Full-Time

Sr. Property Manager

Commercial

Posted on 8/2/2024

CIM Group

CIM Group

1,001-5,000 employees

Real estate and infrastructure development and management

Government & Public Sector
Real Estate

Compensation Overview

$120k - $160kAnnually

+ Bonus

Senior, Expert

Oakland, CA, USA

Position is onsite in Oakland, CA.

Category
Real Estate
Real Estate Property Management
Required Skills
Communications
Management
Financial analysis
Customer Service
Requirements
  • Bachelor’s degree in business, real estate, or related field strongly preferred. Experience in lieu of degree will be considered.
  • A minimum of five to seven years of successful, professional property management experience in a commercial office and or retail environment.
  • A minimum of two years’ experience in a supervisory role.
  • California Real Estate license and industry certifications (i.e., IREM, BOMA, ICSC) preferred.
  • Demonstrated practitioner’s knowledge and skills in: contract administration, lease administration, expense escalation practices, accounting and financial management and reporting, financial analysis, budgeting and expense management, business planning, risk management, tax assessments, tenant relations, construction and tenant finish activities, engineering and preventative maintenance, energy management, security, emergency procedures, garage and parking operations.
Responsibilities
  • Oversee day-to-day operational management of buildings and grounds consistent with CIM policies and procedures, approved budgets, business plans and management direction.
  • Develop property business plans and annual operating budgets with a focus on increasing revenues, controlling costs, and maximizing the leasability of the property accurately and on time.
  • Achieve customer service excellence through tenant-focused relationship programs and processes that exceed guest expectations. Lead your team to anticipate tenant needs, assure positive and prompt responses to service requests and administer affairs at strategic and operating levels for the mutual benefit of the tenants and property NOI.
  • Ensure tenant compliance with all lease terms. Review all leases and track priority sections regarding co-tenancy, kick out clauses, exclusive use clauses and NNN caps. Review and approve annual CAM Estimates and Reconciliations.
  • Prepares and delivers timely, accurate and complete financial reporting requirements. Forecasts management plans and prepares monthly performance reports, providing all necessary details and variance explanations.
  • Manages vendor relationships effectively to ensure service expectations and contract obligations, including bid and insurance requirements. Provide quality-control oversight, implement cost-containment initiatives and liaison between tenants and third-party service providers as necessary. Contract with outside vendors, develop scope of work documents for contracted services, competitively bid services including regular re-bidding of recurring services. Monitor contractor performance and ensure contract compliance.
  • Perform financial management and recordkeeping activities, such as: Collecting rents and other receivables, invoicing tenants as permissible by the lease and aggressively pursuing delinquencies. Manage payables, consistent with approved budgets, contractor/supplier performance, corporate accounting directive and expense containment initiatives. Accurately report transactions using corporate accounting systems and methods in compliance with policies, procedures, and timelines. Maintain documentation locally for management review and audits. Lead risk management efforts to minimize exposure and losses. Obtain certificates of insurance and waivers from tenants, contractors, suppliers and other third parties and assure adherence to safety guidelines pertinent to property visitors, tenants and employees. Direct employee participation in company workplace illness and injury prevention programs and assure adherence to accident-avoidance initiatives. Provide post-accident follow-up including reporting, investigation and liaison for insurance, legal and incident prevention purposes.
  • Demonstrate excellent communication skills in both verbal and written interactions with all internal and external parties. Function as liaison between assigned property and CIM investment team, leasing representatives, development personnel and other internal parties. Support activities may include but are not limited to: Assure space is in show-ready condition, provide input as leases are negotiated and provide cost estimates for landlord work. Participate in due diligence activities. Gather and analyze financial and statistical data for decision making.

CIM Group focuses on real estate and infrastructure, operating as an owner, operator, lender, and developer. The company targets urban areas with significant growth potential, acquiring, developing, and managing properties while also providing loans for real estate projects. Revenue is generated through property rentals, sales, and lending activities. CIM serves a variety of clients, including investors, businesses, and community organizations, and has worked on notable projects like the Dolby Theatre in Hollywood and the Tribune Tower in Chicago. What sets CIM apart from competitors is its strong commitment to community engagement, demonstrated through initiatives such as preparing meals for those with chronic illnesses and creating community gardens. The goal of CIM Group is to be the leading partner for investors and users of real assets that benefit communities.

Company Stage

Debt Financing

Total Funding

$559.3M

Headquarters

Los Angeles, California

Founded

1994

Simplify Jobs

Simplify's Take

What believers are saying

  • CIM benefits from increased demand for mixed-use developments in urban areas.
  • The trend towards sustainable building practices aligns with CIM's ESG focus.
  • CIM's integration of smart technology attracts tenants and buyers.

What critics are saying

  • Rising interest rates could impact CIM's real estate financing costs.
  • Remote work trends may reduce demand for CIM's commercial office spaces.
  • Stricter environmental regulations could increase compliance costs for CIM.

What makes CIM Group unique

  • CIM Group focuses on community impact through real estate and infrastructure projects.
  • The company integrates ESG initiatives into its investment and development strategies.
  • CIM's diverse expertise spans from due diligence to asset disposition.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Bereavement Leave

Hybrid Work Options

401(k) Retirement Plan

401(k) Company Match

Paid Parental Leave

Professional Development Budget

Wellness Program

Volunteer Time Off

INACTIVE