Senior Property Manager - Phoenix, AZ

Phoenix, AZ

Principal Objective of Position:                                                                                                     

The Senior Property Manager provides strategic leadership and oversight for a high-value portfolio of on-campus and off-campus medical office buildings.  This position is responsible for responsible for driving the long-term financial performance and operational excellence of the portfolio, ensuring all assets align with investment goals.  This role acts as a primary liaison for clients and mentors junior management staff to ensure delivery of best-in-class service.

Essential Functions:                                                                                                                       

The following reflects management’s definition of essential functions for this job but does not restrict the tasks that may be assigned.  Management may assign or reassign duties and responsibilities to this job at any time due to reasonable accommodation or other reasons.

• Lead the implementation of complex financial and operational initiatives; identify value-add opportunities to increase Net Operating Income (NOI).
• Direct the development of sophisticated operating and capital budgets; perform complex CAM reconciliations and ensure 100% recovery accuracy across the portfolio.
• Serve as the lead point of contact for third-party owners and institutional clients, delivering high-level financial reporting packages and strategic asset reviews.
• Provide guidance and oversight to Property Managers and Assistant Managers; ensure portfolio-wide compliance with policies, codes, and governmental regulations.
• Develop comprehensive annual inspection processes for properties; complete weekly, monthly quarterly, and annual property inspections as required for assigned assets, Cornerstone’s best practices, and/or client requirements.
•  Coordinate and oversee large-scale tenant improvements and building construction projects, ensuring projects are delivered on time, under budget, and to client specifications.
• Lead the bidding and negotiation of portfolio-wide vendor contracts to leverage economies of scale and ensure strict conformity with Cornerstone requirements.
• Audit property inspection processes and ensure all assets meet rigorous safety, environmental, and legal standards.
• Oversee complex lease administration duties, including high-level default proceedings and sophisticated lease restructuring.

Other Responsibilities:                                                                                                                   

• Lead leasing and client term meetings, ensuring seamless communication between leasing, property management, and ownership to achieve long-term occupancy goals.
• Facilitate and chair quarterly facility supervisor meetings to standardize best practices.
• Represent the firm in industry associations and networking events.
• Other duties as assigned.

Education and Experience Required:                                                                                           

• Bachelor’s Degree in Sales, Real Estate, Business Management, Finance, or related field.
• Minimum of 7-10 years’ of progressive experience in commercial real estate property management, with a focus on medical office or healthcare assets. 
• Valid Real Estate license at the time of hire.

Knowledge, Skills, and Abilities Required:                                                                                  

• Strong knowledge of commercial finance, asset management, and complex building systems.
• Proven ability to manage multi-site portfolios and lead cross-functional teams.
• Advanced proficiency in property management software.
• Superior negotiation and conflict-resolution skills.
• Valid driver’s license and the ability to travel, as needed, to client locations.

Preferred Qualifications:                                                                                                                

• CPM (Certified Property Manager) or RPA (Real Property Administrator) designation highly preferred.

Work Environment:                                                                                                                         

This position works in a corporate office environment.  Little to not exposure to outside elements.  This position regularly uses standard office equipment, including but not limited to a computer, keyboard, mouse, copy machine, fax machine, etc.

Salary : $85,000 - $95,000