Commercial Property Manager

Lansing Permanent USD60,000 - USD90,000
  • Join a dynamic and growing property management firm as a Commercial Manager
  • Extremely long employee tenure due to close knit culture + competitive benefits

About Our Client

Our client is a developer, builder, and manager of commercial and residential real estate throughout Michigan. They specialize in creative urban development and revitalizing communities. Headquartered in Lansing, they have been operating for 25+ years. At this point, they have built a portfolio of over 1,800 residential units and over 675k sqft of commercial/retail space. They strive to bring a positive impact to the communities they serve by giving team members compensated hours to use towards a cause of their choice and are encouraged to volunteer for charities, schools, and nonprofits that support positive change in MI.

Job Description

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

Description

The key responsibilities of the Commercial Manager are:

Financial Operations and Reporting:

  • Oversee the management of the commercial operations to meet cash flow objectives and achieve the highest possible net operating income through the implementation of effective cost control and revenue improvement programs.
  • Maximize gross potential rent and minimize vacancy
  • Maximize Net Operating Income through continuous management and oversight of income/expenses
  • Actively oversee delinquency reports, collections efforts, and lease defaults.
  • Oversee all financial records and reports; including financial statements, CAM reimbursements, occupancy reporting, variance reports, and delinquency reports
  • Oversee all accounting systems including month-end reports. Accurately prepare and convey all operational and financial data to the Director of Operations, Vice President, and Director of Finance
  • Actively oversee the communities' annual budgets for all commercial sites. Responsible for preparing all budgets prior to submission to Director of Operations and Vice President
  • Prepare lease abstracts
  • Review and administer all leases pertaining to commercial tenants. Monitor lease renewals and rate/CAM changes that occur
  • Conduct and analyze market research and rates



Tenant Relationship:

  • Oversee Renewal Program by monitoring Lease Expirations and work with Dr of Operations to approve renewal rate increases.
  • Work with the Maintenance and Facilities team to oversee the completion and appropriate estimates and billing of tenant work orders.
  • Routine outreach of current tenants to ensure their needs are met and commitment to open communication.
  • Conduct regular inspections of suites
  • Anticipate the needs of tenants and take proactive measures to ensure customer service is at its highest.
  • Work with tenants on lease negations in a professional and timely manner.

The Successful Applicant

The successful Commercial Manager candidate will have:

Education/Experience:

  • Previous commercial real estate experience is required.
  • A college degree is suggested but not required.
  • The position does require the ability to read and write English fluently, the ability to perform advanced business mathematical functions, and strong marketing skills.

Skills/Attributes:

  • To excel in this position, you should be professional, a self-starter, and have great customer service skills. Below are additional skills that are necessary for the position
  • Professional image
  • Understanding and experience of irrigation systems, curb appeal, working with lawn/snow contractors, and general building maintenance is preferred.
  • Advanced accounting and data analysis - understands commercial leases, budgets, and CAM
  • Excellent communication and follow up skills - respond timely, find results, and focus on customer satisfaction
  • Works Smart - organized and is a self-starter who can get things done
  • Possibility-driven - sees the positive side of situations. Will not be overcome by difficult challenges.
  • Drive for Results - defines ambitious goals and establishes priorities with clear strategies to ensure results
  • Resilient - mature, confident leader with a mindset that embraces change as part of business

What's on Offer

On offer for a Commercial Manager candidate is:

  • A competitive base salary of $60,000 - $90,000
  • A yearly bonus ranging from 7%-20% of base salary
  • Full health, vision, and dental coverage
  • Employer 401k match
  • Paid maternity and paternity leave
  • A company vehicle + gas card
  • Limitless opportunity for advancement
  • An award-winning culture
Contact
Don Seawall
Quote job ref
JN-122021-4546145

Job summary

Sector
Industry
Location
Contract Type
Consultant name
Don Seawall
Job Reference
JN-122021-4546145