A well-established family office and commercial real estate owner and operator is looking for a prudent Portfolio Manager, responsible for the direct management oversight of assigned commercial properties with a minimum of 5 years of senior portfolio management experience. The goal is to maximize asset value, tenant satisfaction and revenue. The ideal applicant will be a reliable customer service specialist, with prior experience who can help us thrive! We are a company who you can grow with that offers team support and a great work/life balance.

Responsibilities

Responsible for the overall operational management of office, retail, and industrial portfolio. Provide hands-on oversight, providing regular site management, communication, problem resolution, and emergency response. Deliver timely and effective service and accessibility while complying with federal, state, and local regulations.

❖ Portfolio Management

• Oversee and manage approximately 1,000,000 sq’ of mixed-use commercial property in San Diego County, Las Vegas & Phoenix.

• Leading and managing a team

❖ Tenants

• Resolve tenant questions and concerns to satisfaction and in accordance with our high quality of portfolio standards, in a calm and professional manner.

• Maintain a positive, productive relationship with tenants.

• Track and maintain lease agreements and contracts; all the while enforcing leases.

• Assist with leasing efforts; tours, working with brokers, reviewing marketing materials ensuring vacancies are presentable

❖ Vendors

• Solicit bids, arranging contracts and forge relationships with a variety of service providers, including landscaping, plumbers, electricians, security and more. Excellent customer service skills are a must.

❖ Maintenance

• Tending to and ensuring the buildings and grounds of the portfolio are maintained and well-kept.

• Contracting and supervising repairs & maintenance work, managing capital projects and assisting with tenant buildouts.

• Maintains building systems by contracting for maintenance and service agreements.

❖ Financials and Budgets

• Assistance with analyzing leases, development projects and acquisitions & dispositions

• Report on financial performance monthly, controlling portfolio income and expenses and analyzing variances

• Prepare and manage annual budgets, schedule expenses, initiate corrective measures, and prepare reports by collecting, analyzing, and summarizing data.

❖ Risk Management

• Insurance compliance with tenants, vendors and property coverage

• Secures portfolio by contracting with security patrol service, installing and maintaining security devices, establishing and enforcing precautionary policies and procedures, and responding to emergencies.

❖ After Hours

• The goal is always to foresee any issues and prevent them in advance, Portfolio Manager will respond to unplanned situations and emergencies, requiring quick thinking, resourcefulness, and the ability to solve any problem.

• Available to receive calls after business hours if a portfolio and/or a tenant experiences a serious problem.

❖ Development

• General with projects, i.e., coordination, strategy, financial analysis, design, etc.

Requirements

• 5+ years of senior portfolio management experience

• Proficient in Yardi (preferred), MRI or AppFolio

• Proficiency of office software such as Microsoft Outlook, Excel, and Word

• Experience analyzing budgetary data

• Education: Bachelor’s Degree preferred

• Strong organizational, analytical and time management skills, with an attention to detail

• Advanced quantitative skills with an ability to solve problems involving several options in situations

• Excellent written and oral communication skills

• Ability to provide efficient, timely, reliable and courteous customer service

• High level of integrity and outstanding work ethic with an understanding of procedures, company policies, and business practices

• Energetic, enthusiastic and a team player attitude

• Respects confidentiality

BENEFIT PACKAGE

TESTING

Employment subject to a drug test and background check.

COVID

• Proof of completed vaccination and boosters, with a copy for our files, verified by CA Personal Digital Vaccine Record.

• Employment to commence at least 2 weeks after final dose.

HEALTH INSURANCE

• Medical - Sharp Health Plan (HMO)

o Eligible for enrollment after 90-day probationary period

o Selma pays 75% of the employee’s premium

o Employee is responsible for remaining 25% of premium

o Employee is responsible for 100% of dependent(s) premium(s)

o Employee contribution to premium(s) is offered on a pre-tax basis

• Dental, Vision and additional insurance options offered on a pre-tax basis to employee

• LegalShield offered on a post-tax basis cost to employee

SIMPLE IRA

• Selma offers a SIMPLE IRA with a matching contribution up to 3% of your GROSS income

• You are eligible to participate after 1 year of employment from hire date and once you have received at least $5,000 in compensation during any two prior years and you reasonably expect to earn at least $5,000 in the current year.

VACATION TIME

• 80 hours/year, accrued per pay period, for the 1st 5 years, eligible to be used after 90-day probationary period

• 120 hours/year, accrued per pay period, after 5 years

SELMA HOLIDAYS

• Minimum of 8 paid per calendar year

PTO (aka Sick Time)

• 40 hours per year, available for use after 90-day probationary period

CELL PHONE REIMBURSEMENT

• If you are using a cell phone for communication, we will give you a $50/ month credit.

MILEAGE

• If you use your personal vehicle for visiting properties or errands, we will pay you the current published IRS rate. Excluded to/from your personal residence.

Employment Type
Full-time

Job Type: Full-time

Pay: $110,000.00 - $120,000.00 per year

Benefits:

• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Physical setting:

• Office

Schedule:

• 8 hour shift
• Monday to Friday

Ability to commute/relocate:

• San Diego, CA 92131: Reliably commute or planning to relocate before starting work (Required)

Work Location: In person

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