Community Manager- The Villas at Fairway

Edgewood PropertiesPiscataway, NJ
Onsite

About The Position

Edgewood Properties, a leading real estate development and property management company founded in 1992, is experiencing significant growth with plans to double its apartment portfolio to over 12,000 units in the next five years. The company is seeking a Property Manager for its multi-family portfolio, specifically for the luxury property, The Villas at Fairway, located in Piscataway, NJ. The Community Manager is a crucial leadership role responsible for optimizing the financial performance of the community while overseeing its day-to-day operations. This includes managing revenue generation, resident relations, customer service, property maintenance, vendor services, capital improvements, administrative tasks, reporting, safety, and compliance.

Requirements

  • Minimum of 5 years in multi-family or hospitality leadership.
  • Proven experience in roles with P&L/budget accountability.
  • Demonstrated success in sales, leasing, and marketing.
  • Ability to analyze market and economic factors that impact community performance.
  • Strong communication, time management, and customer service skills.
  • Effective leadership and team development abilities.
  • Well regarded and honed executive presence.
  • Ability to work a minimum of one weekend day a week until property reaches 95% occupancy.

Responsibilities

  • Fosters a workplace culture that aligns with the company’s vision, mission, and values.
  • Sets clear goals and key performance metrics for team members and holds them accountable.
  • Provides positive, professional leadership and mentorship to team members.
  • Drives financial performance with a focus on achieving budget goals and comparing results to prior years.
  • Evaluates Net Operating Income (NOI) and individual line items/costs per unit.
  • Prepares monthly variance analysis reports to offer insights into financial results.
  • Monitors and controls expenses to stay within budget and identify cost-saving opportunities as needed.
  • Analyzes revenue and lease pricing strategies to maximize income.
  • Guides the leasing team to develop a marketing plan that supports a minimum of 95% occupancy.
  • Collaborates with preferred vendors to leverage purchasing power and optimize pricing.
  • Inputs, tracks, and approves property expenses using RealPage software.
  • Contributes to the annual budget and periodic reforecasting processes.
  • Assists in planning annual capital expenditures.
  • Hires, trains, supervises, and supports Community Managers and site staff.
  • Ensures compliance with all company policies and procedures.
  • Maintains “curb appeal” and ensure all vacant units are ready for occupancy; assess ongoing property needs.
  • Oversees the property’s online presence and social media strategy to showcase property features and attract prospective residents.
  • Ensures the team uses RealPage daily to maintain accurate resident and applicant information records to “Know Your Resident”.
  • Collaborates with Lease Administration and Accounting to uphold compliance with organizational standards.
  • Addresses resident service issues promptly to maintain high levels of satisfaction.
  • Manages team schedules to complete unit turns, make-readies, and move-outs on time.
  • Responds to action items and improvement goals identified during property inspections.
  • Handles Court/Township needs as directed by leadership.

Benefits

  • medical and dental and vision benefits
  • life insurance
  • a 401(k)
  • on-site company fitness gym
  • discounts on housing
  • discounts on home appliances
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