Related Companies · 1 month ago
General Manager, Luxury Condominium
West Palm Beach, FL
Full-time
Onsite
Director/Executive
$185K/yr - $195K/yrRelated is a premier owner/operator of real estate, seeking a highly experienced and visionary General Manager to oversee the management and operations of a new luxury condominium property in West Palm Beach. The role involves providing strategic direction, managing financial performance, and fostering strong relationships with stakeholders while ensuring operational excellence.
Commercial Real EstateConstructionProperty DevelopmentReal EstateRentalSales
Responsibilities
Provide strategic direction and leadership to the property management team, ensuring alignment with the company's overall goals and objectives
Develop and implement comprehensive business plans and operating strategies to maximize the property's financial performance and enhance its market position
Collaborate with the executive team and board members to develop and execute long-term strategies that drive growth and profitability
Understand and manage capital and expense budgets, including reporting to senior staff and stakeholder representatives
Maintain verbal and written communication with stakeholders, vendors and residents (as needed) on issues relating to our management responsibilities, including but not limited to: quality control; vendor contract management; maintenance personnel responsibilities; access control for mechanical equipment rooms and utilities management
Oversee all construction activities during initial development/lease up of the property and manage building rehabilitations
During construction and fit-outs, makes recommendations to eliminate potential problems and/or improve building operations
Develop policies, procedures, and regulations to effectively manage the property, pertaining but not limited to, construction work, tenant alteration process and certificate of insurance requirements
Develop, implement and assure programs for preventive maintenance
Assure that all outside vendors are in compliance with the tenets of their contractual agreements for all work performed
Ensure that each staff member reviews and complies with the procedures outlined in the Emergency Preparedness Manual
Comprehensive understanding of all facets of accounts payable and account receivable in order to effectively supervise staff responsible for this function
Manage the property's financial performance, including budgeting, forecasting, and expense control
Monitor and analyze financial statements, identify variances, and implement corrective measures as necessary
Negotiate and manage vendor contracts, ensuring cost-effective service delivery while maintaining quality standards
Oversee all aspects of day-to-day operations, including property maintenance, facilities management, security, and tenant services
Ensure the property operates at the highest standards of excellence, maintaining a safe, clean, and well-maintained environment
Develop and implement policies, procedures, and systems to optimize operational efficiency and ensure compliance with local regulations and building codes
Foster strong relationships with condominium owners, residents, and tenants, addressing their needs and concerns promptly and professionally
Collaborate with the marketing and leasing teams to attract and retain high-quality tenants and residents, ensuring high occupancy rates
Represent the property in community associations, industry forums, and board meetings, maintaining a positive image and promoting Related Companies' brand
Recruit, develop, and lead a high-performing team, fostering a culture of excellence, collaboration, and continuous improvement
Provide guidance, coaching, and mentorship to team members, promoting their professional growth and development
Conduct performance evaluations, identify training needs, and implement talent retention strategies
Qualification
Required
Bachelor's Degree in Business Administration, Real Estate Management, or a related field
Proven experience as a General Manager or similar leadership role in the luxury residential (condo) real estate industry
Strong background in board governance and executive-level decision-making
In-depth knowledge of property management principles, practices, and local regulations
Demonstrated track record in delivering exceptional customer service and tenant satisfaction
Excellent financial acumen, with experience in budgeting, financial analysis, and contract negotiation
Outstanding leadership abilities, with a focus on strategic thinking, problem-solving, and decision-making
Exceptional interpersonal and communication skills, with the ability to engage effectively with stakeholders at all levels
Strong organizational skills and the ability to prioritize and manage multiple projects simultaneously
Preferred
MBA preferred
Familiarity with luxury condominium market trends and best practices
Benefits
Lots of paid time off (19+ days!) – we value your life outside of work.
Customizable total rewards package – pick from our medical, vision and dental options, along with our life insurance and an Employee Assistance Program
Financial wellness perks to set you up for success - such as 401(k), FSA & HSA, employer-paid life and AD&D insurance; paid leave & disability programs.
Mental health resources, such as counseling, are available to our team members.
Fertility benefits – such as surrogacy, adoption assistance and more!
Paid time off to volunteer and we will match your charitable donations! We are a passionate team making real impact on the world!
Grow with us – learning & training programs; tuition & certification reimbursement; internal advancement opportunities are available.
Company
Related Companies
Related Companies is a global real estate and lifestyle company defined by innovation and the most prominent privately-owned real estate firm in the United States.
Founded in 1972
1001-5000 employees
H1B Sponsorship
Related Companies has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (1)
2022 (2)
2020 (1)
Funding
Current Stage
Late StageLeadership Team
David Zussman
Chief Financial Officer
Jennifer Tuhy
CFO - Hudson Yards
Recent News
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