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.