Head of Property is responsible for overseeing and managing the company's real estate portfolio, including acquisition, management & disposition of properties. This role requires strategic leadership, extensive industry knowledge, & a proven track record in property management & real estate operations. The Head of Property will ensure optimal performance & value of the property assets while aligning the company's strategic objectives.
Responsibilities:
- Strategic Property Management
- Develop & implement the property management strategy to support the company's goals & objectives.
- Oversee the acquisition, development, & disposition of property assets.
- Conduct market research & analysis to identify opportunities & make strategic recommendations.
- Property Operations
- Manage day-to-day operations of the property portfolio, ensuring high standards & maintenance, safety, & tenant satisfaction.
- Oversee property management teams & third-party service providers to ensure efficient & effective operations.
- Implement & maintain best practices for property management & operational excellence.
- Financial Oversight
- Develop & manage property budgets, ensuring financial performance aligns with company objectives.
- Monitor & analyze financial performance of properties, including revenue, expenses, & return on investment.
- Optimize property revenue through effective lease management, rent collection & cost control.
- Tenant & Lease Management
- Oversee tenant relations & ensure high levels of tenant satisfaction.
- Manage lease negotiations, renewals, & enforcement of lease agreements.
- Resolve tenant issues & disputes in a timely & professional manner.
- Regulatory Compliance
- Ensure compliance with all local, state, and federal regulations related to property management & real estate.
- Stay informed about changes in property laws, regulations, & industry trends.
- Implement policies & procedures to adhere to legal & regulatory requirements.
- Portfolio Optimization
- Evaluate & optimize the property portfolio to maximize value & return on investment.
- Identify underperforming assets & develop strategies for improvement or disposition.
- Conduct regular property evaluations & market assessments.
- Team Leadership & Development
- Lead, mentor &develop the property management team, promoting a culture of excellence & accountability.
- Manage departmental resources & ensure effective allocation of personnel & budget.
- Stakeholder Engagement
- Act as the primary point of contact for internal & external stakeholders regarding property matters.
- Build & maintain relationship with property owners, tenants, investors, & community representatives.
- Represent the company at industry events, conferences & public meetings.
Qualifications
Education: Bachelors degree in real estate, Property Management, Business Administration, or a related field. Advanced degree or Professional Certificate is preferred.
Experience: Minimum 15 years of progressive experience in property management or real estate, with a proven track record of managing diverse property portfolios.
Skills:
- Strong knowledge of property management, real estate investment & market analysis.
- Excellent financial acumen & experience in budget management & financial reporting.
Personal Attributes
- Strategic thinker with a strong business orientation.
- Adaptable & resilient in a dynamic real estate environment.
