A Property Manager manages operations for an apartment building or complex. Recruits and screens tenants for apartments, collects rents and security deposits, responds to requests or complaints from tenants, supervises maintenance and repairs; oversees payment of bills, insurance, taxes and recordkeeping. Manages property and services on behalf of a community association, for properties such as condominiums or cooperatives. Collects fees or dues, responds to requests or complaints, supervises maintenance, oversees work done by contractors, and provides accounting of income and expenses. May also assist owners or a board of directors with regulatory compliance or compliance with community association rules. Manages the operation of commercial or residential properties. Oversees the collection of rents and payment of bills, taxes and insurance for properties, and provides property owners with reports on finances and the status of properties. Directs leasing operations, or equipment and machinery rentals, for a company or business. Determines charges and prepares rental or lease agreements; supervises inventory, equipment maintenance and recordkeeping for leasing operations.
Royal Oak, MI Job Details Full-time $85,000 - $90,000 a year 1 day ago Qualifications Customer communication Driver's License Bachelor's degree Commercial property management Task assignment Accounting experience within real estate
Full Job Description Principal Objective of Position:
The Property Manager is responsible for the day-to-day management efforts related to a portfolio of on-campus and off-campus medical office buildings. This position is responsible for implementing financial and operational initiatives in accordance with policies and budgets. Heavy Commercial Real Estate and Commercial Accounting Experience Required.
Essential Functions:
The following reflects management's definition of essential functions for this job but does not restrict the tasks that may be assigned. Management may assign or reassign duties and responsibilities to this job at any time due to reasonable accommodation or other reasons. Oversee all lease administration duties. Monitor collections and coordinate default proceedings. Approve pre-postings for monthly tenant charges. Ensure compliance with Property Management Policies and Procedures, codes, regulations, and governmental agency directives. Develop comprehensive annual inspection processes for properties; complete weekly, monthly quarterly, and annual property inspections as required for assigned assets, Cornerstone's best practices, and/or client requirements. Develop operating and capital budgets Perform CAM reconciliations and ensure smooth recovery process. Prepare monthly accruals Complete owner specific monthly financial reporting packages Review and approve property rent rolls monthly to ensure accuracy Bid, negotiate, and manage conformity with vendor contracts in accordance with Cornerstone's contract requirements and/or client requirements. Manage tenant move ins/move outs, walk suites Maintain interface with third party owners and accounting team to ensure total contract compliance, including preparation of accurate and timely reporting. Coordinate and oversee on behalf of the client, all tenant and building construction work to ensure timely and accurate completion. Provide and foster positive relationships with tenants, vendors, external clients, and internal departments.
Other Responsibilities:
Participate in leasing and client term meetings and ensure effective communication between leasing and property management team members to achieve client's goals and objectives. Facilitate quarterly meetings with facility supervisors. Other duties as assigned.
Education and Experience Required:
Bachelor's Degree in Sales, Real Estate, Business Management, or related field. Minimum of 3 years' previous experience in commercial real estate property management. Valid Real Estate license or the ability to obtain Real Estate license within 1 year of date of hire.
Knowledge, Skills, and Abilities Required:
Strong knowledge of finance and building operations concepts and processes. Ability to effectively analyze, prioritize, and delegate. Ability to operate independently and as a member of a team. Strong verbal and written communication skills. Valid driver's license and the ability to travel, as needed, to client locations.
Preferred Qualifications:
CAM or RPA designation or currently working toward these designations strongly preferred.
Work Environment:
This position works in a corporate office environment. Little to not exposure to outside elements. This position regularly uses standard office equipment, including but not limited to a computer, keyboard, mouse, copy machine, fax machine, etc.
