Vice President Commercial Real Estate
Confidential
Get AI-powered advice on this job and more exclusive features. A well established real estate firm is seeking a Vice President, Commercial Property Management to join the commercial real estate division in Houston, Texas. Responsibilities
- Strategic planning, operational oversight, and financial management.
- Developing and implementing comprehensive strategies to enhance property value, including tenant satisfaction initiatives, cost-effective maintenance programs, and capital improvement projects.
- Overseeing daily operations of commercial properties to ensure efficient management and maintenance.
- Maximizing occupancy rates and rental income through property management strategies, policies, and procedures.
- Managing vendors and developing key performance indicators to ensure all properties are maintained in top condition.
- Employing contractors to repair and maintain the building, plumbing, electrical, HVAC, and operating equipment.
- Leasing vacant commercial space, preparing leases and abstracts, billing monthly rents, and inputting data into LoopNet.
- Performing a variety of maintenance and construction duties involving HVAC systems, plumbing, electrical, and structural building maintenance.
- Preparing financial reports, operations and capital budgets, quarterly re-forecasts, and reconciliations.
- Implementing a preventive and operational maintenance program geared to the specific needs of properties within the assigned portfolio.
- Preparing annual operating and capital budgets and year-end reconciliations, ensuring operational compliance with industry and corporate standards.
- Overseeing and maintaining all new lease and lease renewal practices.
- Collecting all accounts receivables.
- Fielding, tracking, and following up on building maintenance issues.
- Performing quarterly property inspections and making detailed quarterly reports.
- Setting up new lease files and administering move-in and move-out procedures, inspections, and reports.
- Tracking Certificates of Insurance for tenants and vendors.
- Establishing, adjusting, and maintaining lease activity on Project Summary Reports and Rent Roll Reports.
- Preparing and submitting annual operating expenses reports.
- Abstracting leases, amendments, and certificate of insurance forms.
- Supervising on-site management employees to ensure optimum performance.
- Bachelor's degree in business administration, real estate, or a related field.
- Extensive experience in commercial property management is essential.
- Certifications such as Certified Property Manager (CPM) designation and Real Estate Management (IREM) certification are a plus.
- Strong leadership, communication, and negotiation skills are crucial.
- Financial management, strategic planning, and problem-solving skills are required.
- A solid understanding of property management principles, real estate laws, and market trends is essential.
Vacancy posted 3 days ago
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