Portfolio Manager

Indigo Real Estate Services•Bellingham, WA

7d•Onsite

About The Position

The Portfolio Manager is responsible for maintaining the integrity of the physical assets and maximizing the returns from those assets. This role involves oversight and compliance management regarding regulatory requirements related to owner's financing and owner's mission. The Portfolio Manager will also be responsible for the supervision, training, and development of all personnel within their management portfolio, and for maintaining relationships with suppliers, vendors, and others serving the communities.

Requirements

Minimum of five years' experience at on-site and supervisory levels including multi-site responsibilities.
Strong leadership and team building abilities.
Self-motivated and self-directed individual.
Exceptional communication skills and ability to effectively interact with ownership representatives.
Proficient in understanding financial statements and creating business plans/budgets.
Possess a working knowledge of property management software, Federal Fair Housing, Landlord/Tenant and ADA legislation.

Responsibilities

Maintaining the integrity of the physical assets and maximizing the returns from those assets.
Oversight and compliance management regarding regulatory requirements related to owner's financing and owner's mission.
Supervision, training, and development oversight of all personnel within his/her management portfolio.
Maintaining relationships with suppliers, vendors, and others serving the communities within his/her management portfolio.
Conduct regular site visits to evaluate the progress and/or needs of the individual communities within his/her portfolio.
Supervises employees and contractors.
Assures adherence to specifications (contractual; operations manual).
Conducts formal site inspections of building interiors and exteriors within management portfolio.
Makes recommendations for physical repairs and/or replacements.
Ensures observance of safety regulations.
Provides supervisory oversight for team leaders, business managers.
Regularly evaluates market conditions and property comparable.
Evaluates and monitors community's marketing plan.
Periodically reviews rental applications and lease forms for accuracy and compliance with established policies and procedures.
Supervises rent collection in accordance with established policies.
Approves and monitors rental rate recommendations for new leases and renewals based on current market information.
Reviews and helps develop annual property management plan and operating budget.
Reviews all monthly financial reports.
Reviews and approves payments (payroll, invoices).
Approves expenditures in accordance with established policy and procedures.
Handles employee selection, training, and control, and assures that all supervised employees comply with the appropriate policies and procedures.
Ensures property files and records are maintained.
Spends agreed-upon percentage of time on obtaining market knowledge, community relations, and asset evaluation.