Progressive Management is seeking a seasoned Director of Property Management (DPM) with significant operations experience in affordable housing to oversee the day to day operations of a portfolio consisting of subsidized and LIHTC affordable properties located within the New York City Metropolitan Area.
LEADERSHIP AND MANAGEMENT
The DPM reports to the Principals of the Arker Companies and is a member of the leadership team. The DPM supports the property management staff in the accomplishment of their goals and objectives though the application of proven real estate expertise. He/she is responsible for following all company policies and procedures and maintains a constructive and highly interactive relationship with all Property Management Departments to ensure the successful operation of the properties under management; including but not limited to: Compliance and Leasing, Collections, Rent Administration, Legal, Physical Maintenance, Purchasing, Accounting and Human Resources on employment related issues.
Primary Duties and Responsibilities:
Assists in the establishment and implementation of Company organizational strategies, goals and objectives to ensure efficient operations.
Provides guidance and motivates department managers to obtain results, both at the property level and at the management office.
Evaluates management staff, counsels and recommends areas for improvement.
Makes annual salary recommendations based on overall performance ratings for staff
Ensures that all employee training needs are assessed, and necessary training programs are designed and implemented to meet staff requirements.
Be aware of all material property management issues.
Responsible for ensuring through continuous periodic property visits/property inspections and regular review meetings exceptional portfolio performance.
Assist in the review and negotiation of all annual maintenance and service contracts and proposals for major capital expenditures.
Direct staff in preparing for reviews by regulatory agencies, lenders and investors in preparation for these inspections.
Review responses to findings or citations and ensure they are submitted to the agencies on time.
· Ensure that teams comply with current applicable landlord-tenant law and fair housing law including reasonable accommodation procedures and policy.
Conveys essential information concisely and in a timely manner throughout the organization, as appropriate.
Assists the Development team in coordinating functions involving the purchase of properties by providing feedback on important due diligence items along with the successful transition of new acquisitions within the portfolio.
Oversees the development and implementation of specific leasing and marketing plans for each property undergoing lease-up and strategies for handling ongoing vacancies.
Work with utility saving vendors to evaluate and monitor portfolio wide utility usage to provide opportunities for savings.
Work closely with the Accounting team to develop the annual budgets for the individual properties.
Create, refine and implement operational policies and procedures.
Work with site staff to address resident complaints.
Property Management experience in affordable housing preferred with experience supervising site teams of Section 8 and/or LIHTC properties.
Knowledge of Section 42 low-income housing tax credit, HUD, and similar housing programs.
Bachelor’s degree in management/finance or equivalent industry experience.
Demonstrated leadership skills
This position requires strong written, oral and reading and communication skills to accurately obtain, interpret and transcribe complex programs at all levels of the organization.
Strong computer skills and experience with Yardi, or other industry software applications.
Salary commensurate with qualifications and experience. Benefits include health, dental, long term disability and life insurance. Progressive Management has offices throughout NYC Metropolitan Area with headquarters in Roslyn, NY
About The Arker Companies
Real Estate Management Company with specialty in affordable housing located in NYC Metropolitan Area
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