Commercial Property Manager

3 weeks ago

Sacramento, United States LHH Full time
  • Manages property financial metrics for each property in his/her portfolio and maintains responsibility for portfolio profitability. Provides monthly reporting and analysis to management on property activities, including variance and budget analysis.
  • Basic knowledge and capability to read and decipher Lease and Vendor Contracts to determine owner/tenant obligations, i.e., tenant billing treatments.
  • New lease negotiations and lease renewals for all tenants at the assigned executive suite property.
  • Responsible for approval of all expenses incurred by each property and ensuring that expenses are accounted for appropriately. Responsible for resolving various tenant billing issues including CAM reconciliations, direct expense billings, and other leasing obligations that may affect tenant ledgers.
  • Perform and document interior and exterior physical inspections as required by management, regulatory agencies, insurance, or financial institutions (i.e., appraisers, environmental inspectors, owner(s), etc.) and generate/improve preventative maintenance schedules where needed.
  • Effectively resolves tenant issues at the property and evaluates each situation from a tenant satisfaction perspective, which includes timeliness of responses and resolution steps to permanently resolve issues that arise.
  • Works closely with Facilities Management division on maintaining asset quality. Schedules and manages vendors, including working with internal facilities department staff, on maintaining a level of appearance and function of assets in accordance with management directives.
  • Maintains asset code compliance (fire, ADA, etc.) on all properties in portfolio and recommends improvements/compliance requirements to management while performing and maintaining basic compliance functions.
  • Maintain status as primary point of contact on security and fire alarm calls on portfolio properties, at all times.
  • Effectively assists in managing the workload of Administrative Assistant, i.e. assigning appropriate work tasks, coaching, mentoring in Property Management processes and procedures.
  • Leads/Supervises Junior Property Managers, Assistant Property Managers and Administrative Assistant.
  • Other duties as assigned
  • California Real Estate License and Certified Property Manager preferred.
  • 3-5 years hands-on Property Management experience.
  • 4+ years of commercial real estate experience.
  • Knowledge of job systems and processes and the ability to implement new processes or improve existing processes.
  • Intermediate to advanced knowledge of Microsoft Office (Outlook, Excel, Word, PowerPoint, and Project).
  • Experience in Property Management and/or Work Order Software, i.e., Yardi preferred, MRI, SAP.

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