Property Manager Information

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CommonWealth REIT

CommonWealth REIT is a real estate investment trust, or REIT, which primarily owns office and industrial buildings located throughout the United States. The majority of our properties are office buildings located in suburban areas and central business districts, or CBDs, of major metropolitan markets.CWH was founded in 1986 and went public on the New York Stock Exchange as a REIT that owned healthcare related properties. In the 1990’s we transformed into an office REIT by selling healthcare a... Read More

Address	CommonWealth REIT Two Newton Place 255 Washington Street Newton, MA 02458-1634
Website	www.cwhreit.com/
Holding	No Holding Details

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Property Manager

Responsibilities

Building Operations

·         Maintain and develop written standard operating procedures for building operations.

·         Ensure that mechanical/electrical system maintenance is being performed

·         Life Safety issues including proper training of building staff and a written record of all testing and alarm activations.

·         Follow Risk Management guidelines as defined by RMR’s Director of Risk Management.

·         Ensure that tenant services are provided according to all lease documents

·         Oversee all construction/tenant improvements (including proper documentation).

·         Oversee all contracts/vendors (including proper documentation).

·         Implement energy management program and monitor utility usage.

·         Supervise, train and motivate building staff.

·         Interface with brokerage agent.

·         Work with the Area Manager to establish tenant relations and retention programs that are well planned and measurable.

·         Build and foster tenant relationships through frequent, in-person interactions.

·         Assist Area Manager in the negotiation lease renewals, extensions and expansions, and resolve issues with existing tenants.

·         Develop orderly system for lease, vendor and project files.

Tenant Construction Process

·         Coordinate all construction work and its impact on the property.

·         Review and approve all construction documents and specifications.

·         Attend or designate an attendee to all construction meetings.

·         Monitor construction project progress including project close-out, finish dates, move-in dates, budget close-out.

·         Maintain summary file to include, bids, permit, Certificate of Occupancy, correspondence.

·         Maintain a full set of as-built building drawings and specifications.

·         Set-up and close-out Job Cost process.

Building Management Office Procedures

·         Ensure efficient, courteous and professional day-to-day operation of the management office which includes:

·         Authorization processes

·         Correspondence and filing systems

·         Purchase of goods and services

·         General office operating procedures

·         Receivables/income/expense

·         Service/Maintenance requests

·         Specifications and bidding process

·         Tenant servicing/relations

Financial

·         Responsible for all aspects of the financial stability of the property including maintaining budgets, yields, and the following:

·         Budget-to-actual reports

·         Accruals

·         Review of recurring charges/miscellaneous billings/AP approval

·         Review of rent roll for accuracy

·         Interaction with accounting

·         Quarterly Asset Report/Quarterly Reforecast

·         Budget preparation

·         Capital Planning and oversight of building improvements

·         Job-cost system organization

Requirements

·         Bachelor’s degree.

·         Four to eight years’ experience in commercial real estate.

·         RPA or CPM designations a plus.

·         Strong proficiency with Property Management/Accounting Software (preferably Yardi), Excel and other Windows applications.

·         Previous supervisory experience.

·         Strong communication skills, both verbal and written, are essential.

·         Excellent client service orientation.

·         Exceptional organizational skills and verbal and written communication skills.

·         Ability to work in a fast-paced, collaborative and results driven environment.

Other Job Information

Vacancy type:	Full Time	Contact Mode:	not provided
Fax:	+1-617-3322261	Contact Name:	not provided
Job Duration:	not provided	Phone:	+1-617-3323990
Email:	hr@cwhreit.com