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Property Manager
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Scorecard
Based on Texas data
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What they do
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.
$66,492 / year median in Texas
+13% projected growth
Job Description
KEY RESPONSIBILITIES
- Oversee the day-to-day management and operations of a portfolio of neighborhood shopping centers.
- Build and maintain strong relationships with tenants by responding promptly and professionally to requests and concerns.
- Conduct routine property inspections to ensure each property is maintained to company standards.
- Coordinate repairs, preventative maintenance, landscaping, janitorial, security, and other property services.
- Manage vendor relationships, negotiate contracts, obtain competitive bids, and monitor contractor performance.
- Review and interpret commercial lease agreements to ensure landlord and tenant compliance.
- Coordinate tenant build-outs, remodels, and capital improvement projects with contractors, architects, municipalities, and ownership.
- Coordinate tenant build-outs and general contractor activity to ensure new tenants are moved into the center on schedule.
- Work closely with tenants throughout the construction and opening process.
- Prepare annual operating budgets and monitor property expenses throughout the year.
- Review invoices, approve operating expenses, and identify opportunities to control costs.
- Prepare and review annual CAM and NNN reconciliations and operating expense estimates.
- Coordinate certificates of insurance and ensure vendor and tenant compliance with insurance requirements.
- Assist with acquisitions, dispositions, due diligence requests, lender reporting, and property transitions.
- Maintain accurate property records, contracts, lease files, and vendor documentation.
- Collaborate with accounting, leasing, construction, and ownership to ensure efficient property operations.
- Travel regularly to properties throughout the Houston metropolitan area.
QUALIFICATIONS
Required- Minimum of 7 years of commercial property management experience, specifically with retail shopping centers.
- Strong understanding of commercial leases, CAM and NNN reconciliations, budgeting, and financial reporting.
- Experience managing tenant improvement and capital projects.
- Excellent organizational, analytical, and problem-solving skills.
- Strong written and verbal communication skills.
- Ability to manage multiple priorities in a fast-paced environment with minimal supervision.
- Proficiency with Microsoft Office, particularly Excel, Outlook, and Word.
- Experience with commercial property management software is preferred.
- Valid driver's license with the ability to travel to assigned properties.