Property Manager

Undisclosed; Santa Monica (CA); On-site; USD 70,000 - 90,000; Full time

Job summary

A real estate development firm in Santa Monica seeks a Property Manager to oversee residential properties. The ideal candidate will manage day-to-day operations, handle budgeting, maintain tenant relationships, and ensure compliance with lease agreements. Applicants should have a college degree, five years of experience in property management, and a California Real Estate License. This position offers an excellent opportunity to work in a dynamic environment focusing on tenant satisfaction and operational efficiency.

Qualifications

• Minimum of a four-year college degree.
• Minimum of five years previous Property Management experience.
• State of California Real Estate License.

Responsibilities

• Develop and implement the strategic plan for the property.
• Prepare annual budget and financial reports.
• Monitor and enforce lease agreements and tenant charges.
• Ensure budget adherence and forecast property cash flow.
• Maintain positive relationships with tenants and occupants.
• Hire and supervise the property management team.
• Oversee tenant and capital improvements.

Skills

Property management experience

Tenant relationship management

Budget management

Negotiation skills

Education

Four-year college degree

Job description

A prominent real estate development, management and investment firm is looking for a Property Manager to join our team. This person will have experience managing mixed use residential properties and be comfortable interacting with tenants at one of our beautiful properties in Santa Monica, CA.

Job Description

• Develops and implements the approved strategic plan for the property. Has primary responsibility for the day-to-day operation of the property to ensure that all site operations are consistent with the building’s overall objectives
• Prepares annual budget, monthly financial variance reports, operations analysis, and leasing activity reports for the client and ensures that all reports are reviewed and approved by the responsible Asset Manager.
• Monitors and enforces the terms of all lease agreements, the billing and collection of rents and other tenant charges in compliance with leases. Responsibilities include all aspects of lease administration including critical date master scheduling, lease notification and renewal notices.
• Ensures adherence to the approved budget with primary responsibility for variance reporting; forecast cash flow of property; review real estate tax assessments; and file required municipal reports.
• Establishes and maintains open, positive relationships at all times with tenants and occupants ensuring that all services and needs are met and in compliance with leases and agreements. Conducts periodic visits, inspections and surveys and develops and implements effective tenant retention programs.
• Hires, trains, and supervises (directly and indirectly) a qualified team of building, administrative, maintenance, and engineering for the property to promote efficient and cost-effective operation.
• Oversees completion of tenant and capital improvements consistent with local codes and in compliance with leases and work letter agreements to ensure owner and tenant acceptance, timely completion, occupancy and rent commencement.

Requirements

• Minimum of a four-year college degree
• Minimum of five years previous Property Management experience
• State of California Real Estate License