Commercial Senior Property Manager

LPC Commercial
Maryland, MD Other
POSTED ON 6/5/2023 CLOSED ON 6/30/2023

What are the responsibilities and job description for the Commercial Senior Property Manager position at LPC Commercial?

Overview

Join Lincoln Property Company's growing team of top-notch Property Management professionals whose primary responsibility is the daily financial and operational management of commercial real estate assets. 

 

Lincoln Property Company is a national real estate firm offering a comprehensive suite of value-added services for our clients. With our substantial local presence and history in the DC metropolitan area, we are ideally situated to provide a superior service, which comes from knowing the goals and challenges faced by our clientele: tenants, investors, lenders and owners of commercial real estate. Our people and our philosophy are the key ingredients for Lincoln's solid track record of success.

Responsibilities

Financial Management

  • Oversight of financials including establish and administer estimated/actual pass-through expenses to include estimates, reconciliations and frequent reforecasting.
  • Oversight of collections and default proceedings.
  • Establish and ensure preparation of financial reports for managed properties as specified in respective management agreement; prepare annual operating budget for property and assist in preparation of capital budget. Responsible for reforecast, cash flow/distribution or other analysis as dictated by management agreement or ownership.
  • Coordinate real estate tax review process for property. Responsible for submittal of required forms and payment of all jurisdictional taxes by required deadlines.
  • Perform all lease administration duties including preparing vacant space for lease, verifying lease data and keep abreast of leasing activity.
  • Establish A/R and A/P guidelines, track performance and monitor recovery process

Personnel and Business Management

  • Assist in the pursuit of new business and/or growth of an existing.
  • Participate in appropriate professional and community organizations.
  • Perform various personnel functions including staffing and employee development, training and evaluation.
  • Maintain personal contact with tenants and owner representatives to ensure solid, reliable relationships.
  • Maintain excellent internal relationships such as property managers, operations managers, property administrators, accountants, security, engineering staff.
  • Maintain excellent external relationships such as tenants, vendors, owners, leasing agents, brokers.
  • Exhibit leadership and promote staff development by setting examples as an effective role model
  • Promote and encourage professional development of all staff.
  • Show mentorship to direct reports and accountability for development of internal staff

Maintenance Management

  • Responsible for ensuring routine thorough on-site property inspections to prevent/identify problems and coordinate with engineering team.
  • Ensure adherence to Lincoln policies and procedures.
  • Oversight of construction efforts encompassing tenant build outs and building improvements.
  • Oversight of service contract requirements, prepare specs, bid, negotiate and manage vendor contracts as directed. Adhere to Lincoln preferred vendor programs.
  • Accountable for ensuring safety guidelines

Risk Management/Legal

• Responsibility for adherence to insurance requirements for property (tenants) and associated vendors/suppliers

 

General

  • Excellent and professional communication, customer service/responsiveness, dependability, teamwork, decision-making, problem-solving, initiative and independent action, manage change and improvement, professional impression
  • Consistent, purposeful and meaningful internal communication with supervisors and staff in conjunction with the smooth operations of all facets of the business
  • Responsible for development of business
  • Accountable for service to clients in all areas of the business
  • Strategic and innovative development and improvement of processes

Qualifications

  • Bachelors Degree preferred or equivalent combination of education, training and experience
  • Minimum of five to seven years of commercial property management experience is required
  • Proficiency in Microsoft Suite including Word, PowerPoint and Excel
  • Experience with accounting for third party clients, MRI Accounting Software, Yardi and Kardin budget software preferred
  • Analytical ability to review financial statements in addition to creating financial plans and oversight of operating budgets
  • Previous supervisory experience is preferred
  • Strong written and verbal communication skills. Ability to understand and carry out industry specific concepts.
  • Excellent time management and general organizational skills

 

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