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Commercial Property Manager
Pacwest Management Inc Los Angeles, CA
Apply
$94k-128k (estimate)
Full Time 1 Week Ago
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Pacwest Management Inc is Hiring a Commercial Property Manager Near Los Angeles, CA

Job Description

Job Description
Benefits:
  • 401(k)
  • Health insurance
  • Paid time off
Property manager will be responsible for management of all operation of the portfolio. Candidates need to have at least 5 years of experience managing multi-tenant retail centers with clear understanding of landlord-tenant relationship, well organized and have the ability to multitask.
JOB RESPONSIBILITIES:
- Read, interpret, leases and other minor legal documents related to the portfolio.
- Keep track and review CAM reconcilliations and billing for tenants and other owners
- Work with accounting to prepare or revise monthly financial reports for the portfolio and present property information to ownership.
- Prepare, review, and approve annual operating budgets and income projections, including analysis of monthly expenses, cost allocations, and operational efficiencies.
- Communicate all legal matters with attorneys and keep track of legal calender
- Visit properties monthly to inspect their condition, provide direction to general contractors performing tenant buildouts, push parties through tenant build-out process, and measure their compliance with lease requirements and company policies.
- Monitor critical dates in the lease portfolio (rent commencements, expirations, renewals, tax deadlines, etc.). Prepare necessary documents as needed.
- Propose and manage new Capital Improvement Plan and its project cycle, budget, contracting and finances, with a multi-year property improvement schedule.
- Resolve high-level issues with commercial tenants, vendors, and contractors, while working outside legal counsel.
- Work with Facilites Manager to ensure tenant repair and maintenance requests are timely and professionally responded to and managed, with an emphasis on quality and cost-efficiency.
- Work wih insurance brokers to obtain proper coverage for properties.
- Other property management-related duties, as assigned.

QUALIFICATIONS AND ESSENTIAL JOB FUNCTIONS:
Ability to work independently and on teams in a fast-paced environment with strict deadlines.
Minimum 5 years of retail real estate property management experience.
Experience with local, regional, and national community shopping center tenants and retail construction buildouts.
Demonstrate ability to manage a department and apply principles of logical thinking to identify issues, collect and utilize pertinent data, establish facts, and resolve issues with appropriate action.
Commercial real estate accounting experience.
Proven style of being proactive and multi-tasking among various projects and assets with organized, methodical system.
Excellent negotiation skills and high attention to detail and accuracy.
Excellent verbal, written, and interpersonal communication skills to maintain professional demeanor.
Proficiency with Microsoft Excel, Word, MRI, Yardi, Avid Exchange

Job Summary

JOB TYPE

Full Time

SALARY

$94k-128k (estimate)

POST DATE

04/18/2024

EXPIRATION DATE

05/01/2024

WEBSITE

pacwestmg.com

HEADQUARTERS

Los Angeles, CA

SIZE

<25

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Pacwest Management Inc
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The following is the career advancement route for Commercial Property Manager positions, which can be used as a reference in future career path planning. As a Commercial Property Manager, it can be promoted into senior positions as a Commercial Property Manager III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Commercial Property Manager. You can explore the career advancement for a Commercial Property Manager below and select your interested title to get hiring information.

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If you are interested in becoming a Commercial Property Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Commercial Property Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Commercial Property Manager job description and responsibilities

Good commercial property maintenance should be considered a priority for any property manager.

04/01/2022: Springfield, IL

Commercial property managers need to do more than know when to request a handyman, they need to be able to meet the needs of their tenants.

02/24/2022: San Jose, CA

They will be responsible for the management of building expenses.

02/17/2022: Salem, OR

The property manager takes on the responsibility of negotiating the lease terms with both prospective and renewing tenants.

03/02/2022: Springfield, MO

Commercial property manager provide management expertise, financial stability, and professional excellence.

02/27/2022: Kingsport, TN

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Commercial Property Manager jobs

Hire a property manager to manage the tedious day-to-day responsibilities.

04/30/2022: Daytona Beach, FL

A good property manager tries to minimize the likelihood of these problems arising and effectively handles the damages when they do.

03/04/2022: Ventura, CA

Most state governments do require property managers to be licensed.

02/15/2022: Columbus, GA

Managers often hire maintenance professionals to help maintain the property.

03/29/2022: Medford, OR

Property managers should have plenty of photos that showcase not just the units they manage but also the value added by their services.

04/24/2022: Biloxi, MS

Step 3: View the best colleges and universities for Commercial Property Manager.

SUNY College of Technology--Alfred
Manhattan College
Pennsylvania College of Technology
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