What are the responsibilities and job description for the Property Manager position at Pennrose?
The Property Manager (“PM”) will have broad and in-depth general management responsibilities at their assigned apartment development(s).
The PM will supervise a site team consisting of administrative, supportive services and maintenance personnel at levels consistent with property resources. In some instances, the PM may be solely responsible for administrative tasks and may also perform supportive service tasks.
The PM will ensure their assigned apartment development(s) meets all financial goals as identified in the annual budget. The PM will relentlessly pursue full occupancy / collection of rent and optimize rental income following program requirements / market conditions thus being a responsible steward for the success of each property.
The PM will also ensure that all compliance covenants and supportive service requirements are consistently met and that all maintenance tasks are managed professionally, while maintaining a safe work environment. The PM will ensure the integrity of all financial and operations data /systems.
The PM will provide excellent customer service to residents thus encouraging long-term retention.
As site leader the PM will demonstrate professional leadership and will support the development and training of those supervised, and will diligently pursue their own professional development by fully utilizing the Pennrose Academy.
The PM will report to a Regional Property Manager.
Pay range: $76,000 - $80,000/year depending on experience.
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- Effectively manage rent increases, rent collections and the eviction process
- Consistently market the property to high standards, optimize curb appeal and successfully convert applicant traffic / waitlists to successful residency while meeting all Fair Housing requirements
- Understand all aspects of the affordable housing / market rate program features of the assigned property – optimize the financial and operational performance of the property within this construct
- Proactively manage housing partner subsidy programs /relationships
- Manage accounts receivable, accounts payable and cash to meet all obligations timely
- Monitor utility consumption and related expense – optimize the use of NWP system and responses
- Inspect the property daily – attend to maintenance needs and conditions being mindful of safety
- Provide meaningful input to the capital planning process, budget process and examine expenditures for cost savings and efficiencies – share best practices with colleagues
- Ensure team members are on-boarded effectively, trained, motivated and equipped to be successful stewards of the properties
- Work orders, preventive maintenance, apartment turns and the leasing of vacant apartment units-– all to be done within company policy timeframes
- Process re-certifications, build / manage credible waiting lists for each unit type – anticipate issues impacting occupancy and financial performance – meet deadlines – work proactively
- Own all aspects related to your apartment development
- Teach staff about customer service, professionalism, safe work practices, effective property inspections, vendor management
Salary : $76,000 - $80,000