Associate Real Estate Manager Job ID 193370 Posted 18-Nov-2024 Service line Advisory Segment Role type Full-time Areas of Interest Property Management Location(s) Bethesda - Maryland - United States of America, North Bethesda - Maryland - United States of America About The Role: You are responsible to work with the Real Estate Manager or higher staff in managing all aspects of a single property or portfolio of commercial, industrial, or retail properties including marketing, operations, and financial activities in accordance with the real estate management agreements and CBRE policies. What You'll Do: •Use independent discretion, respond to tenant needs ensuring that administrative and building technical staff resolve problems promptly and/or contracts for vendor services as required. Ensure that services are provided in compliance with policies, procedures, regulations and contractual obligations and standards. •Perform periodic regular property inspections. Based on independent review and assessment, recommend to clients and/or approve on client's behalf the alterations, maintenance and reconditioning as necessary. Contract for and supervise vendor services as required. •Manage and give approvals for accurate payment of vendor invoices on behalf of the property owner in compliance with the management agreement and CBRE policies •Manage the preparation of and give approvals on accurate tenant billings. •At owner's discretion, market the property, showing space to prospective tenants. Coordinate tenant move-ins and move-outs, and "walks-through" spaces with tenants and tenant improvement department. •Act as key contact with property owners to ensure that objectives as being met. Prepare and deliver timely, accurate and complete reports. •Develop and control annual budgets for operating and capital expenses based on operating knowledge of the property/portfolio. Forecast management plans and prepare monthly performance, explaining variances. •Collect rent and pay expenses in compliance with lease terms. Obtain account receivable aging reports and independently initiate procedures to address tenant delinquencies. Prepare all required legal notices. Recommend and coordinate legal action as necessary. •Develop business relationships through membership and participation in professional, industry/trade and civic organizations. •Complete all areas defined as part of the Real Estate Manager job description duties in the absence of the Real Estate Manager. •Apply general knowledge of standard principles and techniques/procedures to accomplish assigned tasks and solve routine problems. •Have a broad knowledge of own job field and some knowledge of several job subject areas within the function. •Lead by example and model behaviors that are consistent with CBRE RISE values. May convince to reach an agreement. •Impact the quality of own work and the work of others on the team. •Work primarily within standardized procedures and practices to achieve objectives and meet goal dates. •Explain complex information to others in straightforward situations. 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. Bachelor's Degree preferred with 2-5 years of relevant experience. In lieu of a degree, a combination of experience and education will be considered. Real Estate license if state required [1]. Understanding of existing procedures and standards to solve slightly complex problems. Ability to analyze possible solutions using technical experience to apply appropriate judgment and precedents. In-depth knowledge of Microsoft Office products. Examples include Word, Excel, Outlook, etc. [1] The following states require a Real Estate license: Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Georgia, Hawaii, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Utah, Washington, Washington, D.C., West Virginia, Wyoming Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future. 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 carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for the Associate Real Estate Manager position is $70,000 annually and the maximum salary for the Associate Real Estate Manager position is $80,000 annually. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience. Successful candidates will also be eligible for a discretionary bonus based on CBRE’s applicable benefit program. **Equal Employment Opportunity:** 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. **Candidate Accommodations:** CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company’s success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccommodations@cbre.com 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. CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)