Part-Time Property Manager

Company Description

Balco Properties LTD., LLC is a privately held, full-service Real Estate Investment and Management Company with over 40 years of experience. The company manages a diverse portfolio of more than 70 properties across Northern and Southern California, offering tenants flexibility and a wide range of options. Balco Properties specializes in commercial real estate, including Historical High-rise, Business Park, Industrial, Medical, and R&D spaces. Known for its commitment to building lasting relationships, the company focuses on meeting clients' specific needs with exceptional performance.

Role Description

The Part-time Property Manager is responsible for the professional management of a small portfolio of assigned properties. The tasks required for this position will require experience, flexibility, excellent organization and attention to detail. The Property Manager is primarily responsible for maintaining and improving commercial real estate assets as well as monitoring the fiscal performance of the properties.

Essential Job Functions:

• Act as a point of contact for tenants/vendors, responding to problems and concerns of tenants and enforcing rules and regulations.
• Schedule and coordinate preventive maintenance for properties. Follow up as required to ensure completion of maintenance tasks.
• Conduct property inspections as needed and space audits annually.
• Lease Renewals – run reports in Yardi quarterly and draft amendments/leases.
• Participate in the preparation, review and approval process of annual budgets, CAM estimates, reconciliations, and audits.
• Review vendor bills for accuracy and approve Invoices in Yardi.
• Maintaining building keys, ready-keys, ordering new signage for tenants and buildings and coordinating tenant move-ins and move-outs.
• Management of various vendors and contractors (janitorial, roofing, HVAC, etc.)
• Implement and maintain property binders, tenant files, and records.
• Draft memos or information notices for tenants.
• Administer and account for TI Allowances due to tenants upon job completion per the lease.
• Oversee construction projects with construction manager(s), including approving construction contracts and invoices.
• Market vacancies as needed on Craigslist and/or with Brokers.
• Keep collections on track with tenants paying timely and receiving late fees as appropriate.
• Misc Office management customer service and organization.
• Special Projects as assigned.

Requirements:

·        Bachelor’s degree (B.A) from a four-college or university or 5 years related experience preferred and/or training or equivalent combination of education and experience preferred.

• Excellent written and oral communication skills.
• Proficient in Microsoft Office (Excel, Word, Outlook). Experience with Yardi or other real estate accounting software is a plus.
• Ability to work independently and collaboratively.
• Excellent organization skills. Strong verbal and written communication skills.