Salary Estimate: $95,000.00 - $100,000.00
Employment Type: Full Time
Work Place: Office
Experience Required: 2+ to 5 years
Education Required: High School
Job Description
LBA Logistics & LBA Properties (“LBA”) is a full-service real estate investment and management company headquartered in Irvine, CA. LBA has a national industrial portfolio in all the major markets throughout the U.S. as well as a diverse office portfolio on the West Coast. LBA is a privately held company founded in 1991 with approximately 250 employees. LBA operates several closed-end real estate investment funds.
Role and Responsibilities
· Requires knowledge of financial terms and principals of property management including budgeting, forecasting, variance reporting, CAM Reconciliations.
· Responsible for preparing the annual budget and semi-annual reforecasting for the properties.
· Prepares monthly and/or quarterly property financial reports (accruals and variance reports), annual CAM reconciliations and operating expense estimates for Regional Operations Manager review.
· Approves property expense invoices as needed for accuracy and administer final approval in order to facilitate prompt payment by the corporate accounting department.
· Oversees and reviews monthly tenant billings to ensure accuracy and field tenant questions regarding billings and cash applications.
· Assists in investigating tenant delinquencies by contacting the tenant and/or the Accounting Department in order to ensure prompt payment or to learn the status of the delinquencies.
· Oversees Operational Capital projects including budgeting, bidding and project oversight, utilizing consultants and engineering teams when needed.
· Collaborates and oversees Assistant Property Manager in their responsibilities.
· Oversees internal and external property compliance within LBA requirements.
· Maintains excellent tenant relations by making regular rounds of the properties and visiting with tenants to learn of their satisfaction or concerns with the properties (including tenant appreciation gift deliveries)
· Responsible for resolving elevated tenant concerns regarding property tenant services by communicating with tenants on the phone, in writing, or in person, in order to maintain high tenant satisfaction.
· Participates in meetings with architects, construction contractors, and tenants to oversee tenant space build-outs/improvements in order to maintain a high quality of construction and to ensure compliance with construction drawings or building codes.
· Participates in walking tours of vacant building space, as requested, to existing and prospective tenants in order to obtain new leases, renewal of existing leases.
· Ability to use personal transportation (mileage reimbursable) to tour and inspect assets in the portfolio’s geographical area.
· Able to multi-task in different facets of property management, including construction management, leasing and accounting. Must be a self-starter and work independently.
· Ability to solve practical problems and deal with a variety of variables in situations where only limited standardization exists.
· Work to build relationships with vendors, brokers and business community members.
· Excellent communication skills (verbal and written) and ability to provide excellent customer service to tenants.
· Good leadership skills, customer service skills, and ability to interact with many different people of the management team.
· Works well with others, has a great teamwork attitude.
Qualifications
· Minimum 4 years of property management experience preferably with industrial properties.
· California Real Estate License required.
· Bachelor's degree from four-year college or university; or two to four year's related experience and/or training; or equivalent combination of education and experience.
· Practical knowledge of safety rules, operating and maintenance instructions, and procedure manuals.
· Strong knowledge of Microsoft Word and Excel is required, Argus and MRI a plus.
Related Jobs
New York, NY
You have successfully applied for this role!
You can view the status of your application from your dashboard.
