Real Estate Portfolio Manager - Huntington National Bank
Columbus, OH
About the Job
Description
Summary:
The Real Estate Portfolio Manager will manage an existing portfolio of bank owned/leased & occupied real estate properties including retail, office, bank tenants and ATM sites within assigned market. Additionally, assist with or lead market searches and negotiate deals for new sites for retail and corporate lines of business as needed – interact with regional leadership as requested. Duties & Responsibilities:
+ Market excess space either direct or through broker as needed and serve as main POC for tenant relationships within assigned markets and resolve any issues that arise Perform financial analysis on all transactions, adhere to budge constraints and participate in forecasting expenses with lease administration.
+ Negotiate terminations as required.
+ For leased properties, responsible for executing renewals against expiration dates both direct with landlords or through a broker, reviewing and resolving any property issues and negotiation of terms with the landlord, and helping to enforce the requirements of the lease as they benefit Huntington.
+ For owned properties, assist to resolve any issues relative to easements or miscellaneous issues that arise. Assist Lease Administrator in collection of past dues rents and other charges from 3rd party tenants.
+ Other duties as assigned
+ Additionally, assist with or lead market searches and negotiate deals for new sites for retail and corporate lines of business as needed – interact with regional leadership as requested.
This is an in office position located at 5555 Cleveland Ave, Columbus, Ohio, or possible hybrid work schedule.
OTHER: Travel 15-20%
Basic Qualifications:
+ 5 or more years of experience with managing a commercial real estate portfolio which includes leased, and owned properties. (not residential or apartment complex real estate)
+ 5 years of negotiating commercial real estate deals
+ Bachelor's Degree
Preferred Qualifications:
+ Must be able to prepare and edit LOIs and work with legal to review and edit leases and purchase agreements.
+ Must possess and demonstrate strong communication (written and oral) and negotiating skills
+ Proven track record in the commercial real estate area with at least 5 to 7 years’ experience, firm working knowledge, understanding and interpretation of commercial lease terminology and all legal document language
+ Must understand how to assess a market and perform site searches for retail opportunities
+ Should be able to read surveys, understand title work and closing packages as well as all legal documents pertaining to a property closing and understand and apply general commercial real estate terminology
#LI-Office
#LI-PB1
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Yes
Workplace Type:
Office
Huntington is an equal opportunity and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Agency Statement: Huntington does not accept solicitation from Third Party Recruiters for any position
Summary:
The Real Estate Portfolio Manager will manage an existing portfolio of bank owned/leased & occupied real estate properties including retail, office, bank tenants and ATM sites within assigned market. Additionally, assist with or lead market searches and negotiate deals for new sites for retail and corporate lines of business as needed – interact with regional leadership as requested. Duties & Responsibilities:
+ Market excess space either direct or through broker as needed and serve as main POC for tenant relationships within assigned markets and resolve any issues that arise Perform financial analysis on all transactions, adhere to budge constraints and participate in forecasting expenses with lease administration.
+ Negotiate terminations as required.
+ For leased properties, responsible for executing renewals against expiration dates both direct with landlords or through a broker, reviewing and resolving any property issues and negotiation of terms with the landlord, and helping to enforce the requirements of the lease as they benefit Huntington.
+ For owned properties, assist to resolve any issues relative to easements or miscellaneous issues that arise. Assist Lease Administrator in collection of past dues rents and other charges from 3rd party tenants.
+ Other duties as assigned
+ Additionally, assist with or lead market searches and negotiate deals for new sites for retail and corporate lines of business as needed – interact with regional leadership as requested.
This is an in office position located at 5555 Cleveland Ave, Columbus, Ohio, or possible hybrid work schedule.
OTHER: Travel 15-20%
Basic Qualifications:
+ 5 or more years of experience with managing a commercial real estate portfolio which includes leased, and owned properties. (not residential or apartment complex real estate)
+ 5 years of negotiating commercial real estate deals
+ Bachelor's Degree
Preferred Qualifications:
+ Must be able to prepare and edit LOIs and work with legal to review and edit leases and purchase agreements.
+ Must possess and demonstrate strong communication (written and oral) and negotiating skills
+ Proven track record in the commercial real estate area with at least 5 to 7 years’ experience, firm working knowledge, understanding and interpretation of commercial lease terminology and all legal document language
+ Must understand how to assess a market and perform site searches for retail opportunities
+ Should be able to read surveys, understand title work and closing packages as well as all legal documents pertaining to a property closing and understand and apply general commercial real estate terminology
#LI-Office
#LI-PB1
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Yes
Workplace Type:
Office
Huntington is an equal opportunity and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Agency Statement: Huntington does not accept solicitation from Third Party Recruiters for any position
Source : Huntington National Bank
