Caruso · 10 hours ago
Property Manager, Palisades Village
Palisades Village
Full-time
Onsite
Mid, Senior Level
$130K/yr - $140K/yr
3+ years expCaruso is a company focused on strategic property management, and they are seeking a proactive Property Manager for Palisades Village. This role involves overseeing tenant relations, financial planning, and operational excellence to ensure the success of both retail and residential operations.
Commercial Real EstateProperty ManagementReal Estate
Responsibilities
Maintains a responsive, open line of communication with tenants, commercial and residential, including handling complaints, lease enforcement, improvements, and lease schedules
Always remain responsive and available, including after-hours, to address emergencies as they arise
Conducts daily property walks to ensure the commercial and residential property is well-maintained and serviced to our standards
Create and oversee property initiatives to drive traffic and sales to Tenants upon re-opening of the Center, including input with a comprehensive marketing strategy
Foster strong relationships with all Tenants to understand how best to support their needs, drive traffic and increase sales volume, as well as track Tenant performance to plan and consumer behavior no less than bi-monthly
Support, implement and maintain property business plans and growth strategies to meet/exceed goals
Responsible for leasing residences and elevating the residential experience to support a continued high occupancy rate
Promote and ensure the property team follows safety, health, grooming and business protocols
Organize and implement training programs for internal talent development including the development and growth of the property management team
Continually encourage team collaboration, motivation, and high-performance standards to achieve personal, professional and property goals
Direct oversight of all initiatives on property including but not limited to marketing, events, property enhancements and residential functions
Oversee the management of all third-party vendors (security, janitorial, landscaping, parking, etc.)
Where applicable, ensure all aspects of commercial and residential businesses are quantifiable and measurable to stimulate growth in traffic, revenue, occupancy and productivity
Enhance data collection and analysis across all disciplines and departments; develop systems to quantify the success of existing initiatives and qualifying new initiatives
Close collaboration with Marketing to elevate the guest and resident experience through new partnerships, activations, events, and opportunities to drive increased traffic
Responsible for measuring, improving, and managing guest and resident satisfaction
Develop and nurture strong community relations with city officials, governing agencies, and community organizations
Work closely with community members, charitable organizations, city officials, and local businesses to ensure the property continues to operate as the “town center” of the community, while driving traffic, sales and occupancy, stabilizing the re-opening of the Center
Collaborate with various city departments on building and safety issues
Responsible for the negotiation, renewals, and execution of service contracts
Directing and overseeing the implementation and success of loyalty programs
Act as Manager on Duty (MOD) at least twice monthly with flexibility to work more as requested or demanded by business needs
Additional responsibilities as assigned
Work with Development and Vice President of Property Management on a long-term asset management plan including repairs and maintenance, capital expense projects and facility alterations
Maintain an accurate five-year and ten-year CAPEX schedule
Maintain a pulse on merchandizing trends and work collaboratively with Leasing on commercial strategy and pipeline including the creation of a five-year and ten-year leasing strategy annually
Develop annual business plans and operating/capital budgets to meet the property needs
Ensure the property stays within budget, exceeds stated NOI and free cash flow goals each year
Ensure effective cost control and profitability for the properties including authorizing expenditures and reviewing monthly profit and loss statements
Complete all monthly financials including forecasting, sales, parking reports and competitive analysis and retailer analytics
Compile and send Rent Commencement, Rent Increase, Impound and Reconciliation letters for commercial Tenants
Assist with the collection of accounts receivable balances including regular review, monitoring and follow up, on commercial and residential accounts
Oversight of marketing and sales campaigns to ensure budget and goals are met
Qualification
Required
Bachelor's degree in business administration or related field
Proficiency in Yardi, Yardi CRM, and Office 365 (Outlook, Excel, Word, Teams, SharePoint)
Proven success in managing commercial and/or mixed-use properties and third-party vendor management
Astute financial and business acumen
Exceptional problem-solving skills, particularly in situations of high stress
Strong customer service skills in the areas of handling disputes and treating customers, guests and residents with care
Strong ability to problem-solve and exercise good judgement
Results driven to achieve goals and objectives
A motivational leader, with the ability to manage and develop teams
Understands the importance of collaboration and partnership with all company stakeholders to achieve company goals and initiatives
Thrive in an entrepreneurial environment and is consistently looking for ways to think outside-the-box
Ability to communicate effectively and professionally with tenants, residents, vendors and employees regarding operations or personnel issues
Personable, polished and professional with a positive attitude
Strong ability to multitask and prioritize
Preferred
3+ years of experience in a hospitality field such as hotels, retail, and/or restaurant
2+ years of luxury residential leasing experience
Company
Caruso
Caruso Affiliated continues to be the leader in the industry for sales, popularity, growth and the highest quality portfolio.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Elana Siegel
Executive Vice President, Chief Human Resources Officer
Recent News
Pasadena Star News
2025-05-29
Cincinnati Business Courier
2023-10-26
Company data provided by crunchbase