Commercial Asset Manager

About the Role

We are seeking an experienced Commercial Asset Manager to oversee a portfolio of commercial real estate assets and maximize property performance, occupancy, and long-term asset value. This role requires a strategic leader with strong financial, operational, and leasing expertise who can collaborate with property managers, vendors, brokers, and ownership to achieve investment objectives.

Responsibilities

• Financial Management
  • Develop and manage annual operating and capital budgets.
  • Review financial statements and monitor property performance against budgets.
  • Approve property expenditures and maintain cost controls.
  • Review delinquency reports and develop collection strategies.
  • Coordinate lender requests and financial reporting.
• Leasing & Asset Strategy
  • Develop and implement leasing and marketing strategies.
  • Conduct market research and competitive rent analysis.
  • Manage relationships with leasing brokers.
  • Oversee lease negotiations, renewals, and documentation.
  • Develop asset-level business plans to maximize NOI and long-term value.
• Property Operations
  • Conduct regular inspections of commercial properties.
  • Monitor maintenance standards, capital improvements, and vendor performance.
  • Approve service contracts, scopes of work, purchase orders, and vendor agreements.
  • Recommend and oversee preventative maintenance programs.
  • Ensure vacant spaces are market-ready.
• Tenant & Stakeholder Relations
  • Support property managers in resolving tenant issues.
  • Coordinate with city and county officials when necessary.
  • Oversee legal matters related to evictions and lease compliance.
  • Maintain strong communication with on-site management teams.
• Compliance & Administration
  • Ensure compliance with local regulations, permits, and licensing requirements.
  • Maintain property records and operational documentation.
  • Prepare monthly operational reports and portfolio updates.
  • Attend regular management meetings and provide performance updates.
  • Develop corrective action plans for underperforming assets.

Qualifications

• Bachelor's degree required.
• 7+ years of commercial property or asset management experience.
• Certified Property Manager (CPM) designation required.
• Strong commercial leasing experience with proven success in occupancy and tenant retention.
• Demonstrated leadership and team management experience.
• Advanced knowledge of commercial property operations and asset management.
• Proficiency with Yardi, Microsoft Excel, Word, and property management software.
• Experience with budgeting, financial analysis, capital planning, and vendor management.
• Basic construction or building systems knowledge is a plus.
• Valid driver's license and ability to travel between properties.