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CIRE Equity

Property Manager

CIRE Equity, Portland, Oregon, United States, 97204

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Overview

Property Manager CIRE Equity • Portland, OR, United States CIRE Equity is an entrepreneurial, growth-oriented company focused on the creation and preservation of wealth through targeted investments in commercial real estate in the Western United States. We are passionate about real estate, dedicated to hard work, and strive for excellence in everything that we do. We value our employees and aim to create a fun, merit-based environment that encourages hard work, creative thinking, and high-quality performance. We foster persistent improvement, and we are seeking like-minded individuals who share our attention to detail and passion for excellence to join our growing team. Purpose of Position

Reporting to the Regional Manager, the Property Manager will be responsible for a portfolio of commercial properties in the OR, WA, NV & CA region. The role collaborates with the Asset Management and Accounting Departments to closely monitor, maintain, and enhance the financial performance of each asset. The Property Manager engages in all aspects of property management including post-acquisition transition and onboarding, vendor management, tenant management, insurance tracking, capital improvement oversight, implementation of value-add initiatives, and disposition transition and off-boarding. The ideal candidate will lead effectively, be detail-oriented with strong follow-through, and take initiative in a fast-paced, evolving environment.

Responsibilities and Duties

– see sections below for detail.

Job Duties / Responsibilities Acquisition / On-Boarding / Disposition

- assist the acquisition department and executive team in the acquisition, onboarding, and disposition of assets. Tasks include, but are not limited to:

On-site inspections

PCA Review

Collect estoppel certificates & SNDAs

Reviewing and where applicable, obtaining new vendor bids

Engage/Cancel Vendor Services

Budget Creation

Property Book content

Utility Audit

Review Lease Abstracts

Other miscellaneous tasks

Property Operations

- oversee all aspects related to operation and performance of each asset. Tasks include, but are not limited to:

Develop and maintain relationships with vendors and tenants; ensure clear communication in each market.

Hold vendors accountable for service scope, frequency, and expectations of property management related to asset condition.

Competitively bid CAM and CAPEX projects when thresholds warrant.

Monitor uploading and compliance of new tenant COIs and active vendor COIs.

Review and process tenant service requests as applicable.

Perform regular property site visits to ensure proper maintenance of assets.

Familiarity with BIDs, Associations & CC&Rs that dictate specific maintenance responsibilities or boundaries.

Tenant Management & Credit/Default

- proactively manage tenants including all credit issues and resolution of defaults. Tasks include, but are not limited to:

Review updates to the rent roll for new leases and amendments

Assist with CAM recommendations, as needed

Turn over vacancies to new tenants and issue tenant direction letters

Ensure vacant conditions are properly reported to Asset Management and Property Management team

Monitor and assist Legal team with processing of tenant compliance issues

Act as liaison for construction and asset management related to tenant health, trends and conditions

Accounting / Financials

- maintain a general understanding of the financial condition and performance of each property and proactively work with the Asset Manager on capital needs. Tasks include, but are not limited to:

Work with Asset Manager to create annual operating budgets

Monitor and report variances to CAM and CAPEX budgets

Monthly rent roll and accrual verifications

Oversight of vendor billing for accuracy and clarity

Weekly invoice review and approval of all operational expenses

Reporting Structure

Position reports directly to: Regional Property Manager

Vital Goals / Performance Measurements

Maintain and enhance the value of assets under management through expense management and tenant relationships.

Exercise strong leadership and supervisory skills in managing contractors and property vendors.

Professional appearance and interaction with tenants; timely response to tenant matters.

Diligent follow-through on assigned tasks.

Position Requirements Position Competencies

Self-motivated, inquisitive, passionate, and humble mindset.

Clear and effective verbal and written communication skills.

Effective interpersonal skills with diplomacy and tact.

Ability to solve problems with limited standardization.

Detail-oriented with ability to maintain high quality under pressure.

Ability to read and interpret leases, CC&Rs, listing agreements, management agreements, loan agreements, and service contracts.

Familiarity with real estate financial statements (P&L, balance sheets, cash flow, variance reports).

Proficient in commercial real estate concepts, specifically property management.

Bachelor’s degree preferred

4+ years of experience in commercial real estate property management (retail, industrial, office); minimum 2 years in retail property management

Intermediate to advanced computer skills, including MS Office

MRI and Nexus experience is a plus

Working Conditions Environment

- Dual environment with office/desk work and field assignments. Travel to asset locations is required. May involve exposure to construction sites and outdoor weather conditions. Compliance with safety provisions and PPE as required.

Physical Requirements

- Office duties require sitting and computer use; field duties include site inspections, walking, standing, climbing stairs/ladders, and inspecting building systems. Ability to navigate active construction sites safely and perform site assessments throughout the day.

Salary $80,000 - $105,000 per year

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