Commercial Property Manager

PEG Property Group • Provo, UT

just now • Onsite

About The Position

PEG Property Group is a growing company headquartered in beautiful Provo, Utah. We specialize in management of multi-family and commercial properties. Our continued growth and success are made possible by our talented team and dynamic partnerships working together to ensure high level performance throughout the markets we operate in. This is a full-time position responsible for directly managing and supervising the commercial property portfolio.

Requirements

• 5-10 years of hands-on and executive level commercial property management experience.
• Microsoft Office applications and Yardi Commercial
• Utah sales agent license required
• Knowledge of Utah laws and regulations that relate to various real estate properties
• Expert knowledge of financial analysis and reporting
• Superb written and verbal skills
• Bachelor’s degree, or equivalent work experience
• Recent industry certification and training
• Spirited initiative and resourcefulness
• Entrepreneurial approach
• Remover of barriers
• Results focused
• Accountable

Nice To Haves

• Broker’s License preferred

Responsibilities

• Setting and executing measurable business goals and objectives, assuring the timely preparation of annual budgets, recommending capital expenditures, coordinating marketing and leasing activities for the commercial property portfolio, implementing commercial policies and procedures, and supervising commercial property maintenance personnel.
• Directly managing a portion of the commercial property portfolio and as such responsible for those duties of a Commercial Property Manager.
• Directing, supervising, and monitoring the activities of commercial personnel on a day-to-day basis, including training, developing, and coaching employees within the commercial property personnel.
• Preparing and conducting performance evaluations for staff supervised as required by Human Resources and to ensuring that education, credentials, and licensing of personnel are current.
• Review and approving commercial property operating statements for compliance with approved budgets. Review proposed major expense variances from commercial property budgets and make recommendations to property owners.
• Preparing, in a timely manner, of all documentation and information required for accounting department data input and report generation.
• Overseeing delinquency collection efforts, including the handling of delinquent accounts.
• Identifying major capital expenditure programs, such as remodeling programs and tenant improvements.
• Monitoring revenues from management and leasing fees from the commercial property portfolio and analyze commercial portfolio costs to ensure a profitable operation for this portion of the property management department.
• Approve all invoices and expenditure within approved expense limits.
• Coordinate accounting support with the corporate Controller.
• Review market data and make rental rate recommendations to asset managers and/or property owners.
• Monitoring each lease, property budgetary goals, governmental regulations, and Property Management Agreement requirements to ensure compliance.
• Ensuring timely and accurate reporting to asset managers and/or ownership in accordance with the Property Management Agreement.
• Implementing of the Investment Management Plan for commercial properties and ensure that said plans meet the property owners' standards, policies, goals, and objectives.
• Seeking approval from asset management and/or ownership for all economic lease terms, amendments, addendums, and tenant credit approval for new and renewal commercial leases.
• Overseeing the processing of all commercial property related leases, renewals, options and vendor contracts
• Coordinating commercial property lease term parameters for approval by each asset manager and/or owner; participate in lease negotiations, implement commercial portfolio marketing and leasing strategy, and supervision of outside broker contracts.
• Monitoring of commercial property related Rent Rolls, Lease Expirations, Operational Variance Reports, Delinquency Reports, and other reports required by the Management Agreements.
• Overseeing preventative maintenance programs, tenant retention programs, and emergency preparedness programs for the commercial portfolio.
• Assume the duties of Commercial Property Manager as determined by the President.
• Participate in special projects periodically assigned by the President.
• Duties and responsibilities may be added, deleted, or changed at any time at the discretion of the President, either verbally or in writing

What This Job Offers

• Job Type: Full-time
• Career Level: Senior