Property Manager

Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN and one of the largest publicly traded owners and operators of open-air shopping centers and mixed-use assets. Publicly listed since 2004, KRG has nearly 60 years of experience in developing, constructing and operating real estate.

Job Summary:

Based in our Corporate headquarters downtown Indianapolis, the Property Manager has day-to-day responsibility for the Net Operating Income performance of an office and retail real estate portfolio, develop strategies to maximize value of each asset through revenue enhancements, expense management and sound operational practices. Supervise external maintenance and property management personnel and must work well in a cross-functional team environment. This role has the direct responsibility to manage the budgetary functions of their properties and a fiduciary responsibility over all aspects of their respective operational responsibilities, outlined herein and is authorized, and expected, to make key decisions on a daily business (which would include; managing property operating budgets, marketing events, managing numerous vendors such as Landscapers, Maintenance, Security and Property Management individuals, managing temporary tenants, analyzing and making recommendations on tenant rent relief and tenant terminations) as it impacts the profitability of their property portfolio.

Duties and Responsibilities:

• Oversight of day-to-day property management functions through utilization of internal or external property management/maintenance resources.
• Prepare annual operating and capital expenditure budgets for each asset. Manage capital and operating expense projects.
• Act as a liaison with leasing, development, construction and accounting departments on property level matters, providing support as necessary to accomplish annual goals at each property.
• Develop and execute annual business plan for each property to include expense reduction efforts (analysis of recovery, leakage and tenant CAM caps) and revenue enhancement strategies (ancillary income opportunities).
• Recognize and manage each property's ability to meet or exceed property branding standard, appearance, cleanliness, sight lines, signage, etc.
• Understanding of tenant financials and key business decision making to improve the portfolio.
• Manage Tenant relations within the portfolio and serve as a joint venture liaison where applicable.
• Primary risk manager at the property level, interfacing with necessary internal employees and legal and insurance carriers to monitor and reduce all property level risks.
• Stays abreast of trends within the real estate industry as well as retailer world, is cognizant of changes in the investment climate, knows and understands issues impacting retailers.