Property Manager

Job Title: Property Manager, Affordable Multifamily (Prop 123 Lease-Up)

Company Overview

ComCap Management is a leading property management firm based in Colorado, specializing in the management of affordable and senior housing communities. Our mission is to provide high-quality living environments while ensuring compliance with all regulatory requirements. We are committed to fostering a supportive community for our residents and maintaining the highest standards of property management.

Job Description

This is a full-time, on-site role for a Property Manager overseeing the lease-up and stabilization of a new Prop 123 affordable multifamily community managed by ComCap Management. The Property Manager will lead all day-to-day operations, including leasing, compliance, resident relations, maintenance coordination, and marketing strategies to achieve full occupancy and long-term operational success. This role reports directly to the Regional Manager.

Key Responsibilities

• Oversee application processing, income qualification, and move‐in coordination in alignment with Prop 123 program requirements, while leading all lease‐up activities to ensure timely absorption, accurate documentation, and full compliance with Prop 123 rules, AMI rent limits, Fair Housing, ADA, and all applicable local, state, and federal housing regulations.
• Implement marketing, outreach, and follow-up strategies to attract qualified applicants across AMI bands (70%–100%).
• Maintain real-time reporting on leasing velocity, traffic, conversions, and occupancy trends.
• Oversee daily operations of the property, including leasing, maintenance, and resident relations.
• Develop and implement property management procedures to enhance operational efficiency and team performance.
• Manage and mentor onsite staff to ensure alignment with company standards and regulatory requirements, while conducting regular team meetings, performance evaluations, and corrective actions as needed.
• Collaborate closely with the in-house compliance team to ensure applications, recertifications, and annual reports are completed accurately and on time.
• Maintain organized, audit-ready files and documentation throughout the lease-up and stabilization phases.
• Manage budgets, financial reporting, and expense control to meet financial goals, while overseeing rent collection, delinquency management, ledger accuracy, and deposit reconciliation to ensure strong and compliant financial performance.
• Prepare and submit weekly, monthly, and quarterly reports for owners and senior leadership regarding property performance, leasing progress, and resident feedback.
• Foster positive relationships with residents through communication, conflict resolution, and consistent policy enforcement, addressing concerns promptly and professionally to maintain high satisfaction and retention.
  Qualifications
• Minimum of 4 years of multifamily property management experience, including familiarity with Fair Housing laws and regulations.
• Minimum of 3 years of LIHTC or affordable housing experience, with strong knowledge of compliance processes and regulations.
• Proven track record of effectively managing teams of two or more staff toward completion of goals and priorities.
• Strong knowledge of property management and financial reporting software such as RealPage OneSite or similar tools.
• Strong understanding of leasing processes, marketing strategies, and CRM systems (Anyone Home experience is a plus).
• Excellent communication, leadership, and interpersonal skills.
• Ability to manage multiple tasks and prioritize effectively in a fast-paced lease-up environment.
• Certification in property management (e.g., CAM, CPM) is a plus.
  Benefits Offered
• Medical, Dental, and Vision Insurance
• 401K with Corporate Matching
• Life Insurance
• Paid Holiday, Sick, and Vacation Time
  Why Join Us?
  At ComCap Management, we value our employees and offer competitive salaries, comprehensive benefits, and opportunities for professional growth. If you are passionate about providing a high-quality and affordable living environment to Coloradans—and excited to lead a Prop 123 lease-up—we encourage you to apply.