Asset Manager for commercial real estate portfolio
Company: Commercial real Estate company
Location: Irvine
Posted on: February 19, 2021
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Job Description:
Job Description Edit Asset manager for commercial Real Estate
Portfolio Job Title Asset manager Job Description Summary
Responsible for the management of commercial properties portfolio
fulfilling the manager's obligations under the terms of the
property's management agreement. Job Description ESSENTIAL
FUNCTIONS AND RESPONSIBILITIES : Responsible for evaluating asset
using various resource and maintaining and increasing NOI annually
to continuously adding value to the asset. :Responsible for all
lease administration duties Monitor collections and coordinate
default proceedings :Ensure compliance with Property Management
Policies and Procedures, codes, regulations, and governmental
agency directives :Provide management and leadership to on site
staff, including hiring and performance management duties :Develop
comprehensive annual budgets and reports process for properties;
complete weekly, monthly, quarterly, annual inspections as required
for a specific asset, increase the NOI in mind :Develop operating
and capital budgets, track variances, oversee the completion of CAM
reconciliations, and ensure smooth recovery process :Bid,
negotiate, and manage conformity with vendor contracts in
accordance with budget :Accurately abstract all property leases in
lease administration software, Maintain accurate and update
periodically rent rolls and insurance spreadsheet. :Coordinate and
oversee on behalf of maintenance's supervisor, all tenant and
building construction work to ensure timely and accurate completion
of all construction work at property : Develop the plans for
marketing for leasing and sales ensure effective communication
between leasing brokers and property management team members in
order to achieve company's goals and objectives Provide and foster
positive relationships with tenants, external affiliates and
internal clients KEY COMPETENCIES 1. marketing abilities for best
result to lease and sale of the asset. Communication Proficiency
(oral and written) Preparing package for acquisitions and
dispositions of the properties. 2. Problem Solving/Analysis 3.
Leadership Skills 4. Time Management Skills 5. Customer/Client
Focus (internal and external) 7. Financial Acumen, cam charges,
annual budgeting and increasing value of the proeprty. IMPORTANT
EDUCATION Bachelor's Degree in Business Administration or related
discipline preferred IMPORTANT EXPERIENCE 5+ years of real estate
property management and developments of commercial real estate or
related experience ADDITIONAL ELIGIBILITY QUALIFICATIONS CPM, RPA,
or CSM designation or in process Possess real estate license Strong
knowledge of finance and building a portfolio of asset. Ability to
analyze, prioritize, and delegate Ability to effectively manage a
team of professionals, including both employees and vendors
Previous experience in analyzing and negotiating commercial lease
and/or contract language Advanced knowledge of Microsoft Office
Suite Bachelor degree a must. WORK ENVIRONMENT This job operates in
small, professional, family office environment. Flexible and
independent working environments. OTHER DUTIES This job description
is not designed to cover or contain a comprehensive list of
activities, duties or responsibilities that are required of the
employee. Other duties, responsibilities and activities may change
or be assigned at any time with or without notice. COVID-19
precautions
Keywords: Commercial real Estate company, Irvine , Asset Manager for commercial real estate portfolio, Executive , Irvine, California
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