Job Details

This role is with Bayspace a dvision of Basis Industrial.

Company Overview:

Basis Industrial is a vertically integrated real estate owner and operator formed by industry veterans and sponsors Daniel Weinstein, Jay Massirman, Stephen Garchik. Founded in 2012, we are a seasoned group of dedicated industry experts with a diverse set of backgrounds and experiences. Together, we share the common goal of achieving success for our partners and investors. Basis has deep roots in the self-storage and industrial sectors. We currently own over 3 million square feet of self-storage and industrial real estate and are actively growing the portfolio by over 2 million square feet per year. Between 2020 and 2022 Basis principals strategically disposed of 2 million SF of real estate with a market cap of over $650M of owned and developed assets throughout the US.We are committed to serving our investment partners through identifying and maximizing unique alternative investment strategies that are grounded in research and technology to ensure we remain ahead of the pack and leaders in the industrial asset class vertical. For more information, visit www.basisindustrial.com and/or www.bayspace.com

Responsibilities:

The Senior Manager of Property Management is a key leadership role responsible for overseeing and directing all aspects of property management operations within a company or organization. This position involves managing a diverse portfolio of properties and ensuring their optimal performance, profitability, and compliance with regulations. The Senior Manager will lead a team of property management professionals, collaborate with various stakeholders, and develop strategic plans to enhance the value of the real estate assets under management

1. Portfolio Management: Oversee a portfolio of properties, which may include residential, commercial, and industrial assets. Develop and execute strategies to maximize occupancy rates, rental income, and property values.
2. Team Leadership: Provide strong leadership to the property management team, including property managers, leasing agents, maintenance staff, and administrative personnel. Foster a collaborative and motivated work environment to ensure high-performance levels.
3. Financial Management: Develop and manage property budgets, monitor revenue and expenses, and ensure financial goals are met or exceeded. Analyze financial reports and implement strategies to improve profitability.
4. Tenant Relations: Oversee tenant relations and customer service initiatives to maintain high tenant satisfaction levels. Address tenant concerns and ensure timely resolution of issues.
5. Lease Administration: Review and negotiate lease agreements, ensuring compliance with legal and company requirements. Implement lease renewal and rent increase strategies.
6. Property Maintenance: Ensure that all properties are well-maintained and meet the required safety and quality standards. Oversee maintenance activities, repair projects, and capital improvements.
7. Compliance and Regulations: Stay abreast of local, state, and federal regulations affecting the properties and ensure compliance with building codes, fair housing laws, and other relevant regulations.
8. Vendor Management: Manage relationships with external service providers, contractors, and suppliers. Negotiate contracts and service agreements to optimize cost and service quality.
9. Asset Enhancement: Develop and implement strategies to enhance the value of the properties, such as renovation projects, energy-efficient upgrades, and technology integration.
10. Reporting and Analysis: Prepare regular performance reports for senior management and stakeholders, including financial metrics, occupancy rates, and property market trends. Use data analysis to identify opportunities for improvement and operational efficiencies.
11. Risk Management: Identify and mitigate potential risks related to property management, including insurance coverage, emergency planning, and safety protocols

Qualifications:

• Bachelor's or Master's degree in Business Administration, Real Estate Management, Finance, or a related field.
• Proven experience in property management, with at least 7-10 years of progressive management experience, including experience managing a diverse portfolio of properties.
• Strong leadership and managerial skills, with the ability to motivate and lead a team effectively.
• In-depth knowledge of property management practices, real estate laws, and regulations.
• Financial acumen and experience in budgeting, financial analysis, and reporting.
• Excellent communication and interpersonal skills, with the ability to interact with tenants, stakeholders, and business partners.
• Problem-solving and decision-making abilities, with a focus on finding practical and effective solutions.
• Familiarity with property management software and tools for efficient operations.
• Professional certifications such as Certified Property Manager (CPM) or Real Property Administrator (RPA) are advantageous.