Commercial Property Manager

Title: Retail Property Manager - MUST HAVE RETAIL EXPERIENCE; preferably big-box or grocery anchored shopping centers Office Location: Oak Brook, IL Salary Range: $80-$100k/year Connected by a common belief that our collective skills, knowledge, values, and vision will shape the evolution of brick-and-mortar retail, our team forms what is the commercial real estate industry’s premier Owner/Operator/ Investor of open-air retail in the United States. With decades of expertise in retail property management, accounting, asset management, leasing, acquisition, development, and marketing, we’re guided by core values of collaboration, trust, diligence, and empathy to optimize and grow our portfolio through elevated, insightful, and value-driven solutions for our stakeholders. Summary of Position We are seeking a skilled and motivated Property Manager to join our dynamic Property Management team. In this role, the Property Manager will collaborate closely with their dedicated Associate Property Manager to oversee the day-to-day operations of a diverse portfolio of retail shopping centers. The primary focus will be on fostering strong tenant relationships and ensuring the properties are well-maintained and running smoothly. As the main point of contact for both tenants and vendors, the Property Manager will meet with key stakeholders on-site regularly to address any issues, ensure satisfaction, and maintain operational excellence. The role also includes a range of accounting responsibilities, such as preparing monthly operating reports, budget variance reports, CAM reconciliations, and annual budget preparations. Additionally, the Property Manager will work in a close partnership with the broader company to monitor and drive the overall financial performance of the portfolio. Responsibilities Establish and maintain positive relationships with all our tenants to ensure tenant satisfaction and retention in their +/-1.5M SF portfolio of properties. Perform regular inspections of properties, recommend alterations, maintenance, and reconditioning of properties as they pertain to the portfolio. Prepare annual operating budgets and monitor all expenses. Negotiate and contract for vendor services and supervise work as required. Respond to property and tenant needs and coordinate with the team to resolve issues. Available to supervise property maintenance urgent matters 24/7. Work with their Associate Property Manager to oversee the timely collection of rent, payment of expenses, compliance with lease terms, and preparation of all required legal notices. Timely prepare or review for accuracy reports, including operational summaries, collections, variance reports, and year-end reconciliations. Supervise the planning and implementation of operating expenditures. Interact regularly with clients and teams to ensure that Pine Tree's business objectives are being met. Review, manage, and approve invoices for payment. Related duties as assigned. Desired Skillsets & Qualifications The ideal candidate will possess a bachelor’s degree in Business, Accounting, Finance, or a related field, or have equivalent hands-on experience in a similar setting. A minimum of 3+ years of experience managing Retail or Shopping Center properties is required. Strong computer and internet skills, including Microsoft Office 365, and experience using CRE management software such as Yardi (Preferred) Strong financial and analytical skills Solid understanding of lease terms and language, with ability to interpret as needed Ability to travel by up to 20% per month Ability to maintain strong attention to detail with a continued high efficiency and accuracy rate for performing work/tasks Ability to spot issues proactively and head them off and/or start the solution process Must be a self-starter that can execute tasks timely and lead while fully remote Desire to learn and grow The position responsibilities outlined above are in no way to be construed as all-encompassing. Other duties, responsibilities, and qualifications may be required and/or assigned as necessary. Compensation + Benefits Competitive salary, performance-based incentive, and attractive benefits, including work/life balance and healthcare. We believe that trust, experience, humility, transparency, and responsibility should influence everything we do in business and life. As a result, we’ve built what we believe is the best team in the industry, combining decades of experience in acquisitions, leasing, property management, development, design & construction, accounting, human resources, and marketing. #J-18808-Ljbffr