Commercial Property Manager
Posted on Sep 25, 2024 by Stream Realty
Chicago, IL
Real Estate
Immediate Start
Annual Salary
Full-Time
Job Description
POSITION OVERVIEW
The Commercial Property Manager is responsible for the direct management and oversight of an assigned commercial office property with the goals of maximizing the asset value for the property owners while keeping tenants satisfied.
ESSENTIAL FUNCTIONS
Resolve property management issues; Maintain the property.
Full responsibility for the financial performance of the property; Report the monthly financial results.
Ensure adherence to owners’ policies and procedures.
Partner with Leasing professionals to resolve leasing issues and keep the properties occupied.
RESPONSIBILITIES
Maintain personal contact with property owner(s) and tenants.
Monitor lease expirations and work with leasing team to maximize tenant retention.
Complete monthly AR collections
Complete the monthly reporting according to owner's needs.
Ensure compliance with management agreements.
Coordinate property/owner teams including property management, accounting, marketing, and construction.
Competitively bid service contracts annually and all other services as needed.
Manage vendors.
Supervise team, including maintenance personnel.
Assemble, review, and implement operating and capital budgets.
Assemble and review operating expense reconciliations.
Establish AR/AP guidelines, track performance and monitor recovery process.
Conduct routine property inspections to prevent/identify problems and exposures.
Coordinate insurance procurement, electricity procurement, and real estate tax review processes for properties
Ensure compliance with codes, regulations, and governmental agency directives.
Assure optimal functioning of building life safety and security systems.
POSITION OVERVIEW
The Commercial Property Manager is responsible for the direct management and oversight of an assigned commercial office property with the goals of maximizing the asset value for the property owners while keeping tenants satisfied.
ESSENTIAL FUNCTIONS
Resolve property management issues; Maintain the property.
Full responsibility for the financial performance of the property; Report the monthly financial results.
Ensure adherence to owners’ policies and procedures.
Partner with Leasing professionals to resolve leasing issues and keep the properties occupied.
RESPONSIBILITIES
Maintain personal contact with property owner(s) and tenants.
Monitor lease expirations and work with leasing team to maximize tenant retention.
Complete monthly AR collections
Complete the monthly reporting according to owner's needs.
Ensure compliance with management agreements.
Coordinate property/owner teams including property management, accounting, marketing, and construction.
Competitively bid service contracts annually and all other services as needed.
Manage vendors.
Supervise team, including maintenance personnel.
Assemble, review, and implement operating and capital budgets.
Assemble and review operating expense reconciliations.
Establish AR/AP guidelines, track performance and monitor recovery process.
Conduct routine property inspections to prevent/identify problems and exposures.
Coordinate insurance procurement, electricity procurement, and real estate tax review processes for properties
Ensure compliance with codes, regulations, and governmental agency directives.
Assure optimal functioning of building life safety and security systems.
Reference: 202392063
https://jobs.careeraddict.com/post/95559504
Commercial Property Manager
Posted on Sep 25, 2024 by Stream Realty
Chicago, IL
Real Estate
Immediate Start
Annual Salary
Full-Time
Job Description
POSITION OVERVIEW
The Commercial Property Manager is responsible for the direct management and oversight of an assigned commercial office property with the goals of maximizing the asset value for the property owners while keeping tenants satisfied.
ESSENTIAL FUNCTIONS
Resolve property management issues; Maintain the property.
Full responsibility for the financial performance of the property; Report the monthly financial results.
Ensure adherence to owners’ policies and procedures.
Partner with Leasing professionals to resolve leasing issues and keep the properties occupied.
RESPONSIBILITIES
Maintain personal contact with property owner(s) and tenants.
Monitor lease expirations and work with leasing team to maximize tenant retention.
Complete monthly AR collections
Complete the monthly reporting according to owner's needs.
Ensure compliance with management agreements.
Coordinate property/owner teams including property management, accounting, marketing, and construction.
Competitively bid service contracts annually and all other services as needed.
Manage vendors.
Supervise team, including maintenance personnel.
Assemble, review, and implement operating and capital budgets.
Assemble and review operating expense reconciliations.
Establish AR/AP guidelines, track performance and monitor recovery process.
Conduct routine property inspections to prevent/identify problems and exposures.
Coordinate insurance procurement, electricity procurement, and real estate tax review processes for properties
Ensure compliance with codes, regulations, and governmental agency directives.
Assure optimal functioning of building life safety and security systems.
POSITION OVERVIEW
The Commercial Property Manager is responsible for the direct management and oversight of an assigned commercial office property with the goals of maximizing the asset value for the property owners while keeping tenants satisfied.
ESSENTIAL FUNCTIONS
Resolve property management issues; Maintain the property.
Full responsibility for the financial performance of the property; Report the monthly financial results.
Ensure adherence to owners’ policies and procedures.
Partner with Leasing professionals to resolve leasing issues and keep the properties occupied.
RESPONSIBILITIES
Maintain personal contact with property owner(s) and tenants.
Monitor lease expirations and work with leasing team to maximize tenant retention.
Complete monthly AR collections
Complete the monthly reporting according to owner's needs.
Ensure compliance with management agreements.
Coordinate property/owner teams including property management, accounting, marketing, and construction.
Competitively bid service contracts annually and all other services as needed.
Manage vendors.
Supervise team, including maintenance personnel.
Assemble, review, and implement operating and capital budgets.
Assemble and review operating expense reconciliations.
Establish AR/AP guidelines, track performance and monitor recovery process.
Conduct routine property inspections to prevent/identify problems and exposures.
Coordinate insurance procurement, electricity procurement, and real estate tax review processes for properties
Ensure compliance with codes, regulations, and governmental agency directives.
Assure optimal functioning of building life safety and security systems.
Reference: 202392063
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