VP of Property Management
DLC Management Corp.
- Location
- Hybrid (Chicago, IL)
- Compensation
- $150k - $175k/yr
- Employment
- Full-time
- Level
- Senior Level
Posted 1 week ago
About the Role
DLC Management Corp. is a leading owner and operator of open-air retail shopping centers. The VP of Property Management oversees regional property activities, manages staff, and drives KPI growth initiatives across the portfolio.
Skills
Property management
Commercial real estate
Retail shopping centers
Budgeting
Contract management
Strategic planning
Vendor management
Financial performance monitoring
Due diligence
Leadership
Negotiation
Communication
Building systems
Facilities maintenance
Municipal code compliance
Benefits
- 401k match
- Medical insurance
- Dental insurance
- Vision insurance
- Paid time off
- Paid holidays
- Paid parental leave
Perks
- Hybrid work
- Mentorship program
- Training and development
Full job details
Why DLC?
DLC is proud to be certified as a Great Place to Work and is driven by a strong culture and entrepreneurial foundation. DLC is one of the nation's leading owners and operators of open-air retail shopping centers and has expertise in all facets of commercial real estate. At DLC, our teammates make all the difference and we offer industry-leading training and career development to assure your success.
What We Offer:
About the Role:
The VP of Property Management is responsible for oversight of all property management activity across a regional portfolio and support of the department’s KPI growth initiatives.
Responsibilities:
Soft Skills/Behaviors:
Technical Skills:
The expected salary range for this position is between $150,000 and $175,000. The actual compensation will be based on factors such as scope and responsibilities of the position, candidate's work experience, education/training, job-related skills, internal peer equity, market and business considerations and other factors permitted by law.
About DLC:
Founded in 1991, DLC has been one of the nation’s preeminent owners, operators, and managers of shopping centers. Our portfolio includes millions of square feet of attractive retail space and continues to expand as we complete additional acquisitions.
DLC is proud to be certified as a Great Place to Work and is driven by a strong culture and entrepreneurial foundation. DLC is one of the nation's leading owners and operators of open-air retail shopping centers and has expertise in all facets of commercial real estate. At DLC, our teammates make all the difference and we offer industry-leading training and career development to assure your success.
What We Offer:
- Compensation and Benefits:
- Competitive pay
- 401K company match
- Medical, Dental, and Vision Insurance
- Work-Life Balance:
- Hybrid work model
- 20+ paid days off annually
- 13+ paid holidays in addition to PTO
- Paid parental leave
- Career Development:
- Industry-leading training and development
- Open door policy
- Industry trade shows and event access
- Mentorship program
About the Role:
The VP of Property Management is responsible for oversight of all property management activity across a regional portfolio and support of the department’s KPI growth initiatives.
Responsibilities:
- Manage and develop Property Management staff with varying levels of experience and skill sets to ensure appropriate resource allocation and efficient execution of DLC’s property management activities
- Establish and maintain strong working relationships with key stakeholders including tenants, vendors, investment partners and internal senior leadership
- Review and approve all material service and construction contracts proposed by Property Managers including oversight of scope, schedule and budget
- Review and approve annual operating and capital expense budgets
- Monitor key operational and financial performance metrics for Regional Property Managers to ensure efficient property and financial operations
- Manage strategic regional and national vendor relationships
- Enforce all Property Management and DLC policies
- Champion corporate and cross-departmental initiatives
- Work with SVP to develop best-in-class departmental policies and procedures to maximize performance and productivity
- Run point on due diligence efforts for all capital markets transactions (acquisitions, disposition, refinances) in collaboration with SVP and Regional Property Manager
- Continuously evaluate the portfolio and team operations for opportunities to introduce operating or financial efficiencies
Soft Skills/Behaviors:
- Passion for teamwork and cultivating a collaborative, respectful and positive culture
- Unquestioned integrity and reputation
- Desire to look for inefficiencies and find creative ways to improve & add value
- Proactive problem-solver with a “can-do” mentality
- Fantastic communication skills and ability to report financial & project information seamlessly to executive leadership and investment partners
- Confident representative of the DLC brand with strong negotiation skills
Technical Skills:
- Bachelor’s degree
- Specialized professional certification (CPM, CCIM etc.) preferred
- 10+ years of property operations experience working with open-air retail shopping centers
- Deep knowledge of building systems and components, facilities maintenance protocols, labor & material pricing, and industry standards
- Established relationships with major regional and national vendors as well as landlord and tenant peer group
- Experience in navigating municipal code requirements and approvals
- Ability to travel regularly
The expected salary range for this position is between $150,000 and $175,000. The actual compensation will be based on factors such as scope and responsibilities of the position, candidate's work experience, education/training, job-related skills, internal peer equity, market and business considerations and other factors permitted by law.
About DLC:
Founded in 1991, DLC has been one of the nation’s preeminent owners, operators, and managers of shopping centers. Our portfolio includes millions of square feet of attractive retail space and continues to expand as we complete additional acquisitions.