Careers

Careers

What exactly does BH Properties do?

BH Properties, privately held and founded nearly 30 years ago, is regarded as a vertically integrated real estate investment company capable of acquiring and managing a geographically and product diverse portfolio of assets quickly and efficiently through its offices in Los Angeles, Phoenix and Dallas.  The Company continues to focus on value-add transactions, distressed debt, and ground leases.  Its relationships within the real estate and finance community, lack of third-party investors, speed and flexible closing structures to accommodate seller needs is a hallmark of the organization.  Today, the Company owns and operates approximately 10M square feet across 18 states.

Career Opportunities

Reporting Responsibility

The Accounts Payable (AP) Specialist will report to the Accounts Payable Supervisor and is a key participant in the accounts payable process.

Duties

  • Process vendor invoices for assigned properties based on requirements and procedures set by the Company and ensuring timeliness of invoice processing, correctness of invoice processed, completeness of support, and accuracy of general ledger account used and data entered into Yardi
  • Set up new vendors in Yardi for approval by the Accounts Payable Supervisor
  • Prepare reports for the accounting team management, as assigned
  • Prepare year-end IRS form 1099 to be issued to vendors
  • 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 vendors 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

Reporting Responsibility

The Accounts Payable (AP) Manager will report to the Senior Managing Director, Accounting & Administration and will manage the AP Team.

Duties

  • Manage and monitor performance of he AP Team
  • Review invoices processed by the AP Team to ensure timeliness of invoice processing, correctness of invoice processed, completeness of support, and accuracy of general ledger account used and data entered into Yardi
  • Review and approve new vendor set-up in Yardi
  • Print manual checks as necessary
  • Review and submit late fee for approval to pay
  • Perform restart of invoices that needed correction in Yardi
  • Compile paid invoices for post-payment review by management as assigned
  • Complete performance review of staff
  • Actively participate in the implementation and testing of assigned technology projects
  • Conduct training of staff based on need and as assigned
  • Prepare ad hoc and periodic reports as assigned
  • Complete other projects and tasks assigned by management

Qualifications

  • Accounting degree required
  • At least 2 years of broad-based commercial property management experience
  • Ability to lead the AP Team
  • 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 with all levels of the organization and externally with tenants, vendors and other outside parties
  • Ability to work in a fast-paced environment
  • Must possess strong work ethic
  • Must be a team player
  • Yardi experience preferred

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 Accounts Receivable Accountant to join our team in the Los Angeles office.

Reporting Responsibility
The Accounts Receivable (AR) Accountant will report to the Accounts Receivable Manager.

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

The ideal Candidate will possess the following:

  • 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 expectations. Resumes submitted with salary requirements will be considered first.

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 a Accounting Clerk/Receptionist to join our Los Angeles, CA team.

Reporting Responsibility

The Accounting Clerk/Receptionist will report to the Accounting Management.

Duties

  • Act as receptionist answering and redirecting telephone calls
  • Assist with purchasing office, cleaning, maintenance and other supplies
  • Assist with activating and terminating utility accounts for properties
  • Responsible for filing soft and hard copy accounting documents
  • Assist with processing vendor invoices and uploading supporting documents in Yardi
  • Primarily responsible for sorting incoming mail and preparing documents for mailing

Qualifications

  • College degree
  • 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, vendors 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

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.

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 CFO to join our team.
Reporting Responsibility

The CFO will have dual reporting responsibility to the Chairman and President along with coordinating communication with other senior department heads. This role will be highly visible and integral to the financial management of the Company.

Essential Duties

• Responsible for leading and preparing monthly, quarterly and annual financials, property accounting, budgeting and reporting process, and forecasting
• Financial planning through financial modeling and analysis
• Monitoring the financial performance of the Company
• Respond to financial related questions from lenders, and other stakeholders.
• Partner with other internal departments to ensure that communications and presentation materials are accurate.
• Oversee the month-end close, CAM reconciliation, and ensuring propriety and timeliness of payments to vendors and billings to tenants.
• Review the general ledger and analysis of financial accounts.
• Oversee the ‘budget – to actual’ variance analysis
• Ensure budget and forecast models are accurate.
• Prepare financial data for executive management and board presentations.
• Execute special projects and ad hoc analyses as needed.

Other Duties

Financial Reporting & Management
• Prepare and monitor Company cash flow projections for multiple operating entities
• Cash management for multiple operating entities
• Oversee banking relationships with lenders
• Prepare for, attend, and document quarterly Board of Directors meetings

Financing
• Prepare project presentations to potential lenders
• Meet with potential lenders and assist executive team with analysis of various proposed transactions
• Review and negotiate loan documents as required
• Familiar with the acquisition and disposition process including experience with the 1031 exchange process
• Coordinate closing of all loan transactions, including coordination of escrow
• Supervise and / or prepare monthly, quarterly and annual lender reporting and ensure compliance with financial covenants

Income Tax Returns
• Review tax returns for accuracy
• Ensure that estimated taxes, business taxes, and other taxes are paid timely

Insurance
• In conjunction with the President, review and negotiate all insurance policies
• Oversee risk management for the Company and its Principals
• Oversee the tracking and management of subcontractor insurance coverage

Human Resources (Optional)
• Oversee all human resources of the Company through its outside third-party provider
• Manage the annual insurance enrollment, review of employee handbook, recruitment and onboarding/outboarding process
• Supervise payroll and timekeeping activities
• Handle workers compensation audits

The ideal Candidate will possess the following
• Undergraduate degree required in accounting or business-related field
• CPA status is required
• Graduate degree a plus
• 10 + years of experience in real estate accounting /or related field.
• Likely candidate will have come through an accounting or finance background
• Experience in Yardi software
• Demonstrated ability to maintain confidentiality
• Strong organizational skills, including the ability to prioritize and multi-task

•Advanced knowledge of Microsoft Office Suite, including Word, Excel, and Outlook
• Ability to communicate effectively and professionally within all levels of the organization and externally with lenders and other outside parties
• Ability to work independently and with minimum supervision
• Ability to work in a fast-paced entrepreneurial environment
• Must possess a strong work ethic
• Must be a team player

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.

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 Construction Project Manager. This position will be based in the Los Angeles office.

Job Description
The Construction Project 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:

  • College degree
  • Minimum of 5 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.

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 Controller to join our team in the Los Angeles office.

Reporting Responsibility

The Controller will report to the Senior Managing Director, Accounting & Administration.

Duties

  • Work with Accounting Management in overseeing and supervising the Accounting team
  • Review financial statements and supporting documentation
  • Review vendor invoices, billings to tenants and CAM reconciliation
  • Work with Accounting management in ensuring adequacy of the internal control systems
  • Coordinate financial audits with Internal Audit and Accounting management
  • Conduct training on Accounting processes
  • Help in managing the relationship with and provide assistance to 3rd party tax preparer
  • Perform administrative functions related to Yardi
  • Perform acquisition, disposition and lending activities
  • Assist with the functions of other members of Accounting Management, if necessary
  • Complete assigned projects and tasks on schedule

The ideal Candidate will possess the following:

  • Accounting degree required
  • CPA license a plus
  • Public accounting experience a plus
  • At least 10 years of accounting experience required
  • At least 2 years of broad-based accounting for real estate experience a plus
  • At least 2 years active supervisory experience required
  • Excellent verbal and written communication skills
  • Solid organizational skills, including the ability to prioritize and multi-task
  • Working knowledge of Microsoft Office Suite, including Word, Excel, and Outlook
  • Ability to multi-task and 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 expectations. Resumes submitted with salary requirements will be considered first.

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.

Reporting Responsibility

The Internal Auditor will report functionally to the Chairman & CEO and administratively to the Senior Managing Director, Accounting and Administration.

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
  • At least 2 years of public accounting experience required
  • CPA license a plus
  • 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

We are willing to sponsor for the right candidate.

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.

 

Reporting Responsibility:

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

Duties:

  • Supervise Maintenance Technicians upon instruction of the Asset Manager
  • Perform minor property maintenance and repairs including, but not limited to plastering, painting, plumbing (unclogging toilets and drains,) carpentry, mechanical and electrical
  • Schedule and complete work orders and requests for unit repairs and general maintenance
  • Prepare purchase orders for assigned projects as needed
  • Prepare properties for inspections by regulatory agencies
  • Coordinate and monitor progress of vendors or outside contractors as needed
  • Inspect property daily and report any needed repairs to the Asset Manager
  • Inspect building equipment and provide preventative maintenance services
  • Maintain the maintenance equipment supplies inventory and order as needed
  • Complete all paperwork on a daily basis or as required by Property Manager
  • Respond to after-hours and weekend maintenance emergencies

The ideal Candidate will possess the following:

  • Minimum of one year of experience managing maintenance technicians
  • Minimum of five years of general maintenance experience
  • 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:

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.

A privately held commercial real estate investment firm with offices in Los Angeles, Phoenix and Dallas, is seeking an experienced Office Manager to join our team in Los Angeles. Applicants should have experience within the real estate industry.  Familiarity with accounting, the acquisition process and Human Resources is a plus.

Reporting Responsibility

The Office Manager will have dual reporting responsibility along with coordinating communication with other senior level department heads.  This role will be highly visible and integral to the streamlining of our operational processes.

Duties:

  • Organize and coordinate office administration, and procedures, in order to ensure organizational effectiveness, efficiency and safety.
  • Partner with HR to maintain office policies as necessary including ensuring clerical functions are properly assigned and monitored
  • Coordinate with IT department on all office equipment requirements and inventory control
  • Manage relationships with office supply vendors and service providers
  • Develop and implement intra-office communication protocols
  • Streamline administrative processes
  • Supervise office staff and task delegation including hiring and coaching
  • Coordinate executive communications and interface with internal and external business partners
  • Manage executive staff travel itineraries
  • Maintain an organized filing system of paper and electronic documents
  • Prepare reports and analysis of special projects as required
  • Participate actively in the planning and execution of Company events
  • Assist, as necessary, with the Company’s asset acquisition/disposition process ensuring a smooth closing and on-boarding process post close

The ideal Candidate will possess the following:

  • Undergraduate degree required
  • Minimum of 5 years of experience as an executive administrative assistant or office manager within a real estate organization reporting directly to senior management (CEO, COO or President)
  • Knowledge of office management responsibilities, systems and procedures
  • Strong organizational skills, including the ability to prioritize and multi-task
  • Advanced knowledge of Office 365, Microsoft Office Suite, including Word, Excel, and Outlook
  • Yardi Voyager and CoStar/Loopnet experience a plus!
  • Ability to communicate effectively and professionally (both written and verbally) within all levels of the organization and externally with tenants, vendors and other outside parties
  • Ability to work independently and with minimum supervision and ability to prioritize
  • Ability to work in a fast-paced entrepreneurial environment with an attention to detail
  • Must possess a strong work ethic
  • Must be a team player

We are seeking a well-rounded, self-motivated Senior Advisor – Retail Investment Strategy with specific experience in sourcing retail and retail related real estate opportunities either through acquisition or investment of rescue capital which can create unique opportunities capitalizing on the changing retail landscape.  The role will be formalized in a consulting agreement.

Job Responsibilities

The ‘Advisor” is responsible for generating acquisition opportunities by working directly with retailers, owners (both public and private) and in partnership with Foreclosure, Bankruptcy, and REO vendors, which requires an extensive background and relationships within the retail and retailer community.

Reporting:

The candidate will initially report to the Chairman and President and will participate with other members of the acquisition team in a collaborative, team orientated environment.

Duties:

  • Sourcing and/or evaluating prospective acquisition opportunities in accordance with company criteria with primary focus within the retail sector recognizing those opportunities that can be re-purposed or re-capitalized.
  • Prepare initial financial analysis, underwriting and deal summaries for opportunities being recommende
  • Working with internal resources, develop and expand relationships within the foreclosure, bankruptcy, title and lender communities to facilitate opportunities.
  • Attend selected conferences

 

 

The Ideal Candidate will possess the following:

  • Minimum of 20 + years of retail real estate industry experience.
  • Likely candidate may have been a former CEO or head of acquisitions for either a public or private retail real estate company with broad geographic coverage
  • Strong time-management skills, including the ability to effectively prioritize work to generate potential opportunities.
  • Strong aptitude for assessing, understanding, and quantifying risk.
  • Strong business acumen and ability to interface with executive management team
  • Strong quantitative and analytical abilities; ability to quickly assess deal viability
  • Travel required

Compensation

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

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