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Adam Hirtz

Adam Hirtz

Sr Commercial Property Manager

Real Estate

Austin, Travis

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About Adam Hirtz:

Senior real estate professional with a Bachelor's Degree and recipient of the McCombs Business Foundations Certificate. Began career as a residential realtor and now an experienced senior property manager that is involved in two BOMA committees while pursuing the RPA Designation and REFAI Certification. Diverse set of skills which include budgeting, accruals, capital amortization, conducting monthly reports, reforecasting, natural disaster recovery, restoration, elevator modernizations, and successful management of client, tenant, and vendor relations. Highly involved with interpreting and enforcing lease provisions; managing financial terms and obligations of leases, collecting tenant's rent, and analyzing rental payment obligations. Exceptional critical thinking, analytical, and interpersonal skills with the ability to use technology and software tools to drive work process improvements. Experienced with MRI, Yardi, Impak, Angus, and Avid.

Experience

Senior Property Manager

August 2023 - Present | Fortis Property Group, Austin, TX

 

  • Managing Aspen Lake Portfolio which comprises three Class A office properties (379,895 sqft) in the northwest Austin submarket totaling $13M/yr in revenue and 7M/yr in opex.
  • In direct communication with investors and lenders regarding cash flow, loan modification, and waterfall payments.
  • Created 30 year amortization capital schedule. 
  • Providing financial performance analytics to clients with detailed narratives on variance and future projection.
  • Highly involved in creating and implementing a 5-Year Capital Plan.

 

Property Manager

October 2021 - August 2023  | Cushman & Wakefield, Austin, TX

 

  • Managed office and retail portfolio (290,620 sqft) totaling $15M/yr in revenue and 6M/yr in opex.
  • Developed the entire SXSW Center events program from sales to event operation.
  • Implemented processes for rent collection, contract negotiation/management, client/tenant communication, cash flow projection, project tracking, accounts payable, emergency response,and lease administration.
  • OAC, TI, and restorations Involvement.

 

 

 

 

 

 

 

 

 

 

Assistant Property Manager

September 2019 - September 2021  

The Kucera Companies - Austin, Tx   December 2020 - September 2021

Aquila Commercial - Austin, Tx September 2019 - December 2020

The Plaza Companies - Phoenix, Az November 2018 - September 2019

 

  • Supported senior property managers in managing all aspects of office, medical, and retail portfolios (315,000 / 560,000 / 765,000 sqft).
  • Highly Involved with a natural disaster recovery.
  • Updated delinquency reports.
  • Created electronic emergency binder for the company.
  • Coordinate annual fire alarm, elevator, and backflow testing.
  • Review invoices as needed, submit for payment, create bill backs.
  • Assists in coordinating tenant move-ins and move-outs, and "walks-through" spaces with tenants, CMs, and GCs.
  • Research, prepare, and implement budgets.
  • Review and edit accruals.
  • Highly involved with capital projects, tenant improvements, and elevator modernization projects.
  • Respond to tenant needs, ensuring that building engineers or vendors resolve problems promptly and are compliant with contractual obligations and standards.
  • Perform regular property Inspections and recommend maintenance, repairs, or improvements as necessary.
  • Review A/R and generate late fees, default letters, or lockouts if necessary.
  • Negotiate and manage vendor contracts.

 

Lead Real Estate Agent

March 2015  - November 2018 | Listing Spark, Austin, Tx

 

Real Estate Agent

January 2012  - November 2015 | Listing Spark, Austin, Tx

Education

B.S and McCombs Business Foundations Certificate from the University of Texas at Austin

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