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Commercial Portfolio Manager

fairgrove property managementLos Angeles, CASenior L5

$85,000 - $95,000 per year

Property, Real Estate, and Community Association ManagersGeneral and Operations ManagersReal Estate Brokers
Nonresidential Property ManagersLessors of Nonresidential BuildingsLessors of Other Real Estate Property
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Commercial Portfolio Manager 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. 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. 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) PlanPaid 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 ExcelAppFolio experience preferred
  • Ability to travel between properties with reliable transportation
  • Flexibility to work evenings and weekends as needed for emergencies

Matching similar jobs

Level

Senior L5

Salary

$85,000 - $95,000 per year

Location

Los Angeles, CA

Occupation

Property, Real Estate, and Community Association Managers

Industry

Nonresidential Property Managers

Posted

today

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