Property Manager (Residential) jobs in United States
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CIM Group · 9 hours ago

Property Manager (Residential)

CIM Group is a community-focused real estate and infrastructure owner, operator, lender, and developer. They are seeking a Residential Property Manager responsible for the day-to-day management and operations of the property, ensuring high levels of resident satisfaction and achieving financial goals.

Asset ManagementCommercial Real EstateFinanceFinancial ServicesProperty DevelopmentProperty Management
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H1B Sponsor Likelynote

Responsibilities

Confirm building amenity pricing is accurate by shopping property’s defined competition and using mystery shoppers and/or other market research firms
Approve rents and concessions on available apartment homes based on market conditions, availability, and leasing strategy for the property
Work closely with resident services and leasing teams to ensure all renewals and new leases meet or exceed approved pricing strategy
Ensure marketing plans are achieving desired results and align with revenue and leasing goals. Follow property software reporting and make recommendations as needed to maintain targeted prospects, tours, and executed leasing goal
Ensure all residential leases are executed in accordance with CIM’s Standard Operating Procedures (SOP). Review ongoing and monthly to validate the accuracy of the property’s (a) rent roll, (b) occupancy status, (c) lease charges, (d) lessee’s match actual resident’s name, and (e) term
Ensure lease terms are correct before all residential leases are executed by any resident and accept no resident’s changes to the CIM Group lease form without prior corporate approval. All supporting Addendums must also be executed by the residents as set forth by each property’s standardized lease form
Create and approve social media content for property’s on-site events and local neighborhood news and respond to questions and comments on the property’s social media channels
Track rent collection to ensure timely payment and to avoid excessive delinquent rent balances so that the property is no more than 30 days behind on any residential lease unless there’s a pending eviction
Create and deliver timely and accurate annual budgets and monthly variance analysis reports. Work closely with the property team to achieve all targeted leasing objectives, operating expenses, and year-end NOI for each property
Report on property’s financial performance each month and provide explanation for the variances
Ensure all building operating systems such as elevators, boilers, central plant cooling systems are (as required) placed on an approved preventive maintenance agreement
Responsible for knowing and understanding the market of assigned property’s comp set. Keep informed about new development or redevelopments within the market and be able to discuss how these will impact CIM’s residential properties. Build relationships with local businesses or organizations to gain additional market information
Work closely with the Maintenance Supervisor to create a monthly preventive maintenance calendar with the goal to use on-site maintenance technicians to maintain or complete most of the preventive maintenance work
Monitor and control the property’s expenditures in accordance with the approved budget and SOP’s. Ability to provide recommendations for expense efficiencies and capital work as needed
Inspect the property on a daily/weekly basis to ensure the overall appearance, exterior lighting condition, cleanliness and maintenance of the property’s common areas and units
Assign and delegate tasks to ensure timely completion of turnover repairs, leasing initiatives, preventive maintenance tasks, and leases being entered into Yardi
Establish standardized management practices for (i) emergencies, (ii) evictions, (iii) energy management, and (iv) resident issues or complaints in accordance with stated SOP’s and CIM Group policies
Adhere to all local agency’s rent control or similar governmental agencies (as required) policies as well as Federal Fair Housing Act to avoid any discrimination or legal issues
Work with in-house or outside legal counsel on legal matters
Stay current on the changing Landlord-Resident Laws
Maintain a first-class management office with digitized leasing files, vendor files, building files and others as may be required. Ensure the management office is staffed appropriately and that the property is operating in the most productive and efficient manner
Provide inspired leadership to your team while implementing plans and creating a collaborative and engaging work environment with focus on training, coaching, and mentoring. Provide all the tools and training to empower employees to think creatively and make informative business decisions
Be able to provide operating expense and/or market rent analysis for new developments or acquisitions as required using comparable property unit pricing for administration, repairs and maintenance, janitorial, contracted services, utilities, bad debt, marketing expenses, and payroll. Become a market expert and be able to coach the team in differentiating CIM’s properties and management of properties and what sets them apart from the competition
Bid, award, and create service contracts as per CIM requirements
Manage capital improvement projects
Evaluate service providers and contractors and hire the best company for the job
Exhibit a confident, professional demeanor when interacting with visitors, residents, vendors, investors, and CIM personnel
Demonstrate commitment to a work schedule that ensures timely completion of all responsibilities
Must be detailed oriented, well organized, and be able to meet the expectations of the organization
Supervise on-site staff including administrative support employee(s), maintenance team, leasing team, security, parking attendants, and other vendors as needed. Plan, organize, and manage employee focused activities including, but not limited to: Compliance with all applicable employment laws as well as CIM Group employment policies and procedures
Facilitate employee development and training opportunities that promote maximum productivity and position the employee for increased responsibilities and job growth
Provide at a minimum an annual performance review, offering feedback/counseling along with, as required, appropriate on-site job training and be able to address job performance deficiencies
Responsible for coordinating leasing coverage all days of the week including weekends
Responsible for performing all other duties, tasks, and responsibilities as assigned by your supervisor

Qualification

Residential Property ManagementBudget ManagementFinancial ReportingYardi SoftwareGeneral Accounting PracticesLeadership SkillsMultitaskingMathematical SkillsMS Office ProficiencyCustomer ServiceCommunication SkillsProblem SolvingOrganization Skills

Required

Bachelor's Degree or equivalent experience
Knowledgeable of general accounting practices, accrual-based accounting, and reserving for bad debt
Five years prior experience working in a residential property manager capacity
Must possess a valid state-issued driver's license

Preferred

Brokerage License or Real Estate Salesperson License preferred; or willingness to receive license within first 90 days of employment

Benefits

A variety of Medical, dental, and vision benefit plans
Health Savings Account with a generous employer contribution
Company paid life and disability insurance
401(k) savings plan, with company match
Comprehensive paid time off, including: vacation days, 10 designated holidays, sick time, and bereavement leave
Up to 16 hours of volunteer time off
Up to 16 weeks of Paid Parental Leave
Ongoing professional development programs
Wellness program, including monthly and quarterly prizes
And more!

Company

CIM Group

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CIM is a community-focused real estate and infrastructure owner, operator, lender and developer.

H1B Sponsorship

CIM Group has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (3)
2023 (9)
2022 (3)
2021 (1)
2020 (3)

Funding

Current Stage
Late Stage
Total Funding
$47.5M
2023-11-27Debt Financing· $47.5M
2021-05-15Undisclosed

Leadership Team

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Bernard Ryan
Managing Director, Head of Insurance Solutions
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Company data provided by crunchbase