BH Properties
Overview
BH Properties is a privately held commercial real estate investment firm focused on value-add acquisitions in office, industrial, retail, and multi-family properties throughout the Western United States. The Company owns and operates approximately 10 million square feet across 18 states, with offices in Los Angeles, San Francisco, Seattle, Riverside, Phoenix, Dallas, and Houston. The Company is able to acquire and close transactions quickly, supported by a 30-year track record and balanced finances.
Position The Asset Manager will be primarily responsible for overseeing the operations of assets in Dallas along with participating in future acquisitions the Company may be considering. The successful candidate will have worked in a principal-based environment with an investor acumen approach to maximizing cash flow and increasing value. Demonstrated experience in managing retail leasing teams and representing the Company in a front-facing role within the community is integral.
Location Dallas, TX (with potential travel to Austin, TX)
Reporting Executive Managing Director of Operations and President
Responsibilities
Maximize the total return through implementing operational efficiencies and identifying value-add and revenue enhancement strategies.
Work closely with third party property managers, leasing agents, brokers, consultants, and attorneys to provide direction for, and oversight of, business plans, annual budgets, lease analysis and approvals.
Actively participate in the negotiation of new leases and renewals both in-house and through third party leasing brokers.
Perform routine property inspections to ensure property and vacant suites are show-ready.
Maintain and expand relationships with existing tenants and develop relationships with new prospective tenants.
Prepare monthly, quarterly, and annual portfolio reporting for review by the company’s senior management team.
Negotiate third party contracts and oversee implementation of capital improvement and ‘value-add’ projects.
Work with the financial analyst staff to perform valuations on a quarterly and annual basis.
Manage the capital improvement strategies and processes, including oversight of construction management activities.
Perform ad-hoc analysis of potential issues while developing strategies to manage conflicts.
Monitor regional economic and investment trends to identify changes that could impact real estate values and strategy.
Work collaboratively with Company acquisition team members in evaluating potential investments and opportunities.
Knowledge / Skill Requirements
BA/BS degree in finance, real estate or related field with a strong record of academic achievement; graduate degree preferred.
7-10+ years of commercial real estate asset management, principal-based leasing, and related experience with a strong background in urban retail centers.
Experience in financial analysis, understanding of asset level financial statements, and experience in lease management and metrics for retail assets.
Knowledge of real estate accounting combined with strong analytical skills.
Knowledge of design and construction process.
Experience with Yardi, MS Office 365, MS Excel; Argus is a plus.
Highly organized, detail oriented, and able to manage multiple concurrent projects to achieve goals.
Comfortable in a collaborative team-oriented environment.
Exceptional communication and interpersonal skills.
Travel approximately 30%.
Compensation We offer an excellent compensation package along with a chance to grow and develop with a well-capitalized, privately held, entrepreneurial investment group. For immediate consideration please submit your resume with salary requirements. Resumes submitted with salary requirements will be considered a priority.
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Position The Asset Manager will be primarily responsible for overseeing the operations of assets in Dallas along with participating in future acquisitions the Company may be considering. The successful candidate will have worked in a principal-based environment with an investor acumen approach to maximizing cash flow and increasing value. Demonstrated experience in managing retail leasing teams and representing the Company in a front-facing role within the community is integral.
Location Dallas, TX (with potential travel to Austin, TX)
Reporting Executive Managing Director of Operations and President
Responsibilities
Maximize the total return through implementing operational efficiencies and identifying value-add and revenue enhancement strategies.
Work closely with third party property managers, leasing agents, brokers, consultants, and attorneys to provide direction for, and oversight of, business plans, annual budgets, lease analysis and approvals.
Actively participate in the negotiation of new leases and renewals both in-house and through third party leasing brokers.
Perform routine property inspections to ensure property and vacant suites are show-ready.
Maintain and expand relationships with existing tenants and develop relationships with new prospective tenants.
Prepare monthly, quarterly, and annual portfolio reporting for review by the company’s senior management team.
Negotiate third party contracts and oversee implementation of capital improvement and ‘value-add’ projects.
Work with the financial analyst staff to perform valuations on a quarterly and annual basis.
Manage the capital improvement strategies and processes, including oversight of construction management activities.
Perform ad-hoc analysis of potential issues while developing strategies to manage conflicts.
Monitor regional economic and investment trends to identify changes that could impact real estate values and strategy.
Work collaboratively with Company acquisition team members in evaluating potential investments and opportunities.
Knowledge / Skill Requirements
BA/BS degree in finance, real estate or related field with a strong record of academic achievement; graduate degree preferred.
7-10+ years of commercial real estate asset management, principal-based leasing, and related experience with a strong background in urban retail centers.
Experience in financial analysis, understanding of asset level financial statements, and experience in lease management and metrics for retail assets.
Knowledge of real estate accounting combined with strong analytical skills.
Knowledge of design and construction process.
Experience with Yardi, MS Office 365, MS Excel; Argus is a plus.
Highly organized, detail oriented, and able to manage multiple concurrent projects to achieve goals.
Comfortable in a collaborative team-oriented environment.
Exceptional communication and interpersonal skills.
Travel approximately 30%.
Compensation We offer an excellent compensation package along with a chance to grow and develop with a well-capitalized, privately held, entrepreneurial investment group. For immediate consideration please submit your resume with salary requirements. Resumes submitted with salary requirements will be considered a priority.
#J-18808-Ljbffr