Property Manager - Residential/Multifamily

Description

About Graceada Partners

Graceada Partners is a Modesto, CA based real estate private equity firm focused on institutionalizing value-add investing in secondary & tertiary markets. Our growing team demonstrates a culture of honesty, integrity, extreme ownership, positivity, humility, and excellence in everything we do.

About the Job

The Property Manager is responsible for all operations of the residential apartment community. The Property Manager manages to owners’ objectives as described in the management plan and operating budget with the primary objectives of increasing the net operating income of the property, maintaining the physical asset, providing for a quality living environment for residents and establishing a positive, productive working relationship with the property staff. The Property Manager performs the following duties personally or through subordinate supervisors and employees.

Responsibilities

• Monitors and directs rental activity.
• Designs and implements all direct on-site marketing.
• Maintains an ongoing, in-depth knowledge of the associated market.
• Prepares rental agreements for residents and ensures the collection of specified rents.
• Responsible for and directs bookkeeping functions of receivables and payables.
• Responsible for occupancy management, production and management of appropriate revenue growth, timely rent collection, policy and procedure compliance and the property’s financial performance, as established in the annual operating budget.
• Responsible for monitoring and directing of property maintenance operations. Arranges for alterations, or maintenance, upkeep or reconditioning of property as specified in management services agreement, ensuring compliance with company standards, including the monthly safety program.
• Responsible for assisting in long range planning for the property, and the performance risk management functions on the property, by maintaining a current and accurate assessment of the properties physical plant and operations.
• Responsible for the monitoring and property compliance with all Fair Housing Regulations, and compliance with local ordinances and laws, as they relate to company or property specific guidelines in occupancy standards, always demonstrating firm, fair and consistent administration of all legal and company policies and practices.
• Employs and contracts for services of all vended services and on-site personnel as required.
• Purchases supplies and equipment for use on property.
• Directs preparation of financial statements and reports on the status of the property such as occupancy rates and dates of expiration of leases. Responsible for monitoring all site administration functions with timely and accurate production of all reporting documentation, including variance reporting.
• Manages vended services per contract specifications, insuring quality, liability, and insurance requirement compliance.
• Prepares periodic inventory of the building contents and property condition.
• Assists with eviction of residents in compliance with court order and directions from attorney and owner.

Requirements

Requirements

• High school diploma or general education degree (GED). 
• A minimum of 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 both verbally and in writing.
• Effectively present information and respond to questions from groups of managers, clients, residents, and the general public.
• Ability to add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions, and decimals.
• Ability to compute rate, ratio, percent, commissions, and work within budgeted guidelines.
• Ability to read, analyze and interpret general business periodicals, professional journals, technical procedures, or governmental guidelines.
• Computer proficient in Windows, MS office, Word, Excel, and Outlook.
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standards exist.

Supervisory Responsibilities

• The Property Manager manages the Assistant Manager, the Leasing staff and employees in the Maintenance Department.
• Responsible for the overall direction, coordination, and evaluation of the Maintenance unit
• Directly supervises all on-site employees.
• Carries out supervisory responsibilities in accordance with the organization’s policies and applicable laws.
• Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance, rewarding, and disciplining employees, address complaints and resolving problems.

Physical Demands

• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• While performing the duties of this job, the employee is regularly required to use hands to finger, handle, or feel; reach with hands and arms; hear and talk. The employee frequently is required to stand, walk, and sit. The employee is occasionally required to climb stairs or a ladder, balance, lift and or move ten pounds.
• Specific vision abilities required by this job include close vision and distance vision.

Work Environment

• The work environment characteristics described here are representative of those and employee encounters while performing the essential functions of this job.
• While performing the duties of this job, the employee is sometimes exposed to outside weather conditions.
• The noise level in the work environment is usually moderate.