Commercial Portfolio Manager
2 months ago
Commercial and Residential Management Group (CRMG) is seeking a Commercial Portfolio Manager to join the Commercial Team. As the Commercial Portfolio Manager, you will be responsible for the appearance, inventory, cleanliness, maintenance, and profitability of the portfolio, meeting and exceeding the expectations of the owners, and keeping within company policies. You will also be the key point of contact for owners and will be building and maintaining strong relationships as measured by the retention, profitability, and tenant satisfaction. The portfolio consists of retail, office, and light industrial properties located in the Portland Metro area. The ideal candidate will have retail and shopping center experience.
Location: 1800 SW First Ave, Suite 220, Portland, OR 97201
Salary: $70,000 to $85,000 (DOE)
Office Hours: Monday to Friday, 8 am - 5 pm
Additional Compensation: A monthly $75.00 cell phone stipend and mileage reimbursement.
Benefits for the Commercial Portfolio Manager
- Make sure you’re covered – Medical, Dental, Vision Insurance, Employer-paid Life Insurance, Employee Paid Voluntary Insurance options, and a Flexible Spending Medical/Dependent Care Savings Account.
- Give you the tools to stay on track for the future – The opportunity to enroll in the 401(k) program with an employer match (Eligible first of the month after 90 days of employment).
- Assistance with work/life balance – Employee Assistance Program (Available to use on your first day)
- Give you a break – Paid Sick Time, Vacation, Nine (9) paid Holidays, and Birthday Time Off
Major Responsibilities for the Commercial Portfolio Manager
- Oversee all aspects of property management, including coordination with vendors, appraiser, assessors, government inspectors on site visits, capital projects; submit and oversee insurance claims - property and liability - including mitigation and repairs.
- Maintain communication with property owners on pricing, building projects, current and planned activities, tenant problems and make recommendations to improve the efficiency and profitability of the property.
- Oversee contracts (including but not limited to janitorial, day porter and landscaping), inspect properties to ensure that the level of service is in line with specifications and expectations of tenants and owner.
- Ensure spaces are handed over to tenants as required by their lease, including any tenant improvement work and cleaning/upgrades.
- Issue delinquency notices as allowed per tenant’s leases; follow-up as needed and if necessary, recommend legal action and/or termination of lease to owner.
- Negotiate contracts and oversee maintenance work as required from outside contractors or vendors ensuring adherence to contract specifications.
- Responsible for reviewing, understanding, and responding to owner's inquiries regarding property budgets, monthly financial reports, variance reports, profit and loss statements and delinquency reports, as well as other owner-defined custom reports.
- Complete annual reconciliations for properties as determined by leases.
What you will bring as a Commercial Portfolio Manager
- Two (2) years of Commercial Portfolio Management experience is required.
- Previous experience in Retail and Shopping Centers is highly preferred.
- Current and valid Oregon / Washington Real Estate License is highly preferred.
- Four-year degree or equivalent experience is preferred.
- Entrata experience preferred.
- Computer proficient and able to learn company software programs.
- Understand and administer landlord/tenant laws, State and Federal Labor Laws, Fair Housing Laws and refrain from all illegal discrimination practices.
- Must be self-motivated, able to work well both as a member of the team and independently, with confidence and flexibility to adapt to changing circumstances.
- Excellent communication skills both written and verbal with a strong ability to work with people from diverse backgrounds.
- Possess reliable transportation, current and valid driver's license, proof of insurance and clean driving record.
About Us
Income Property Management recently acquired C&R Management Group, reshaping the long-standing history of both companies to Commercial and Residential Management Group (CRMG). This strategic alliance allows us substantially greater purchasing power with our vendors and suppliers. It also enables us to attract skilled, talented employees seeking a career with a successful and stable organization. We offer those associates a variety of opportunities for growth. Through training and experience, these employees grow with us over time, as many already have, to be excellent property management professionals – the lifeblood of any successful, professional property management organization.
EEO Statement
CRMG provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
This employer participates in E-Verify. For more information: E-Verify Participation / Right to Work
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