Associate Real Estate Manager

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CBRE is looking for an Associate Real Estate Manager for our property, The Bloc in downtown Los Angeles. Commute by train to the metro hub at the property or enjoy free parking.

This position provides exposure to all facets of Property Management including office, hospitality, retail and parking management.

The Bloc is a vibrant, open-air urban center, a growing, inclusive community, a LEED™ certified Gold project, an inflection point in the heart of downtown Los Angeles. Encompassing a full city block along LA’s iconic 7th Street corridor, The Bloc connects the financial, fashion, jewelry, and theater districts – and the 7th Street Metro Center Station, where four DTLA lines converge. Offering a diverse mix of thoughtfully curated shops, artisans, premier retailers including a Macy’s flagship store, restaurants, bars, open-air green space, and entertainment, The Bloc is also home to the Sheraton Grand Los Angeles Hotel, Alamo Drafthouse Cinema, and a 722,000 square-foot, creative-focused office tower. An array of events from live music, dance, and theater performances to art installations, fitness classes, and food and drink tastings welcomes Angelenos and visitors from all walks of life – and anyone seeking inspiration, community, and connection.

JOB SUMMARY

Responsible to work with the Real Estate Manager or higher staff in managing all aspects of a single property or portfolio of commercial, industrial or retail properties including marketing, operations and financial activities in accordance with the real estate management agreements and CBRE policies

ESSENTIAL DUTIES AND RESPONSIBILITIES

Using independent discretion, responds to tenant needs, ensuring that administrative and building technical staff resolve problems promptly and/or contracts for vendor services as required. Ensures that services are provided in compliance with policies, procedures, regulations and contractual obligations and standards.

Performs periodic regular property inspections. Based on independent review and assessment, recommends to clients and/or approves on client's behalf the alterations, maintenance and reconditioning as necessary. Contracts for and supervises vendor services as required.

Manages and gives approvals for accurate payment of vendor invoices on behalf of the property owner in compliance with the management agreement and CBRE policies

Manages the preparation of and gives approvals on accurate tenant billings.

At owner's discretion, markets the property, showing space to prospective tenants. Coordinates tenant move-ins and move-outs, and walks-through spaces with tenants and tenant improvement department.

Acts as key contact with property owners to ensure that objectives as being met. Prepares and delivers timely, accurate and complete reports.

Develops and controls annual budgets for operating and capital expenses based on operating knowledge of the property/portfolio. Forecasts management plans and prepares monthly performance, explaining variances.

Collects rent and pays expenses in compliance with lease terms. Obtains account receivable aging reports and independently initiates procedures to address tenant delinquencies. Prepares all required legal notices. Recommends and coordinates legal action as necessary.

Develops business relationships through membership and participations in professional, industry/trade and civic organizations.

Execute all areas defined as part of the Real Estate Manager job description duties in the absence of the Real Estate Manager.

Performs other duties as assigned.

SUPERVISORY RESPONSIBILITIES

May directly supervise employees and/or indirectly supervise employees in the absence of REM. Provides oversight of the work of vendors and contractors who are performing services at the properties. Provides informal assistance such as operational guidance, and/or training to coworkers. May coordinate and assign tasks to co-workers within a work unit and/or project.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and EXPERIENCE

Bachelor's degree (BA/BS) from four-year college or university and a minimum of two to four years of related experience and/or training.

CERTIFICATES and/or LICENSES

Real Estate Salesperson license.

COMMUNICATION SKILLS

Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.

FINANCIAL KNOWLEDGE

Requires knowledge of financial terms and principles. Ability to calculate intermediate figures such as percentages, discounts, and/or commissions. Conducts basic financial analysis.

REASONING ABILITY

Ability to comprehend, analyze, and interpret documents. Ability to solve problems involving several options in situations. Requires intermediate analytical and quantitative skills.

OTHER SKILLS and ABILITIES

Intermediate to advanced skills with Microsoft Office Suite

SCOPE OF RESPONSIBILITY

Decisions made with understanding of procedures and company policies to achieve set results and deadlines. Responsible for setting own project deadlines. Errors in judgment may cause short-term impact to co-workers and supervisor.

SAFETY

Responsible for personal safety and the safety of those who are affected by your work. This includes but is not limited to:

1. Complete all required and assigned HSE training at a satisfactory level,

2. Follow all activity policies and procedures, including all HSE-related requirements at all times,

3. Participate in all HSE-related programs & activities as required, including incident investigations, interviews, auditing and assessment, etc.

4. Report any conditions which you feel could result in an accident or injury and / or stop work if required.

US Company Profile

About CBRE (NYSE: CBRE): At CBRE, you are empowered to take your career path into your own hands. Enjoy workplace flexibility in a global organization with tremendous scale. Work in an inclusive and collaborative environment with supportive teammates. Come experience the employee advantage at CBRE.

CBRE has a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.

As a Fortune 500 worldwide leader in real estate services, CBRE’s more than 90,000 professionals provide exceptional outcomes for clients in over approximately 480 offices worldwide.  When it comes to real estate, CBRE sees potential everywhere. We turn scale into strength, expense into performance, and property into prosperity. Visit cbre.us.

Company info

Inspection & Valuation International, Inc.
Website : http://www.ivi-intl.com/