Bozzuto Group Commercial Property Manager in Newark, New Jersey

Commercial Property Manager

Tracking Code

222543-984

Job Description

Bozzuto is seeking a dynamic, hospitality focused Commercial Property Manager with retail management experience for an urban mixed use community. The ideal candidate leads with passion that inspires her or his team to deliver a customer experience unparalleled in the market. The Commercial Property acts as the “Mayor” of the asset and to that end facilitates operational excellence (including but not limited to the direction of the day-to-day activities of loss prevention, risk management, marketing, safety/security, maintenance, landscaping, snow removal and tenant build-out). This candidate is an inspirational leader of people and delivers bottom line results with pride and precision.

Financial:

  • Full financial responsibility for assigned mixed-use asset including but not limited to: budgeting, reforecasting, and achieving and/or exceeding net operating income.

  • Preparation and timely submission to owners of monthly consolidated, residential and retail operational reports, variance and trends reports and narrative reports as requested by ownership.

  • Expert understanding of management contract and various lease terms, residential, commercial and retail. Ensures compliance with lease requirements including operating requirements, hours of operation and use clauses.

  • Assure the proper set up and termination of leases, the proper management of payables and receivables and the timely calculation, billing and receipt of operating expense escalations and CAM recoveries.

  • Ensures effective cost control and profitability for mixed-use asset. Identifies problem areas and proactively works to improve performance .

  • Manages rent collection process, tracks aged receivables and works with lease administration to implement aged receivables process.

  • Risk Management to include monitoring and managing property, tenant and vendor insurance requirements; claims processing; building security and preventative maintenance, life safety policies and employee safety, OSHA, crime statistics.

Leadership:

  • Hires and retains the best industry talent.

  • Inspires team to effectively execute sales, marketing, and operational activities that yield desired occupancy and customer retention goals.

  • Establishes and maintains a pro-active approach to employee motivation, training and development.

  • Cultivates and maintains strong, loyal relationships with all constituents - owners, residents, employees and vendors.

  • Is an expert in competitive marketplace and effectively coaches’ team to proficiency in differentiating the community from competition.

Marketing and Brand Management:

  • Coordinates with Retail Marketing to insure that all programs are consistently innovative, targeted and effective, the budget well prepared and executed, graphic quality and consistency maintained and true to the branding and vision of the asset.

  • Creates a residential operating environment that assures consistent guest excellence.

  • Ensures community is a destination for those seeking luxury apartment living and/or green living options.

  • Maintains a high quality exterior environment that provides best in class property management standards designed to create a sense of place, enhance both the resident and retail customer experience and exceed its expectations.

  • Ensures first class standards are met and/or exceeded for retail space (i.e.: signage, visual displays, lighting, and windows).

  • Coordinates with Retail Marketing to insure that all programs are consistently innovative, targeted and effective, the budget well prepared and executed, graphic quality and consistency maintained and true to the branding and vision of the asset. Works with Retail Marketing to develop and manage marketing and advertising programs at the center.

  • Maintains a positive relationship with the local community. Has good working knowledge of political and regulatory changes that may impact center operations. Takes corrective action and informs others as needed.

  • Finds ways to leverage LEED certifications.

Required Experience

  • BA/BS Degree.

  • 7-10 years of exemplary staff management experience in a mixed-use environment.

  • Hands-on management experience in the luxury hotel or property management industry.

  • Demonstrated career progression and a successful track record of achieving desired results.

  • Pro-active leadership style.

  • Strong financial aptitude, financial reporting and revenue management experience.

  • Strong attention to detail.

  • Entrepreneurial spirit.

  • Ability to effectively and appropriately interact with all levels of management.

  • Project Management skills and ability to manage multiple tasks/projects.

  • Knowledge of property management software systems; preferably Yardi.

  • Previous experience with originating, maintaining, and meeting an annual budget.

Bozzuto's mission is to create the best possible living environment for our customers and to do so in a way that creates community and respects the world in which we live. From the very beginning, our success has been built around our four core values:

  • Concern - for the communities we touch.

  • Creativity - in everything we do.

  • Passion - in our approach to business.

  • Perfection - as a goal worth pursuing.

Supporting these values is a set of beliefs or practices that guide us in how we do business and conduct ourselves on a daily basis.

We are proud to be an Equal Opportunity Employer EOE/M/F/D/V

Job Location

Newark, New Jersey, United States

Position Type

Full-Time/Regular

Property

Hahne & Co