Vice President Commercial Real Estate

Confidential

Houston (TX)

On-site

USD 200,000 - 245,000

Full time

14 days+

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Benefits offered by this job

Competitive Base Salary + Commissions
Health, Dental and Vision Insurance
Life/AD&D Insurance, STD, LTD
401(k) with Matching
Generous paid vacation days and holidays

Job summary

A well-established real estate firm is seeking a Vice President for Commercial Property Management in Houston, Texas. This role involves strategic planning, operational oversight, and financial management, where the candidate will enhance property value and maximize occupancy rates. The position requires a Bachelor's degree and extensive experience in commercial property management, with certifications like CPM being a plus.

Qualifications

  • Extensive experience in commercial property management is essential.
  • Certifications such as Certified Property Manager (CPM) and Real Estate Management (IREM) certification are a plus.
  • Solid understanding of property management principles, real estate laws, and market trends.

Responsibilities

  • Strategic planning, operational oversight, and financial management.
  • Maximizing occupancy rates and rental income through property management strategies.
  • Overseeing daily operations of commercial properties to ensure efficient management.

Skills

Strategic planning
Financial management
Leadership
Communication skills
Negotiation skills
Problem solving

Education

Bachelor's degree in business administration, real estate, or related field

Job description

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A well established real estate firm is seeking a Vice President, Commercial Property Management to join the commercial real estate division in Houston, Texas.

Responsibilities

• Strategic planning, operational oversight, and financial management.

• Developing and implementing comprehensive strategies to enhance property value, including tenant satisfaction initiatives, cost-effective maintenance programs, and capital improvement projects.

• Overseeing daily operations of commercial properties to ensure efficient management and maintenance.

• Maximizing occupancy rates and rental income through property management strategies, policies, and procedures.

• Managing vendors and developing key performance indicators to ensure all properties are maintained in top condition.

• Employing contractors to repair and maintain the building, plumbing, electrical, HVAC, and operating equipment.

• Leasing vacant commercial space, preparing leases and abstracts, billing monthly rents, and inputting data into LoopNet.

• Performing a variety of maintenance and construction duties involving HVAC systems, plumbing, electrical, and structural building maintenance.

• Preparing financial reports, operations and capital budgets, quarterly re-forecasts, and reconciliations.

• Implementing a preventive and operational maintenance program geared to the specific needs of properties within the assigned portfolio.

• Preparing annual operating and capital budgets and year-end reconciliations, ensuring operational compliance with industry and corporate standards.

• Overseeing and maintaining all new lease and lease renewal practices.

• Collecting all accounts receivables.

• Fielding, tracking, and following up on building maintenance issues.

• Performing quarterly property inspections and making detailed quarterly reports.

• Setting up new lease files and administering move-in and move-out procedures, inspections, and reports.

• Tracking Certificates of Insurance for tenants and vendors.

• Establishing, adjusting, and maintaining lease activity on Project Summary Reports and Rent Roll Reports.

• Preparing and submitting annual operating expenses reports.

• Abstracting leases, amendments, and certificate of insurance forms.

• Supervising on-site management employees to ensure optimum performance.

Requirements

• Bachelor's degree in business administration, real estate, or a related field.

• Extensive experience in commercial property management is essential.

• Certifications such as Certified Property Manager (CPM) designation and Real Estate Management (IREM) certification are a plus.

• Strong leadership, communication, and negotiation skills are crucial.

• Financial management, strategic planning, and problem-solving skills are required.

• A solid understanding of property management principles, real estate laws, and market trends is essential.

  • Competitive Base Salary + Commissions
  • Health, Dental and Vision Insurance
  • Life/AD&D Insurance, STD, LTD
  • 401(k) with Matching
  • Generous paid vacation days, sick days, and company-standard holidays
Seniority level
  • Seniority level
    Executive
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Management, Sales, and Business Development

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Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Disability insurance

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