systems such as Yardi. Real estate broker’s license in Washington state with experience listing commercial spaces. Other position requirements
A personal vehicle is not required, but if using one, must have a valid Washington State Driver’s License, appropriate auto insurance, and a safe driving record. What We Offer
Bellwether Housing offers compensation and a benefits package designed to support growth, empowerment, and purpose. You will receive: Competitive compensation with a generous benefits package. Medical, dental, and vision insurance. A 403(b) retirement plan with employer match. Up to $1,500 per year for continuing education funded by the employer. ORCA transit pass. Up to 24 paid days off in the first year, prorated personal days renewed annually, and 8 paid office closure days. The opportunity to contribute to a transformative mission and make a difference in the communities served. Note: This role requires successful completion of a background check in accordance with Seattle’s Fair Chance Employment Ordinance. Bellwether Housing is an equal opportunity employer. We do not discriminate based on 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 law. We support reasonable accommodations under the Americans with Disabilities Act (ADA) for qualified applicants and employees. To request accommodation for the application or interview process, contact recruiting@bellwetherhousing.org. Bellwether Housing is committed to diversity, equity, and inclusion. Learn more about our DEI work on our website.
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Commercial Real Estate Manager
role at
Bellwether Housing Position overview and responsibilities Overview
The Commercial Real Estate Manager is responsible for the operations of a portfolio of commercial spaces and condo associations located within Bellwether Housing-owned affordable multi-family properties. This role works in collaboration with the residential management of the buildings and requires ongoing communication with tenants, fiscal oversight, including income maximization and expense control, and preparing budgets and monthly financial analysis. The manager ensures compliance with applicable laws and maintains high standards of customer service to partners, commercial tenants, and staff. This role is a key member of the Operations Leadership team and emphasizes transparent communication, compassion, and inclusive leadership. Work environment and schedule
Work schedule: Hybrid, 3 days onsite. Monday – Friday, 8:30 am – 5:00 pm. Final schedule determined by the supervisor. Your impact
Commercial Management Manage commercial leases, maintain excellent communication with tenants, and enforce lease terms. Perform regular inspections of properties, recommend and direct alterations, maintenance, and reconditioning of properties as necessary. Oversee the timely collection of rent, payment of expenses, compliance with lease terms, and preparation of all required legal notices. Manage relationships with brokers to list vacant commercial space, adjusting marketing and listings as necessary to generate interest. Review LOIs and conduct reviews of business plans and financials to ensure the financial solvency of the proposed tenant and make recommendations to Leadership. Negotiate lease terms for new tenants and draft the leases for execution. Coordinate tenants' move-ins and move-outs and conduct walk-throughs with tenants and the tenant improvement department. Administer lease terms for all tenants, including notifications of upcoming lease termination dates and collection of insurance documents. Establish CAM charges for each building and oversee CAM billing and annual reconciliation. Develop and control annual budgets for operating and capital expenses. Forecast management plans and prepare monthly performance reports with variance explanations. Collaborate with Asset Management on property tax appeals. Act as primary liaison with the Association Board of Directors as needed, representing Bellwether in dual roles as management agent and Condo board partner. Provide and/or oversee recommendations to the Association Board of Directors regarding major capital expenditures as required to maintain community appearance and operation. Perform/direct administrative and management duties as requested by the Board of Directors and in accordance with the management agreement. Coordinate and facilitate Board meetings per the management agreement and community events, preparing board packages on established timelines. Ensure the Board is aware of legal actions involving the Association. Understand condo bylaws and review condo billings for accuracy. Review quarterly financial reports and ensure invoicing is submitted to the association's Board of Directors. Maintain excellent communications with condo owners and tenants. Collaborate with residential Regional Managers, Maintenance Managers, Asset Management, and Property Managers to keep commercial tenants informed of building activity. Conduct monthly financial reviews with Asset Management and quarterly internal reviews with directors. Collaborate with the Maintenance department to ensure units are ready for new tenant move-ins and meet Bellwether standards. Research, qualify, and contract with vendors for maintenance projects or other building improvements beyond the scope of Bellwether Maintenance staff; manage contracted services to completion. Collaborate with Maintenance and Asset Management to identify, plan, and implement capital projects and propose projects annually at budget time based on CNAs, energy-efficiency audits, and building inspections. Collaborate with Finance to ensure timely invoicing and payments for condo associations. Provide property management expertise to the Real Estate Development team in due diligence for property acquisition and in the functional design of new construction and rehabilitation projects. Participate in a Property Management Leadership team to troubleshoot problems and suggest procedural improvements. Represent Bellwether in local associations or stakeholder groups, reporting back to PM leaders on concerns and initiatives. Promote Bellwether values of respect, integrity, community, and excellence; foster a culture of trust, mutual support, and accountability. Cultivate an inclusive work environment and collaborate with Bellwether coworkers to learn and apply lessons learned. Qualifications
Who You Are Minimum Requirements BA Degree (years of experience may be substituted for education). Minimum of 5 years’ successful experience as a Commercial Property Manager for an owner or 3rd party agent. Excellent written and verbal communication skills; ability to communicate clearly and concisely. Highly organized with strong attention to detail and the ability to take initiative on projects. Ability to analyze and interpret operating budgets, leases, and related documents. Hands-on understanding of property management systems and processes. Strong market analysis and financial skills; ability to apply financial modeling techniques for real estate decisions. Strong negotiation skills and experience in closing transactions. Understanding of standard financial statements and tenant creditworthiness assessment. Ability to interface with leasing brokers and conduct walk-throughs, inspections, and site management. Organized, task-oriented, and able to work in a fast-paced, team-oriented environment with multiple deadlines. Ability to draft detailed notes and communicate with tenants, vendors, and contractors; present information clearly. Excellent critical thinking, discretion, and confidentiality. Exceptional customer service, problem-solving, and quick, tactful responses to requests. Collaborative leadership style and effective team-building skills. Proficient in Microsoft Office (Excel, Word, Outlook). Knowledge of local, state, and federal fair housing and landlord/tenant laws. Desired Qualifications Proficiency with property management systems such as Yardi. Real estate broker’s license in Washington state with experience listing commercial spaces. Other position requirements
A personal vehicle is not required, but if using one, must have a valid Washington State Driver’s License, appropriate auto insurance, and a safe driving record. What We Offer
Bellwether Housing offers compensation and a benefits package designed to support growth, empowerment, and purpose. You will receive: Competitive compensation with a generous benefits package. Medical, dental, and vision insurance. A 403(b) retirement plan with employer match. Up to $1,500 per year for continuing education funded by the employer. ORCA transit pass. Up to 24 paid days off in the first year, prorated personal days renewed annually, and 8 paid office closure days. The opportunity to contribute to a transformative mission and make a difference in the communities served. Note: This role requires successful completion of a background check in accordance with Seattle’s Fair Chance Employment Ordinance. Bellwether Housing is an equal opportunity employer. We do not discriminate based on 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 law. We support reasonable accommodations under the Americans with Disabilities Act (ADA) for qualified applicants and employees. To request accommodation for the application or interview process, contact recruiting@bellwetherhousing.org. Bellwether Housing is committed to diversity, equity, and inclusion. Learn more about our DEI work on our website.
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