Commercial Property Manager
LK Apartments
- Waterloo, ON
- Permanent
- Full-time
- Oversee day‑to‑day operations of commercial properties to ensure high performance, tenant satisfaction, and asset preservation.
- Lead quarterly and annual property inspections and ensure maintenance and asset plans are regularly updated.
- Manage cleaning, security, maintenance, landscaping, parking, and onsite personnel through internal teams or third‑party vendors.
- Maintain accurate, up‑to‑date operational and property documentation.
- Develop, manage, and control annual operating and capital budgets.
- Monitor rent collection, accounts receivable, arrears, and compliance with company and legal requirements.
- Prepare monthly financial reporting, including variance analysis, accruals, and portfolio updates for senior leadership.
- Obtain competitive contractor quotes and ensure all work remains within approved budgets.
- Partner with Finance on acquisitions, forecasting, and compliance matters.
- Support Leasing by marketing available space, showing units, and coordinating renewals, subleases, and tenant transitions.
- Manage commercial tenant onboarding for new developments and ensure adherence to design guidelines.
- Conduct market research to identify opportunities for revenue growth, portfolio expansion, and enhanced tenant retention.
- Develop and implement commercial strategies aligned with organizational objectives.
- Build and maintain strong relationships with tenants, ensuring timely response to concerns and effective issue resolution.
- Serve as the primary point of contact for internal and external stakeholders, including contractors, vendors, brokers, and partners.
- Attend client meetings and support new and existing business development initiatives.
- Oversee commercial tenant documentation, ensuring accuracy, completeness, and regulatory compliance.
- Recommend and coordinate legal action related to arrears, lease enforcement, and other tenancy matters.
- Ensure adherence to health, safety, environmental, and operational standards across the portfolio.
- Manage legal matters involving commercial and residential assets, where applicable.
- Execute new business ventures and strategic initiatives in partnership with senior leadership.
- Monitor key performance metrics to assess property performance and drive continuous improvement.
- Collaborate with Marketing, Design, Construction, Leasing, and Finance teams to support company‑wide initiatives.
- Proactively identify opportunities to enhance asset value, manage operational risk, and support long‑term portfolio growth.
- Bachelor's degree in business administration, Finance, Property Management, or related field.
- Proven experience as a Commercial Property Manager or in a related commercial management role.
- Yardi commercial module expertise.
- Strong commercial acumen with a strategic, growth-oriented mindset.
- Demonstrated success in leasing, sales, marketing, and client relationship management.
- Solid understanding of market research, financial reporting, budgeting, and performance analysis.
- Excellent organizational, leadership, and problem-solving skills.
- Exceptional written and verbal communication abilities.
- High attention to detail with the ability to make sound, fact-based decisions.
- Advanced proficiency in Microsoft Office (Word, Excel, Outlook, PowerPoint).
- Comprehensive Health and Dental plan
- RRSP Matching
- Continuous Learning Program
- Career advancement opportunities
- Employee Assistance Program