Real estate firm manager vs property administrator

Differences between real estate firm manager and property administrator duties and responsibilities

Real estate firm manager example responsibilities.

• Manage segment's treasury function including equity forecasting and investment requests as well as lender relations in a difficult banking environment.
• Provide administrative management of a portfolio of assign commercial real estate loans in accordance with credit policy requirements for risk management.
• Assist with the preparation of quarterly and year-end tax, cash, RPIE and GAAP reporting.
• Prepare legal description necessary for property conveyance indicating any encumbrances affecting the property.

Property administrator example responsibilities.

• Recruit to manage the process of client-own REO properties.
• Manage third party services including cleaning, HVAC, plumbing, electrical, landscaping, specialty vendors and contracts.
• Manage IP investigator/other service supplier relations.
• Manage condominiums for individual investors; enforce lease requirements/community policies.
• Meet with landlords to discuss technical matters when involve in evictions, maintenance and welcoming new tenants.
• Generate estoppel certificates, and coordinate due diligence regarding various sales or acquisitions.
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