Job Posting

Vice President Property Operations – Fort Worth, TX

Overview

The Vice President of Operations is responsible for: helping devise and ultimately implementing operational initiatives for each of the company’s properties; leading and supporting Trademark’s on-site and corporate level property management teams; structuring and supporting efforts for the collection and reporting of accounts receivable; supporting budgeting processes; implementing corresponding systems and processes; and further advancing related operational initiatives, focused on the advancement of the company’s goals and its team members. As a member of the leadership team, the Vice President of Operations will champion company culture at both the corporate and property levels, while ensuring that operational and brand standards are met or exceeded. This position serves as the project leader for transitions, coordinates new property onboarding/training, and serves as a key member of the sustainability team.

Specific Areas of Responsibility:

  • Oversee and support property management and other operational matters to ensure compliance with Trademark standards and contractual obligations and to ensure alignment with operational goals, while driving consistency; provide direction and recommendations; includes regular and ad hoc property visits.
  • Oversee and support performance by (and development of) corporate and on-site property management teams, including results, interpersonal/team matters, skills and proficiencies (identifying and filling “gaps”), and personal and professional development.
  • Implement and maintain systems and processes for management, collection, assessment, and reporting of accounts receivable, including anticipation of potential issues; oversee employees participating in collections processes, including providing specific direction and recommendations.
  • Support processes for establishing and meeting property-level business plans and budgets, including both operational line items and capital projects and expenses.
  • Collaborate with company leadership and various departments regularly to maximize value and profits and establish best practices for operations, including: identifying, evaluating, implementing, and maintaining best-in-class operational systems and processes; structuring applicable personnel; and taking advantage of opportunities to leverage synergies, improve processes, and resolve outstanding issues.
  • Lead portfolio programs (for example, Kingsley tenant surveys, GRESB and other ESG benchmarking, audits, best practices) and recommend action plans for any gaps exposed.
  • Assume primary responsibility for onboarding new properties, including structuring and leading internal teams and developing and implementing processes and procedures to facilitate transitions; structure, manage, and support transition relationships at multiple levels of related organizations; assume primary responsibility for transition relationships at highest level.
  • Materially support sustainability initiatives, with a particular focus on environmental initiatives.
  • Participate with industry organizations and speak at industry conferences, webinars, and panels to enhance leadership and company presence.
  • Perform ad hoc and special projects as needed and assigned.

Requirements

  • Ten+ years of applicable experience in commercial operations/property management, including oversight and development of on-site and off-site teams, with a strong preference for experience within mixed-use retail shopping center environments.
  • Bachelor’s degree.
  • Excellent interpersonal skills and leadership qualities with a proven track record of staff development and mentorship.
  • Proven financial acumen and experience preparing and interpreting monthly financial packages.
  • Experience creating and executing annual property operating budgets and capital budgets.
  • Excellent verbal and written communication skills and track record of established relationships with coworkers, clients, and vendors.
  • MS Office suite proficiency.
  • CSM/CPM or other similar industry designation a plus
  • Must be available to travel as needed.

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Development Associate - Fort Worth, TX

 

Title: Development Associate

Reports to: Managing Director – Development

Location: Fort Worth, Texas

Overview

This position will provide support in evaluating new mixed-use development projects in Dallas-Fort Worth, Austin and Houston and select institutional redevelopment opportunities. Candidate should possess strong organizational skills and the ability to handle multiple projects. The candidate should demonstrate a high level of integrity and reliability and a strong work ethic. A successful candidate in this role will gain the experience to become a mixed-use developer at Trademark and will receive project-level equity in each project that they make a major contribution on sourcing and/or executing on the development.

Specific Areas of Responsibility

  • Support development and research team in sourcing and analyzing new mixed-use and redevelopment projects.
  • Establish and maintain relationships with brokers, retailers and capital partners on new development opportunities.
  • Review due diligence materials, provide feedback and recommendations, and work with project team to resolve issues that affect the development plans. Route reports to appropriate third parties for review and approval.
  • Develop and monitor project budgets, cash flow analysis, and pro-formas for mixed use development projects (including land development, retail, residential, multi-family and office) using Argus and Excel.
  • Prepare and compile due diligence materials, budgets, and financial models to identify strengths and weaknesses of proposed projects.
  • Works closely with the development team, legal team, leasing team, 3rd party consultants (surveyor, title companies, contractors, suppliers, etc.) and city officials to monitor and expedite the Development process.
  • Assist in management of project budget and monthly reporting of budget status.
  • Helps coordinate and process contracts and approvals following company contracting policy and department procedures.
  • Review, route for approval and process all contract/consultant related invoices via company accounting system.
  • Prepare monthly lender draw requests after verifying compliance with loan documents and inspector’s report.
  • Assist senior level team members in document/presentation creation, revisions and distribution, e.g. investment committee packages, debt and equity solicitation packages,
  • Perform a variety of organizational tasks, including but not limited to, preparation and distribution of correspondence, calendar and scheduling, and meeting coordination.
  • Ensures that site files are organized, maintained and updated via document management system.
  • Helps communicate, implement and monitor the department policies and procedures.
  • Collaborate with other teams to perform ad-hoc tasks, including Asset Management, Investments, Construction, Leasing, Accounting, Property Management, and Marketing.

Qualifications

  • Bachelor’s degree with preference given to Finance, Construction Management or other professionally recognized equivalent discipline.
  • Minimum of 3 years of experience in relevant industry work with preference given to real estate development.
  • Knowledge of DFW, Austin and Houston real estate markets and key players in each market.
  • Experience in mixed-use underwriting helpful but not required.
  • Working knowledge of zoning matters, civil and architectural design documents.
  • Strong analytical and problem-solving skills with the ability to collect, manage, and analyze information.
  • Ability to take initiative and ownership of projects and processes.
  • Strong interpersonal, oral and written communications skills required.
  • Good organizational and time management skills.
  • Ability to work under pressure and coordinate numerous activities.
  • May perform other related duties as required to meet the ongoing needs of the organization.
  • Candidate must be enthusiastic, creative, flexible and have strong technical aptitude.
  • Experience in creating and managing information and reports through Microsoft Excel and PowerPoint or other presentation software.
  • Proficiency in Argus and Microsoft Office (Word, Excel, PowerPoint and Outlook).
  • Exposure to Adobe Creative Suite (Illustrator, Photoshop, InDesign, etc.) a plus but not required.
  • Knowledge and experience with Microsoft Project, Sage. (Preferred)

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