Property Manager (Affordable Housing/5 years of management experience with strong operation)

CAPSTONE REAL ESTATE SERVICES, INC.•Lake Jackson, TX

23h

About The Position

The Property Manager provides input into the development of budgets by analyzing financial statements, reviewing marketing information, and accessing operational reports. They are responsible for meeting targeted revenues by setting rent rates, ensuring timely collection of rent and fees, making bank deposits, and preparing financial status reports. The role involves approving vendor invoices, controlling expenditures within budget constraints, and overseeing lease enforcement, including approving applications, managing renewals, conducting inspections, evicting residents, and collecting fees. The Property Manager also analyzes market trends to implement marketing and leasing strategies to achieve occupancy and revenue goals. They promote resident satisfaction by responding to complaints and resolving service issues, ensuring maintenance staff comply with company standards. Regular property inspections are conducted to ensure safety, cleanliness, and appearance standards are met. The Community Manager supervises property staff through interviewing, hiring, training, and performance management. They also assist in managing client/owner relationships by meeting with owners, conducting tours, providing performance updates, and responding to requests. The role promotes a positive image of the apartment community and management company.

Requirements

5 years of management experience with strong operation
High School Diploma or equivalent
Driver’s License
Satisfactory results of a thorough Criminal History Record Check(s).
Satisfactory results of a Drug Screen Test.

Nice To Haves

Affordable Housing experience

Responsibilities

Provides input into the development of budget(s) for the property by analyzing and evaluating financial statements, reviewing current and projected marketing information, and accessing operational reports.
Meets targeted revenues by setting rent rates, ensuring rent and fees are collected and posted in a timely manner, making financial bank deposits, and preparing and reviewing monthly financial status reports.
Approves invoices from vendors, contractors, and service providers for payment by reconciling work performed or products purchased, ensuring validity of certificates of insurance, coding charges to appropriate Chart of Account codes, and managing communication between the vendor/contractor, accounting, and the client/owner as needed.
Controls expenditures by staying within the constraints of the approved budget.
Oversees the lease enforcement process by approving prospective resident applications, discounts and renewal leases, conducts periodic apartment inspections, follows proper notice requirements, evicts residents, and imposes and collects late fees and other charges as allowable and stated in the terms of the lease.
Gathers, analyzes, and interprets current market and economic trends that may impact the property and implements short- and long-range marketing and leasing strategies to achieve the property’s occupancy and revenue goals.
Promotes resident satisfaction and retention by responding to complaints, questions, and requests in a timely manner, and taking appropriate action to resolve and address service issues. Ensures the property’s maintenance team members comply with the Company’s standards with respect to responding and completing resident service requests.
Conducts regular property inspections and takes appropriate actions to ensure that the physical aspects of the property, grounds, buildings, and amenities meet established standards for safety, cleanliness, and general appearance and appeal.
Supervises property staff by interviewing, hiring, orienting, and training employees, and manages their performance in accordance with Company policies, values, and business practices.
Assists in managing the client/owner relationship by meeting with the owners, conducting property tours, providing updates and information about the property’s performance, and responding to owner requests as needed.
Promotes a positive image of the apartment community and management company.