Commercial Property Manager

BGSF; Oak Brook (IL); Hybrid; USD 60,000 - 100,000; Full time

Job summary

Join a dynamic Property Management team as a Property Manager, where you'll oversee the operations of a diverse portfolio of retail shopping centers. This role emphasizes strong tenant relationships, operational excellence, and financial performance. Collaborate closely with your Associate Property Manager to ensure tenant satisfaction, manage vendor services, and prepare detailed financial reports. This position offers a competitive salary, performance incentives, and a range of attractive benefits, making it a great opportunity for those looking to grow in the commercial real estate sector. If you're motivated and eager to make an impact, this is the role for you!

Benefits

Medical/Dental/Vision Insurance

Short-Term Disability

Long-Term Disability

Work/Life Balance

Qualifications

• 3+ years of experience managing retail or shopping center properties.
• Strong financial and analytical skills required.

Responsibilities

• Oversee day-to-day operations of retail shopping centers.
• Prepare annual budgets and monitor expenses.

Skills

Property Management

Financial Analysis

Tenant Relations

Attention to Detail

Problem Solving

Education

Bachelor's Degree in Business, Accounting, or Finance

Equivalent hands-on experience

Tools

Microsoft Office 365

Yardi

Job description

National Talent Coordinator for the East & West Coast! | Senior Recruiter | Commercial Real Estate Staffing in property management! | Career growth…

Commercial Property Manager (Hybrid)

Direct Hire

Oak Brook, IL 60523

Summary of Position

Seeking a skilled and motivated Property Manager to join a dynamic Property Management team. In this role, the Property Manager will collaborate closely with their dedicated Associate Property Manager to oversee the day-to-day operations of a diverse portfolio of retail shopping centers. The primary focus will be on fostering strong tenant relationships and ensuring the properties are well-maintained and running smoothly.

As the main point of contact for both tenants and vendors, the Property Manager will meet with key stakeholders on-site regularly to address any issues, ensure satisfaction, and maintain operational excellence. The role also includes a range of accounting responsibilities, such as preparing monthly operating reports, budget variance reports, CAM reconciliations, and annual budget preparations. Additionally, the Property Manager will work in a close partnership with the broader company to monitor and drive the overall financial performance of the portfolio.

Responsibilities

1. Establish and maintain positive relationships with all our tenants to ensure tenant satisfaction and retention in their +/-1.5M SF portfolio of properties.
2. Perform regular inspections of properties, recommend alterations, maintenance, and reconditioning of properties as they pertain to the portfolio.
3. Prepare annual operating budgets and monitor all expenses.
4. Negotiate and contract for vendor services and supervise work as required.
5. Respond to property and tenant needs and coordinate with the team to resolve issues. Available to supervise property maintenance urgent matters 24/7.
6. Work with their Associate Property Manager to oversee the timely collection of rent, payment of expenses, compliance with lease terms, and preparation of all required legal notices.
7. Timely prepare or review for accuracy reports including operational summaries, collections, variance reports, and year-end reconciliations.
8. Supervise the planning and implementation of operating expenditures.
9. Interact regularly with clients and teams to ensure that business objectives are being met.
10. Review, manage, and approve invoices for payment.
11. Related duties as assigned.

Desired Skillsets & Qualifications

1. The ideal candidate will possess a bachelor’s degree in Business, Accounting, Finance, or a related field, or have equivalent hands-on experience in a similar setting. A minimum of 3+ years of experience managing Retail or Shopping Center properties is required.
2. Strong computer and internet skills, including Microsoft Office 365, and experience using CRE management software such as Yardi (Preferred)
3. Strong financial and analytical skills
4. Solid understanding of lease terms and language, with the ability to interpret as needed
5. Ability to maintain strong attention to detail with a continued high efficiency and accuracy rate for performing work/tasks
6. Ability to spot issues proactively and head them off and/or start the solution process
7. Local travel in suburbs of Chicago
8. Desire to learn and grow

The position responsibilities outlined above are in no way to be construed as all-encompassing. Other duties, responsibilities, and qualifications may be required and/or assigned as necessary.

Competitive salary, performance-based incentive, and attractive benefits which include (Medical/Dental/Vision) through BCBS of Illinois, STD/LTD, and work/life balance.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Other