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Portfolio Manager - Property Management

Company
Newmark
Location
New York, NY
Work type
Full Time · On-site
Posted
2026-08-19

Job description

Job Description
We are seeking an experienced Portfolio Manager with strong financial skills to oversee a mixed portfolio of commercial properties, with residential property management experience considered a strong plus. This role requires a detail-oriented professional who can manage financial reporting, tenant relations, lease administration, and day-to-day operations across the portfolio.

Key Responsibilities

Financial Management & Reporting

Prepare and analyze monthly financial reports
Develop and manage property budgets, including variance analysis
Process and manage monthly tenant charges and billing

Property Management Systems

Run and interpret reports using MRI and/or Yardi software
Maintain accurate data within property management systems

Lease Administration

Review, interpret, and understand residential leases
Complete lease abstracts, capturing key terms, dates, and financial obligations
Track critical lease dates (renewals, expirations, escalations)

Tenant Relations

Serve as primary point of contact for tenant correspondence
Address tenant inquiries related to billing, leases, and property operations
Build and maintain positive tenant relationships to support retention

General Portfolio Oversight

Work independently to prioritize and resolve portfolio-related issues
Coordinate with internal teams as needed

Qualifications

Proven experience in commercial property/portfolio management
Residential financial management experience is a plus
Strong working knowledge of MRI and/or Yardi (running and reading reports)
Demonstrated understanding of commercial leases and lease abstraction
Experience with budgeting and financial reporting for real estate portfolios
Advanced proficiency in Microsoft Excel
Excellent written and verbal communication skills
Self-motivated with the ability to work independently and manage competing priorities

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