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
