Property Manager (Commercial Real Estate)
Property Manager (Commercial Real Estate)
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$ 110000 - 125000
1 Vacancy
Job Description
Embarcadero Capital Partners is a real estate investment and management firm based on the San Francisco Peninsula. We invest in dynamic development-constrained U.S. markets that are known for intellectual capital and a creative business culture.
Join a Diverse and Talented Team:
Embarcadero Capital Partners consists of a diverse team of seasoned industry professionals. We have the experience and expertise to identify and capitalize on opportunities in every major U.S. market. Our groups capabilities encompass all aspects of commercial real estate including acquisition finance development leasing management and disposition. ECPs in-house management and leasing staff work with a variety of third-party brokers and property management groups to execute defined operating and investment objectives.
We are seeking an experienced Assistant Property Manager with three to five years of experience in the role who is ready to advance to the next step or a Property Manager with two to three years of experience.
Job Title: PROPERTY MANAGER
ACCOUNTING FUNCTIONS
- Administer budgets in accordance with approved guidelines
- Review and approve accounts payable
- Prepare executive summaries for monthly financial reports
- Prepare monthly variance reports
- Prepare annual budgets and semi-annual or more frequent reforecasts
- Prepare CAM and escalation worksheets as basis for billing statements
- Prepare lease abstracts and/or review those prepared by PA
- Review rent rolls and stacking plans for accuracy
- Review accounts receivable and pursue delinquent tenant accounts
ADMINISTRATION
- Supervise all aspects of managing the property
- Nurture effective relations with vendors and/or recommend replacement services
- Prepare or review all legal notices default NNR etc.
- Supervise daily activities of all on-site management staff
- Keep Director of Property Operations (DPO) apprised of all significant activity at the property
MAINTENANCE
- Conduct or review regular property inspections and develop associated action plans
- Develop and maintain policies to ensure required repairs and maintenance
- Develop and maintain tickler system for recommended capital replacements
- Supervise in-house and third-party engineering personnel
- Set priorities for engineering staff with assistance of Director of Engineering
- Review and accept/reject proposals by others for routine repairs and improvements
- Solicit proposals for capital improvements and major repairs and present for approval
- Ensure ongoing curb appeal of property to maximize rent potentials
LEASING/TENANT RETENTION
- Develop and maintain good tenant relations
- Ensure that lease terms are administered properly and on time
- Respond to tenant inquiries and problem calls beyond the scope of other staff
- Develop promotional programs to enhance tenant retention
- Coordinate property management needs with third party brokers or internal Leasing Directors marketing activity
BEST-SELF ATTRIBUTES
- Comfortable in small office atmosphere
- Exercises initiative and creativity
- Self-starter able to work with minimal supervision
- Detail oriented able to prioritize exceptional organization
- Strong problem solving and follow-up skills
- Ability to motivate others and lead by example
- Ability to delegate to others and nurture career growth of staff
OFFICE SKILLS:
- Strong written and oral English communication skills
- Strong Excel skills
- Good math skills
- Some basic accounting experience
- Knowledge of general office administration
- Intermediate computer skills: Microsoft Word Outlook Adobe Acrobat and Internet software
- MRI experience desirable not required
COMPETENCIES/EXPERIENCE REQUIRED:
- 4 years in CRE industry
- Demonstrated ability to communicate effectively across all levels of employees and corporate management
- Firm understanding of leasing concepts and ability to partner with broker to oversee leasing activity for property
- Demonstrated ability to supervise others positively and effectively
BENEFITS
- 401k
- Medical Dental Vision
- Life Insurance
- Paid Time Off
- Paid Holidays
PAY TRANSPARENCY
This job posting may span more than one career level.
In addition to base salary this job may be eligible to participate in our corporate discretionary bonus program and depending on the position offered it may also be eligible to receive a commission. Additionally ECP offers a wide range of benefits to full-time employees including medical dental and vision insurance 401(k) program with employer match vacation and sick leave.
To provide greater transparency to candidates we share base pay ranges for all California based jobs. We set standard base pay ranges for all roles based on function level and geographic location benchmarked against similar industry companies. Final offer amounts are determined by multiple factors including skills depth of work experience and relevant licenses/credentials and may vary from the amounts listed below.
The base pay range for this position is: $110000.00-$125000.00 Bonus
EEO STATEMENT
ECP is committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates. ECP is an equal opportunity employer and as such openly support and fully commit to recruitment selection placement promotion and compensation of individuals without regard to race color religion age sex (including pregnancy gender identity and sexual orientation) genetic information national origin disability status protected veteran status or any other characteristic protected by federal state or local laws. We believe that diversity and inclusion among our teammates is critical to our success.
Required Experience:
Manager
Employment Type
Full-Time
