Assistant Property Manager Richmond, VA

Assistant Property Manager job at LBA Logistics | LBA Properties. Richmond, VA. LBA Logistics | LBA Properties is a full-service real estate investment and management company with a diverse portfolio of industrial and office properties in major markets throughout the U.S. including California, Colorado, Washington, Arizona, Texas, Illinois, and New Jersey. We are a privately held company that was founded in 1991 and are comprised of 250 team members.

LBA Realty consists of several real estate investment funds and joint venture partnerships with multiple investors including sovereign wealth funds, endowments, foundations, pension funds, and high-net-worth individuals. We have an exciting opportunity for an Assistant Property Manager to join our team in the Richmond, VA office. Reporting directly to the Senior Property Manager & Regional Operations Manager, you will play a vital role in supporting the Operations Team and assisting in the management of a 5.1-million-square-foot portfolio of industrial properties.

These properties are predominantly located in the greater Richmond, VA market, as well as properties in Baltimore, Maryland accommodating approximately 80 tenants.

• Coordinates building access to brokers, tenants, and vendors.
• Responsible for building and maintaining relationships with tenants and vendors.
• Assists with site inspections including vendor site visits, appraisal tours, and lender inspections.
• On call for fire alarms and other property emergencies.
• Oversee service contracts, purchase orders, and work authorizations.
• Expected to actively find ways to reduce operating expenses while striving to increase the quality of service we provide tenants.
• Responsible for ensuring code compliance and proper equipment maintenance for all properties.
• Actively participate in operations meetings.
• Assist with move-ins and move-outs.
• Coordinate tenant appreciation events and other ESG initiatives.
• Assist with CAM reconciliations & CAM Estimates.
• Prepares license agreements, telecommunication agreements, approval memos, and legal notices (such as 3-day notices)
• Assists in reforecasting of property budgets (simple, corporate allocations)
• Conduct quarterly property inspections, including MRI input.
• Documenting and processing risk management insurance claims.
• Utility tracking and processing to ensure timely payment.
• Assist with tenant chargebacks and adjustments and associated backup documentation processing.
• Assist with processing of capital project documentation in PMWEB.
• Assist with financial reporting when needed including:
  • Review and approve of property accounts payable invoices (1 st step), including utilities, and follow up on vendor payment issues as they arise
• • Assist with a variety of accounts receivable functions, such as delinquency calls and letters, payable applications, and delinquency notes
  • Assists in reviewing monthly tenant billings to ensure accuracy and be able to field tenant questions regarding
  • Verifying Monthly rental updates
• Additional duties, tasks, or responsibilities as assigned.

• Bachelor's Degree preferred.
• Real Estate License preferred.
• Minimum of 2-3 years’ experience as an Assistant Property Manager.
• Experience providing excellent internal and external customer service.
• Experience with Budgeting and CAM Reconciliation processes.
• Ability to multi-task and handle interruptions calmly and politely.
• Must be proficient with word processing & spreadsheet software (Word and Excel) and adapt to using multiple accounting, budgeting, and compliance platforms.
• Strong organizational, problem-solving and analytical skills; able to manage priorities and workflow.

The anticipated base salary range for this position is $70,000–$75,000 per year. Actual salary will depend on several factors, including, but not limited to, experience, other job-related skills and qualifications as permitted by law.

Full time employees may be eligible for benefits including health insurance, dental insurance, vision insurance, life insurance, 401k matching program, Basic Life and AD&D Insurance, Voluntary Life and AD&D, Flexible Spending Accounts to help offset the cost…