Property Manager - Residential/Multifamily

GRACEADA MANAGEMENT CO•Grand Junction, CO

About The Position

Graceada Partners is a Modesto, California-based real estate private equity firm focused on value-add investing in secondary and tertiary markets. The Property Manager is responsible for all operations of a residential apartment community, managing to the owners’ objectives in the management plan and operating budget. The role’s primary objectives are to increase the property’s net operating income, maintain the physical asset, provide a quality living environment for residents, and establish positive, productive relationships with property staff. The Property Manager performs duties personally or through subordinate supervisors and employees. The position oversees rental activity, marketing, leasing, financial and administrative functions, maintenance, regulatory compliance, vendor services, and on-site staff. The role also supervises the Assistant Manager, leasing staff, and maintenance employees.

Requirements

High school diploma or GED.
At least two years of related experience.
Sales and marketing management experience.
Working knowledge of eviction law, Fair Housing mandates, and other legal issues affecting property management.
Ability to communicate effectively verbally and in writing and present information and respond to questions from managers, clients, residents, and the general public.
Ability to perform arithmetic using whole numbers, common fractions, and decimals, and calculate rates, ratios, percentages, and commissions while working within budget guidelines.
Ability to read, analyze, and interpret business periodicals, professional journals, technical procedures, and governmental guidelines.
Computer proficiency with Windows, Microsoft Office, Word, Excel, and Outlook.
Ability to solve practical problems and handle situations with multiple concrete variables and limited standards.
Ability to carry out supervisory responsibilities in accordance with organizational policies and applicable laws.

Responsibilities

Monitor and direct rental activity, including preparing rental agreements and ensuring collection of specified rents.
Design and implement direct on-site marketing and maintain an in-depth knowledge of the associated market.
Direct bookkeeping functions for receivables and payables.
Manage occupancy, revenue growth, timely rent collection, policy and procedure compliance, and financial performance in accordance with the annual operating budget.
Monitor and direct property maintenance operations, arranging alterations, upkeep, maintenance, or reconditioning in accordance with the management services agreement and company standards, including the monthly safety program.
Assist with long-range property planning and risk management by maintaining a current, accurate assessment of the physical plant and property operations.
Monitor compliance with Fair Housing regulations, local ordinances, laws, and applicable company or property guidelines, applying legal and company policies consistently.
Employ and contract for required vendor services and on-site personnel.
Purchase supplies and equipment for the property.
Direct preparation of financial statements and property status reports, including occupancy and lease expiration information, and ensure timely, accurate reporting, including variance reports.
Manage vendor services according to contract specifications and ensure quality, liability, and insurance requirements are met.
Prepare periodic inventories of building contents and assess property condition.
Assist with resident evictions in compliance with court orders and directions from the attorney and owner.
Supervise the Assistant Manager, leasing staff, and maintenance employees, including interviewing, hiring, training, assigning and directing work, evaluating performance, rewarding and disciplining employees, addressing complaints, and resolving problems.
Direct, coordinate, and evaluate the Maintenance unit.