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Property Manager

2 months ago

Saint Paul, United States Sherman Associates Full time
Job DescriptionJob Description

Be a part of something great and find yourself At Home, At Sherman As a member of Sherman, we invite you to join our mission of building communities, enriching neighborhoods, and empowering people.

If you are passionate about helping others, knowledgeable of real estate management, and have lease-up experience, we have the right opportunity for you At Sherman, we pride ourselves on hiring resident-focused and skilled property management talent who strive to lead community operations. We believe we can offer a challenging, fast-paced and rewarding experience that is unique to supporting our mission, vision, and values.

Where will this role work?

  • Landmark Tower delivers 187upscale apartment homes to downtown St. Paul, anticipated to open early 2025.As a public-private partnership with the City of St. Paul, this developmentaligns with the City's vision to enhance the residential tax base and fostervibrant, 24/7 downtown activity. Landmark Tower offers iconic 360-degreetowering views, skyway accessibility directly connected to The Saint PaulHotel, and walkability to arts, entertainment, fine dining, Rice Park, and theMississippi River. This project combines modern refinement with high-endstandards, honoring the historical significance of this storied site.

ESSENTIAL FUNCTION

Property Management

  • Takes ownership and acts as the company's primary coordinator to assure that the company's goals fully meet and to exceed contractual property management obligations.
  • Directs the day-to-day activities of resident and tenant relations, safety/security, maintenance, marketing, landscaping, inspections, snow removal, and other operations.
  • Walks property at regular intervals to ensure property rules are being followed and that the property is clean and orderly and in good maintenance condition.
  • Works on the last day and first day of each month until responsibilities completed; some overtime may be required.
  • Performs other tasks & duties as assigned based on business need.

Leasing

  • This is a lease-up property, experience in lease-ups is preferred.
  • Shops comparable projects in the marketplace monthly.
  • Makes appointments, shows apartments, screens applicants, and verifies applications for completion.

Compliance

  • Meets Company benchmarks for occupancy, rent collections and timely compliance paperwork.
  • Maintain complete and accurate property files and records, according to department systems, with an emphasis on documentation for future reference.
  • Coordinates with Corporate support staff on management company procedures for processing and distributing information.
  • Prepares all resident files to include all preparatory paperwork; prepares all move-out materials.
  • Ensures compliance with state, federal and local housing laws.
  • Complies with all Sherman Associates, agency and city compliance requirements.
  • Assists with subsidy administration in accordance with HUD rules and regulations.

Financial

  • Engages, contracts, supervises and approves invoices for all goods/services required to maintain the assigned properties up to company and owner standards.
  • Develops operating income/expense budgets and capital budgets that reflect the owner's objectives for operating the property, cash flow requirements and leasing strategy. Prepares this data to be used as an ongoing accounting reporting tool. Further accountability includes administration of budgets, operational review and analysis of corrective action needed. Recommends and implements programs that contribute to center profitability.
  • Analyzes and distributes financial statements including operating variances from budget, cash management and strategies for collection of receivables.
  • Coordinates collection and documentation of all revenues following lease obligations of residents/tenants and the owner's policy on accounts receivable. Collects delinquent accounts promptly. Communicates with accounting department to ensure accuracy of rent roll and accounts receivable.

Supervisory Responsibility

  • As applicable, supervises, coaches, directs, trains and evaluates staff; Prepares and conducts employee reviews and completes timecard approvals.
  • Supervises on-site maintenance, if utilized at assigned properties. Develops specifications and continually evaluates service needs and performance in all areas of maintenance and management. Forecasts and manages replacement of major capital expense items including HVAC system, roof systems, parking lot surfaces, etc.


    • 2-5 years of industry experience within residential real estate; or an equivalent number of years of education and real estate management experience.
    • CRM, CAM, COS, or other related professional certification preferred.
    • Proven track record of success in overseeing a portfolio of 100+ residential units strongly preferred.
    • Excellent verbal, written and presentation skills; Ability to communicate effectively with community tenants, vendors / external parties, and across corporate divisions.
    • Understanding of Affordable Housing Programs (HUD / MFHA Programs) strongly preferred.
    • As applicable, must possess a valid driver's license, reliable vehicle with insurance and safe DMV driving record.
      • A passion for the mission, vision, and values of Sherman Associates.
    • Knowledge of Real Page or other related Property Management software (Yardi, Lead2Lease, OneSite Accounting, etc.) strongly preferred.
    • Office hours may vary due to the specific needs of the portfolio.

    WORK ENVIRONMENT

    • This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.
    • Exposed to ambient room temperatures, lighting and traditional office equipment found in a typical office environment, quiet to moderate noise level.

    PHYSICAL REQUIREMENTS

    • 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.
    • While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms.

Sherman Associates is an Equal Opportunity and Affirmative Action Employer. We encourage women, minorities, individuals with disabilities, and protected veterans to apply.

This job advertisement is intended to provide information essential to understanding the scope of the position. It is not an exhaustive list of skills, duties, responsibilities or working conditions associated with the position.

Only applicants who complete our online application process will be considered for employment. Applicants that need reasonable accommodations to complete the application process may contact careers@sherman-associates.com

--

Be a part of something great and find yourself At Home, At Sherman As a member of Sherman, we invite you to join our mission of Building Communities, Enriching Neighborhoods. You can make an immediate impact supporting our real estate development and management operations in hotels, residential, and retail.

Who Are We? Sherman Associates is an award-winning real estate development firm specializing in the design, construction and financing of quality commercial, hospitality, and residential housing across the Midwest. With over 40 years of visionary development experience, our portfolio includes over 8,500 units of multifamily residential housing, 600,000 square feet commercial space, and franchise hotels & retail operations; including Aloft Minneapolis, Canopy by Hilton Minneapolis Mill District, Holiday Inn Express & Suites Downtown Des Moines, Sheraton Duluth Hotel, and Starbucks.



Benefits:

MINIMUM REQUIREMENTS:

  • 2-5 years of industry experience within residential real estate; or an equivalent number of years of education and real estate management experience.
  • CRM, CAM, COS, or other related professional certification preferred.
  • Proven track record of success in overseeing a portfolio of 100+ residential units strongly preferred.
  • Excellent verbal, written and presentation skills; Ability to communicate effectively with community tenants, vendors / external parties, and across corporate divisions.
  • Knowledge of Real Page or other related Property Management software (Yardi, Lead2Lease, OneSite Accounting, etc.) strongly preferred.
  • Lease up experience, strongly preferred.
  • As applicable, must possess a valid driver’s license, reliable vehicle with insurance and safe DMV driving record.
  • A passion for the mission, vision, and values of Sherman Associates.
  • Office hours may vary due to the specific needs of the portfolio
  • Working knowledge of federally assisted housing regulations.
  • Solid track record of successful financial property performance.

BENEFITS:

Sherman Associates strives to lead the market in the benefits we offer. The benefits that set us apart for our part-time team members include:

  • Fully paid short term disability
  • Fully paid life insurance
  • Fully paid employee assistance program
  • Fully vested 401k company match program
  • 9 Paid holidays
  • Starbucks and Hotel discounts
  • Charitable giving strategy with corporate match