drjobs VP of Commercial Property Management

VP of Commercial Property Management

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1 Vacancy
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Job Location drjobs

Salt Lake - Remote

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Vice President of Commercial Property Management

Salt Lake City UT

Overview:
We are seeking a Vice President of Commercial Property Management to lead the management of our established and rapidly expanding commercial real estate portfolio. This role is crucial in helping transition our company from a traditional paperbased operation to a more professional and streamlined organization using modern tools and processes.

The ideal candidate will bring extensive commercial property management experience a local network of subcontractors and service providers and expertise from a larger development firm brokerage or property management company. This individual will establish and implement quality policies and procedures to support the scale of our expanding portfolio.

Key Responsibilities:

  • Oversee the management of a commercial property portfolio ensuring high standards of service and tenant satisfaction.
  • Lead the transition from paperbased processes to softwareoriented solutions for property management operations.
  • Develop and implement corporatelevel policies and procedures to enhance expanding operations.
  • Collaborate with local subcontractors and service providers leveraging your existing network.
  • Regularly visit properties to ensure onsite operations meet company standards.
  • Provide leadership to the property management team and act as a key point of contact for stakeholders.

Portfolio Management

  • Oversee the daytoday management of a portfolio of commercial properties ensuring they are wellmaintained and profitable.
  • Develop and implement strategies to maximize property value and operational efficiency.
  • Ensure compliance with local state and federal laws and regulations.

Financial Oversight

  • Prepare review and manage property budgets including income expenses and capital expenditures.
  • Monitor financial performance and ensure the portfolio meets revenue and profitability targets.
  • Oversee rent collection and ensure lease terms are adhered to by tenants.
  • Approve vendor contracts invoices and other financial obligations related to property operations.

Leadership and Team Management

  • Lead and manage property management teams including property managers administrative staff and maintenance personnel.
  • Provide mentorship and training to ensure team members align with company goals and values.
  • Serve as a liaison between property management teams and executive leadership.

Policy and Procedure Development

  • Establish and enforce operational policies and procedures for the management of properties.
  • Standardize practices across the portfolio to improve efficiency and maintain consistency.
  • Drive initiatives to modernize property management operations including implementing software solutions and datadriven processes.

Tenant Relations

  • Serve as the primary point of contact for highprofile or complex tenant issues.
  • Negotiate lease renewals amendments and tenant improvement projects.
  • Ensure tenant satisfaction to maintain high occupancy rates and longterm relationships.

Vendor and Contractor Oversight

  • Build and maintain relationships with subcontractors service providers and other vendors.
  • Negotiate contracts and agreements for services ensuring highquality and costeffective solutions.
  • Oversee vendor performance and ensure compliance with contractual obligations.

Risk Management and Compliance

  • Ensure properties comply with safety regulations building codes and environmental laws.
  • Develop and implement emergency preparedness and response plans.
  • Manage insurance claims and risk mitigation strategies for the portfolio.

Reporting and Analytics

  • Provide detailed reports on property performance to senior leadership.
  • Use data and metrics to inform decisions highlight achievements and identify areas for improvement.
  • Forecast future property needs and prepare for growth or market changes.

Requirements:

  • Deep experience in commercial property management with a proven track record of overseeing large portfolios.
  • Background in a larger development firm brokerage or property management company with defined corporate processes.
  • Strong knowledge of local markets including network of subcontractors and service providers.
  • Experience in modernizing property management systems and knowledge of relevant software.
  • Ability to work onsite in with frequent travel to properties.




They pay 80% of health insurance have a 401K with match and there is a bonus that accompanies this role.

Employment Type

Full Time

Company Industry

About Company

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