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Thalhimer

Commercial Portfolio Manager

Career Insights for Property Manager

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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.

$75,488 / year median in Virginia

+7% projected growth

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Job Description

Commercial Portfolio Manager Thalhimer - 3.3 Glen Allen, VA Job Details Full-time $70,000 - $100,000 a year 1 hour ago Benefits Health insurance Dental insurance Paid time off Vision insurance 401(k) matching Employee stock ownership plan Qualifications Customer communication Employee relationship building Stakeholder relationship building Full Job Description
PRIMARY FUNCTION
Responsible for maintaining both the physical and fiscal aspects of a portfolio of properties (i.e. retail, office, industrial, office-medical, etc.) with a thorough understanding of real estate fundamental and business management.
EDUCATION
A Bachelor's degree from accredited college or university, preferred, or 5 years related experience in property management.
QUALIFICATIONS
Strong leadership and motivational abilities. Exceptional communication skills and the ability to interact with a wide range of people. Attention to detail. Ability to multi-task. Computer skills, positive attitude, and team-oriented approach.
BASIC FUNCTION
Maximizing the value of the property in accordance with each client's mission, goals, and objectives.
RELATIONSHIPS
Supervises all on-site personnel, as applicable, at properties assigned. Maintains relationships with associates and all other departments within the company. Maintains relationships with supplies, vendors, and others serving the Company or the property. Maintains relationships with clients and tenants of assigned portfolio.
ACTIVITIES
The activities listed here are not all-inclusive; rather, they indicate the types of activities normally performed by this position. Maintaining the physical asset. Procure, coordinate, manage, and supervise employees and contractors necessary for the maintenance operations of the property. Conducts formal site inspections of property interior and exterior. Makes recommendations for physical repairs and/or replacements. Ensures observance of any risk management items. Financial reporting and control Approve invoices and processes in accordance with Company procedures. Reviews all monthly financial reports prior to submittal to client(s). Communications with accounting and lease administration. Preparation and monitoring of property operating budget. Administration Handles employee selection, training, and control, and assures that all supervised employees comply with the appropriate policies and procedures. Interfaces with outside professionals regarding legal, accounting, insurance, tax, and other matters, as appropriate. Ensures property files and records are maintained. Continually improves management and technical skills. Spends agreed-upon percentage of time in both office and property visits obtaining market knowledge, tenant relations, and asset evaluation. Completes all duties in a professional and timely manner. Expectations Polite/respectful (internal and external) Committed to customer service Professional in both dress and demeanor Take ownership and understand entire property operations - physical/fiscal Communicate effectively and efficiently (keeps all parties informed) Owners Tenants Brokers Accounting Maintain effective balance Responsive to requests whether internal or external to the company Team member and collaborative Understand "big picture" of property and operations and how to increase NOI (net operating income) for owner/client All interested applicants should respond with an attached resume and salary requirements. Cushman & Wakefield | Thalhimer is an Equal Opportunity Employer.