What are the responsibilities and job description for the Regional Property Manager– Commercial Real Estate position at Lamar Companies?
Description
About the Company:
Lamar Companies is a full-service, privately held, real estate investment company headquartered in New Jersey. Since its founding in 1972, the Company has routinely been ranked in the top 100 largest owners of retail shopping centers in the US according to National Real Estate Investors rankings. Lamar primarily focuses on opportunities created by real estate economic cycles and underperforming assets across the United States and is a principal investor in projects for its own account and in partnership with major institutions. Throughout the years the firm has maintained its entrepreneurial roots as a hands-on operating partner with a deep expertise in the retail space, and a unique ability to drive value for its investors.
Job Overview:
Well-established national commercial real estate company is seeking an experienced Regional Property Manager to oversee operations of a multi-state portfolio of retail shopping centers, including direct management of onsite property managers. Candidate must be a self-starter and is preferred to have at least ten years’ experience in commercial property management, including a focus on retail shopping centers with a strong knowledge of all aspects of managing commercial properties, including tenant relations, operating budgets, monthly reporting, maintenance & vendor oversight, tenant improvement and construction for capital projects. Position will be based in Lamar’s suburban New Jersey office with the potential for a hybrid work arrangement. Travel to properties is required. Compensation will be competitive, including salary, benefits, and an opportunity for bonus.
Responsibilities:
- Oversee daily operations and financial performance of a portfolio of commercial properties
- Supervise and support on-site property managers and third-party vendors
- Oversee, Develop, and manage property budgets, forecasts, and capital plans
- Ensure timely reporting, including variance reports and operational updates
- Conduct regular property inspections
- Oversee property maintenance and capital projects
- Ensure lease compliance and manage tenant relations
- Work closely with asset management and accounting teams to meet investment goals
- Assist with due diligence and onboarding for new acquisitions
- Identify opportunities for revenue growth and expense optimization
- Training of on-site Property Managers
Qualifications:
- 10 years of experience in commercial property management, with multi-site oversight
- Strong knowledge of lease administration, tenant relations, operating budgets, recoveries and recharges, reporting, financial and otherwise, maintenance, contracts, contractor management, tenant improvements, and capital projects is required
- Proven leadership and team management skills
- Familiarity with real estate accounting software and systems
- Excellent communication, organizational, and problem-solving abilities
- Ability to travel regularly and a Valid driver’s license.
- Bachelor’s degree preferred
- Professionalism and discretion
Benefits
- Some of the benefits include:
- ·Competitive salary based on experience
- Bonus opportunities based on market compensation, and personal, company, and property performance
- Health, dental, vision, short- and long-term disability, and life insurance
- 401(k) with company match
- Four weeks paid time off plus company holidays
- Family and medical leave in accordance with applicable laws
- Mentorship and professional development support
Equal Opportunity Statement
Lamar Companies is an Equal Opportunity Employer. We comply with applicable federal, state, and local laws prohibiting discrimination. In accordance with New Jersey law, we provide notice of promotional opportunities to all current employees before making a final hiring decision.