Property Manager

Are you self-motivated with a passion for customer service and looking to take your commercial property management skills to the next level? 

Look no further than Realty Income!  

Realty Income is looking to hire a seasoned Commercial Property Manager to join our team and take on the daily operations of our commercial properties. But that's not all - this role requires a true strategic leader who can develop and implement property-specific plans, manage budgets, and execute capital improvements. You will be the driving force behind ensuring our properties comply with all regulations, codes, and policies, and work closely with contractors and vendors to ensure timely and budget-friendly project completion.  

The responsibilities include, but are not limited to:

• Support occupancy goals by providing superior customer service and relationship management to achieve high renewal ratios.
• Develop and maintain effective relationships with clients (tenants).
• Investigate and resolve all complaints, disturbances, and violations.
• Ensure compliance with property management policies and procedures, codes, regulations, and governmental agency directives. Maintain compliance by ensuring all property records are maintained in accordance with all legal requirements and Company policies and/or practices.
• Navigate and update the company's ERP system (Yardi) for maintenance requests, preventative maintenance, vendor and client information, and key building data.
• Oversee property revenues and expenses, ensuring the budget and financial goals are met.
  • Ensure receivables and lease responsibilities are current, manage collections and defaults;
  • Oversee vendors and completion of work for maintenance requests;
  • Assist in creation and implementation of operating and capital budgets;
  • Establish and administer estimated/actual recoveries;
  • Manage operating expense reconciliations aligned with lease provisions;
  • Coordinate insurance requirements for properties and vendors;
  • Manage all property expense invoices.
• Coordinate clients move-in/out process in a timely and coordinated manner.
• Manage tenant improvement, including lease/title review, plan/scope, approvals, close-out documentation, and fund disbursement.
• Plan, schedule, and coordinate general maintenance, major repairs, and capital improvement projects.
  • Liaison between client and construction management;
  • Resolve property and customer related issues;
• Report property damage claims, complete restoration work, in partnership with clients and other parties.
• Ensure that goals and objectives are being met by anticipating and responding to changes or needs of other team members.
• Foster a positive work environment to provide for the professional growth and development of all employees.
• Other duties as assigned.

What we need from you:  

• Proficiency in Microsoft Office: (Excel, Word, Outlook, Teams, OneDrive), Adobe Acrobat and SharePoint.  Proficiency with Yardi a strong plus.
• Ability to identify and resolve problems in a timely manner, including gathering and analyzing information skillfully and developing alternative solutions.
• Able to prioritize and plan work activities and use time efficiently to meet and exceed productivity standards.
• Adaptable to changes in the work environment, delays, and unexpected events, and competing demands.
• Able to read, analyze, and interpret common technical documents, financial reports, and legal documents.
• It is expected to meet the requirements, a qualified candidate will have a bachelor’s degree in real estate or property management, or equivalent knowledge gained from work experience; in addition to at least 5 years of experience in commercial property management.

What You’ll get in Return:  

Realty Income, The Monthly Dividend Company®, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats® index. We invest in people and places to deliver dependable monthly dividends that increase over time. The company is structured as a real estate investment trust (“REIT”), and its monthly dividends are supported by the cash flow from over 15,000 real estate properties primarily owned under long-term net lease agreements with commercial clients. Realty Income has declared over 640 consecutive monthly dividends on its shares of common stock throughout its 55-year operating history and increased the dividend over 120 times since Realty Income’s public listing in 1994 (NYSE: O).  

Our purpose is to build enduring relationships and brighter financial futures. Among other benefits our employees enjoy: 

•              Competitive Salary including potential for bonus and stock awards. 
•              Best-in-class Benefit Package 
•              Collaborative, team-oriented environment 
•              Opportunities for Continuing Professional Development 

Additional information can be obtained from the corporate website at www.realtyincome.com. 

The base salary for this role is in the range of $67,442 - $118,848. You may be eligible for an annual discretionary bonus and an annual discretionary stock award, (dependent on date of hire) to be discussed during the initial phone interview. Base salary and total compensation package determined by the candidate's experience, knowledge, education, skills, performance, and abilities, as well as internal equity, company performance, and alignment with market data. Realty Income will be accepting application for this role until November 11, 2024. Should the company deem necessary, the application deadline may be extended without further notice. To apply please click the “Apply” button.

Most US based full-time and part-time roles come with flexible schedules. We offer a best-in-class benefits package that includes healthcare, dental, and vision insurance for employees and eligible dependents. Our 401(k)-retirement plan has a company match of 50% up to 6% of eligible compensation. Realty Income also offers other wellness, financial, and work/lifestyle-specific benefits, along with 12 PTO hours every month; in addition to 12 paid holidays, and paid volunteer time. Realty Income’s purpose is to build enduring relationships and brighter financial futures, and this starts with you!