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Commercial Property Manager

PublishedPublished: 6/14/2022
Real Estate

Job Description

Property Manager

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S. Charlotte, NC (in-office role)

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$90,000-110,000 + bonus (10-20%)

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The Property Manager oversees a portfolio of commercial office assets in the NC/SC Market

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Responsibilities

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  • Maintain assigned properties in good condition by contracting and scheduling repairs and maintenance.
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  • Build and maintain tenant relationships. Respond to tenant calls, emails, and requests for information and repairs. Visit tenants on-site and refer them to vendors when appropriate.
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  • Negotiate vendor contracts. Review bids for service level and pricing.
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  • Supervise vendors, including scheduling work, verifying completion per contract, and confirming pricing. Request insurance certificates.
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  • Prepare annual operating budgets, capital budgets, escalations, and year-end projections based on management agreements and owner instructions.
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  • Review annual reconciliations of common area maintenance, insurance, and real estate taxes for each tenant account and secure payment.
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  • Review and approve monthly accounting reports, ensuring building operations align with the approved budget.
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  • Prepare monthly and quarterly financial reports, including executive summaries, variance explanations, and forecasting.
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  • Coordinate tenant move-ins with the Assistant Property Manager (welcome letter, signage, keys, emergency procedures).
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  • Coordinate tenant move-outs (suite walk-through, security deposit, keys, cleaning).
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  • Review invoices for approval, coding, and budget compliance.
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  • Approve rent-up reports prior to monthly posting.
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  • Track utility and maintenance charges to ensure payment.
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  • Manage timely collection of tenant charges. Track aged delinquency reports, follow up on past-due balances, and follow lease protocol for default notices. Work with legal counsel on evictions when necessary.
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  • Assist with minor tenant upfits.
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Qualifications

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  • Bachelor's degree required (Real Estate or related field preferred), or 8+ years of property management experience.
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  • 3+ years managing an office portfolio
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  • Strong understanding of real estate operating and capital budgets and property operations.
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  • Experience in budget preparation, financial reporting, and property accounting systems.
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  • General understanding of commercial construction and experience managing minor tenant upfits.
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  • CPM and/or RPA designation (or candidate) and an active real estate license desirable
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  • MRI a plus, or other Property management softwares acceptable
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  • Strong proficiency in Excel and MS Office
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