Assistant Property Manager
Company: LBA Realty LLC
Location: Sacramento
Posted on: October 31, 2024
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Job Description:
LBA Realty - LBA Logistics is a full-service real estate
investment and management company with a diverse portfolio of
industrial and office properties in major markets throughout the
U.S. including California, Colorado, Washington, Arizona, Texas,
Illinois, and New Jersey.-- We are a privately held company that
was founded in 1991 and are comprised of 250 team members. LBA
Realty consists of several real estate investment funds and joint
venture partnerships with multiple investors including sovereign
wealth funds, endowments, foundations, pension funds, and
high-net-worth individuals.We have an exciting opportunity for an
Assistant Property Manager to join our team in the Sacramento
office. Reporting to the Regional Operations Manager, you will
provide support to the Operations Team as needed and assist with
the management of a 1.6 million square foot portfolio of industrial
properties (48 tenants) located throughout Sacramento, CA. About
the roleCoordinates building access to brokers, tenants, and
vendors.Responsible for building and maintaining relationships with
tenants and vendors. Assists with site inspections including vendor
site visits, appraisal tours, and lender inspections. On call for
fire alarms and other property emergencies.Oversee service
contracts, purchase orders, and work authorizations. Expected to
actively find ways to reduce operating expenses while striving to
increase the quality of service we provide tenants.Responsible for
ensuring code compliance and proper equipment maintenance for all
properties.Actively participate in operations meetings.Assist with
move-ins and move-outs.Coordinate tenant appreciation events and
other ESG initiatives. Assist with CAM reconciliations & CAM
Estimates. Prepares license agreements, telecommunication
agreements, approval memos, and legal notices (such as 3-day
notices)Assists in reforecasting of property budgets (simple,
corporate allocations) Conduct quarterly property inspections,
including MRI input. Documenting and processing risk management
insurance claims. Utility tracking and processing to ensure timely
payment. Assist with tenant chargebacks and adjustments and
associated backup documentation processing.-- Assist with
processing of capital project documentation in PMWEB.Assist with
financial reporting when needed including: Review and approve of
property accounts payable invoices (1st step), including utilities,
and follow up on vendor payment issues as they arise Assist with a
variety of accounts receivable functions, such as delinquency calls
and letters, payable applications, and delinquency notesAssists in
reviewing monthly tenant billings to ensure accuracy and be able to
field tenant questions regardingVerifying Monthly rental updates
Assist in the Monthly reporting process, including ledger review
and making expense accruals.What we are looking for in a
candidate----Bachelor's Degree preferred. Real Estate License
required.Minimum of 2-3 years' experience in property management,
commercial/industrial industry experience preferred.Experience
providing excellent internal and external customer
service.Experience with Budgeting and CAM Reconciliation
processes.Ability to multi-task and handle interruptions calmly and
politely.Must be proficient with word processing & spreadsheet
software (Word and Excel) and adapt to using multiple accounting,
budgeting, and compliance platforms. Strong organizational,
problem-solving and analytical skills; able to manage priorities
and workflow.Salary Range--The anticipated base salary range for
this position is $70,000-$75,000 per year. Actual salary will
depend on several factors, including, but not limited to,
experience, other job-related skills and qualifications as
permitted by law. Full time employees may be eligible for benefits
including health insurance, dental insurance, vision insurance,
life insurance, 401k matching program, Basic Life and AD&D
Insurance, Voluntary Life and AD&D, Flexible Spending Accounts
to help offset the cost of dependent care and/or health care
expenses, paid holidays and vacation.-- Employees may also be
eligible for a discretionary bonus depending on a number of
factors, including the employee's performance and LBA Realty's
performance on an annual basis.Our Commitment to an Inclusive
workplaceLBA is proud to be an equal-opportunity employer and is
committed to providing a workplace free from harassment and
discrimination. We celebrate diversity and are committed to
creating an inclusive environment for all employees. We do not
discriminate on the basis of race, religion, color, national
origin, gender, sexual orientation, gender identity or expression,
age, marital status, veteran status, disability status, pregnancy,
parental status, genetic information, political affiliation, or any
other status protected by the laws or regulations in the locations
where we operate. Accommodations are available for applicants with
disabilities.Powered by JazzHRPI4cc87ef4496a-25660-35583299
Keywords: LBA Realty LLC, Pittsburg , Assistant Property Manager, Executive , Sacramento, California
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