Deputy Director of Property Management
Memar Development and Investment
Total years of experience :16 years, 5 Months
- Assist with formulating and implementing the Asset Management Strategy in making the best use of property assets and providing sector leading asset management services.
- Work closely with and efficiently manage third parties, including brokers, property managers, construction/project managers and attorneys, to provide clear direction and skill-based leadership in executing on both the portfolio's strategy and the specific asset's business plan.
- Develop an understanding of the real estate markets in which portfolio assets are located, including market trends, competitive property activity, developments.
- Establish policies and procedures to optimize the asset management process.
- Apply a proactive, hands-on management strategy to achieve specific income, expense, and leasing targets for each asset.
- Track and report on the performance of the asset and bring critical matters to the attention of senior management.
- Proactive management during the entire scoping, pricing, permitting and execution of repositioning projects and leasing process.
- Preparing feasibility studies, and property assets valuation.
- Establishment of an accretive business plan and investment strategy with the objectives of maximizing property income, cash flow and long-term value. forecast income and expense projections, capital requirements, risk-return analysis and hold/sell recommendations.
- Support the Head of Asset Management and Portfolio Management Teams in their needs for discrete projects and reporting requirements.
- Organize and managing all real estate assets on Enterprise resource planning ( ERP system ).
- Formulation, preparing and conclude sale or rental contracts.
- Management and organization home owners association with Ministry of Housing and owners system.
- Review the collections situation to ensure collections are made as per plan and take corrective measures in case of delays.
- complete knowledge with mortgage loans proceedings and real estate financing proceedings.
- Establish and maintain a comprehensive reporting system for all sales and leasing achieved and to ensure that frequent and accurate reports.
- Present positive image of the company in calm and efficient professionalism at all times.
- Ensure the delivery of quality services and promote a sense of belonging for all community residents, and to encourage a sense of ownership among staff members of compound.
- Responsibility for the strategic planning and overall direction of the operation with the ultimate objective of providing ownership with a fair and equitable return on its significant investment.
- Conduct regular management meetings with key department heads and general staff to ensure the free-flow of information will be treated.
- Oversee the implementation of and adherence to Standard Operating Procedures, or SOPs, throughout all departments of the operation.
- Ensure that protocols are in place and applied to ensure the safety and security of all residents, visitors and staff members.
- Provide confident and self-assured leadership and guidance by creating an “open door” policy for both compound residents and staff members who may wish to discuss matters they consider sensitive in strict confidence.
- Ensure adherence and conformity to all regulations or directives that may be issued local, regional or national licensing authorities.
- manage a multi-cultural, multi-ethnic work environment.
- Offering and delivery of quality service to residents.
- organize and manage home owners association (mullak program - ministry of housing).
- formulation, preparing and conclude sale or rental contracts.
- Prepare and implement strategic and operational plans
- high occupancy rate 95% during my directorship.
- organize and manage home owners association (mullak program - ministry of housing).
- formulation, preparing and conclude sale or rental contracts.
- Prepare and submit budgets for Board approval.
- Manage the ongoing maintenance of resident housing units in order to ensure that all housing is safe and maintained within established codes and standards.
- Assess and prioritize work in conjunction with the Housing Maintenance.
- Supervise the maintenance program.
- Review and analyze maintenance reports and unit condition ratings.
- Maintain internal controls and standards concerning maintenance and repairs.
- Identify operational requirements and ensure required measures are taken.
- Implement modernization and improvement program.
- Provide support and advice to the Board of Directors in order to ensure Board Members are aware of operations and able to make informed decisions.
- Make recommendations and draft policies and motions.
- Counselling to more than 55 compounds in saudi arabia to improve lease and operate.
- Develop marketing plans with the goal to sustain occupancy as well as staying informed about the current market.
- establishment and training compounds staff.
- Use and create promotional items and technology to communicate with potential prospects and generate revenue.
- Ensure the achievement of the compounds revenue and occupancy goals by directing the marketing advertising and sales actives.
- Assist the compounds Managers with the leases renewal and the communication process.
- Build relationships with prospective and future residents to ensure satisfaction and finalize decisions to lease and/or renew.
- Prepare and implement strategic and operational plans.
- Prepare and submit budgets for Board approval.
- Manage the ongoing maintenance of resident housing units in order to ensure that all housing is safe and maintained within established codes and standards
- Sales analysis & update reports about consumer behaviour.
