Property Manager Commercial
Property Manager Commercial
Posted on :
10-01-2024
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Job Description
We are looking for someone who excels at developing and implementing strategies to increase the value of the commercial properties in the portfolio such as through renovations or by finding new tenants or uses for the properties.
RESPONSIBILITIES:
RESPONSIBILITIES:
- Preparation of asset management strategies and business plans for potential investments
- Completing strategic asset management initiatives to improve property values: refurbishments redevelopment lease negotiations CAPEX projects…
- Ensuring ontime and onbudget delivery of all strategic decisions
- Providing portfolio reporting and financial analysis to justify asset strategy.
- Compliance with all regulatory matters in conjunction with internal compliance and external advisers
- Prepare and submit assigned reporting to management and investors.
- Review property inspection reports
- Develop and maintain high level relationships with third party management companies.
- Ensure the oversight and implementation of the property business plan and budget.
- Review monthly operating statements (NOI occupancy collections surplus cash and others) and identify areas of opportunity or concern for the Asset Management team to focus on including both income and expense items based on budget variances and previously unknown opportunities.
- Accountable for all insurance compliance for all deals to ensure portfolio is fully covered.
- Ensure that all assets are in compliance with federal state and local rules and regulations.
- Maximize property level cash flow across portfolio.
- Evaluate and implement changes for property improvements based on thorough analysis and experience.
- Develop and monitor strategies to maximize asset values within the portfolio.
- Negotiate major vendor contracts and pursue portfolio wide expense reductions through vendor bidding.
- Problem solve property and portfolio level issues through research analysis and implementation.
- Oversee preparation for regulatory inspections.
- Ensure proper capital spending and maintenance across the portfolio.
- Assist in conducting due diligence and financial modeling for new acquisitions dispositions and refinances.
- Minimum 5 years of experience in commercial property management
- Bachelor's Degree preferably in real estate finance business or accounting
- Strong quantitative skills and demonstrated analytical and problemsolving ability.
- Advanced knowledge of MS Office Including Word Excel and PowerPoint
- Strong organizational skills and attention to detail including an editing eye with the ability to prioritize and manage multiple projects simultaneously.
- Strong negotiating skills with the ability to navigate nuanced and complex investment scenarios.
- Ability to function both in a collaborative setting and independently.
- Strong sense of personal motivation responsibility entrepreneurship and team player
Employment Type
Full Time
Key Skills
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