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Property Management Associate (Commercial/Industrial)

Salary
$75,000-$99,999
Employment
Full Time
Work Place
Office
Real Estate Field
Location
New York
 NY
Postal Code
10016
Country
United States

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Description


POSITION SUMMARY

IG Logistics LLC (private owner/operator of industrial properties across the US) is looking to hire a Property Management Associate (“Associate”). The Associate will report to the founding partners of IG Logistics LLC as well as the head of asset management. The successful candidate will oversee all property management responsibilities including direct communications with tenants, due diligence, periodic reporting, managing third party relationships, and capital expenditure projects. This candidate will interface directly with the firm’s senior leadership, asset management team, acquisitions team, accounting team, and the firm’s partnerships as appropriate.

 

ABOUT IG LOGISTICS

IG Logistics LLC, Imperium Capital’s industrial platform, is an owner/operator of industrial properties that have a large outdoor storage or transportation component. We specialize in acquiring and developing infill assets in high barrier to entry, urban growth markets where demand for logistics real estate is driven by e commerce. Our strategy focuses on last mile facilities that are mission critical to the supply chain.

 

KEY RESPONSIBILITIES

  • Responsible for the strategic property level management of IG Logistics, which is the industrial platform of Imperium Capital.
  • Responsible for overseeing ad hoc repairs & maintenance projects as well as the operating and preventative maintenance of industrial properties as needed.
  • Track property level deliverables such as timely rent payments, additional rent/CAM (Common Area Maintenance) reconciliations, rent rolls, and tenants’ insurance certificates prior to expirations.
  • Coordinate directly with tenants, accountants, contractors, and third party property management providers in a hands on manner.
  • Assist in the preparation of property business plans, operating and capital budgets.
  • Oversee periodic reporting on the performance, budget variances, and significant changes to each industrial asset within the portfolio.
  • Actively communicate with senior members of the firm to apprise the appropriate individuals on property level issues/decisions impacting assets.
  • Assist in the development and monitoring of capital improvement and renovation projects, as required, for property maintenance, competitive positioning, or market re positioning.

 

KEY ATTRIBUTES/EXPERIENCE

  • At least two years of relevant property management experience working with a real estate
  • investment company and/or real estate operating company (preferable with experience on NNN leases).
  • Relevant experience of industrial assets required.
  • Ability to travel as needed to assets within the portfolio.
  • Demonstrated organizational, problem solving, analytical, and technical skills.
  • Experience in working in an entrepreneurial, closely held commercial real estate owner/investor is preferred.
  • Capable of multi tasking; balancing multiple objectives to a successful conclusion.
  • The ability to work independently while keeping management/peers apprised on a regular basis.
  • Proactive with issues and highly responsive to management. Must have experience working under pressure with various projects and deadlines, while reporting effectively and in a timely manner to senior management.
  • Aware of longer term strategy and task objectives, yet also detail oriented and willing to take a hands on approach.
  • High degree of personal and professional integrity and loyalty.
  • Excellent and proven written and oral presentation skills.
  • Appropriate educational credentials. (i.e. Bachelor Degree)
 

Job Sector


 

Experience


2+ to 5 years


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