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Property Manager (Commercial)
CIM GroupLos Angeles, United Statesfull_timeVerifiedPosted 13 Feb 2025
💰 $105,000/yr($90,000/yr – $105,000/yr)
About the role
ABOUT CIM GROUP:CIM is a community-focused real estate and infrastructure owner, operator, lender, and developer. Our team of experts works together to identify and create value in real assets, benefiting the communities in which we invest. Back in 1994, our three founders focused on projects in Southern California neighborhoods. Today, we are a diverse team of 1,000+ employees with projects across the Americas. Our projects have delivered jobs; created comfortable places to live, work, and relax; and provided necessary and sustainable infrastructure. Our focus on enhancing communities is unwavering, and we strive to make an even greater impact in the years to come. Join us and make an impact today!
POSITION PURPOSE:The Property Manager oversees all aspects of a single property or portfolio of commercial, industrial or retail properties. The primary objective is to achieve maximum return on investment by ensuring ownership and tenant satisfaction, increasing profitability and building value, as well as continuous enhancement of overall building operations.
POSITION PURPOSE:The Property Manager oversees all aspects of a single property or portfolio of commercial, industrial or retail properties. The primary objective is to achieve maximum return on investment by ensuring ownership and tenant satisfaction, increasing profitability and building value, as well as continuous enhancement of overall building operations.
ESSENTIAL FUNCTIONS:
- Oversee day-to-day operational management of buildings and grounds consistent with CIM policies and procedures, approved budgets, business plans and management direction.
- Develop property business plans and annual operating budgets with a focus on increasing revenues, controlling costs and maximizing the leasability of the property accurately and on time.
- Achieve customer service excellence through tenant-focused relationship programs and processes that exceed guest expectations. Lead your team to anticipate tenant needs, assure positive and prompt response to service requests and administer affairs at strategic and operating levels for the mutual benefit of the tenants and property NOI.
- Prepares and delivers timely, accurate and complete financial reporting requirements. Forecasts management plans and prepares monthly performance reports, providing all necessary details and variance explanations.
- Manages vendor relationships effectively to ensure service expectations and contract obligations, including bid and insurance requirements.
- Provide quality-control oversight, implement cost-containment initiatives and liaison between tenants and third-party service providers as necessary.
- Perform financial management and recordkeeping activities, such as:
- o Collecting rents and other receivables, invoicing tenants as permissible by the lease and aggressively pursuing delinquencies.
- o Manage payables, consistent with approved budgets, contractor/supplier performance, corporate accounting directive and expense containment initiatives.
- o Accurately report transactions using corporate accounting systems and methods in compliance with policies, procedures and timelines. Maintain documentation locally for management review and audits.
- Lead risk management efforts to minimize exposure and losses.
- o Obtain certificates of insurance and waivers from tenants, contractors, suppliers and other third parties and assure adherence to safety guidelines pertinent to property visitors, tenants and employees.
- o Direct employee participation in company workplace illness and injury prevention programs and assure adherence to accident-avoidance initiatives.
- o Provide post-accident follow-up including reporting, investigation and liaison for insurance, legal and incident prevention purposes.
- Function as liaison between assigned property and CIM asset managers, leasing representatives, development personnel and other internal parties. Support activities may include but are not limited to:
- o Assure space is in show-ready condition, provide input as leases are negotiated and provide cost estimates for landlord work.
- o Participate in due diligence activities.
- o Gather and analyze financial and statistical data for decision making.
SUPERVISORY RESPONSIBILITIES:
- Supervise on-site staff. Plan, organize and control employee-focused activities including but not limited to:
- o Assure compliance with all applicable employment laws, company policies and procedures, and management directives.
- o Plans and monitors appropriate staffing levels and utilization of labor, including overtime.
- o Facilitate employee development and training opportunities that promote maximum productivity.
- o Prepare and deliver regular performance appraisal for staff. Recommends staff recruitment, selection, promotion, advancement, corrective action and termination.
- o Mentor and coach team members to further develop competencies. Foster a positive team culture ensuring low turnover and high satisfaction for CIM employees and 3rd party staff members.
- o Leads by example and models beh
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