NEWMARK

Portfolio Manager - Property Management

NEWMARK$110K — $130K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Proven experience in commercial property/portfolio management
  • Residential financial management experience is a plus
  • Strong working knowledge of MRI and/or Yardi software
  • Demonstrated understanding of commercial leases and lease abstraction
  • Experience with budgeting and financial reporting for real estate portfolios
  • Advanced proficiency in Microsoft Excel
  • Excellent written and verbal communication skills
  • Self-motivated with the ability to work independently and manage competing priorities

Responsibilities

  • Prepare and analyze monthly financial reports
  • Develop and manage property budgets with variance analysis
  • Process and manage monthly tenant charges and billing
  • Run and interpret reports using MRI or Yardi software
  • Maintain accurate data within property management systems
  • Review, interpret, and understand residential leases
  • Complete lease abstracts capturing key terms and obligations
  • Track critical lease dates such as renewals and expirations
  • Serve as primary point of contact for tenant correspondence
  • Address tenant inquiries related to billing and property operations
  • Build and maintain positive tenant relationships for retention
  • Work independently to prioritize and resolve portfolio-related issues

Benefits

  • Opportunity to work with a diverse portfolio of commercial properties
  • Scope to utilize and enhance financial management skills
  • Exposure to advanced property management software tools
  • Collaboration with internal teams for holistic portfolio management
  • Chance to cultivate lasting relationships with tenants
Full Job Description
Job Description

We are seeking an experienced Portfolio Manager with strong financial skills to oversee a mixed portfolio of commercial properties, with residential property management experience considered a strong plus. This role requires a detail-oriented professional who can manage financial reporting, tenant relations, lease administration, and day-to-day operations across the portfolio.

Key Responsibilities

Financial Management & Reporting
  • Prepare and analyze monthly financial reports
  • Develop and manage property budgets, including variance analysis
  • Process and manage monthly tenant charges and billing

Property Management Systems
  • Run and interpret reports using MRI and/or Yardi software
  • Maintain accurate data within property management systems

Lease Administration
  • Review, interpret, and understand residential leases
  • Complete lease abstracts, capturing key terms, dates, and financial obligations
  • Track critical lease dates (renewals, expirations, escalations)

Tenant Relations
  • Serve as primary point of contact for tenant correspondence
  • Address tenant inquiries related to billing, leases, and property operations
  • Build and maintain positive tenant relationships to support retention

General Portfolio Oversight
  • Work independently to prioritize and resolve portfolio-related issues
  • Coordinate with internal teams as needed

Qualifications
  • Proven experience in commercial property/portfolio management
  • Residential financial management experience is a plus
  • Strong working knowledge of MRI and/or Yardi (running and reading reports)
  • Demonstrated understanding of commercial leases and lease abstraction
  • Experience with budgeting and financial reporting for real estate portfolios
  • Advanced proficiency in Microsoft Excel
  • Excellent written and verbal communication skills
  • Self-motivated with the ability to work independently and manage competing priorities

About NEWMARK

Newmark designs, builds and sells single-family homes in five major markets within the Southwest and Southeast United States, including Houston, Austin, Dallas/Fort Worth, Miami/Ft. Lauderdale and, most recently, Nashville. Each of these markets has experienced population and job growth above the national average over the past several years. The Company operated in 49 subdivisions in these metropolitan areas, and had 444 homes under construction at December 31,1997. In addition, as of December 31, 1997, the Company owned or had under option contract 2,020 lots available for future growth. The Company is also actively engaged in residential land acquisition and development, which enables it to provide lots for its homebuilding operations.

NEWMARK Careers

Joining NEWMARK offers a unique opportunity to become part of a dynamic team that drives innovation and leadership in the industry. NEWMARK, a leader in its field, is renowned for fostering professional growth and embracing diversity through comprehensive diversity training programs.

Explore Job Opportunities

NEWMARK is constantly seeking skilled professionals eager to contribute to a team that values innovation and expertise. With a variety of job opportunities available, candidates can find positions that match their skills and career aspirations. NEWMARK is committed to hiring top talent to maintain its status as an industry leader.

Experience Professional Growth

At NEWMARK, career growth is not just a possibility, but a priority. The company supports its team members with resources and opportunities to advance professionally. Through targeted leadership programs and regular skills development workshops, employees at NEWMark are equipped to take on new challenges and elevate their careers.

Internship Programs

For those starting their careers, NEWMARK’s internship programs offer a gateway into the industry with hands-on experience and valuable networking opportunities. Interns at NEWMARK gain insights into the company’s operations and contribute to meaningful projects, setting a solid foundation for future employment.

Cultivating a Diverse and Inclusive Culture

NEWMARK is dedicated to creating an inclusive environment where diversity is celebrated. The company’s commitment to diversity training ensures that all team members feel valued and understood. NEWMARK’s culture is one of its greatest strengths, fostering a workplace where innovation thrives through diverse perspectives.

Benefits and Perks

Employees at NEWMARK enjoy a comprehensive benefits package that supports both their professional and personal lives. From health and wellness programs to flexible working arrangements, NEWMARK ensures that team members have what they need to succeed.

Join the NEWMARK Team

NEWMARK is actively hiring and looking for individuals who are passionate, curious, and driven. Explore open positions, submit a resume, and prepare for an interview process designed to identify true potential. NEWMARK values solution-driven team players who are ready to contribute to the company’s success.

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251 employees
Industry

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