Portfolio Manager - Commercial Real Estate - Boston, MA

Boston Permanent $100,000 - $110,000 per year View Job Description
We are seeking a highly skilled and motivated Portfolio Manager to join our dynamic team at a leading Real Estate Investment Trust (REIT) based in the vibrant city of Boston.
  • Hybrid working arrangement
  • Office based in Boston's Back Bay

About Our Client

REIT based in Boston. which specializes in acquiring and redeveloping urban mixed-use and commercial buildings. They have hundreds of millions of dollars in assets under management.

Job Description

Assists the Asset Management team with all asset management duties including leading the commercial leasing and tenant lifecycle efforts. Other responsibilities include developing and maintaining strong relationships with tenants and third-party brokerage relationships. Tasks may include the preparation and review of marketing materials; commercial portfolio metric analysis, development and delivery of periodic property occupancy reports, support for the development of operating budgets, and tenant billbacks. Lastly the Portfolio Manager will support acquisition and financing underwriting.

Main duties and responsibilities include the following:

  • Develop strategy and execute on leasing/renewals for commercial portfolio
  • Establish and maintain relationships with tenant contacts
  • Work with colleagues to oversee programming and content delivered to tenants
  • Perform analysis supporting leasing activity and share with management
  • Research market data supporting real estate strategies and transaction objectives
  • Assist with the development of annual property operating budgets
  • Prepare periodic portfolio analysis and reporting
  • Support property acquisitions by assisting with due diligence activities
  • Provide leasing data and market knowledge in support of various financing efforts
  • Assist with special projects when necessary
  • Support the operation and implementation of various data systems within organizational work processes
  • Forge strong relationships with brokerage partners and work to resolve challenges; communicate concerns up internal and external chains of command when expectations are not being met.
  • Assess implementation of strategic initiatives, operational and management performance, and identify opportunities for improvement and communicate those opportunities among relevant internal and external teams.



Apply today using the link provided.

The Successful Applicant

In return for a competitive remuneration package, the successful candidate will possess the following:

  • Bachelor's degree in Business, Finance, or a related field
  • 4+ years of experience in asset management, real estate, leasing or related fields

What's on Offer

  • Base salary of between $ 100,000 and $ 110,000
  • Performance related bonus scheme
  • Hybrid working arrangement
  • Opportunities for professional development and career advancement
  • 401K Match
  • 75% of Medical Covered
  • 100% of Dental Covered
  • 100% of Vision Covered
  • 100% of Life Insurance Covered
  • Short and Long Term Disability
  • Tuition Reimbursement
  • VTO - Volunteer Time Off
  • PTO
  • Unlimited Sick Time
  • Mid-year and Year-end Reviews
  • Half Day Fridays during the Summer.
Contact
Tom Smith
Quote job ref
JN-092024-6540851

Job summary

Function
Operational & General Management
Subsector
Operational & General Management Subsector
Industry
Property & Construction
Location
Boston
Contract type
Permanent
Consultant name
Tom Smith
Job reference
JN-092024-6540851

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