University at Buffalo · 1 month ago
Property Operations Coordinator
The University at Buffalo Foundation is seeking a Property Operations Coordinator to manage the day-to-day operations of The Commons, a commercial retail and office facility. This role involves overseeing tenant relationships, lease administration, and financial reporting.
EducationHardwareKnowledge ManagementUniversities
Responsibilities
Oversee the daily operations of The Commons, including service contracts, tenant relations, leasing, and vendor coordination
Coordinate with outsourced property management company and maintenance vendors to ensure timely repairs and preventive maintenance
Respond to tenant inquiries and resolve issues professionally and efficiently
Review and approve routine maintenance projects under $10,000
Evaluate maintenance contracts annually and recommend improvements
Assist in preparing the annual operating budget for The Commons
Develop multi-year capital project budget projections for leadership and board approval
Monitor operating expenses and support cost control efforts
Provide regular reports on rent collections, financial performance, and occupancy levels
Track rent payments from tenants at The Commons and other UBF properties
Ensure timely invoicing and follow-up on outstanding balances
Oversee the rent collection process, including late payment reminders and tenant resolution efforts
Support the creation and administration of new lease agreements
Monitor lease renewals and assist with tenant retention strategies
Screen prospective new tenants and help prepare letters of intent
Collaborate with third-party leasing consultants and evaluate their performance annually
Coordinate with UB’s Campus Living team on operational matters for six UBF-owned student housing complexes
Collaborate with UB’s Real Estate & Property Management team on other UBF-owned properties, including a technology incubator, art gallery, and private residence
Compile and prepare documentation for timely insurance claims across all UBF properties
Qualification
Required
Availability during non-standard hours, including evenings and weekends, to respond to emergencies and tenant needs
Balance of operational management and financial acumen
Experience in managing tenant relationships
Experience in lease administration
Experience in rent collection
Ability to oversee daily operations of a commercial retail and office facility
Experience coordinating with outsourced property management companies and maintenance vendors
Ability to respond to tenant inquiries and resolve issues professionally and efficiently
Experience in reviewing and approving routine maintenance projects
Ability to evaluate maintenance contracts and recommend improvements
Experience in preparing annual operating budgets
Ability to develop multi-year capital project budget projections
Experience monitoring operating expenses and supporting cost control efforts
Ability to provide regular reports on rent collections, financial performance, and occupancy levels
Experience tracking rent payments and ensuring timely invoicing
Ability to oversee the rent collection process, including late payment reminders
Experience supporting the creation and administration of new lease agreements
Ability to monitor lease renewals and assist with tenant retention strategies
Experience screening prospective new tenants and preparing letters of intent
Ability to collaborate with third-party leasing consultants and evaluate their performance
Experience coordinating with campus living teams on operational matters for student housing complexes
Ability to collaborate with real estate and property management teams on various properties
Experience compiling and preparing documentation for insurance claims
Benefits
Great benefits
Great people
Company
University at Buffalo
University at Buffalo is a premier, research-intensive public university and a member of the Association of American Universities It is a sub-organization of The State University of New York.
Funding
Current Stage
Late StageTotal Funding
$22.95MKey Investors
National Science FoundationFuzeHub
2023-01-09Grant· $20M
2022-08-06Grant· $2.9M
2022-04-13Grant· $0.05M
Leadership Team
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