Commercial Portfolio Manager

Posted 4 Days Ago
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Sherman Oaks, AL, USA
In-Office
85K-95K
Entry level
Real Estate
The Role
Manage the daily operations, financial performance, tenant relations, lease administration, maintenance, compliance, inspections, budgets, vendor coordination, and owner communications for a commercial property portfolio. Responsibilities include accounts payable and receivable, CAM reconciliations, lease abstracting, legal notices, occupancy monitoring, leasing support, recordkeeping, and emergency response.
Summary Generated by Built In

Description

Description

Fairgrove Property Management provides industry-leading residential property management services to real estate investors and residents throughout Southern California. Founded in 1976, the Irvine, CA-based company makes owning investment properties profitable and effortless. Four decades of experience in the real estate sector empowers Fairgrove to deliver a combination of exceptional operational expertise and innovative technology to both owners and tenants. The company’s management approach enables stress-free, passive investing for owners, and provides tenants with quality spaces where service is the highest priority. Fairgrove Property Management operates in four major Southern California markets and is rapidly expanding across the West.

Job Summary: A Commercial Portfolio Manager is responsible for the daily operations, maintenance, and financial performance of a portfolio of commercial properties. This includes managing tenants, handling lease agreements, and ensuring compliance with all applicable regulations.

Position Details


  • Full-Time Salary Position 
  • Compensation: $85,000-$95,000 salary plus Annual Bonus 
  • Commercial property management experience required
  • Benefits Package: 
    • Medical, Vision, and Dental Coverage
    • 401(k) Plan
    • Paid Time Off (PTO)

Requirements

  • Manage all accounts receivable and payable details, including invoices and expenses, for accurate and timely processing
  • Prepare, review, and manage annual property budgets
  • Review financial information and monitor property financial performance
  • Prepare CAM (Common Area Maintenance) reconciliations
  • Abstract leases and track key dates, including renewals, options, and expirations
  • Manage tenant relations, lease agreements, renewals, and move-ins and move-outs
  • Draft and serve legal notices
  • Address property maintenance and tenant concerns promptly and professionally
  • Coordinate vendors and contractors, and monitor the quality and completion of their work
  • Maintain positive relationships with owners and respond to their requests in a timely manner
  • Monitor occupancy and market conditions, and support marketing and leasing efforts for vacant space
  • Conduct routine property inspections and city compliance inspections
  • Ensure compliance with applicable laws, regulations, and insurance requirements
  • Collaborate with department leaders to deliver an optimal experience for owners and tenants
  • Maintain accurate tenant files and property records
  • Be available for emergency response as needed

Qualifications

  • High school diploma or equivalent
  • Prior experience in property management, with a focus on issue resolution and achieving company goals
  • Commercial lease administration experience, including lease abstracting and CAM reconciliations
  • Strong knowledge of California commercial leasing and landlord-tenant requirements
  • Excellent communication skills and a team player
  • Strong organizational and written communication skills
  • Ability to multitask between office duties, property inspections, and tenant needs
  • Proficiency in Microsoft Office 365, especially Excel
  • AppFolio experience preferred
  • Ability to travel between properties with reliable transportation
  • Flexibility to work evenings and weekends as needed for emergencies

Skills Required

  • High school diploma or equivalent
  • Prior experience in property management, focused on issue resolution and achieving company goals
  • Commercial lease administration experience, including lease abstracting and CAM reconciliations
  • Strong knowledge of California commercial leasing and landlord-tenant requirements
  • Excellent communication skills and ability to work as part of a team
  • Strong organizational and written communication skills
  • Ability to multitask between office duties, property inspections, and tenant needs
  • Proficiency in Microsoft Office 365, especially Excel
  • AppFolio experience
  • Ability to travel between properties with reliable transportation
  • Flexibility to work evenings and weekends as needed for emergencies
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The Company
HQ: Irvine, CA
234 Employees
Year Founded: 1976

What We Do

Fairgrove Property Management is an Irvine, CA-based company founded in 1976 that provides industry-leading residential property management services to real estate investors and residents throughout Southern California. With over four decades of experience in the residential real estate sector, the company leverages operational expertise and innovative technology to make owning investment properties profitable and effortless for its clients.

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