Jobs and Careers
CI

Sr. Property Manager (Commercial)

CIM Group
United Statesfull_timeVerifiedPosted 2 Aug 2024
💰 $160,000/yr($120,000/yr$160,000/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 Sr. Property Manager will be responsible for managing, directing, and coordinating operations for the assigned asset(s) and ensuring corporate and ownership objectives are met. The Sr. Property Manager is accountable for protecting, maintaining, and enhancing the value of assigned asset(s) to maximize the owners’ financial return and for the benefit of the tenants, consumers, and the communities in which those assets are located. Achieve results through coordination with marketing, construction, and operations teams as well as collaboration with leasing, development, accounting, risk management, investments, and portfolio oversight departments to realize stated goals and objectives.

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 responses to service requests and administer affairs at strategic and operating levels for the mutual benefit of the tenants and property NOI.
  • Ensure tenant compliance with all lease terms. Review all leases and track priority sections regarding co-tenancy, kick out clauses, exclusive use clauses and NNN caps. Review and approve annual CAM Estimates and Reconciliations.
  • 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. Contract with outside vendors, develop scope of work documents for contracted services, competitively bid services including regular re-bidding of recurring services. Monitor contractor performance and ensure contract compliance.
  • Perform financial management and recordkeeping activities, such as:
  • -        Collecting rents and other receivables, invoicing tenants as permissible by the lease and aggressively pursuing delinquencies.-        Manage payables, consistent with approved budgets, contractor/supplier performance, corporate accounting directive and expense containment initiatives.-        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.
  • -        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.-        Direct employee participation in company workplace illness and injury prevention programs and assure adherence to accident-avoidance initiatives.-        Provide post-accident follow-up including reporting, investigation and liaison for insurance, legal and incident prevention purposes.
  • Demonstrate excellent communication skills in both verbal and written interactions with all internal and external parties. Function as liaison between assigned property and CIM investment team, leasing representatives, development personnel and other internal parties. Support activities may include but are not limited to:
  • -        Assure space is in show-ready condition, provide input as leases are negotiated and provide cost estimates for landlord work.-        Participate in due diligence activities.-        Gather and analyze financial and statistical data for decision making.

SUPERVISORY RESP

Apply for this role

Generate a tailored application kit with a matched cover letter, interview prep, and CV highlights — in under 60 seconds.

Apply Now →Generate Application Kit

Free account required — sign up in 30s

Company

CIM Group

View company profile →