Property Administrator

Cornerstone CompaniesRoyal Oak, MI
$50,000 - $53,000Onsite

About The Position

The Property Administrator is responsible for assisting the Property Management team with the administrative tasks associated with the day-to-day operations of the assigned medical office buildings.

Requirements

  • Minimum of 1-year prior experience in property management, real estate or a related administrative role.
  • High School Diploma or GED
  • Excellent written and verbal communication skills.
  • Strong organizational and time management abilities.
  • Proficiency with office software (Microsoft Office Suite) and property management software (Yardi).
  • Ability to manage multiple competing demands and prioritize effectively.
  • Knowledge and understanding of basic real estate and property management principles.
  • Detail-oriented with a high level of accuracy in all tasks.
  • Strong interpersonal skills and a customer-centric attitude.
  • Ability to work independently and as a member of a team.
  • Adaptability and a proactive approach to problem solving.
  • Ability to maintain a professional demeanor in challenging situations.
  • Familiarity with federal, state, and local laws and regulations regarding commercial rental properties and tenant rights.

Nice To Haves

  • Associates degree or higher in real estate, business administration, or a related field preferred.
  • 2 or more years’ experience in a Property Administrator or related role preferred.

Responsibilities

  • Serve as the first point of contact for tenants, addressing inquiries, maintenance requests, and resolving concerns in a timely and professional manner.
  • Maintain positive relationships to ensure tenant satisfaction and retention.
  • Assist with the lease preparation and renewal process.
  • Maintain up-to-date records of lease agreements, amendments, and tenant communication.
  • Handle all administrative duties related to property management, including but not limited to: Managing correspondence filing maintaining databases processing documents
  • Ensure that tenant records, invoices, and service requests are accurately documented and up to date.
  • Coordinate and assist with regular property inspections to ensure compliance with safety, maintenance, and operational standards.
  • Document findings and communicate required actions to the property manager.
  • Act as the liaison between tenants and contractors for routine maintenance or emergency repairs.
  • Follow up to ensure the work is completed in a timely manner and meets quality standards.
  • Keep tenants informed of any ongoing or upcoming maintenance projects.
  • Assist with the preparation of operating budgets, tracking of expenses, and collection of rent.
  • Ensure rent payments are processed and any late payments are addressed according to company policy.
  • Prepare reports as needed.
  • Maintain relationships with third-party service providers, contractors, and vendors.
  • Obtain quotes, manage service agreements, and monitor service performance to ensure value and quality.
  • Assist in ensuring that properties comply with all relevant laws, safety regulations, and company policies.
  • Help prepare for inspections and audits by maintaining organized records and reports.
  • Assist with special projects as needed.
  • Other duties as assigned.
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