Area Property Manager

Beacon Communities•Stamford, CT
•$117,250 - $135,000•Onsite

About The Position

The Area Property Manager provides day-to-day property management support and oversight across multiple properties, working with property and maintenance teams to execute, troubleshoot, and monitor operations. The role involves a fast-paced schedule that may include monthly overnight travel and requires availability on call 24/7 for emergencies. The manager supports financial performance, resident and employee safety, regulatory inspection readiness, and staff development, while maintaining positive relationships with residents, communities, and partner agencies. The Area Property Manager oversees budgeting and financial analysis, revenue management, rent increases, collections, contractor and capital project coordination, property inspections, utility conservation, and compliance with applicable housing programs. The position also trains and mentors property staff, helps maintain operational standards, and may assume site management duties during vacancies or extended staff absences. The role reports to regional leadership as determined by the SVP of Property Management and supervises direct reports as assigned.

Requirements

  • High school diploma or GED required.
  • Five years of property management experience, including staff management and development, budgeting, and financial analysis.
  • Solid property management operational experience.
  • Expertise in affordable housing, particularly Project-Based Section 8 and LIHTC programs.
  • Demonstrated ability to manage projects from conceptualization through implementation.
  • Strong interpersonal skills, including conflict resolution and employee motivation.
  • Excellent analytical and problem-solving abilities.
  • Proficiency in Microsoft Word, Excel, and Yardi.
  • Excellent verbal and written communication skills.
  • Entrepreneurial, flexible, creative, and detail-oriented approach.
  • Ability to handle emergency situations and work under pressure in complex, time-sensitive environments.
  • Available on call 24/7 to respond to emergencies.
  • Ability to lift up to 25 pounds, stand and walk for long periods, and climb stairs.
  • Adherence to Beacon’s values-based behaviors.

Nice To Haves

  • Bachelor’s degree in business or a related field.
  • Multi-community, mixed-income residential property management experience.

Responsibilities

  • Build positive, active, collaborative relationships with residents, communities, and associated agencies.
  • Prepare property budgets, ensure adherence, and perform budget reprojections as needed.
  • Review actual income and expenses against approved budgets and provide variance comments to leadership.
  • Work with property staff to gather eligible expense documentation and submit reserve requests to agencies, lenders, and investors.
  • Facilitate the bid process and execute contracts within the signatory policy threshold.
  • Work directly with property team members to accomplish property-based objectives and troubleshoot operational problems.
  • Participate in scheduling daily, weekly, and monthly tasks and deliverables.
  • Monitor utility costs and energy conservation programs; conduct property walks and vacant unit inspections and ensure preventative maintenance is completed.
  • Manage revenue management and pricing processes, including market comparisons and rent increase strategies, where applicable.
  • Prepare rent increase packages with property staff and ensure timely submissions to state and regulatory agencies, as applicable.
  • Support and monitor timely collection of resident and agency rents and subsidy payments in compliance with housing stabilization plans.
  • Set operational targets with property staff in accordance with company standards.
  • Enforce and follow company policies, core values, and regulations, modeling Beacon’s value-based behaviors.
  • Assist with new staff training and completion of the Property Manager orientation checklist.
  • Coordinate apartment turnovers and renovations with property staff and contractors, maintaining company standards.
  • Collaborate on capital projects and supply ordering in line with budgets and property needs.
  • Review payroll issues for direct reports, as necessary.
  • Coordinate disaster recovery efforts under the Crisis Response Preparedness Plan when disasters or crises occur.
  • Work professionally and cooperatively with residents and staff while protecting resident confidentiality.
  • Monitor and ensure compliance with LIHTC, HUD, and other applicable housing programs.
  • Assume duties of other site management staff during vacancies or extended time off.
  • Provide hands-on training, onboarding, mentorship, coaching, support, and performance management for property staff.

Benefits

  • Medical, dental, and vision coverage for employees regularly scheduled to work at least 24 hours per week.
  • HSA/FSA options.
  • 13 paid holidays per year.
  • Paid time off including vacation, personal days, sick time, wellness days, summer flex time, volunteer days, and early-close Fridays.
  • 401(k) program with company match.
  • Company-paid life insurance, with optional voluntary life, critical illness, hospital care, and accidental injury coverage.
  • Employee Assistance Program.
  • Childcare and eldercare support.
  • Career development and advancement opportunities.
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