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Confidential

Vice President Commercial Real Estate

Confidential, Houston

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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.


Requirements

• 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.


Compensation/Benefits:

  • Competitive Base Salary + Commissions
  • Health, Dental and Vision Insurance
  • Life/AD&D Insurance, STD, LTD
  • 401(k) with Matching
  • Generous paid vacation days, sick days, and company-standard holidays