Property Manager manages the day-to-day operations for a property or portfolio of properties. Responsible for coordinating routine and emergency maintenance, selecting and managing contractors, and leading property improvement projects. Being a Property Manager develops financial and business plans for profitable property ownership. Oversees budgets, lease administration, and tenant service delivery. Additionally, Property Manager may initiate or assist with the buying and selling properties in the portfolio. Requires a bachelor's degree. Typically reports to senior management. The Property Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Property Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
JOB DESCRIPTION:
Company: MCI Property Management and Construction
Position: Property Manager
Reports to: Chief Executive Officer
Location: Newark, NJ
A growing New Jersey based real estate development company with a focus on providing quality housing and community-based solutions seeks a Property Manager to assist with the management of the existing residential and commercial portfolio.
ABOUT MCI:
MCI Property Management and Construction is a urban revitalization firm focused on providing quality housing though enhancing the value of assets. MCI’s mission is to acquire, develop and actively manage distressed properties to provide affordable options in urban centers. MCI thrives on public/private partnerships and focuses on creating value in underserved areas to ultimately strengthen families.
POSITION DESCRIPTION:
We are looking for a Senior Property Manager who will be responsible for all aspects of our portfolio. Our ideal candidate is someone who has experience managing a variety of commercial and residential buildings. We are looking for someone with excellent track records in both real estate operations management and tenant relations. The property manager would be responsible for the day-to-day management of assigned properties and is the primary contact for those properties. The Property Manager will be the on call manager which includes night, weekend and holiday management of all properties in the portfolio.
RESPONSIBILITIES
● Supervise maintenance staff & vendors to assure work orders are completed.
● Coordinate the scheduling of maintenance work and regularly supervise inspections.
● Responsible for conducting inspections on the property.
● Provide reports of vacancies, tenant information, and the physical condition of the property.
● Review occupancy reports, aged receivables, and open work order reports.
● Confirm that all vacant units/areas are ready to lease.
● Supervise all vacant apartment turnover procedures.
● Complete housekeeping inspections prior to renewing leases.
● Place orders, when approved, for all maintenance and cleaning supplies, materials, and equipment
● Conduct quarterly inspections of all property.
Marketing & Sales:
● Coordinate the leasing of all vacant units including marketing to solicit potential tenants.
● Review all rental applications and lease forms for accuracy and compliance with resident policy.
Tenant Management:
● Maintain effective resident relations.
● Assist with the overseeing of building and apartment renovations.
● Manage third-party contractors on the maintenance and repair of properties
● Supervise & implement rent collection policies and implementation of collection programs.
● Supervise move-in and move-out procedures in a timely manner.
● Responsible for rental agreements, collecting and recording deposits and rents, follow-up on delinquencies, enforcing terms of the rental agreements, resolving tenant complaints in a timely manner, and overseeing eviction proceedings when it becomes necessary.
● Responsible for all aspects of tenant certification, selection, recertification, and applications.
● Act as on-call property manager on weekends and holidays.
Financial Reporting and Control:
● Prepare monthly financial accounting, reporting, and explanation of variances.
● Approve vendor invoices for payment.
Administration:
● Maintain property files and records.
● Handle any emergency that may arise on site.
● Communicate all problems and make recommendations to the upper management.
● Complete all duties in a professional and timely manner.
Qualifications:
● Bachelor's Degree preferred but a minimum of three years of property management experience, ideally in commercial and residential property management.
● Prior experience with Section 8 is a plus
● Proficiency with various software, apps, and computer programs such as Buildium, Yardi, CRM,
Google Suite, Google Drive and Microsoft Office.
● Excellent verbal and written communication skills.
● Exceptional organizational skills.
● The candidate must be able to work effectively as a member of a diverse team.
● Proficient knowledge of eviction law, Fair Housing, and other legal issues affecting property management.
● Proven track record of facilitating performance improvement.
● Ability to manage competing priorities and meet deadlines
● Spanish speaking a plus
● Must have a vehicle as job requires driving to properties
ADA SPECIFICATIONS (Physical demands that must be met to successfully complete the essential functions of the job):
● While largely sedentary, this position requires the ability to sit, stand, and lift up to 20 lbs., speak, and hear, sometimes for extended periods of time.
● Requires the ability to use a computer and office equipment traditionally found in office settings.
● Requires the periodic ability to travel regionally, on behalf of the company.
NOTE: While the above information is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed as assigned. It does not limit the assignment of related duties not mentioned.
CORRESPONDENCE:
Interested parties should forward a current resume and cover letter to mcipm2022@gmail.com with the subject line “MCI Property Management and Construction – Property Manager”. MCI Property Management and Construction is an equal opportunity employer.
Job Type: Full-time
Pay: $25.00 per hour
Expected hours: 40 per week
Benefits:
Experience level:
Schedule:
Experience:
License/Certification:
Work Location: In person
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