Commercial Property Manager
About The Position
Mon Ami Real Estate is seeking a Commercial Property Manager for their Chicago, IL location. This role is responsible for the operational ownership of the company's commercial assets, including retail, office, industrial, and mixed-use properties. The Commercial Property Manager will manage day-to-day performance with an owner's mindset, focusing on tenant retention through professional and reliable property management. This is a hands-on role involving direct interaction with properties, tenants, and financial reporting, rather than a back-office administrative position. The successful candidate will be responsible for rent collection, work orders, tenant and vendor relationships, financial reporting, CAM reconciliations, lease administration, and coordinating tenant improvements. The role requires regular travel across the commercial portfolio.
Requirements
- 3+ years of commercial property management experience with direct, hands-on responsibility — not just oversight — for CAM reconciliations, lease administration, and tenant relations
- Real CAM reconciliation experience: you can track eligible expenses, build the year-end statement, and hold your own when a tenant pushes back on it
- Working knowledge of commercial lease structures — NNN, Modified Gross, and Gross — and how opex pass-throughs, renewal options, and default provisions actually work
- Financial literacy: you can build an operating budget, read a commercial P&L, and connect day-to-day decisions to NOI
- An operator mindset suited to a lean, entrepreneurial environment — comfortable without institutional layers of support and comfortable being held accountable for outcomes
- Regular travel across the portfolio as needed
Nice To Haves
- BS degree in Finance, Accounting, Real Estate, or similar business-related field, or equivalent experience/education, preferred
- Yardi proficiency preferred; strong MRI or AppFolio experience will be considered
- RPA or CPM designation or in process
- Familiarity with the Chicago commercial market
- Experience supporting asset dispositions
- Exposure to mixed-use (commercial + residential) assets
Responsibilities
- Day-to-day operations of assigned commercial properties including rent collection, work orders, tenant and vendor relationships, and financial reporting
- Review monthly aging reports and initiate collection efforts
- CAM reconciliations — tracking CAM-eligible expenses throughout the year, preparing accurate year-end statements, and justifying the numbers directly to tenants
- Examine and analyze property operating statements and budgets; evaluate data and reporting to ensure accuracy
- Lease abstraction and administration: base rent, expirations, renewal options, CAM obligations, TI allowances, exclusivity/co-tenancy provisions, and other lease terms; entered and kept current in Yardi
- Commercial lease renewals, initiated 6–12 months ahead of expiration, with market comp analysis and pricing recommendations
- Interface with the leasing team and prospective tenants
- Tenant improvement and CapEx coordination during value-add work — contractor access, timeline tracking, and prompt escalation of scope or cost issues
- Monthly property walkthroughs and a professional, business-to-business standard of tenant communication
- Annual operating budgets for your assigned assets, and a monthly PM report
- New-property onboarding and disposition support — i.e. walkthroughs, lease information, CAM history, and a clean data room when an asset is exiting the portfolio
Benefits
- Medical coverage with premiums shared by Mon Ami
- Dental coverage with premiums shared by Mon Ami
- Vision coverage with premiums shared by Mon Ami
- No waiting period for benefits; coverage begins the first of the month following hire
- 401(k) plan with a company match of up to 3.5% of eligible compensation
- Immediate vesting for 401(k) match
- 10 paid holidays
- PTO starting at 15 days annually and increasing with tenure
- Paid parental leave
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
