CCirrus Asset Management logo

Cirrus Asset Management

Real Estate · 280 people

Commercial Property Manager - Office, Retail, Mixed-use

Posted 19 Oct

What’s this role about? Oversee daily operations of commercial properties, manage tenant relationships, and coordinate vendors while maintaining service quality, safety, and compliance. Develop budgets and business plans, manage rent and expenses, prepare financial reports, and support leasing and ownership decisions.

Los Angeles, California
On-site
$85K – $95K
Full-time
5-10 years exp
Bachelor degree

Skills required

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Company

About Cirrus Asset Management At Cirrus Asset Management, developing loyal customers is our way of life. As experts in property and asset management, we understand that ours is a detail-oriented and time-consuming business. Success requires not only the efficient delivery of many coordinated services but also the ability to foresee and capitalize on changes in the marketplace. Yet such functional success alone is not enough at Cirrus. What makes us the best in our industry is our daily commitment to the less tangible elements of trust, respect and teamwork. In 2007, founder Steve Heimler built Cirrus’ executive team of industry veterans with more than 150 years combined experience in all aspects of property management. Our reputation for integrity, innovation and measurable results has rapidly spread among institutions, banks, portfolio owners and individual investors. Today, Cirrus directly manages or asset-manages a portfolio of properties valued at more than $2.5 billion. We hold licenses in a growing number of states and currently manage more than 8,000 apartment units. We invite you to learn about how we earn our long-term client relationships and industry partnerships.

Cirrus Asset Management

Developing loyal customers is our way of life.

Property ManagementAsset ManagementConstruction Managementand Acquisitions Analysis and Due Diligence
CCirrus Asset Management logo
201-500 employees
Real Estate
2007
Privately Held
3.5k LinkedIn followers

Responsibilities

  • Oversee day-to-day operational management of building and grounds consistent with Cirrus Asset Management’s policies and procedures, approved budgets, business plans, and management direction.
  • Work with the General Manager to develop business plans and annual operating budgets with a focus on increasing revenues, controlling costs, and maximizing the leasability of the property accurately and on time.
  • Achieve customer service excellence through tenant-focused relationship programs and processes that exceed guest expectations. Lead your team to anticipate tenant needs, assure positive and prompt response to service requests and administer affairs at strategic and operating levels for the mutual benefit of the tenants and property NOI.
  • Prepares and delivers timely, accurate, and complete financial reporting requirements. Forecasts management plans and prepares monthly performance reports, providing all necessary details and variance explanations.
  • Manages vendor relationships effectively to ensure service expectations and contract obligations, including bid and insurance requirements. Provide quality-control oversight, implement cost-containment initiatives, and liaison between tenants and third-party service providers as necessary.
  • Collecting rents and other receivables, invoicing tenants as permissible by the lease, and aggressively pursuing delinquencies.
  • Manage payables, consistent with approved budgets, contractor/supplier performance, corporate accounting directives and expense containment initiatives.
  • Accurately report transactions using corporate accounting systems and methods in compliance with policies, procedures, and timelines. Maintain documentation locally for management review and audits.
  • Lead risk management efforts to minimize exposure and losses.
  • Obtain certificates of insurance and waivers from tenants, contractors, suppliers, and other third parties and assure adherence to safety guidelines pertinent to property visitors, tenants, and employees.
  • Provide post-accident follow-up including reporting, investigation, and liaison for insurance, legal, and incident prevention purposes.
  • Function as liaison between assigned property and Cirrus Asset Management, Inc. management team, and ownership groups. Support activities may include but are not limited to
  • Assure space is in show-ready condition, provide input as leases are negotiated, and provide cost estimates for landlord work.
  • Gather and analyze financial and statistical data for decision-making.

Qualification

Management & LeadershipFinance & AccountingCustomer Service & SupportRetail

Required

  • Bachelor’s degree in business, real estate, or a related field
  • Active California Real Estate license - REQUIRED
  • A minimum of five-seven years of successful, professional property management experience in a commercial office environment with a focus on Commercial Real Estate - Preferred

Preferred

  • Ability to read, interpret, and fully understand commercial leases. In addition to abstracting leases, and critical lease provisions.
  • Ability to effectively present information to management, business owners, and tenant groups.
  • Ability to respond effectively to the most sensitive inquiries or complaints in a timely manner.
  • Must be able to apply math skills in recommending budget figures, assessing budget-to-actual variances, computing rent reconciliations, completing base year calculations, evaluating contractor bids, completing management reports, etc.
  • Make sound property decisions from market-based projections using knowledge of commercial real estate markets and interpretation of current trends.
  • Proficient in Microsoft Office, especially Excel, PowerPoint, and Word.
  • Experience with Yardi or similar software.
  • Prior experience with maintenance or service ticketing system software such as Angus preferred.

Benefits

  • Paid Holiday, Sick, and Vacation Time
  • Health Insurance
  • Life Insurance
  • Dental Insurance
  • Vision Insurance
  • 401k Plan
  • Healthcare Spending or Reimbursement Accounts
  • Check out what our current associates are saying on Glassdoor!

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