Commercial Portfolio Manager
Commercial and Residential Management Group (CRMG) is seeking a Commercial Portfolio Manager to join the Commercial Team. As the Commercial Portfolio Manager, you will be responsible for the appearance, inventory, cleanliness, maintenance, and profitability of the portfolio, meeting and exceeding the expectations of the owners, and keeping within company policies. You will also be the key point of contact for owners and will be building and maintaining strong relationships as measured by the retention, profitability, and tenant satisfaction. The portfolio consists of retail, office, and light industrial properties located in the Portland Metro area. The ideal candidate will have retail and shopping center experience.
Location: Corporate - 11740 SW 68th Parkway, Tigard, OR 97223
Salary: $85,000-$100,000 Annually (DOE)
Office Hours: Monday to Friday, 8 am-5 pm
Additional Compensation: A monthly $75.00 cell phone stipend and mileage reimbursement.
Benefits for the Commercial Portfolio Manager
- Make sure you’re covered – Medical, Dental, Vision Insurance, Employer-paid Life Insurance, Employee Paid Voluntary Insurance options, and a Flexible Spending Medical/Dependent Care Savings Account.
- Give you the tools to stay on track for the future – The opportunity to enroll in the 401(k) program with an employer match (Eligible first of the month after 90 days of employment).
- Assistance with work/life balance – Employee Assistance Program (Available to use on your first day!)
- Give you a break – Paid Sick Time, Vacation, Ten (10) paid Holidays, and your birthday off!
Major Responsibilities for the Commercial Portfolio Manager
- Oversee all aspects of property management, including coordination with vendors, appraiser, assessors, government inspectors on site visits, capital projects; submit and oversee insurance claims - property and liability - including mitigation and repairs.
- Maintain communication with property owners on pricing, building projects, current and planned activities, tenant problems and make recommendations to improve the efficiency and profitability of the property.
- Oversee contracts (including but not limited to janitorial, day porter and landscaping), inspect properties to ensure that the level of service is in line with specifications and expectations of tenants and owner.
- Ensure spaces are handed over to tenants as required by their lease, including any tenant improvement work and cleaning/upgrades.
- Issue delinquency notices as allowed per tenant’s leases; follow-up as needed and if necessary, recommend legal action and/or termination of lease to owner.
- Negotiate contracts and oversee maintenance work as required from outside contractors or vendors ensuring adherence to contract specifications.
- Responsible for reviewing, understanding, and responding to owner's inquiries regarding property budgets, monthly financial reports, variance reports, profit and loss statements and delinquency reports, as well as other owner-defined custom reports.
- Complete annual reconciliations for properties as determined by leases.