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Property Manager in Commerce, California at Omninet Capital LLC

NewJob Function: Facilities
Omninet Capital LLC
Commerce, California, 90040, United States
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Job Description

About Omninet Capital LLC

Omninet Capital is a vertically integrated private real estate investment and property management firm headquartered in Beverly Hills, California. Founded and led by its principals, the firm owns and operates a diversified portfolio of multifamily and commercial assets across the United States, with approximately 300 professionals managing the platform end-to-end — from acquisitions, capital markets, and asset management to property operations, construction, accounting, legal, and technology.

Our edge is operational. Because we underwrite, close, and operate our own assets, every member of the acquisitions team works alongside the people ultimately responsible for executing the business plan. We combine institutional rigor with the speed and conviction of a principal investor, while increasingly leveraging AI and automation to accelerate underwriting, sharpen decision-making, and uncover opportunities others miss.


Job Summary

Omninet is seeking a candidate with 5+ years of related commercial real estate experience required. This is a great opportunity for someone who is business and financial minded, customer centric, who can operate in a hands-on environment and is able to handle a multitude of tasks. This candidate must have strong leadership, management ability and problem solving and decision-making ability. Ability to analyze financial data and prepare financial reports. The candidate will interface directly with the company’s managing partners, executives tenants and outside vendors.

This is an incredible opportunity for a candidate with experience and passion for the real estate industry to join a thriving, diverse, fast-paced, highly entrepreneurial investment firm and receive hands on experience in the acquisition process as well as management of the project post-acquisition. Compensation will be competitive and based on experience.

Responsibilities

Under the supervision of the Regional Manager/Portfolio Manager, a Property Manager is responsible for all phases of the operation of a property.

• Oversee day-to-day operations of each property in the portfolio and supervision of staff (including property management, maintenance, security and janitorial), assigning performance goals and assuring their completion.

• Manage and lead a team which may include Property Manager(s), Assistant Property Manager(s), and Property Administrator(s) including recruitment, onboarding, supervision, scheduling, training, development, evaluation and disciplinary action of employees.

• Work closely with the Lead Engineer as a team to ensure each property in the portfolio is running smoothly and that al building issues and repairs are being addressed accordingly.

• Responsible for ensuring that each property in the portfolio maintains an excellent tenant experience and represents Omninet with the utmost professionalism. This includes, but not limited to, hosting tenant relation events, distributing property newsletters, memos, tenant handbooks, etc.

• Respond to tenant needs and ensure prompt resolution of problems by administrative and technical staff.

• Ensure compliance with policies, procedures, regulations, and contractual obligations.

• Conduct regular property inspections and recommend/make alterations, maintenance, and reconditioning as necessary.

• Coordinate and supervise vendor services.

• Coordinate tenant move-ins, move-outs, and "walk-through" spaces.

• Responsible for reviewing and submitting tenant move out financials in a timely manner to Corporate for processing in accordance with the tenant’s lease.

• Act as the primary contact with property owners to ensure objectives are met.

• Prepare and deliver timely, accurate, and complete reports.

• Develop and control annual budgets for operating and capital expenses.

• Forecast management plans and prepare monthly performance reports, explaining variances.

• Work with Property Accountants to ensure accurate accounting deliverables such as monthly accruals and operating statement.

• Responsible for ensuring new leases and lease amendments are entered into Yardi accurately as well as maintaining the rent roll is accurate at all times.

• Collect rent and pay expenses per lease terms.

• Prepare all required legal notices.

• Recommend and coordinate legal action as needed.

• Review, reconcile and analyze tenant rent and Common Area Maintenance (CAM) recovery charges.

• Enforce all vacant space is in “market ready” condition.

• Enforce rules and regulations of the property and lease agreements.

• Conduct new tenant orientation.

• Develop business relationships through memberships and participation in professional, industry/trade, and civic organizations.

• Provide formal supervision to individual employees.

• Recommend staff recruitment, selection, promotion, advancement, corrective action, and termination.

• Plan and monitor appropriate staffing levels and utilization of labor.

• Handle performance appraisal for staff.

• Mentor and coach team members to further develop proficiencies.

• Responsible for having a strong understanding and familiarity with all Omninet SOPs and operating philosophies.

• Model behaviors consistent with the company's values.

Qualifications

• Must have a bachelor’s degree from an accredited college or university.

• Must have 5+ years experience in Commercial Property Management.

• Bilingual (Spanish) a plus.

• Excellent written and verbal communication skills.

• Strong interpersonal and analytical skills.

• Ability to provide efficient, timely, reliable and courteous service to customers.

• Ability to effectively present information and respond effectively to critical issues.

• Conduct high-level financial analysis.

• Ability to comprehend, analyze, and interpret intricate documents.

• Ability to resolve problems involving several options.

• Intermediate to expert Computer Skills including a proficiency in Microsoft Office, Excel and Word.

• Commitment to values and strong business ethics are required.

Location: Commerce, CA (Onsite)

Job Type: Regular, Full-Time

Compensation Range: $70,000-$85,000


The pay range for this role is:
70,000 - 85,000 USD per year(Commerce Plaza)

Job Location

Commerce, California, 90040, United States

Frequently asked questions about this position

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