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Assistant Property Manager (commercial properties)

Category: Professional
Location: Palo Alto, CA 94303
Pay: $70,000.00 Annually
Posted: 1 week ago
Status: Open

Description

Assistant Property Manager (commercial properties)


Assistant Property Manager role with a real estate investment and management firm. Position will join a small team and assist with first party management of office campus property in Palo Alto (around 500K sq. ft.). MUST HAVE commercial property experience. Sits onsite, in office daily, $70K - $75K DOE + annual bonus potential + strong benefits. 


What's in it for you?

  • Annual bonus potential
  • Strong benefits package

Assistant Property Manager (commercial properties) Details:

  • Direct Hire position
  • $70,000.00 to $75,000.00 /annually
  • First Shift (Monday through Friday from 08:00am to 05:00pm)

 

  • Coordinates building access to brokers, tenants, and vendors.
  • Responsible for building and maintaining relationships with tenants and vendors.
  • Assists with site inspections including vendor site visits, appraisal tours, and lender inspections.
  • On call for fire alarms and other property emergencies.
  • Oversee service contracts, purchase orders, and work authorizations.
  • Expected to actively find ways to reduce operating expenses while striving to increase the quality of service we provide tenants.
  • Responsible for ensuring code compliance and proper equipment maintenance for all properties.
  • Actively participate in operations meetings.
  • Assist with move-ins and move-outs.
  • Coordinate tenant appreciation events,
  • Assist with CAM reconciliations & CAM Estimates.
  • Prepares license agreements, telecommunication agreements, approval memos, and legal notices (such as 3-day notices)
  • Assists in reforecasting of property budgets (simple, corporate allocations) Conduct quarterly property inspections, including MRI input.
  • Documenting and processing risk management insurance claims.
  • Assist with tenant chargebacks and adjustments and associated backup documentation processing.
  • Assist with financial reporting when needed including: 
    • Review and approve of property accounts payable invoices
    • Assist with a variety of accounts receivable functions, such as delinquency calls and letters, payable applications, and delinquency notes
    • Verify monthly rental updates
    • Assist in monthly reporting process, including ledger review and making expense accruals

Assistant Property Manager (commercial properties) Qualifications:

  • Bachelor's Degree preferred.
  • Real Estate License (will allow for time to obtain after offered the position)
  • Minimum of 2-3 years’ experience in property management, MUST HAVE experience with COMMERCIAL properties (office or retail or industrial etc.). 
  • Experience with Budgeting and CAM Reconciliation processes. 
  • Must be proficient with word processing & spreadsheet software (Word and Excel).


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Qualifications

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