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Property Manager
$109k-147k (estimate)
Other | Building Construction 4 Months Ago
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URBAN RENAISSANCE GROUP is Hiring a Property Manager Near Seattle, WA

Job Details

Job Location: Seattle Tower - Seattle, WA
Position Type: Full Time
Salary Range: Undisclosed

Description

Salary Range 

$70,000 - $93,000

Summary

The Property Manager is responsible for the day to day operations of an assigned portfolio of properties, including tenant and client relations, asset integrity, financial performance, capital projects, and administration of lease documents.

Responsibilities

Operations

  • Demonstrate clear understanding of company and client driven operational and financial goals and objectives, effectively communicating and collaborating with other URG team members to ensure metrics are met and high level of service is provided
  • Develop and promote a sense of community at the properties through thoughtful implementation of tenant engagement initiatives, including but not limited to tenant events, building-wide challenges to create friendly competitive spirit and ongoing outreach
  • Oversee tenant move-in and move-out process and ensure Landlord obligations as required by the lease are fulfilled
  • Manage vendor relationships to ensure service expectations and contract obligations are met, costs are within budget and/or opportunities for expense savings are identified where possible
  • Review and manage service contracts for ongoing building services (janitorial, window washing, parking, landscaping, HVAC, elevator etc.) as well as one-time projects. Assist General Manager when required in the negotiations of such contracts.
  • Collaborate with Engineering team to ensure the fire/life safety program is in place, complete annual fire drills, staff training and tenant & floor warden training
  • Coordinate the completion of budgeted/non-budgeted projects
  • Execute on Capital Improvement program, including bidding, contracting and managing projects once under contract. This includes communication with contractors/vendors as well as with URG team and tenants.
  • Conduct regular property inspections per Property Inspection Program, noting items that should be addressed or budgeted for in future years if funds are not available in current year
  • Ensure vacant spaces are in show ready condition to assist in marketing efforts
  • Ensure current tenant and vendor certificates of insurance are on file and that client and company requirements are strictly adhered to
  • Ensure the security and safety of all building occupants, including tenants, contractors/vendors and visitors, demonstrate clear understanding of and ability to execute Company and Client established emergency response procedures. Participate in training and “on call” responsibilities as required.
  • Review new lease documents before they are entered into accounting system, proactively identifying and ensuring appropriate documentation of any changes
  • Review and maintain current rent rolls and stacking plans for assigned portfolio on a monthly basis

Financial

  • Prepare monthly and quarterly financial reports, including executive summary, variance comments, AR narrative, and reforecasting. Collaborate with Leasing/Project teams to ensure Leasing and Construction updates are included.
  • Prepare and present annual operating budgets, including income, expenses, escalations and capital. Collaborate with Leasing/Project teams on Leasing assumptions and construction projects. Budget requirements vary by property.
  • Review and approve annual CAM/tax estimate and reconciliation process, including expense gross-ups and tenant expense pools, and annual calculation of CPI increases
  • Develop and present recommendations for un-budgeted projects to Property team and clients
  • Participate in the preparation of the 5-year capital plan. Demonstrate ability to track capital projects from year to year and make appropriate recommendations based on clients’ objectives.
  • Make recommendations to improve net operating income by increasing revenues and/or decreasing operating expenses
  • Review and approve monthly rental updates (recurring charges), ensuring accuracy before they are posted
  • Provide accrual/re-class information to Accounting team each month as part of financial reporting process
  • Effectively manage A/R process, ensuring process is followed relative to and follow up with delinquent tenants promptly
  • Approve invoices, ensuring proper coding
  • Oversee tenant billback process, ensuring they are invoiced for any work above and beyond services provided per the lease

New Building Onboarding

  • Understand the warranties and sequences of operations that are in place for the property
  • Work with vendors to ensure a preventative maintenance schedule is in place when building opens
  • Bid, negotiate and execute ongoing service contracts
  • Understand minimum requirements for running equipment if the building is unoccupied; if possible, negotiate longer warranties due to occupancy
  • Develop tracking tool to ensure commissioning, warranties and contracts are received from contractor/developer
  • Coordinate the setup of a new management office or touch down office if applicable
  • Collaborate with Accounting and Client to ensure all Accounting processes are in place
  • Seek out opportunities to bring in additional revenue for ownership

Qualifications


Skills Abilities

  • Excellent organizational skills and ability to multi-task and prioritize
  • Effective business writing and communication skills
  • Customer service oriented

Minimum Qualifications

  • 3 years full time experience managing commercial properties including experience with significant operational issues such as operational emergencies or building renovation
  • Proficient in MS Word and Excel
  • Yardi experience preferred, but not required
  • Associates degree in Business Management preferred
  • Demonstrates professionalism in every aspect of work performance including positive, enthusiastic attitude

Job Summary

JOB TYPE

Other

INDUSTRY

Building Construction

SALARY

$109k-147k (estimate)

POST DATE

11/18/2022

EXPIRATION DATE

05/09/2023

WEBSITE

urbanrengroup.com

HEADQUARTERS

PORTLAND, OR

SIZE

100 - 200

FOUNDED

2006

TYPE

Private

CEO

ROBERT LINDSAY

REVENUE

$10M - $50M

INDUSTRY

Building Construction

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About URBAN RENAISSANCE GROUP

Urban Renaissance Groupengages in acquisition, development, asset management and property management services.

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The following is the career advancement route for Property Manager positions, which can be used as a reference in future career path planning. As a 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 Property Manager. You can explore the career advancement for a Property Manager below and select your interested title to get hiring information.

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If you are interested in becoming a 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 PROPERTY MANAGER for your reference.

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

Quotes from people on PROPERTY MANAGER job description and responsibilities

The property manager may handle all of the technicalities, such as performing criminal background and credit checks, confirming employment, and gathering references.

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A good property manager will be able to help with marketing by advertising on select online platforms and using offline marketing tools.

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A property manager knows how to screen tenants thoroughly and efficiently to find responsible and reliable renters.

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When a tenant violates an agreement or does not pay their rent, the property manager knows how to properly file and execute the eviction.

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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 PROPERTY MANAGER jobs

Collects and deposits monthly rent payments on time.

01/30/2022: Evansville, IN

Acquire Property Management Certifications.

01/24/2022: Stamford, CT

Get the Needed Real Estate Education.

01/18/2022: Lancaster, PA

Develop a system to find the right tenant.

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Have a long-term strategy and set goals.

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Step 3: View the best colleges and universities for PROPERTY MANAGER.

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