Careers

Careers

What exactly does BH Properties do?

 

BH Properties is always on the hunt for talented individuals to join our team. In order to be the best, BH Properties strives to acquire, cultivate and retain top talent. We offer competitive benefits such as: medical, dental, life insurance, vacation, sick, paid holidays, short and long term disability, and 401K. Also, our employees participate in plenty of fun-filled company events.

Career Opportunities

Reporting Responsibility

The Accounts Receivable (AR) Accounting Assistant/Accountant will report to the Accounts Receivable Manager and is a key participant in the receivables process, tenant relations, preparing reports for the accounting team and management, and completing assigned projects.


Duties

  • Perform all accounting tasks pertaining to assigned properties, including preparing commercial billing, sending tenant statements, posting leases, posting receipts, preparing waiver of late fees and reversal of charges, preparing billback to tenants, processing and posting tenant move-outs, updating the rent roll due to change in unit size or number, ensuring that we have on file the tenants’ current certificates of insurance (COI), posting of property management reports for commercial and office suites, and managing relationships with tenants and property management companies, if applicable
  • Follow up and work with asset and property managers to collect delinquent accounts
  • Conduct accounting processes related to property acquisition/disposition
  • Prepare sales tax forms and submit payment for processing
  • Prepare reports for the accounting team management, as assigned
  • Complete other projects and tasks assigned by accounting management

 

Qualifications

  • Accounting degree required
  • Broad based accounting for real estate experience a plus
  • Solid organizational skills, including the ability to prioritize and multi-task
  • Working knowledge of Microsoft Office Suite, including Word, Excel, and Outlook
  • Ability to communicate effectively and professionally with all levels of the organization and externally with tenants and other outside parties
  • Ability to work independently and with minimum supervision
  • Ability to work in a fast-paced environment
  • Must possess strong work ethic
  • Must be a team player
  • Yardi experience 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 requirement. Resumes submitted with salary requirements will be considered first.

Job Description

We are seeking a well-rounded, self-motivated Asset Manager. The candidate will report to the Director of Asset Management and will be a key player in the asset management and tenant relationship management processes.

Duties

  • Maximize total return for each asset through the analysis of property efficiencies and identifying opportunities for improved performance
  • Work closely with third party property managers, leasing agents, brokers, consultants and attorneys to provide direction for and oversight of business plans, budgets, forecasts, leases, analysis and approvals
  • Actively participate in the negotiations on new leases and renewals
  • Prepare necessary monthly, quarterly, and annual reporting for the senior management team
  • Negotiate third party contracts and oversee implementation of capital improvement and ‘value-add’ programs within the portfolio
  • Perform valuations of each asset on a quarterly basis, working with analytical staff
  • Model full life cycle financial analysis for each asset from acquisition through disposition
  • Develop and implement strategic business plans for each asset that will govern its daily operations, position in the market, and ultimate disposition
  • Manage the capital improvement strategies and processes, including oversight of the construction management activities
  • Evaluate the local markets to identify changes and trends and the related impact on real estate values and investment strategies
  • Work collaboratively with the acquisition team members in evaluating potential investments opportunities

Knowledge Skill Requirements

  • BA/BS degree in Finance, Real Estate or related field with strong record of academic achievement; graduate degree preferred
  • Minimum of 7 years of commercial real estate, leasing, analysis/asset management experience
  • Strong financial modeling skills, detailed property-level financial statement analysis, lease management, pro forma analysis and rent-setting evaluation
  • Strong knowledge of real estate accounting combined with exceptional analytical skills and financial modeling skills
  • Advanced knowledge of MS Excel and Word is required and must be comfortable learning new computer systems
  • Must be highly organized, detail oriented, able to handle multiple concurrent projects and be able to independently identify and solve key business problems
  • May involve 30% Travel

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.

Job Description

A private commercial real estate investment firm focused on the acquisition of multi-family, retail, industrial and office properties in secondary markets throughout the Western United States.

Our real estate investment company is seeking a well-rounded, self-motivated Director of Acquisitions to join our team with extensive acquisition experience in Class B and C multi-family, retail, industrial and office properties.

Job Responsibilities

The candidate will report to the President. You will be a key member of the acquisition process, sourcing new opportunities, problem solving, underwriting, due diligence and acquisition documentation.

Duties:

•  Negotiating Purchase-Sale Contracts with general counsel
•  Assisting with the development of property business plan, including selection of target renovation, and/or re-positioning strategy
•  Developing and growing relationships with brokerage and ownership communities in target markets
•  Oversee acquisition process, including managing due diligence alongside counsel, reviewing 3rd party reports, and working with attorneys to facilitate closing
•  Sourcing and/or evaluating prospective acquisition opportunities in accordance with company criteria in company-identified target markets
•  Prepare market analysis, underwriting and summaries for opportunities being recommended

The Ideal Candidate will possess the following experience and profile:

•  Los Angeles based
•  5-10 years of real estate acquisition and underwriting experience
•  Preferably an undergraduate degree in real estate, business, finance, or accounting. Advanced Degree a plus
•  Outstanding verbal and written communication skills
•  Team player who loves to brainstorm and can think independently
•  Extensive travel required (currently focused on Southwest markets)
•  Strong quantitative and analytical abilities; ability to quickly underwrite a transaction is critical
•  Ability to communicate with and develop effective working relationships with others in a team oriented and deadline driven environment


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.

Job Description

A private commercial real estate investment firm focused on the acquisition of office, industrial, retail, and multi-family properties throughout the Western United States is seeking a well-rounded, self-motivated Director of Acquisitions to join our Arizona team.  All applicants should have extensive acquisition experience in value add, opportunistic or distressed real estate investments.
Job Responsibilities
The candidate will report to the Senior Managing Director of Investments and will be tasked with the following:
• Sourcing and evaluating prospective acquisition opportunities in accordance with company criteria in company-identified target markets
• Prepare market analysis, underwriting, and summaries for opportunities being recommended
• Assist with the development of property business plans, budgets, and pro forma strategies
• Developing and growing relationships within brokerage and ownership communities in target markets

Requirements

• Phoenix based
• 5-10 years of real estate acquisition and underwriting experience
• Preferably an undergraduate degree in real estate, business, finance, or accounting
• Strong quantitative and analytical abilities; ability to quickly underwrite a transaction is critical
• Outstanding verbal and written communication skills
• Ability to communicate with and develop effective working relationships with others in a team oriented and deadline driven environment
• Travel required (currently focused on marketing in the Western United States)
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.

Job Description

A privately held real estate company in the United States with a diversified portfolio of industrial, office, retail and multi-family residential real estate assets nationwide is seeking a well-rounded, self-motivated Regional Property Manager. With the corporate location in west Los Angeles and asset work-sites in Arizona and Texas, we are looking to strengthen our Property Management team.
Job Responsibilities

The candidate will be based in our Dallas, TX office and report to the Senior Managing Director, Commercial Operations.  The candidate will be a key participant in the property management process, managing buildings, problem solving and documentation.

Duties and Responsibilities

• 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 Regional Asset Manager, Senior Managing Director, and/or President
• Assist leasing team and broker during lease negotiations regarding tenant improvement, costing and related matters
• Bid, negotiate and present to the Regional Asset Manager, Senior Managing Director, and/or President 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

Requirements

• College degree
• Minimum of 5-7 years of broad based commercial property management experience
• Strong communication skills with both internal & 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 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 requirement. Resumes submitted with salary requirements will be considered first.

Job Description

A privately held Real Estate Company in the United States with a diversified portfolio of industrial, office, retail and multi-family residential real estate assets nationwide.  With the corporate location based in Los Angeles and asset work-sites in Dallas-TX, Phoenix-AZ, and Salt Lake City-UT, we are presently looking to strengthen our Asset Management team in Dallas, TX.

Our real estate investment company is seeking a well-rounded, self-motivated Senior Asset Manager to join our team in Dallas, TX with extensive experience in the asset management of Class, A, Class B and C retail, industrial and office properties throughout Texas.

Job Responsibilities   

The Senior Asset Manager will be responsible for the strategic and tactical operations of a portfolio of retail, industrial and office properties located in our Texas Portfolio.  The individual will be responsible for overseeing and managing multiple in house and third-party leasing and management companies and their respective staff as well as be accountable to the senior members of the firm and owner. The Senior Asset Manager will report directly to the Senior Managing Director of Operations, and President of the company.

Duties

• Maximize total return for each asset through the analysis of property efficiencies and identifying opportunities for improved performance
• Work closely with third party property managers, leasing agents, brokers, consultants and attorneys to provide direction for and oversight of business plans, budgets, forecasts, leases, analysis and approvals
• Actively participate in the negotiations on new leases and renewals
• Conduct monthly property visits to our south east coast and prepare inspection reports
• Required travel will range from 30% to 40%
• Prepare necessary monthly, quarterly, and annual reporting for Senior Members
• Negotiate third party contracts and oversee implementation of capital improvement and ‘value-add’ programs within the portfolio
• Perform valuations of each asset on a quarterly basis, working with the Director of Asset Management
• Develop and implement strategic business plans for each asset that will govern its daily operations, position in the market, and ultimate disposition
• Manage the capital improvement strategies and processes, including oversight of the construction management activities
• Evaluate the local markets to identify changes and trends and the related impact on real estate values and investment strategies

Knowledge Skill Requirements

• BA/BS degree in Finance, Real Estate or related field with strong record of academic achievement; graduate degree preferred
• Minimum of 7-10 years of commercial real estate, leasing, analysis/asset management experience
• Strong financial modeling skills, detailed property-level financial statement analysis, lease management, pro forma analysis and rent-setting evaluation
• Strong knowledge of real estate accounting combined with exceptional analytical skills and financial modeling skills is needed
• Advanced knowledge of MS Windows, Excel and Word is required and must be comfortable learning new computer systems
• Must be highly organized, detail oriented, able to handle multiple concurrent projects and be able to independently identify and solve key business problems
• 30% to 40%. travel required

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.

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