Managing Director of Commercial Property Management

Friedman Real Estate seeks to hire a Managing Director to oversee, direct and supervise a team of professionals who currently provide property and asset management services to a portfolio of office, industrial and retail properties located throughout the United States.

The ideal candidate for this role is an individual with 10 years of property management experience with 5 years of experience as a leader of people/teams. This is a high-profile position that will be based out of the company’s headquarters in Farmington Hills, Michigan.

Roles and Responsibilities

Leadership

• Leading, managing, and mentoring a team of 50 property management professionals, including property/portfolio managers, maintenance technicians, and building engineers
• Establishing quarterly and annual goals for each team member and the properties they manage
• Providing guidance, oversight, and supervision to ensure all goals are achieved

Operations

• Defining and managing operational metrics to track quantitative performance goals, while overseeing the creation and approval of operating and capital budgets, as well as monthly financial reports
• Implementing cost control strategies and ensuring adherence to the expense budget, with a focus on revenue maximization through strategic planning and optimization
• Managing delinquency through proactive plans to minimize arrears and enhance collections
• Driving process improvement initiatives and standardizing operational processes for continuous improvement

Tenant/Owner Relations

• Committed to delivering best-in-class client service by building trusted partnerships, maintaining open and transparent communication, and consistently exceeding tenant and owner expectations
• Serving as a proactive and reliable point of contact for tenants and owners, ensuring issues are resolved efficiently and professionally

What we are looking for:

• Extensive experience in budget management and financial oversight, including the development, monitoring, and execution of operating and capital budgets across multi-site portfolios
• Proven ability to lead financial reporting processes, analyze performance data, and drive strategic decision-making to improve net operating income and overall asset value
• Deep understanding of commercial leasing practices, including lease administration, tenant retention strategies, and maximizing occupancy and revenue potential.

This is an exceptional opportunity for a proven leader to make a significant impact by driving operational excellence, fostering team growth, and elevating the performance of a diverse national portfolio. Come join our team!