Senior Manager, Property & Assets

The Senior Manager, Property & Assets is responsible for the strategic and operational leadership of a commercial real estate portfolio, ensuring assets are effectively managed, maintained, and optimized to support business objectives and long-term value.

This role oversees a team of property managers and property technicians, establishing clear standards, driving performance, and ensuring consistent execution across all properties. The Senior Manager operates as a key leader within the real estate function, balancing hands-on operational oversight with forward-looking asset strategy, vendor management, and cross-functional partnership.

Key Responsibilities

Portfolio & Asset Leadership

• Lead the performance and oversight of a commercial and residential real estate portfolio, ensuring operational excellence, asset preservation, and long-term value creation
• Establish and implement property management standards, processes, and expectations across all assets
• Partner with leadership on asset strategy, including capital improvements, repositioning, and long-term planning initiatives
• Monitor portfolio performance and proactively identify opportunities to improve efficiency, quality, and financial outcomes
• Oversee leasing strategy and performance across the portfolio, including new tenant acquisition and lease renewals, through management of third-party leasing partners
• Ensure leasing activities align with asset objectives, market conditions, and financial targets
  
  

Team Leadership & Development

• Lead, coach, and develop a team of property managers and property technicians
• Establish clear performance expectations and accountability across the team
• Drive consistency in execution while developing team capability and bench strength
• Create a culture of ownership, responsiveness, and high-quality service delivery
  
  

Operations & Property Performance

• Oversee day-to-day property operations across the portfolio, ensuring properties are maintained to a high standard
• Ensure preventative maintenance programs are in place and effectively executed
• Identify operational gaps and implement solutions to improve performance and scalability
• Ensure consistent documentation, reporting, and operational discipline across all sites
  
  

Vendor & External Partner Management

• Oversee third-party vendors and service providers, ensuring quality, cost-effectiveness, and adherence to company standards
• Negotiate and manage vendor contracts in alignment with operational and financial goals
• Ensure all vendors meet insurance, compliance, and safety requirements
  
  

Financial & Budget Oversight

• Lead development and management of operating budgets and capital expenditure plans across the portfolio
• Monitor expenses and financial performance, ensuring alignment with budget and identifying cost efficiencies
• Partner with finance to support forecasting, reporting, and variance analysis
  
  

Tenant & Stakeholder Experience

• Ensure a high-quality tenant experience through responsive service, proactive communication, and consistent standards
• Promote strong relationships with tenants, partners, and local stakeholders
• Address escalated tenant concerns and ensure timely, effective resolution
  
  

Risk Management & Compliance

• Identify and mitigate operational and property-related risks across the portfolio
• Ensure compliance with company policies, legal requirements, and safety standards
• Oversee incident reporting, documentation, and follow-up actions as needed
  
  

Strategic Impact

• Translate business priorities into property and asset management strategies
• Drive consistency and scalability across a growing portfolio
• Serve as a key advisor on property-related decisions, investments, and operational improvements
• Identify opportunities to enhance asset value, operational efficiency, and tenant experience
• Operates across a diverse portfolio of assets, which may include commercial, mixed-use, hospitality-adjacent, and development-stage properties
• Partners across business verticals to ensure property strategy supports broader enterprise priorities
  
  

Supervisory Responsibilities

• Directly leads property managers and property technicians
• Responsible for hiring, performance management, coaching, and development of team members
• Provides direction, prioritization, and oversight across the portfolio
  
  

Supervisory Responsibilities

Position involves leadership responsibilities:

• Provides strategic leadership and guidance in alignment with organizational policies and regulatory requirements.
• Leads the overall direction, coordination, and performance optimization of assigned function, department, or business.
• Manages talent acquisition processes including candidate selection, onboarding, and professional development initiatives for team members.
• Ensures comprehensive performance evaluation and development planning for all direct reports, conducting formal assessments annually in accordance with organizational standards.
  
  

Level of Supervision Received

• This position will have access to supervision as needed to resolve issues or problems.
  
  

Knowledge And Experience

• 8 years of experience in commercial real estate, property management, or asset management
• Demonstrated experience leading and developing teams, including property managers and/or technical staff
• Strong understanding of commercial property operations, including maintenance, vendor management, and tenant relations
• Experience managing multiple properties or a real estate portfolio
• Proven ability to manage budgets, control costs, and drive operational performance
• Experience managing third-party vendors and service providers
  
  

Skills And Competencies

• Experience operating in a multi-entity or complex organizational environment
• Exposure to capital planning, asset repositioning, or development coordination
• Familiarity with property management systems and reporting tools
• Strong operator who translates strategy into execution
• Builds accountability and consistency across teams
• Comfortable in a fast-paced, evolving environment
• Communicates clearly and partners effectively across functions
• Balances hands-on involvement with strategic oversight
  
  

Duties and responsibilities, as required by business necessity may be added, deleted, or changed at any time at the discretion of management, formally or informally, either verbally or in writing. Scheduling, assignments, and work location may be changed at any time, as required by business necessity.

Krause Group believes in People First. We are an Equal Opportunity Employer building a culture of equity and inclusion.

Krause Group Purpose

Our purpose is to enhance the way people experience the world.

Krause Group Mission

Our mission is to nurture our family of brands, creating opportunities to do good in the world.

Krause Group Values

• Agility - We challenge the status quo with open minds, flexibility, and speed. We are comfortable being uncomfortable. We view change as opportunity.
• Courage - We take risks. We innovate. We win or learn. We push limits, disrupt norms, and define our own path.
• Growth Mindset - We are building an organization and legacy that will outlive us. We are continuously learning. There is no final-destination, only the journey to be better than we were yesterday.
• Inclusion - We actively seek and welcome alternative points of view. Diverse perspectives improve decision-making and make us all more successful.
• Integrity - We do the right thing, even when it’s difficult. We do not take shortcuts and always take accountability.
• Community Focused - We are committed to positively impacting our communities, stakeholders, and associates. We do good and encourage others to join us.