Park Madison Property Management · 1 week ago
Property & Asset Management Associate
Nashville, TN
Full-time
Onsite
Entry, Mid Level
2+ years expPark Madison Property Management Co. is looking for a Property & Asset Management Associate with a passion for real estate investment and operations. The role involves operational oversight of a Class-A retail shopping center and future operational and analytical oversight for a portfolio of properties.
Commercial Real EstateProperty ManagementReal Estate
Responsibilities
Lead the execution of long- and short-term property goals, across a diverse set of assets, investment types, and geographic locations, beginning with a large retail center in Nashville, TN
Produce property-level operating budgets and maintain extensive financial models in Excel and Argus to evaluate leasing and financing decisions
Collaborate with accounting to prepare invoices, rent statements, financial statements and ad hoc reporting tasks as requested by senior partners, investors, lenders and joint-venture partners
Coordinate with leasing brokers to source, analyze and execute lease transactions, including preparation of lease agreements, review and execution of tenant estoppels, and evaluate tenant credit
Engage and oversee contractors and vendors concerning service contracts, work schedules, billing and insurance. Coordinate with engineering staff and maintenance staff to ensure successful operation of office and retail properties
Manage relationships with tenants, lenders, brokers, property appraisers, legal counsel, real estate tax consultants, contractors, vendors and a variety of third-party consultants
Recommend and manage value-creation strategies across the portfolio including leasing transactions, renovation and repositioning projects, densification and operating cost-saving measures
Assist in due diligence of potential acquisitions including expense analysis, lease review and underwriting assumptions and modeling review
Coordinate with tenants to deliver event programming (live music, outdoor yoga, running clubs, etc.) across one or more properties
Qualification
Required
2 to 5 years of experience in leasing, property management and/or asset management
This position will be based on-site in Nashville, TN
Tennessee real estate brokers license required (or the ability to obtain within 90 days of hire)
Proficiency in full suite of Microsoft Office products, and comfort creating presentation documents in either Word or PowerPoint
Exceptional attention to detail and ability to learn quickly
Excellent written and verbal skills
Ability to interact with clients and senior partners in a responsible and effective manner
Willingness to travel to other properties as needed (<10%)
Preferred
Experience with Yardi a plus, but not required
Company
Park Madison Property Management
Park Madison Property Management manages office and retail properties, focusing on tenant relations and property value.
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Daniel Gohari, CPA
CFO
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