Senior Property Manager

CIM Group® is a premier full service urban real estate and infrastructure fund manager with approximately $20.5 billion of assets under management. Since its founding in 1994, CIM has been a process- and research-driven investor that mitigates risk through the fundamental analysis of the long-term drivers in communities.

The Senior Property Manager is responsible for overall day-to-day management of the residential and mixed use properties throughout the Hollywood and Los Angeles area.

* Ensure monthly tasks are completed timely by the administrative staff such as turnover repairs being in synch with leasing, marketing plan supporting the lease program, preventive maintenance tasks are completed to avoid disruptions or additional costs, and leases are inputted into Yardi * Responsible for knowing and understanding the market of assigned property(s)’ similar peer group. Keep informed about new development or redevelopments within the market and be able to discuss how these will impact CIM’s residential properties. Build relationships with local business organizations or organizations like BOMA to gain additional market information. * Ensure pricing matrix (“Unit Pricing Matrix”) and renewals are approved for each calendar year; confirm matrix is updated by the Leasing Associate on a weekly/monthly basis (as required) to maximize market rent and occupancy. * Work with the Leasing Associate to ensure all renewals or new leases meet or exceed the approved Unit Pricing and all units that are more than 5% from the approved Unit Pricing Matrix are pre-approved by the Investment Lead. * Track and manage the marketing plan traffic goals to ensure adequate traffic and closing ratios for both new and existing leases using a monthly scorecard to project occupancy five weeks out. * Ensure all residential leases are executed in accordance with CIM Group stated policies and procedures (within 2 business days). Verify on a monthly basis the accuracy of the property(s)’ (a) rent roll, (b) occupancy status, (c) lease charges, (d) lessee’s match actual resident’s name and (e) term. * Oversee team to ensure timely payment and to avoid excessive delinquent rent balances ensuring the property is no more than 30 days behind on any residential lease unless there’s a pending eviction. * Verify lease terms are correct before leases are executed by any tenants; accept no resident’s changes to the CIM Group lease form without prior corporate approval. Ensure all l supporting Addendums are executed by the residents as set forth by each property’s standardized lease form. * Manage Building Engineers, ensuring all building operating systems such as elevators, boilers, central plant cooling systems are placed on corporate approved preventive maintenance agreement. * Monitor and control the property(s)’ expenditures in accordance with approved budgets and be able to provide recommendations for deferring or capitalizing work as required. Seek to control operating expenses by enforcing scope of work, cap pricing increases, seeking group or regional bids and timely payment. * Inspect the properties on a weekly basis to ensure the overall appearance, exterior lighting condition, cleanliness and maintenance of the property’s common areas with approved vendors and provide Corporate a monthly inspection report. * Provide annual budgeting and expense management along with monthly variance analysis and work closely with corporate to achieve all targeted leasing objectives, operating expense controls and year end NOI for each property. **Supervisory Responsibilities:** * Supervise onsite staff including administrative support employee(s), engineers’ security, parking attendants and other vendors. Plan, organize, and manage employee focused activities

* Bachelor’s Degree required. * Superior knowledge of general accounting practices as it relates to accrual based accounting and interpreting and providing variance comments for financial reports. * Five years’ prior experience working in a residential property manager capacity. * Must possess a valid state-issued driver’s license. * Proficiency in MS Office including Excel, Word, PowerPoint, Outlook * Familiar with Nexus Payables or similar software application. * Familiar with Yardi or similar software application