Career Opportunities

• Asset Manager - Houston, TX

  BH Properties, a Los Angeles based private real estate investment company with additional offices in Phoenix and Dallas is seeking to hire an experienced, Texas-based, Asset Manager comfortable in office, industrial and retail properties located throughout the state. The candidate will ideally be based in Houston, TX. The role, reporting to its Senior Asset Manager located in Dallas and supported by property and construction management personnel, will play an integral role in maximizing cash flow through identifying operational efficiencies and leasing.

  The successful candidate will join a dynamic and growing company with a substantial presence throughout the state of Texas.  The role is highly visible, both internally and externally, requiring skills and experience in leadership, management, and communication.

  Responsibilities:

  • Maximize the total return for each asset through implementing operational efficiencies and identifying value-add and revenue enhancement strategies
  • Work closely with third party property managers, leasing agents, brokers, consultants, and attorneys to provide direction for, and oversight of, business plans, annual budgets, lease analysis and approvals.
  • Actively participate in the negotiation of new leases and renewals both in-house and through third party leasing brokers
  • Perform routine property inspections to ensure property and vacant suites are show ready.
  • Prepare monthly, quarterly, and annual portfolio reporting for review by the company’s senior management team
  • Negotiate third party contracts and oversee implementation of capital improvement and ‘value-add’ projects identified within the portfolio.
  • Work with the financial analyst staff to perform valuations of each asset on a quarterly and annual basis.
  • Develop and implement strategic business plans for each asset that will govern its daily operations and position in the marketplace.
  • Manage the capital improvement strategies and processes, including oversight of construction management activities.
  • Perform ad-hoc analysis of potential issues while developing strategies to manage conflicts.
  • Monitor regional economic and investment trends to identify changes that could impact real estate values and strategy.
  • Work collaboratively with Company acquisition team members in evaluating potential investments and opportunities.

  Knowledge / Skill Requirements:

  • BA/BS degree in finance, real estate or related field with a strong record of academic achievement; graduate degree preferred.
  • The candidate will likely have had a minimum of 5-7 years of commercial real estate asset management, principal-based leasing, and / or related experience in Texas.
  • Experienced in financial analysis, understanding of asset level financial statements, and possess a demonstrated level of experience in lease management and metrics for office, retail and industrial properties
  • Knowledge of real estate accounting combined with strong analytical skills.
  • Knowledge of design and construction process
  • Experienced in MS Excel, Argus is a plus
  • Must be highly organized, detail oriented, and able to manage multiple and concurrent projects to achieve goals.
  • Comfortable in a collaborative team-oriented environment
  • Exceptional communication and interpersonal skills
  • 30% Travel

  Compensation:

  We offer an excellent compensation package along with a chance to grow and develop with a well-capitalized, privately held, entrepreneurial investment group understanding that it is not just a job, but a career.  For immediate consideration please submit your resume with salary requirements.  Resumes submitted with salary requirements will be considered a priority.

• Internal Auditor - Remote

  A privately held commercial real estate investment firm focused on the value-add acquisition of office, industrial, retail, and multi-family properties throughout the Western United States is seeking an exceptional Internal Auditor to join our team remotely during standard Pacific Time business hours.

  Reporting Responsibility
  The Internal Auditor will report functionally to the Chairman & CEO and administratively to the Senior Managing Director.

  Duties

  • Plan and conduct operational, compliance and financial audits which may include reviewing internal controls, business processes, company policies and procedures, vendor contracts, leases, documents, and records
  • Identify and document deviations, exceptions, improvements in internal controls, opportunities for efficiencies, cost reduction and/or quality improvement as well as the associated business risks
  • Provide recommendations to address audit findings
  • Coordinate the preparation of reports summarizing audit findings and recommendations including identification of risks and impact on business processes
  • Recommend methods to be followed in the conduct of audits, activities to be examined and the extent of examination
  • Document business processes and test for existence and effectiveness of controls
  • Prepare periodic status reports and summary of audit findings to senior management
  • Coordinate with external auditors on assigned projects
  • Prepare financial and other analyses as assigned
  • Complete other projects as assigned

  The ideal Candidate will possess the following:

  • Accounting Degree required
  • Graduated Cum Laude or better
  • At least 2 years of public accounting experience and real estate industry experience required
  • CPA license
  • Solid organizational skills, including the ability to prioritize and multi-task
  • Working knowledge of Microsoft Office Suite, including Word, Excel, PowerPoint and Outlook
  • Ability to communicate effectively and professionally

  Compensation
  We offer an excellent compensation package, an exciting opportunity, and the chance to grow and develop with a well-capitalized entrepreneurial investment group. For immediate consideration please submit resume with salary expectations. Resumes submitted with salary requirements will be considered first.

• Real Estate Analyst - Remote

  BH Properties, a Los Angeles based private real estate investment company (“Company”), is seeking to hire a Real Estate Analyst to work remotely. This role will have exposure across the investment platform, representing an exciting opportunity for an aspiring Commercial Real Estate professional to broaden and refine their experience.

  The role will join a dynamic and growing Company to provide analytical support to the Acquisitions team across a diverse spectrum of investment opportunities ranging from distressed debt, bankruptcy acquisitions, recapitalizations and value-added deals on investments nationwide and in various parts of the capital stack. Additionally, the role will work closely with Company Acquisition Officers along with having exposure to Company senior management.

  The Company is entrepreneurial by nature and looking for a motivated, self-starter that thrives in a fast-paced, transaction-oriented environment.

  Core responsibilities include:

  • Assist with the analysis of investment opportunities including market analysis, cash flow and financial modeling, benchmarking sponsorship underwriting and analyzing debt among a wide range of potential outcomes
  • Review, analyze and reconcile financial reports, including income statements, balance sheets, and cash flow statements
  • Assist in the gathering, coordination and review of due diligence materials for prospective investments including sales and lease comps, leases, rent rolls, loan documents, LLC documents, title and survey, and third-party reports
  • Assist in the preparation of asset-level investment recommendations to senior management, identifying elements of risk and reward
  • Research new opportunities and market segments
  • Other ad hoc duties as assigned

  Candidate Minimum Requirements:

  • 2-5 years of experience in real estate asset management and/or acquisitions. Hospitality experience a plus
  • Comfort and proficiency in underwriting and analyzing real estate debt opportunities
  • Advanced Excel modeling skills required
  • Strong quantitative skills and demonstrated analytical and problem-solving ability
  • Strong organizational, time management, verbal and written skills
  • Strong desire to succeed and ability to work effectively with minimal oversight, while functioning in a team environment
  • Ability to generate high quality, error-free work product for internal and external distribution on tight deadlines with minimal oversight
  • Unquestionable integrity and ethics
  • Passion for commercial real estate and desire to grow with an exceptional team
  • Graduated cum laude or better with bachelor’s degree in Real Estate, Finance and/or Accounting
  • MBA preferred

  Compensation
  We offer an excellent compensation package, an exciting opportunity, and the chance to grow and develop with a well-capitalized entrepreneurial investment group. For immediate consideration please submit resume with salary expectations. Resumes submitted with salary requirements will be considered first.

• Regional Lead Maintenance Manager - Phoenix, AZ

  Reporting Responsibility

  The Regional Lead Maintenance Manager will report to the Senior Asset Manager and Property Manager.

  Duties

  • Supervise Maintenance Technicians upon instruction of the Senior Asset Manager and Property Manager.
  • Minor property maintenance and repairs including, but not limited to, plastering, painting, plumbing, carpentry, mechanical, and electrical
  • Management of maintenance programs and scheduling of third-party inspections for building infrastructure, e.g., fire life safety, HVAC, electrical, elevators, etc.
  • Scheduling and completion of work orders for general maintenance and repairs
  • Preparation of purchase orders for projects as needed
  • Coordination and monitoring of vendor or outside contractor progress as needed
  • Daily property inspection and the reporting of any needed repairs to the Senior Asset Manager and Property Manager
  • Inspection of building equipment and provision of preventative maintenance services
  • Maintenance of inventory levels of maintenance equipment supplies
  • Completion all paperwork daily or as required by Property Manager
  • Response to after-hours and weekend maintenance emergencies as needed

  The ideal Candidate will possess the following:

  • Minimum of one year managing maintenance technicians
  • Minimum of five years of general maintenance experience
  • HVAC certification preferred
  • Ability to negotiate service contracts and minor construction contracts
  • Basic computer skills
  • Good time management skills
  • Ability to communicate effectively and professionally internally within the organization and externally with tenants, vendors, and other outside parties
  • Must possess strong work ethic
  • Yardi work order experience a plus

  Compensation:

  BH Properties offers an excellent compensation package, an exciting opportunity, and the chance to grow with a well-capitalized, entrepreneurial company.  For immediate consideration please submit resume with salary expectations. Resumes submitted with salary requirements will be considered first.

• Retail Acquisitions Associate - Los Angeles, Orange County & Phoenix Arizona

  BH Properties (“Company”), a Los Angeles based private real estate investment company is initially seeking three Retail Acquisition Associates focused on (1) Los Angeles (and north), (2) Orange County (and south) and (3) Phoenix, Arizona.   These roles provide a unique opportunity for an aspiring CRE professional to broaden their experience through association with a leading principal-based investor.

  Each Consultant will participate with a dynamic and growing Company to source potential retail acquisition opportunities which may include distressed debt.   Additionally, the role will work closely with Senior Managing Directors of acquisitions and have direct exposure to senior management.

  The Company is entrepreneurial by nature and looking for a motivated, self-starter that thrives in a fast-paced environment, able to integrate with management and acquisitions teams.

  Core responsibilities include:

  • Sourcing potential ‘non-listed’ retail acquisition opportunities using industry tools to identify retail investors within targeted markets, creating a pipeline of potential targets
  • Comfortable with ‘cold-calling’ to generate a pipeline of potential retail acquisition opportunities pursuant to Company guidelines
  • Assist in the gathering, coordination and review of due diligence materials for prospective acquisitions
  • Assist senior staff members in the preparation of asset-level recommendations for investment to senior management
  • Work along with senior staff members in researching new opportunities and market segments
  • Other ad hoc duties as assigned

  Candidate Minimum Requirements:

  • Minimum of 2 years of experience in real estate brokerage or investment sales with a focus on the retail sector
  • Experience in target market research and sourcing techniques
  • Experience in underwriting and analyzing the basic elements that create compelling investment characteristics
  • Demonstrated analytical and problem-solving ability
  • Strong organizational, time management, verbal and written skills
  • Experience with Customer Relationship Management (‘CRM’) software
  • Strong desire to succeed and ability to work effectively with minimal oversight, while functioning in a team environment
  • Unquestionable integrity and ethics
  • A bachelor’s degree in Real Estate Finance, Accounting or Economics

  Compensation

  As a Consultant, the role will be structured as a 1099 Agreement. We offer an excellent compensation package, an exciting opportunity, and the chance to grow and develop with a well-capitalized entrepreneurial investment group.

• Senior Construction Manager - Los Angeles, CA

  Company Description
  A privately held Real Estate Company headquartered in Los Angeles, California with a diversified national portfolio of industrial, office, retail and multi-family assets is seeking a highly organized, well rounded, and self-motivated Senior Construction Manager. This position will be based in the Los Angeles office.

  Job Description
  The Senior Construction Manager will be an integral part of the management team, responsible for bidding out, scheduling and supervising construction projects. They must have experience with commercial tenant improvements, shopping center renovations, and capital improvements. No ground up experience necessary.

  Duties and Responsibilities:

  • Oversee tenant and capital improvements
  • Obtain bids from multiple contractors and vendors
  • Monitor construction from start to finish while keeping in budget
  • Bid, negotiate, and supervise contracted services for assigned properties
  • Ensure competitive bidding process for vendor required services
  • Participate in regularly scheduled construction status meetings with detailed and accurate information
  • Understand contracts, leases and leasing objectives
  • Manage tenant relationships
  • Some travel required

  
  Requirements:

  • Bachelor’s degree
  • Minimum of 7 years of hands-on commercial construction and property management experience
  • Strong communication skills with both internal & external customers and at all levels within the organization
  • Ability to initiate bid requests, vendor and contractor management
  • Ability to present self and company in a professional manner in all communications and actions
  • Solid time management skills with the ability to prioritize, organize and successfully balance multiple tasks and requests
  • Must be able to exhibit initiative and work independently
  • Must have a strong work ethic and ability to work in a fast-paced environment
  • Must be a team player and work well with Senior Management, tenants, contractors and other daily contacts
  • Contractor License a plus

   

  Compensation
  We offer an excellent compensation package, an exciting opportunity, and the chance to grow and develop with a well- capitalized entrepreneurial investment group.

  For immediate consideration please submit resume with salary requirement. Resumes submitted with salary requirements will be considered first.

• Senior Property Manager - Phoenix, AZ

  A privately held commercial real estate investment firm focused on the value-add acquisition of office, industrial, retail, and multi-family properties throughout the Western United States is seeking an exceptional Property Manager to join our Phoenix, AZ team. The candidate will be a key participant in the property management process, managing buildings, problem solving and documentation.

  Reporting Responsibility

  The Senior Property Manager will report to the Senior Asset Manager.

  Duties

  • Conduct periodic property visits and inspections to make sure properties are well-maintained and building systems are fully functional
  • Establish and maintain positive relationships with tenants, addressing tenant concerns as well as ensuring compliance with the requirements per the lease agreement
  • Establish and maintain positive vendor relationships
  • Troubleshoot issues, identify areas that need attention or improvement, and make recommendations or provide solutions
  • Oversee projects directed by the Senior Asset Manager, Executive Managing Director, President, and/or the Chairman & Chief Executive Officer
  • Assist leasing team and broker during lease negotiations regarding tenant improvement, costing and related matters
  • Bid, negotiate and present to the Senior Asset Manager, Executive Managing Director, President, and/or the Chairman & Chief Executive Officer for final approval property projects such as tenant improvements, repairs and improvements, and renovations
  • Ensure competitive bidding process and thorough review of project scope and costs
  • Oversee the construction of approved projects, ensuring timely completion within scope and budget
  • Review and approve operating expenses in accordance with company policies and procedures
  • Assist in determining CAM expenses and in the review of CAM reconciliation and collection
  • Prepare annual budgets and monitor actual expenses to ensure budgets are met
  • Submit required reports timely and participate in periodic property status meetings with detailed and accurate information

  The ideal Candidate will possess the following:

  • College degree
  • Minimum of 5-7 years of broad-based commercial property management experience
  • Strong communication skills with both internal and external customers and at all levels within the organization
  • Good understanding of contracts, leases and leasing objectives
  • Skilled in customer service and tenant relations
  • Ability to initiate bid requests, vendor and contractor management
  • Ability to present self and company in a professional manner in all customer communications and actions
  • Solid time management skills with the ability to prioritize, organize and successfully balance multiple tasks and requests
  • Must be able to exhibit initiative and work independently
  • Must have a strong work ethic and the ability to work in a fast-paced environment
  • Must be a team player and work well with Senior Management, tenants, contractors, Accounting team, and other daily contacts
  • MS Office proficiency expected
  • Experience with Yardi a plus

  Compensation

  We offer an excellent compensation package, an exciting opportunity, and the chance to grow and develop with a well-capitalized entrepreneurial investment group.  For immediate consideration please submit resume with salary expectations. Resumes submitted with salary requirements will be considered first.