Commercial Property Manager

Pacific Coast Commercial

$75K — $90K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • California Department of Real Estate License required
  • 5+ years of experience as a Commercial Property Manager (PM level)
  • Bachelor's degree in business administration, real estate, or related field is a plus
  • CPM or RPA designation preferred
  • Deep understanding of commercial real estate principles and landlord-tenant law
  • Excellent interpersonal and communication skills
  • Proficiency in property management software and Microsoft Office Suite

Responsibilities

  • Maintain strong relationships with property owners through regular updates
  • Act as the primary contact for tenant inquiries and concerns
  • Conduct property inspections to ensure tenant satisfaction
  • Manage vendor contracts and monitor compliance
  • Prepare and review operating budgets and financial reports
  • Administer leases and monitor lease expirations
  • Respond to emergencies promptly and manage maintenance issues

Benefits

  • Dental insurance
  • Health insurance
  • Life insurance
  • 3 weeks paid vacation
  • Retirement plan
Full Job Description
Position Overview: We are seeking an experienced Commercial Property Manager to join our team. The Property Manager will oversee the day-to-day operations of commercial properties within a designated portfolio. This role requires a proactive individual with excellent communication skills and a deep understanding of property management principles.

Key Responsibilities:

1. Owner/Client Relations:
  • Build and maintain excellent rapport with property owners within the manager's portfolio.
  • Provide clear and accurate updates to owners on property financials, maintenance issues, risk management assessments, etc.
  • Present ownership with recommendations on portfolio operations

2. Tenant Relations:
  • Serve as a point of contact for tenants to address inquiries, concerns, and requests in a timely and professional manner.
  • Conduct regular property inspections to ensure tenant satisfaction and identify any maintenance or repair needs.
  • Lead rent collection efforts and handle any tenant disputes.

3. Vendor Management & Property Maintenance:
  • Build and maintain relationships with vendors, contractors and service providers.
  • Bid contracts and review/analyze scopes of work. Monitor contract compliance and insurance requirements.
  • Coordinate with contractors to schedule and oversee routine maintenance and repairs. Follow up to ensure the work was completed to company standards.
  • Respond promptly to emergencies and implement appropriate solutions to minimize disruption to tenants and operations.

4. Financial Management:
  • Prepare and review annual operating budgets, monthly financial reports and CAM reconciliations.
  • Understand capital budgets and reserve accounts.
  • Review and approve invoices, reconcile accounts, and track expenses against budgeted projections.
  • Work closely with accounting team to ensure accurate and timely billing and rent collection.

5. Lease Administration:
  • Understand asset types/classes, lease types (NNN, Gross, Base Year), and expense recoveries.
  • Review and update lease files and databases, ensuring accuracy and completeness of documentation.
  • Monitor lease expirations and proactively work to renew or re-lease vacant spaces.

Qualifications:
• California Department of Real Estate License
• 5+ years of experience as a Commercial Property Manager (must be at the PM level, and not APM level).
• Bachelor's degree in business administration, real estate, or related field is a plus
• CPM or RPA designation, a plus.
• Deep understanding of commercial real estate principles, leasing practices, and landlord-tenant law preferred.
• Excellent interpersonal and communication skills, with the ability to interact effectively with owners, tenants, vendors, and internal stakeholders.
• Proficiency in Microsoft Office Suite and property management software (e.g. Rent Manager, Yardi, MRI, etc.).
• Detail-oriented with strong organizational and multitasking abilities.
• Ability to work independently and collaboratively in a fast-paced environment.

We offer competitive compensation and benefits, along with opportunities for professional growth and development. If you are passionate about real estate and thrive in a dynamic and challenging environment, we want to hear from you!

Job Type: Full-time

Pay: $75,000.00 - $90,000.00 per year

Benefits:
  • Dental insurance
  • Health insurance
  • Life insurance
  • Paid time off - 3 weeks vacation starting
  • Retirement plan

Schedule:
  • 8 hour shift
  • Monday to Friday


Experience:
  • Commercial Property management: 5 years (Required)

License/Certification:
  • Real Estate License (Required)

Ability to Commute:
  • San Diego, CA 92131 (Required)


Work Location: In person

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