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Commercial Property Manager
Commercial Property ManagerSaturday Properties LLC • Minneapolis, MN, US
Commercial Property Manager

Commercial Property Manager

Saturday Properties LLC • Minneapolis, MN, US
14 days ago
Job type
  • Full-time
Job description

Job Description

Job Description

Description :

We’re a growing real estate company on the cutting edge. What sets us apart is our dynamic culture : we focus on having the right people in the right seats. By prioritizing work / life wellness, our team members are fully-focused and happy while at work. We develop more than properties, we develop people.

The Commercial Property Manager oversees all aspects of managing commercial building operations, including financial tasks, lease administration, and building strong relationships with tenants, property owners, and vendors. This role handles revenue collection, expense management, and maintains asset quality while providing positive leadership. The Commercial Property Manager is responsible for tenant improvements, service contracts, property inspections, and collaborations with ownership on recommended developments. This position requires the highest standards in customer service, tenant retention, regulatory compliance, and adherence to Fair Housing laws, along with a strong understanding of the property’s sub-market to protect and enhance asset value.

Essential Duties and Responsibilities :

Financial Management and Operations

  • Meet or exceed budgeted Net Operating Income (NOI) through effective revenue management and expense control
  • Develop comprehensive operating and capital budgets, track variances, and analyze performance on a monthly and year-to-date basis
  • Oversee completion of CAM (Common Area Maintenance) reconciliations and ensure smooth recovery process
  • Maintain strong understanding of financial reports, including variance analysis of actual vs. budget numbers
  • Partner with Director of Operations and ownership to review unit / space availability and assess necessary pricing adjustments
  • Ensure accurate and timely financial reporting to third-party owners and the finance team

Tenant Relations

  • Work closely with brokers to ensure lease administration is finalized
  • Complete prospective tenant files
  • Ensure delinquent tenants are served with proper legal notices and eviction processes are initiated when necessary
  • Provide and foster positive relationships with tenants, prospective tenants, property owners, and vendors
  • Professionally represent the company while adhering to terms and conditions of management agreements
  • Ensure compliance with Property Management Policies and Procedures, codes, regulations, and governmental agency directives
  • Comply with Fair Housing laws
  • Competencies :

    Be Helpful – Be present and Make it Easy

    Be Fun – Be someone that people want to work with and make time for friends, family, and your own passions

    Be Better – Be constantly improving, be curious, figure out a better way

    Be a Team Player – Put the success of the team ahead of themselves and raise the performance of everyone around them

    Take Action – Display urgency- come prepared and make the best decision possible with the information in front of you

    Do the Right Thing – Own our mistakes, make it right, and move forward

    Benefits :

  • Medical, dental, and vision insurance
  • Disability and life insurance
  • 4 weeks paid time off
  • 11 paid holidays and volunteer time off
  • 401(k) plus match
  • Employee wellness program
  • Requirements :

    Minimum Qualifications :

  • Bachelor's degree in Business Management, Finance, Accounting, Real Estate or relevant experience
  • 5+ years of experience in Commercial Property Management
  • Exceptional people manager
  • Exceptional facilities manager
  • Proficient in Office 365 suite
  • Strong understanding of financial reports and budget analysis
  • Exceptional oral and written communication skills
  • Strong customer service orientation
  • Ability to handle multiple projects, changing priorities, and continually heavy workload
  • Preferred Qualifications :

  • EOS / Traction experience
  • Yardi experience
  • Appfolio experience
  • Certified Manager of Commercial Properties (CMCP)
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    Commercial Property Manager • Minneapolis, MN, US

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