Joe Blanchard joined CBRE’s Global Corporate Services Group in 2010. Based in Auburn Hills his responsibilities as Real Estate Manager of the Chrysler account include portfolio management, operations management, lease administration, valuation services, idle property management, and financial analysis of their entire dealership portfolio totaling roughly 2.4 million square feet.
Prior to joining CBRE, Mr. Blanchard was a financial analyst with the commercial lending group at TCF National Bank. In that role, he was responsible for underwriting loans to various commercial real estate and commercial/industrial clients.
- Review and processing of all lease payments into Chrysler’s portfolio database, with recurring rent transactions totaling roughly $3 million per month.
- Provide operational management for 80+ owned/leased properties in Chrysler’s dealership portfolio including oversight of tax appeals, insurance claims, and landlord/tenant relations.
- Coordinate property management functions on all vacant properties including security services, landscaping, utilities, and repairs/maintenance.
- Complete strategic financial analysis in areas of dealership operations, rent calculations, property acquisitions/dispositions, and portfolio profitability.