Job Posting

Leasing Representative

Overview

Title: Leasing Representative

Compensation: TBD

Reports to: Senior Vice President of Leasing

Direct reports: TBD

Overview

Ideal candidate would possess a background in leasing multiple retail project types. Candidate would also have strong relationships with local and national retailers, restaurants, and brokers.   Candidate should be able to help lead initiatives, evaluate potential projects and have strong negotiating and interpersonal skills. Candidate should demonstrate a high level of energy, integrity, intellect and a strong work ethic.  Candidate should be a self-starter who is willing to help out wherever needed.  Other key attributes necessary for the position: able to communicate clearly to co-workers, consultants, and partners, delivering well-reasoned and cost-effective solutions in a timely manner while balancing multiple priorities.  Common sense, high-level problem-solving skills, and attention to detail are required. Some travel is required for site visits to development projects, broker offices, and retailer visits.

Specific areas of responsibility would include:

  • Lease existing or vacant space within an assigned portfolio.
  • Coordinate the entire leasing process from prospect to lease execution.
  • Proactively canvass markets to engage new tenants and find the best of the best local/regional/national retailers and restaurants.
  • Negotiate and finalize letters of intent and leases and ensure that appropriate approvals are obtained.
  • Maintain accurate and up-to-date data on all deals within deal tracking program.
  • Implement custom, detailed marketing programs to assist in leasing of properties.
  • Work with Tenant Services to negotiate landlord’s and tenant’s work exhibits for lease documents.
  • Supervise and manage 3rd party brokerage companies and other consultants, as needed.
  • Assist acquisitions and development in the underwriting of new project opportunities.
  • Focus on the sourcing of new business by building and cultivating industry relationships.
  • Know and track all variables of sub-markets for assigned properties including property owners, who is buying/selling/leasing, past/current/average prices, annual property leases, factors affecting value and how transactions are being structured and all building within the territory.
  • Work with Senior Vice President of Leasing to ensure adherence to overall company policies, procedures and use of internal resources.
  • Establish lasting client relationships.

Qualifications:

  • Bachelor’s or Masters Degree in Real Estate, Finance, Business Management, Marketing or related field.
  • Three or more years of applicable experience in retail leasing.
  • Experience with lease negotiations and Tenant relations.
  • Ability to work well under pressure and balance multiple priorities.
  • Strong interpersonal, oral and written communications skills required.
  • Priority setting, decisiveness, organization and time-management skills
  • Team oriented, personal achievements and leadership roles in background required.

Qualified candidates please send your resume to dgoldware@trademarkproperty.com

More Positions

Vice President, Construction & Development

Title: Vice President, Construction & Development

Reports to: EVP, Development

Ideal candidate would possess a background in diversified areas of the construction industry with specific knowledge of mixed-use and multifamily developments. Candidate should demonstrate a high level of integrity reliability and a strong work ethic. Candidate should understand the big picture of the construction environment as well as understand the technical details of an individual task.  Candidate should understand the financial aspects of the development process and be able to act as either a construction manager or a liaison between Trademark and the project manager.  Travel to projects is required.


Specific Areas of Responsibility

  • Provide upper management level supervision, training, mentorship, and job assignments to development / construction personnel.
  • Lead the oversight of all construction development projects and due diligence, to include all ground up construction projects and redevelopments.
  • Work as part of the Development and Asset Management team’s in order to evaluate the viability of projects prior to acquisition with primary job responsibilities to include: preliminary design and building programming, general contractor sourcing, construction estimate evaluation, and overall project feasibility relating to construction and implementation.
  • Assemble and oversee a project team to include an onsite project manager, architect/engineers, and general contractor.
  • Work closely with the Finance to underwrite new development opportunities including construction cost estimates, local permit and fee costs.
  • Work with the Investments team to prepare informational packages for the internal Investment Committee as well as Offering Memoranda for equity partners and outside lenders.
  • In coordination with the VP Design & Construction, review civil and architectural design plans to drive quality and cost effectiveness.
  • Prepare, maintain and monitor construction project budgets and prepare monthly project construction reports.
  • Detailed Knowledge of Construction contract types.
  • Review and approve all pay applications for department.
  • Interview, evaluate, recommend and supervise architectural, engineering, civil, geotechnical, and environmental consultants.  Evaluate general contractors and control the bid process to make ultimate recommendation.
  • Develop a cost-effective plan and schedule for completion of project within the time and monies allocated.
  • Responsibility for all appropriate permitting and licensure.
  • Review and analyze environmental testing.
  • Review title exceptions and survey documents.
  • Monitor critical construction lease dates.
  • Understanding construction lending process.
  • Fiscal accountability for all projects.
  • Stay current on emerging construction types and trends.

Qualifications

  • Bachelor’s degree with preference given to either Engineering, Architecture, Construction Management, Design or Construction Science Business degree.
  • Ten years or more of supervising construction projects of increasing complexity with a minimum of five years in the retail industry.
  • Demonstrated ability to be the Owner’s Liaison with GC’s, subcontractors, utilities, municipal officials, and institutional clients and partners.
  • Ability to manage budgets and schedules with an extreme attention to detail.
  • Strong working knowledge of retail construction and construction documents.
  • Background in reviewing architectural and engineering drawings to ensure that all specifications and regulations are being followed.
  • Expertise in developing a cost-effective plan and schedule for completion of projects with a logical process for utilization of resources.
  • Ability to work under pressure and coordinate numerous activities and groups of people who need to cooperate to achieve maximum efficiency.
  • Strong interpersonal, oral and written communications skills required.
  • Candidate must be enthusiastic, creative, flexible and a have strong technical aptitude.
  • Knowledge and Experience with Procore, AutoCAD (Preferred), Bluebeam or similar editing software.

 

View Complete Job Post

Development Manager

Title: Development Manager

Compensation: Based on Experience and Qualifications

Reports to: SVP Multi Family and EVP Development

The Development Manager will hold a key position in the company.  This individual will be responsible for planning, processing, and facilitating new multifamily developments from initial pursuit to the disposition of the assets for Trademark.  The person chosen will enjoy a significant amount of autonomy and be expected to live up to high personal and professional standards.  The candidate should understand the financial aspects of the development process and learn the Trademark methodology.


Essential duties and responsibilities include, but are not limited to, the following:

Strategic Development & Innovation:

  • Present viable development opportunities to the multifamily partner.
  • Ensure that the development checklist and process is followed.
  • Managing each development through its various approval stages; working closely with all consultants, construction, and property management throughout this process.
  • Establish and maintain community, political, and vendor relationships.
  • Writing/presenting reports to internal committees, investors, lenders, and partners.
  • Management of the entitlement process (permitting, zoning, etc.), including responsibility for obtaining all permits necessary to start a project on time.
  • Interface with marketing, contractors, consultants, City/County officials and other governmental entities, economic development, as well as customers and brokers.
  • Coordinate preliminary design based on desired projects.
  • Conduct design review meetings with all design consultants.
  • Establish and manage the multifamily schedule.
  • Conduct due diligence in the form of data gathering and interpreting market information.
  • Analyze and recommend value engineering opportunities.
  • Finalize site and building design and pricing/sub-bids.
  • Refine development budgets, schedules, and market assumptions for the financial modeling.
  • Site planning for yield analysis.
  • Review and approve monthly invoices from consultants and vendors.
  • Coordinate with marketing to manage corporate public strategy.
  • Assist in obtaining tax abatements and other available incentives.
  • Negotiate easements and other on and off-site issues.

Financing:

  • Underwrite new potential development opportunities.
  • Coordinate recertification of surveys, geotechnical report, and environmental reports, as required. Develop relationship with Lender inspector.
  • Track and complete post-closing issues as require.

Construction:

  • Management of the Construction process, start to finish.
  • Finalize pricing/ bids into the schedule of values as the basis for contract amount.
  • Review and finalize the construction contract.
  • Attend weekly job meetings and monitor job progress.
  • Maintain City relationship through construction process.
  • Facilitate owner decisions promptly.
  • Negotiate utility connections, relocations, and costs.
  • Review and approve sub-contractor buy-out recommendations.
  • Review and process monthly draw, reforecast, and contractor pay applications.
  • Update the Development Cost Summary monthly.
  • Conduct post-construction lesson learned discussion.
  • Produce monthly variance and cost reports, approve updates and then ensure they are loaded into the system.

 

Qualifications:

  • Bachelor’s Degree required; specifically, in Construction Management, Finance, Engineering, Real Estate Development, or a related design/planning field with appropriate experience. MBA or equivalent experience preferred.
  • New project entitlement leadership, including direct coordination with municipal and community stakeholders.
  • Minimum of 5 years of experience in the development of multifamily projects.
  • Travel to development projects is required.
  • This individual should be familiar with all phases of the entitlement, development, construction, and lease-up processes and have an in-depth, working knowledge of the financial analysis side of the real estate business.
  • Versatility; a willingness to do what is required for the success of the project.
  • Characterized as self-starter, detail-oriented, organized, and disciplined.
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Financial Analyst – Development and Acquisitions

Title: Financial Analyst–Development and Acquisitions
Location: Fort Worth, Texas
Compensation: Based on Experience and Qualifications
Reports to: TBD

Job Description

Trademark Property Company is looking for a financial analyst our Investments and Development teams with a primary focus on underwriting acquisition, development and redevelopment opportunities for mixed-use projects throughout the US. Ideal candidate would possess a BBA or MBA in finance and have a desire to develop their career within the commercial real estate industry.  Candidate should be enthusiastic and have a high energy level.  Candidates should desire a dynamic work environment and be willing to assist wherever needed. Candidates must be proficient in Microsoft Office with exceptional financial modeling skills.

Competencies

  • Perform due diligence and underwriting of prospective acquisitions and developments.
  • Assemble complex financial models that project the potential financial performance of mixed-use projects – primarily retail, office and multi-family.
  • Assist in preparation of project underwriting presentation packages to present to the Company’s executive team, lenders, and investors
  • Perform risk analyses as it relates to development, occupancy, and net operating income, including break-even analysis, lease-up assumptions, market demand, supply, net effective rents, occupancy rates, expenses, and capitalization rates
  • Research specific real estate markets and assess market data and trends
  • Leverage industry knowledge to evaluate retail tenant credit risk and draw conclusions as to the overall potential impact to NOI and cap rate
  • Collaborate with leasing, construction and development teams to develop pro-formas for various redevelopment opportunities.
  • Review and monitor “at risk” retail tenants (sales kick-outs, co-tenancy, early termination rights, etc).
  • Research and interpret complex lease provisions.
  • Analyze prospective tenant financial statements.
  • Help finance group obtain and restructure debt and equity financing.
  • Develop and maintain corporate “Equity Build” analysis
  • Ensure compliance with debt and equity reporting guidelines.
  • Various other financial analyses as directed.

Qualifications/Experience

  • College degree (Finance degree preferred).
  • Strong interpersonal, oral and written communications skills required.
  • Some travel required.
  • Strong executive presence required.
  • Real estate experience a plus.
  • Argus experience a plus.
  • Candidate must be enthusiastic, intelligent, creative, flexible, have a great attitude, have strong technical aptitude and a desire to understand real estate investment processes.
  • Ability to work under pressure and coordinate numerous activities and groups of people who need to cooperate to achieve maximum efficiency.

 

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