Property Manager

MCB Real Estate ("MCB") is a privately held, fully integrated national real estate investment and development firm headquartered in Baltimore, Maryland. As a vertically integrated organization with in-house development, construction, and commercial property management capabilities, MCB is involved in every stage of the real estate investment lifecycle. MCB manages approximately $4 billion in real estate assets on behalf of a primarily institutional investor base.

MCB provides equal employment opportunities to all employees and applicants for employment and prohibits unlawful discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. 

Additionally, we are committed to fostering, cultivating, and preserving a culture of diversity, equity and inclusion. We embrace and encourage our employees’ differences in age, color, disability, ethnicity, family or marital status, gender identity or expression, language, national origin, physical and mental ability, political affiliation, race, religion, sexual orientation, socio-economic status, veteran status, and other characteristics that make our employees unique. 

This employment practice applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. 

JOB SUMMARY

The Property Manager oversees the financial, operational, and physical management of assigned commercial real estate properties. This role is dedicated to maximizing property value and investment returns through proactive tenant engagement, strategic financial oversight, efficient building operations, and effective lease administration. 

JOB ESSENTIAL RESPONSIBILITIES 

Financial Management

• Develop and manage annual budgets, ensuring financial targets are met.

• Coordinate NNN Reconciliations with accounting, reviewing for accuracy, ensuring a smooth recovery process.

• Review and approve payables in line with budgetary constraints.

• Partner with accounting to analyze financial reports and address budget variances.

• Monitor rent collections, resolve tenant delinquencies, and oversee default proceedings.

• Evaluate real estate tax assessments and coordinate appeals as needed with Asset Management. 

Leasing & Tenant Relations

• Support leasing efforts by providing property details and collaborating on renewals, expansions, and contractions.

• Coordinate tenant move-ins and move-outs, ensuring compliance with lease terms and property standards.

• Oversee tenant build-outs, ensuring work aligns with approved plans and regulatory requirements.

• Maintain a deep working familiarity and understanding of each Tenant’s lease, ensuring compliance with lease terms and insurance requirements.

• Foster strong tenant relationships through proactive communication and service excellence.

Facilities & Operations

• Ensure properties are well-maintained, safe, and visually appealing.

• Manage vendor contracts, oversee service providers, and ensure compliance with agreements, including insurance requirements.

• Maintain building records, site plans, lease documents, and operational guidelines.

• Oversee property inspections, maintenance activities, and emergency response planning.

• Monitor and optimize utility consumption, sustainability initiatives, and compliance with regulatory requirements while ensuring adherence to applicable ESG initiatives.

Capital Projects & Risk Management

• Identify capital improvement needs and manage projects within budget and timeline constraints.

• Develop and implement risk management strategies, including security, fire safety, and emergency preparedness and response.

• Ensure compliance with state, federal, and local safety regulations.

Stakeholder Engagement & Reporting

• Serve as the primary point of contact for tenants, vendors, and internal teams.

• Provide regular reports on property performance, tenant relations, and operational updates.

• Collaborate with asset management, leasing, and construction teams to align property strategies.

• Assist with property transitions into and out of MCB ownership/management coordinating due diligence with other internal departments, brokers and attorneys as needed.

• Education: Bachelor's degree preferred, or equivalent experience.

• Experience: Minimum of five years in commercial property management with a track record of success.

• Certifications: CPM, CFM, or RPA designation are a plus.

• Technical Proficiency: Experience with real estate software such as MRI, Yardi, Nexus, or Avid; proficiency in Microsoft Office suite.

• Project Management: Understanding of construction processes, lease administration, budgeting, and reconciliations.

• Communication & Leadership: Strong negotiation, relationship management, and problem-solving skills.

• Travel: Valid driver’s license and ability to travel between properties as needed.

PHYSICAL REQUIREMENTS

• Primarily office-based with frequent travel by car or plane for on-site property visits required.

• Ability to navigate construction sites and perform physical tasks such as light lifting (<20 lbs.) as needed.

• Required to travel outside between buildings in varying outdoor weather conditions.

• Regularly use hands to operate various office equipment and the ability to walk, talk and hear.