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Senior Real Estate Manager

Company: CBRE
Location: Philadelphia
Posted on: April 2, 2024

Job Description:

Senior Real Estate Manager

Job ID




Service line

Advisory Segment

Role type


Areas of Interest

Property Management


Philadelphia - Pennsylvania - United States of America

Are you ready to start an exciting career with CBRE?

About The Role:

  • Manage all aspects of a complex multi-owner site consisting of commercial, industrial and retail properties. Oversee all operations and financial activities.
  • Working onsite in Philadelphia, PA USA.

    What You'll Do:

    Respond to Owner and tenant needs, ensuring that administrative and building technical staff resolve problems promptly. Ensure that services are provided in compliance with policies, procedures, regulations and contractual obligations and standards. Proactively communicate and seek resolutions to issues.

    Ensure periodic regular property inspection. Recommend and/or approve alterations, maintenance and reconditioning as necessary. Contract for and supervise vendor services as required.

    Coordinate tenant move-ins and move-outs, and "walk-through" spaces with tenants and tenant improvement department.

    Ensure compliance for all contracts and lease requirements.

    Supervise site team to ensure all site and financial operational goals are met.

    Act as primary contact with site property owners to ensure that Owner's objectives are being met. Prepare and deliver timely, accurate and complete monthly financial reports.

    Develop and control annual budgets for operating and capital expenses. Forecast management plans and prepare monthly performance, explaining variances.

    Review and reconcile tenant rent and Common Area Maintenance (CAM) recovery charges.

    Negotiate early terminations of leases. Provide lease analysis for client's review and approval. Document settlement of and notify affected parties.

    Support all property sales by coordinating due diligence process and monitoring the activity of outside brokers.

    Support Owner's long term development plans and site improvements through financial forecasting, and bringing standard processes for site management.

    What You'll Need:

    • To perform this job successfully, an individual will need to perform each crucial 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 essential functions.
    • Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
    • Bachelor's degree (BA/BS) from four-year college or university and a minimum of four to six years of related experience or training.
    • Real estate license required. CPM or RPA professional designation or candidacy preferred.

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

      Requires high-level knowledge of financial terms and principles. Ability to calculate intermediate figures such as percentages, discounts, and commissions. Conducts advanced financial analysis of property budgets.

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

      Intermediate to advanced skills with Microsoft Office Suite, specifically Excel.

      Decisions made with thorough understanding of procedures, company policies, and business practices to achieve general results. Responsible for setting work unit and/or project timelines. Errors in judgment may cause short-term impact to department.

      Why CBRE?

      When you join CBRE you will have the support and resources of a global firm where an entrepreneurial mentality is encouraged. You'll realize your potential with exciting work, fast-paced assignments, an environment of constant learning and dedication to results! To enable your success, we provide the best tools, training and leaders in the industry.

      Our culture is built on our RISE values and reflects the needs and perspectives of our clients and our people. Our work is guided by our North Star: Crafting the real estate solutions of tomorrow, so businesses and people thrive.

      Coming to work for CBRE, you will receive a comprehensive benefits package, 401k, and extraordinary perks such as career growth and longevity!

      CBRE is an equal opportunity employer that values diversity. We have 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. We also provide reasonable accommodations, as needed, throughout the job application process. If you have a disability that inhibits your ability to apply for a position through our online application process, you may contact us via email at or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).

      NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.

Keywords: CBRE, Philadelphia , Senior Real Estate Manager, Executive , Philadelphia, Pennsylvania

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