Assistant Property Manager Jobs

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Commercial Assistant Property Manager

Vestar Properties•Fremont, CA

About The Position

The Commercial Assistant Property Manager assists the assigned Property Manager with all facets of property operations. The Property Manager determines the Assistant Property Manager’s level of involvement, and specific responsibilities may vary according to the Property Manager’s direction. The role supports the management of retail and commercial properties through site inspections, tenant account and rent-related work, lease and property records, reporting, service contracts, work orders, and coordination with accounting and the Property Manager. Applicants must have valid work authorization that does not now or in the future require Vestar to sponsor a U.S. employment visa.

Requirements

  • 2–4 years of retail or commercial property management experience.
  • Valid work authorization that does not now or in the future require Vestar to sponsor a U.S. employment visa.
  • Detail-oriented and organized.
  • Able to take direction and work with minimal oversight.
  • Able to manage a continuing flow of major and minor situations and remain adaptable when decisions are assigned to others.
  • Knowledge of essential accounting procedures and ability to create frameworks and evaluate results.
  • Able to adapt to changes or improvements that enhance the economy, efficiency, and productivity of property management.
  • Self-disciplined and able to handle annoyances or disappointments professionally.
  • Cheerful and diplomatic in dealings with owners/partners, employees, tenants, and others; keeps lines of communication open.
  • Pleasantly uncompromising in matters of established policy.
  • Integrity, honesty, and capability.

Nice To Haves

  • A four-year college degree is preferred.
  • Innovative and creative, using unique talents and skills to help ensure maximum income.

Responsibilities

  • Perform periodic site inspections.
  • Assist the Property Manager with collection of delinquent rent and other charges; severely delinquent tenant negotiations are undertaken by the Property Manager.
  • Research and prepare default letters.
  • Prepare common area maintenance reconciliations with the property accountant for the Property Manager’s review before sending.
  • Code vendor invoices.
  • Reconcile tenant accounts and make account adjustments.
  • Initially prepare certain components of monthly reports.
  • Prepare draft lease abstracts for the Property Manager’s review.
  • Assist the Property Manager with preparing and collecting estoppel certificates.
  • Prepare “What’s Happening” notices for projects.
  • Maintain updated service contracts for all properties.
  • Maintain updated certificate of insurance information for tenants and contractors.
  • Maintain updated records of real estate licenses.
  • Maintain updated tenant and contractor lists.
  • Track and implement rental increases with assistance from accounting and the Property Manager.
  • Assist the Property Manager with collecting gross sales information.
  • Handle and track all work orders for assigned properties.
  • Maintain office records and files for ready reference.
  • Respond promptly to inquiries and help ensure the organization is available to handle emergencies.

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Based on current job postings on Teal, the average Assistant Property Manager salary in the US is approximately $54,000 per year, with a typical range of $37,000 to $75,000.
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