What are the responsibilities and job description for the Property Manager position at TI ASSET MANAGEMENT INC?
The Property Manager at TI Asset Management is responsible for overseeing the operational, financial, and physical performance of a chosen multifamily property. This leadership role ensures the property meets company standards for profitability, resident satisfaction, regulatory compliance, and asset preservation. The Property Manager acts as a key liaison between ownership, residents, and third-party vendors.
Key Responsibilities:
- Oversee the day-to-day operations of property, ensuring adherence to TI Asset Management’s standards and policies.
- Develop, manage, and monitor property budgets
- Foster positive tenant relationships, address resident concerns promptly, and implement retention programs to minimize turnover and vacancies.
- Complete leadership training, ensuring high team morale and professional development.
- Collaborate with leasing and marketing teams to maximize occupancy and rental income through effective strategies and market analysis.
- Ensure compliance with all relevant laws, codes, and regulatory requirements, including affordable housing programs where applicable.
- Oversee vendor contracts, maintenance programs, and capital projects, ensuring quality and cost-effectiveness.
- Prepare and present regular performance reports to senior management, including financial metrics, market trends, and operational updates.
- Stay current on market trends, regulatory changes, and industry best practices to position assets competitively within their submarkets.
- Respond to property emergencies and support crisis management as needed.
Compensation & Benefits:
- Competitive base salary, commensurate with experience and location.
- Comprehensive benefits package including health, dental, vision, 401(k), paid time off, and professional development opportunities.
About TI Asset Management:
TI Asset Management, Inc. manages a diverse portfolio of thousands of units, including conventional and rent-restricted multifamily, office, and retail properties. The company is committed to delivering high-quality, equitable housing and innovative community service programs to stabilize and enhance the value of its communities.
TI Asset Management is an Equal Opportunity Employer and values diversity at all levels of the organization
Qualifications:Job Qualifications:
- Bachelor’s degree in Business, Real Estate, or related field preferred; advanced degree a plus.
- Substantial experience in property management, including supervisory responsibilities.
- Demonstrated expertise in financial analysis, budgeting, and property operations.
- Strong leadership, communication, and team-building skills.
- Proficiency in property management software
- In-depth knowledge of relevant real estate laws, regulations, and compliance requirements.
- Real Estate license and/or industry certifications (such as CPM, CAPS, CAM) preferred.