Property Manager
$100k - $140k
Senior
Bachelor's
San Jose, CA, USA
In PersonWork location is San Jose, California.
Real EstateReal Estate Property Management
About the job
Requirements
- A bachelor's degree is required.
- A minimum of 5 years of broad-based commercial property management experience is required.
- Strong communication skills with internal and external customers and at all organizational levels are required.
- A good understanding of contracts, leases, and leasing objectives is required.
- Customer service and tenant relations skills are required.
- The ability to initiate bid requests and manage vendors and contractors is required.
- The ability to represent oneself and the company professionally in customer communications and actions is required.
- Solid time management skills, including the ability to prioritize, organize, and balance multiple tasks and requests, are required.
- The ability to show initiative and work independently is required.
- A strong work ethic and the ability to work in a fast-paced environment are required.
- The ability to work collaboratively with senior management, tenants, contractors, the accounting team, and other daily contacts is required.
- Proficiency in Microsoft Office is expected.
Responsibilities
- Serve as the primary point of contact for a select portfolio of Bay Area office and retail properties and participate in the property management process.
- Conduct periodic property visits and inspections to ensure properties are well-maintained and building systems are fully functional.
- Establish and maintain positive tenant relationships, address tenant concerns, and ensure compliance with lease agreement requirements.
- Establish and maintain positive vendor relationships.
- Troubleshoot issues, identify areas needing attention or improvement, and make recommendations or provide solutions.
- Oversee projects directed by the Senior Property Manager, Senior Asset Manager, Executive Managing Director, President, and/or Chairman and Chief Executive Officer.
- Assist the leasing team and broker during lease negotiations regarding tenant improvements, costing, and related matters.
- Bid, negotiate, and present property projects, including tenant improvements, repairs, improvements, and renovations, to senior leadership for final approval.
- Ensure a competitive bidding process and thoroughly review project scopes and costs, including vendor agreements and tenant improvements.
- Oversee approved project construction, ensuring timely completion within scope and budget.
- Review and approve operating expenses in accordance with company policies and procedures.
- Assist in determining common area maintenance expenses and review common area maintenance reconciliation and collection.
- Prepare annual budgets and monitor actual expenses to ensure budgets are met.
- Submit required reports on time and participate in periodic property status meetings with detailed and accurate information.
Desired Qualifications
- Experience with Yardi is strongly preferred.
About the company
BH Properties buys, renovates and manages commercial real estate for businesses seeking office, industrial and retail space. It targets properties with vacancies or other operating problems, then upgrades buildings and finds tenants to improve their income and value. The company handles acquisitions and property operations within one organization, earning rental income and selling assets once its investment plans are complete. Beyond owning buildings, it finances property transactions and buys real estate debt, giving owners and borrowers another route to capital when conventional deals are difficult to arrange. Founded in 1994, BH Properties is headquartered in Los Angeles, California.
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Westwood, CA
Founded
1994
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Simplify's Take
What believers are saying
- Acquisition decisions avoid outside investors: BH Properties operates without third-party capital partners.
- Life coverage is company-paid: BH Properties lists life insurance among its employee benefits.
- Housing targets longer-term cash flow: BH Properties' affordable-housing strategy balances its opportunistic property investments.
What critics are saying
- Office attendance is required: BH Properties' full-time Plano architect works in-office and requires Texas licensure.
- Travel accompanies portfolio work: BH Properties' full-time Los Angeles Senior Asset Manager position specifies 20% travel.
- Borrower distress enters the portfolio: BH Properties buys non-performing commercial property loans, involving borrowers already missing payments.
What makes BH Properties unique
- Land agreements run long: BH Properties' typical ground leases last 99 years and offer a buyback option.
- Transitional financing has defined limits: BH Properties' property-backed loans run for up to 24 months.
- Bankruptcy auctions are a specialty: BH Properties makes initial bids that establish the starting price for subsequent bidders.
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