Property Manager
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Property ManagerYellow Tree, an award-winning Minneapolis-based real estate firm, is hiring a Property Manager for a Class-A, new construction, market-rate community in Inver Grove Heights, MN. In this role, you'll oversee day-to-day operations and lead efforts to lease up and stabilize the property. You'll collaborate with leasing, marketing, and maintenance teams to ensure a high-performing, service-driven community experience. Your focus is to drive results, support your team, and deliver exceptional service to residents. The ideal candidate brings strong property management experience, especially in lease-ups, and is comfortable using modern tech tools to manage operations efficiently. At Yellow Tree, our Property Managers are strategic leaders who foster teamwork, maintain high standards, and contribute to our mission of transforming communities. Our culture is rooted in trust, transparency, and teamwork, with a deep commitment to both our integrity and the residents we serve. If you're looking to grow your career with a nimble, purpose-driven team, we'd love to hear from you.
Position
Requirements:
3+ years' experience with multi-family Property Management, preferably in Class A, Luxury and New Construction. This is a perfect role for a seasoned Property Manager looking to expand their career. Leasing experience required, lease-up experience preferred.
Position Summary: We are seeking a Property Manager who will oversee and manage the day-to-day operations of our brand-new property in Inver Grove Heights, MN. You will work collectively with the Leasing & Marketing Manager and the Portfolio Manager to identify operational goals, guide staff members, and develop strategic plans for leasing up and stabilizing the property. This is not an entry level role.
Salary:
Competitive Base Salary, Property Management Bonus, Generous commission structure for new and renewal leaseBenefits: Medical/Dental/Vision, 401K (with company match), HSA (with company contribution), Company paid Life Insurance, Company paid long-term disability, 3-weeks PTO & 10 paid holidays: New Years Day, Good Friday, Memorial Day, Juneteenth, Independence Day, Labor Day, Thanksgiving, Black Friday, Christmas Eve & Christmas Day, Professional development, Cell phone reimbursement, Rent discount*Essential Functions:General OperationsProperty and grounds walks expected regularly to ensure compliance, appearance, and safety standards are being met.
Oversee all operations of the property including maintenance, lease administration, budgets, forecasting, reporting, collections, evictions, anticipated vacancies, marketing, leasing & lease renewals, service contracts & renewals, cost control and revenue improvement programs, capital improvement projects and other operations functions.
Responsible for property financial performance and managing key business metrics (market comp analysis, NOI, resident retention, occupancy, etc.).
Must demonstrate the ability to understand financial goals and assist in the formulation, implementation and management of annual budgets.
Actively maintain and report monthly variances and narratives.
Regularly communicate with corporate leadership, residents and ownership.
Customer ServiceAddress resident complaints, concerns and requests appropriately.
Provide outstanding customer service and communication to the residents to enhance customer satisfaction thereby reducing apartment turnover and increasing revenue, reputation and overall profitability for the owner.
Create and maintain a positive living experience for all residents through prompt conflict resolution and consistent follow-up.
Marketing & LeasingComplete in-depth analysis of sub-market monthly, to ensure your full understanding of market drivers.
Create and implement marketing initiatives that help drive revenue.
Strategize leasing efforts to fill vacancies and pre-lease for future vacancies to adhere to forecasted goals.
SupervisionLead by example and help develop other team members.
Supervise the day-to-day operations of site-team members.
Provide leadership, mentoring, coaching and guidance as needed for other team members to create a cohesive team.
Partner with maintenance staff to ensure a safe and well-maintained community.
Personal Attributes:Organized and detail orientedHigh energyInnovativeDemonstrated leadership and strategic thinking skillsResults focusedWarm, friendly and service orientedExtremely flexible with the ability to adapt to changeAbility to multi-taskSuperior written, verbal and oral communication skillsHigh degree of computer literacyPeople orientedCustomer service drivenTeam playerExperience &
Skills:
A minimum of three years multi-family property management; ideally managing lease-ups and/or Class A buildings.
Knowledge of Fair Housing regulations.
Computer proficiency including Microsoft Word, Outlook, Excel and the ability to learn property management applications.
Entrata property management software knowledge (preferred).
Reliable personal transpor