Fairstead is seeking a Property Manager to join our world class on-site operations team! In this role, the Property Manager will oversee, plan, and manage the day-to-day operations of properties in their portfolio. The Property Manager is responsible for managing all on-site compliance activities and for the overall performance of the portfolio which includes direct oversight of the marketing program and financial performance.
Ensure adherence to laws relating to leasing, including but not limited to Departments of Housing and Urban Development (HUD), Fair Housing, Americans with Disabilities Act (ADA) and Fair Credit Reporting Act.
Remains compliant and knowledgeable in all aspects of the HUD 4350.3 Handbook.
Develops responses to regulatory agencies in coordination with the Compliance Department.
Implements intervention strategies with Regional Managers and Compliance Department for tenants who are non-compliant with lease/compliance requirements.
Prepares all site REAC reviews, EHS violations cleared, Management and Occupancy Reviews (MOR), Investor Site Reviews, Low-Income Housing Tax Credit (LIHTC) Reviews, and perform annual and interim recertification reviews.
Assisting tenants with requests, questions, problems, and complaints.
Monitors tenant and complex wide arrears and litigation cases.
Attend monthly arrears meeting.
Documents lease violations and coordinate evictions.
Direct collection of monthly rents and late fees, process applications and pursue delinquencies through legal action and eviction. Monitor bad debt write-off.
Alerting staff of move ins, move outs, any emergencies.
Supervises, directs, and monitors the preventive, routine and emergency maintenance/repairs and is compliant with all regulations.
Coordinates vendor bids and contractor quotes.
Conducts and documents unit inspections.
Conduct bi-annual walk throughs with Building Superintendent.
Create reports for review to ensure all buildings under the PM’s responsibility are properly maintained and building needs are appropriately noted, planned for, and addressed.
Attend weekly construction meeting.
Provide and obtain updates on various ongoing construction projects/unit renovations.
Work with construction team on avoiding violations, inspections, necessary access.
Prepare monthly financial cover sheet.
Attend monthly financial catch-up meeting and monitor budgets.
Performs other related duties as required.
To perform the job successfully, the following skills and/or experience is required to qualify for the position.
Three (3) years management experience including supervising a team (property management, hospitality, retail or restaurant management).
COS or CPO certification.
Bachelor's degree preferred.
Flexible, outgoing, authentic and confident personality
Ability to thrive in an informal, yet fast-paced environment
Promoting opportunities in the company and assist in building the team.
Yardi experience preferred.
TCS certification for tax credit properties.
Experience in Affordable Housing
Able to effectively communicate with a range of people and personalities.
Proficient in Microsoft Office Suite.
Demonstrated ability to build relationships with staff members and the community.
Ability to multi-task and meet tight deadlines.
Takes a proactive approach to anticipating and preventing problems. When a problem occurs, define those problems, investigate obstacles, gather relevant information, decide whether solving the problem should be a group decision, generate and analyze alternate solutions and arrive at a workable solution.
Prioritizes tasks and manages time to ensure that deadlines are met. Achieves results within established timelines. Recognizes opportunities and initiates actions to capitalize on them. Looks for new and productive ways to make an impact.
Fairstead is a vertically integrated real estate company specializing in affordable and mixed-income housing. Since 2014, Fairstead has acquired and/or developed more than $7.8 Billion of multifamily property across the country, and today owns a portfolio of 24,000 apartments in 28 states. The company’s comprehensive platform provides hands-on expertise across all multifamily disciplines, including acquisitions, development, design and construction, energy and sustainability, property management and social services.
Fairstead’s primary mission is to provide high quality housing to all regardless of income, and to make our stakeholders feel “Right at Home.” We accomplish this through an empathetic and innovative approach, and by utilizing our interdisciplinary platform as an investor, developer, owner, and operator. Fairstead provides hands-on expertise across all multifamily disciplines, including acquisitions, development, design, construction, energy, sustainability, property management and social services. With a long-term commitment to its residents, communities, and partners, the Fairstead team stands out by:
•Listening to and understanding the needs of its residents, comm...unities, partners, and stakeholders alike
•Developing and preserving high quality affordable housing in an innovative and sustainable fashion
•Creating a positive social and environmental impact within the properties and communities it serves
Fairstead’s Core Values