Conventional Property Manager

Description

Founded in 2002, the ITEX Group is a privately held real estate investment firm offering expertise in property asset services, property investment, property development, consulting services, and property management.  The ITEX Group pursues a broad range of real estate investments that offer risk-adjusted returns to our investors and clients. The key to ITEX’s success is dedication to fair and equitable relationships with investors. The philosophy is simple, treat investor’s capital as our own and co-invest our capital in every transaction. 

Property Manager at a conventional apartment complex is responsible for overseeing the day-to-day operations in the office, maintaining the good physical condition of the property, ensuring optimal occupancy levels, and developing a marketing campaign to attract new tenants and retain current tenants. They must have excellent customer service skills and be highly organized. They maintain positive tenant relations addressing inquiries and concerns timely. Coordinate and oversee maintenance and repairs, ensuring that the property is well-maintained. Foster a sense of community by organizing resident events, after hours functions, and ensuring community amenities are in great working order. 

Responsibilities:

• Leasing and Marketing: Build and maintain professional business-to-business relationships with local employers. Conduct property tours, process applications, and ensure timely lease renewals and rent collection.
• Financial Management: Prepare and manage property budgets, monitor expenses, and work to maximize rental income. 
• Occupancy Management: Monitor and maintain occupancy rates by overseeing the application and move-in/move-out processes. Conduct regular market surveys to ensure competitive rental rates. Monitor trends and develop marketing strategies to off-set any dips in occupancy projections.
• Property Inspections: Perform routine property inspections to identify maintenance needs, safety concerns, and opportunities for improvements.
• Team Management: Supervise and lead property management staff, including leasing agents, maintenance personnel, and administrative staff. Provide guidance, training, and support to foster a productive team environment.

EOE M/W/D/V

Requirements

• Bachelor's degree in Business, Real Estate, Property Management, or a related field (preferred but not required).
• Minimum of 3-5 years of experience in property management, with a proven track record of overseeing multifamily apartment communities.
• Strong understanding of property management principles, leasing practices, and maintenance operations.
• Excellent communication, interpersonal, and customer service skills.
• Proficiency in YARDI property management software and Microsoft Office Suite.
• Knowledge of local housing laws, fair housing regulations, and property management best practices.
• Demonstrated ability to manage budgets, financial reports, and vendor relationships.
• Strong organizational and problem-solving skills with attention to detail.
• Leadership and team management experience.
• Certification in property management (e.g., Certified Property Manager, Certified Apartment Manager) is a plus.

Physical Requirements:

• Frequent bending stooping and reaching in all directions
• Repetitive use of hands and fingers entering data using a keyboard
• Standing for extended periods of time
• Walking for extended periods of time checking units
• Must be able to lift up to 25lbs.