What are the responsibilities and job description for the Property Manager position at Larson Commercial Real Estate, LLC?
Description
Larson Commercial Real Estate, LLC is seeking a dedicated Property Manager to oversee the daily operations of our properties, ensuring a high level of tenant satisfaction and optimal property performance. This role involves managing all aspects of property management, from tenant relations and lease administration to maintenance coordination and budget management.
The ideal candidate will have a strong background in property management, possess strong leadership skills, and keen attention to detail. Join our team and play a crucial role in maintaining the quality and value of our real estate investments.
Job Responsibilities
- Oversee and manage day-to-day operations of multiple properties to ensure efficient and profitable management.
- Prepare and manage property budgets, monitor financial performance, and report on financial metrics.
- Review and prepare monthly financial reports, including accruals and variance reports.
- Review and approve all invoices for expenditures on the properties.
- Partner with Accounting Department to review calculations of common area maintenance (CAM), insurance and taxes on each property and review CAM reconciliations before they are sent to tenants.
- Collaborate with team members to prepare and manage annual capital and operating expense budgets and forecasts for portfolio.
- Implement effective rent collection procedures to minimize arrears and bad debts.
- Enforce lease agreements, ensuring compliance with legal requirements and company policies.
- Coordinate maintenance and repair activities, ensuring properties are well-maintained and in compliance with safety standards.
- Foster positive relationships with tenants, addressing complaints, and resolving issues promptly and effectively.
- Conduct regular property inspections to assess conditions and identify areas for improvement.
- Stay informed about industry trends and regulatory changes to ensure properties remain competitive and compliant.
- Prepare work specifications and secure competitive bid proposals for contracted services, recommend contract awards, and negotiate and execute property service contracts.
- Prepare and present regular reports on property performance and management activities to asset management
- Oversee aspects of tenant improvement work.
- Manage vendor relationships, negotiate contracts, and ensure high-quality service delivery.
- Develop and enforce emergency preparedness plans for properties, ensuring tenant safety and compliance with regulations.
Requirements
Job Requirements
- Bachelor's degree in business administration, Real Estate, or related field; or equivalent experience.
- Minimum of 3-5 years of experience in commercial property management.
- Proven track record of managing a diverse portfolio of properties.
- Proficiency in Yardi preferred.
- Basic understanding of the reconciliation process for CAM, insurance and real estate taxes.
- Strong financial acumen and experience managing budgets and financial reporting.
- Excellent communication and interpersonal skills.
- Proven ability to develop and maintain strong tenant and vendor relationships.
- Strong problem-solving skills and attention to detail. Ability to work independently.
Larson Commercial Real Estate, LLC offers a generous employee benefits & perks package:
- Profit Sharing Bonus Program
- 401(k) Employer Match up to 4%
- Medical Insurance (HDHP HSA 5000 plan is 100% paid for the employee)
- ER PD Telehealth
- Dental Insurance
- Vision Insurance
- ER PD Life, LTD & EAP Insurance
- Paid time Off (112 hours after 90 days)
- Holiday Pay (12 Holidays)
- Learning Time (20 hours per year)
- Volunteer Time (16 hours per year)
- Training & Education
- ER Events, Awards, Activities