Assistant Property Manager

3 weeks ago

Chicago, United States LBA Realty Full time

LBA Realty | LBA Logistics is a full-service real estate investment and management company with a diverse portfolio of industrial and office properties in major markets throughout the U.S. including California, Colorado, Washington, Arizona, Texas, Illinois, and New Jersey. We are a privately held company that was founded in 1991 and are comprised of 250 team members. LBA Realty consists of several real estate investment funds and joint venture partnerships with multiple investors including sovereign wealth funds, endowments, foundations, pension funds, and high-net-worth individuals.

We have an exciting opportunity for an Assistant Property Manager to join our team in the Chicago office. Reporting to the Senior Property Manager and ROM, you will provide support to the Operations Team as needed and assist with the management of a 15 MSF portfolio of 54 properties industrial consisting of approximately 80 tenants in 6 Midwest states.

**About The Role**
- Assist with management of a 5 million square foot portfolio of industrial properties located throughout Illinois and Indiana.
- Provide support to Sr. Property Manager, Property Manager and ROM as needed.
- Coordinates building access to brokers, tenants, and vendors.
- Responsible for building and maintaining relationships with tenants and vendors.
- On call for fire alarms and other property emergencies
- Oversee service contracts, purchase orders, and work authorizations.
- Review and approve of property accounts payable invoices, and follow up on vendor payment issues as they arise
- Will be expected to actively find ways to reduce operating expenses while striving to increase the quality of service we provide tenants
- Will be responsible for ensuring code compliance and proper equipment maintenance for all properties
- Actively participate in operations meetings
- Coordinate customer move-ins and move-outs
- Coordinate tenant appreciation events annually at all properties
- Prepares quarterly financial reports (such as accruals and variance reports)
- Assist with CAM reconciliations
- Prepares license agreements, approval memos, and legal notices (such as 3 day notices)
- Assists in quarterly reforecast of property budgets
- High school diploma required
- Four-year degree is preferred
- Minimum of 2-3 years’ experience as an Assistant Property Manager
- Must have the ability to multi-task and handle interruptions calmly and politely
- Must be proficient with word processing & spreadsheet software (Word and Excel)
- Strong organizational, problem-solving and analytical skills; able to manage priorities and workflow

**Salary Range**

The anticipated base salary range for this position is $70,000-$75,000 per year. Actual salary will depend on several factors, including, but not limited to, experience, other job-related skills and qualifications as permitted by law. Full time employees may be eligible for benefits including health insurance, dental insurance, vision insurance, life insurance, 401k matching program, Basic Life and AD&D Insurance, Voluntary Life and AD&D, Flexible Spending Accounts to help offset the cost of dependent care and/or health care expenses, paid holidays and vacation. Employees may also be eligible for a discretionary bonus depending on a number of factors, including the employee’s performance and LBA Realty’s performance on an annual basis.

**Our Commitment To An Inclusive Workplace**

LBA is proud to be an equal-opportunity employer and is committed to providing a workplace free from harassment and discrimination. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, gender identity or expression, age, marital status, veteran status, disability status, pregnancy, parental status, genetic information, political affiliation, or any other status protected by the laws or regulations in the locations where we operate. Accommodations are available for applicants with disabilities.

**Physical Demands**

The physical demands, work environment factors, and mental functions described below are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is required to stand; walk; sit for extended periods of time; use hands to feel, handle, or type; reach with hands and arms; climb or balance; stoop, kneel, crouch, or crawl; talk or hear. The employee must occasionally lift and/or move or carry up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, and ability to adjust focus. Additionally, the employee may be required to drive to a property, walk on uneven ground, walk through a construction site, be exposed to

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