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Job Description:Property Manager – Competitive Salary + Benefits – Waterloo, Ontario The Role Do you possess a post-secondary degree in Real Estate or Business or equivalent experience? Do you have experience as a Property Manager, with strong understanding of commercial properties and facilities activities? If so, we have an exciting opportunity for you. We are a real estate investment and asset management firm, looking to appoint a Property Manager to join our team. This is a varied role in a fast-paced environment and requires strong problem-solving skills and the ability to liaise with a range of stakeholders to ensure excellent customer service. The management team places a high value on personal growth. As the company continues to grow, this role can evolve and develop based on the candidate’s strengths, interests, and abilities. Key Responsibilities: The key responsibilities of a Property Manager include, but are not limited to: * Administer and ensure compliance of the terms of all tenant leases (primarily commercial/mixed use properties). * Monitor and follow-up on tenant maintenance requests * Preparation of annual property operational budgets and capital planning * Review ARR and Rent Schedules * Approve all invoices for payment and ensures account allocations are correct * Monitor receivables and ensure that tenant notices are produced and served as required and outlined in the Policy and Procedure. * Onboard new commercial tenants * Continually look for efficiencies and/or new revenue streams * Work with facilities project manager to oversee and understand portfolio projects * Deal promptly with all tenant calls, prioritizing high importance items, noting in Yardi memos. * Serve miscellaneous notices, post informational notices in lobbies, and attend various property inspections by those directed by Director, Property Operations. * Coordinate with Property Admin to ensure delivery of rent increase notices & N4 Eviction forms as required monthly or more. * Review and analyze monthly variance reports * Maintain all residential tenant files (both paper & computer), ensuring that all notes are in computer & notices are filed with certificates of services and all incidents are documented. * Attend Tribunal hearings to process evictions & claims. * Conduct quarterly residential unit inspections * Assist in the preparation of financial and management reports * Support the Asset Management team with the due diligence process in the event of a disposition or acquisition * Maintain accurate records, rent rolls, delinquency reports, move-in/move-outs, etc. * Provide direction to facilities department * Prepare quarterly market rent analysis for all residential properties * Follow-up for renewals and terminations * Maintain optimum residential tenancy by addressing tenant issues effectively to ensure long term tenancy, referring to the lease agreement & Landlord Tenant Act. * Communicate effectively with all residents and other external parties. Ensure that any areas of concern are addressed promptly and thoroughly. The Company Lexington Park Real Estate Capital Inc. (Lexington Park) is a real estate investment and asset management firm based in Waterloo, Ontario. We strive to create lasting value for our investors, principal owners, and communities. One of our key strengths in creating value is our proactive, hands-on, and detailed management style. We manage only the firm’s assets and do not take on any third-party management contracts. The Benefits * Lexington Park offers excellent compensation commensurate with experience and a full benefits package The Person The key skills and qualities of a Property Manager: * Personable with the ability to interact well with others, a team player * Ability to multi-task and effectively manage priorities under pressure * Ability to communicate effectively and professionally, both oral and written * Strong working knowledge of MS Word, Excel, and Outlook * Must have a valid driver’s license and access to a vehicle at all times * Logical and analytical problem solver with good decision-making skills * Ability to adapt to new process and procedure and help the business grow and develop If you are keen on joining this exciting, forward-thinking company and taking the next step in your career, then please click the apply now button to find out more. #ecruit Job ID: 14307036
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