Kite Realty Group
Regional Property Manager-Commercial Real Estate (Retail)
Kite Realty Group, Las Vegas, Nevada, us, 89105
Overview
Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN and one of the largest publicly traded owners and operators of open-air shopping centers and mixed-use assets. Publicly listed since 2004, KRG has nearly 60 years of experience in developing, constructing, and operating real estate. Job Summary
We currently have an exciting opportunity for a Regional Property Manager to join our western division team to be out of Las Vegas, NV office. This individual will be responsible for approximately 1.3 million square feet of portfolio in Nevada and Utah. Further, this position will have day-to-day responsibility for the net operating income performance of the portfolio; help develop strategies to maximize value of assets through expense reductions, leasing strategies as well as potential redevelopment and/or repositioning strategies; manage budgetary functions for portfolio; oversee/supervise internal and external maintenance personnel; and general operational responsibilities of portfolio that include managing property cash flow, marketing events, managing numerous vendors such as Landscapers, Maintenance, Security and Property Management individuals, managing temporary tenants, analyzing and making recommendations on tenant rent relief and tenant terminations. Key Responsibilities
Oversight for day-to-day property management functions through utilization of internal or external property management/maintenance resources. Prepare annual operating and capital expenditure budgets for each asset. Act as a liaison with leasing department on property level leasing matters, providing support as necessary to accomplish annual leasing goals at the property. Develop and execute annual business plan for each property to include expense reduction efforts (analysis of recovery, leakage and tenant CAM caps) and revenue enhancement strategies (ancillary income opportunities). Ensure each property meets branding standards, appearance, cleanliness, sight lines, and signage expectations. Understand tenant financials and key business decisions to improve the portfolio. Primary risk manager at the property level, interfacing with internal employees and legal and insurance carriers to monitor and reduce property-level risks. Stay abreast of trends within the real estate industry and retailer market, and understand issues impacting retailers. Qualifications
Bachelor's degree (B.A./B.S.) from a four-year college or university preferred; or equivalent experience of 7-10 years in commercial property management with a focus on multisite lifestyle, power and grocery-anchored centers. Experience managing mixed-use assets and working with associations highly desired. Previous supervisor/management experience required. Strong verbal and written communication to tenants; ability to create budgets, manage reports, and review documents such as lease terms, CAM reconciliations, insurance requirements, and other common commercial real estate documents. Proficiency in Microsoft Office (Outlook, Word, Excel, PowerPoint) and/or Mac OS. Training on MRI and Salesforce.com preferred. Ability to travel to properties in the portfolio for onsite visits and respond effectively to ongoing tenant and departmental needs. Strong financial skills, including analysis of tenant financial information, real estate investment return measures and valuation analysis. Ability to interact professionally with all levels of the organization, tenants, and customers. Understanding of core finance and accounting fundamentals related to property management; knowledge of leasing, marketing, construction, and all facets of property operation and building management. Not required but recommended: CSM, RPA, CPM and/or CCIM designations in commercial real estate. Travel will be required to the portfolio. Benefits
For all full-time roles, we provide progressive benefits in and out of the office including comprehensive medical, dental and vision insurance; paid disability benefits and parental leave; paid life insurance and voluntary coverage options for additional life, accident, and critical illness insurance; 401(K) matching contributions; competitive paid time off, including Volunteer Time Off; flexible work arrangements; and tuition reimbursement assistance. Other office perks include a “Dress for your Day” policy, collaborative workspaces, milestone service anniversary recognition and gift, stocked wellness fridge pantry, and free fitness center and parking in our corporate office. In addition, to enhance the well-being of our team, KRG sponsors annual flu shots and biometric screenings, facilitates various health and wellness lunch-and-learns and manages a monthly wellness education campaign. Job Details
Seniority level: Director Employment type: Full-time Job function: Sales and Management
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Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN and one of the largest publicly traded owners and operators of open-air shopping centers and mixed-use assets. Publicly listed since 2004, KRG has nearly 60 years of experience in developing, constructing, and operating real estate. Job Summary
We currently have an exciting opportunity for a Regional Property Manager to join our western division team to be out of Las Vegas, NV office. This individual will be responsible for approximately 1.3 million square feet of portfolio in Nevada and Utah. Further, this position will have day-to-day responsibility for the net operating income performance of the portfolio; help develop strategies to maximize value of assets through expense reductions, leasing strategies as well as potential redevelopment and/or repositioning strategies; manage budgetary functions for portfolio; oversee/supervise internal and external maintenance personnel; and general operational responsibilities of portfolio that include managing property cash flow, marketing events, managing numerous vendors such as Landscapers, Maintenance, Security and Property Management individuals, managing temporary tenants, analyzing and making recommendations on tenant rent relief and tenant terminations. Key Responsibilities
Oversight for day-to-day property management functions through utilization of internal or external property management/maintenance resources. Prepare annual operating and capital expenditure budgets for each asset. Act as a liaison with leasing department on property level leasing matters, providing support as necessary to accomplish annual leasing goals at the property. Develop and execute annual business plan for each property to include expense reduction efforts (analysis of recovery, leakage and tenant CAM caps) and revenue enhancement strategies (ancillary income opportunities). Ensure each property meets branding standards, appearance, cleanliness, sight lines, and signage expectations. Understand tenant financials and key business decisions to improve the portfolio. Primary risk manager at the property level, interfacing with internal employees and legal and insurance carriers to monitor and reduce property-level risks. Stay abreast of trends within the real estate industry and retailer market, and understand issues impacting retailers. Qualifications
Bachelor's degree (B.A./B.S.) from a four-year college or university preferred; or equivalent experience of 7-10 years in commercial property management with a focus on multisite lifestyle, power and grocery-anchored centers. Experience managing mixed-use assets and working with associations highly desired. Previous supervisor/management experience required. Strong verbal and written communication to tenants; ability to create budgets, manage reports, and review documents such as lease terms, CAM reconciliations, insurance requirements, and other common commercial real estate documents. Proficiency in Microsoft Office (Outlook, Word, Excel, PowerPoint) and/or Mac OS. Training on MRI and Salesforce.com preferred. Ability to travel to properties in the portfolio for onsite visits and respond effectively to ongoing tenant and departmental needs. Strong financial skills, including analysis of tenant financial information, real estate investment return measures and valuation analysis. Ability to interact professionally with all levels of the organization, tenants, and customers. Understanding of core finance and accounting fundamentals related to property management; knowledge of leasing, marketing, construction, and all facets of property operation and building management. Not required but recommended: CSM, RPA, CPM and/or CCIM designations in commercial real estate. Travel will be required to the portfolio. Benefits
For all full-time roles, we provide progressive benefits in and out of the office including comprehensive medical, dental and vision insurance; paid disability benefits and parental leave; paid life insurance and voluntary coverage options for additional life, accident, and critical illness insurance; 401(K) matching contributions; competitive paid time off, including Volunteer Time Off; flexible work arrangements; and tuition reimbursement assistance. Other office perks include a “Dress for your Day” policy, collaborative workspaces, milestone service anniversary recognition and gift, stocked wellness fridge pantry, and free fitness center and parking in our corporate office. In addition, to enhance the well-being of our team, KRG sponsors annual flu shots and biometric screenings, facilitates various health and wellness lunch-and-learns and manages a monthly wellness education campaign. Job Details
Seniority level: Director Employment type: Full-time Job function: Sales and Management
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