Posted in Other 10 days ago.
Location: Jericho, New York
******Unless specifically contracted, resumes from recruiting agencies are not being accepted for this position.****** Reporting to the VP, Asset Management the position is a senior sub-regional leader responsible for the investment/operational strategy for a specific geographic portfolio who works closely with the regional operational department heads (property management, construction, development, finance and leasing). The position is both strategic and operational in nature supporting the development of and responsibility for the implementation of comprehensive business plans, programs, initiatives, and strategies that promote the optimization of operational and financial performance of the asset management function. The position is also the business lead for interaction between the portfolios existing tenants including their contractual issues other than renewals.
Review and negotiate requests for assignments, sublease, consents, lien waivers and lease terminations
Act as the “business lead” for tenants in legal. Work with department heads to determine and pursue optimal outcomes
Collaborate with Regional Team to establish asset strategies and business plans that maximize portfolio value
Help implement and advance initiatives supporting operating and investment goals
Partner with Leasing and Construction/ Development teams to create proformas, analyze projects requiring an investment of capital, and help prepare investment memos
Monitor tenant activity and work with Team to harness opportunities to strengthen portfolio and mitigate operating risk
Prepare monthly/ quarterly reports that bring insight into portfolio’s performance
Assist managing the portfolio’s AR and collections
Requirements:
Bachelor’s degree required; Business, Finance or Economics majors preferred, coursework in CRE is a plus
5+ years of commercial retail real estate operational and/or financial experience, preferably community shopping centers
Advanced excel skills and financial modeling experience required
Leasing and investment experience is a plus
Individual should be highly organized
Ability to work in fast-paced environment and multi-task
The expected salary range for this position is between $80,000 and $100,000. The actual compensation will be based on factors such as scope and responsibilities of the position, candidate's work experience, education/training, job-related skills, internal peer equity, market and business considerations and other factors permitted by law.
Kimco Realty is an Equal Opportunity Employer – Minority/Female/Veteran/Disability/Sexual Orientation/Gender Identity or Expression.
Kimco's mission is to create destinations for everyday living that inspire a sense of community and deliver value to our many stakeholders.
Kimco Realty® (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is North America’s largest publicly traded owner and operator of open-air, grocery-anchored shopping centers, and a growing portfolio of mixed-use assets. The company’s portfolio is primarily concentrated in the first-ring suburbs of the top major metropolitan markets, including those in high-barrier-to-entry coastal markets and rapidly expanding Sun Belt cities, with a tenant mix focused on essential, necessity-based goods and services that drive multiple shopping trips per week.
Kimco Realty is also committed to leadership in environmental, social and governance (ESG) issues and is a recognized industry leader in these areas. The company, which completed a holding company reorganization on January 1, 2023 to an Umbrella Partnership REIT (“UPREIT”), is publicly traded on the NYSE since 1991, included in the S&P 500 Index, and has specialized in shopping center ownership, management, acquisitions, and value enhancing redevelopment activities for more than 60 years. As of September 30, 2023, the company owned interests in 527 U.S. shopping centers and mixed-use assets comprising 90 million square feet of gross leasable space.
PI240092142
Salary: $80.00
|
Darby Dental Supply
|
|
Webster Bank
|
|
Kforce Inc
|
