Ridgewood, NJ
Salary Estimate: $75,000.00 - $99,999.00
Employment Type: Full Time
Work Place: Office
Experience Required: 2+ to 5 years
Education Required: N/A
Job Description
Property Manager
K Group is a premier real estate investment and development firm with over 40 years of combined experience in acquiring, managing and repositioning multifamily and industrial assets to create long-term value. We take an institutional approach to investment, combining rigorous financial analysis, strategic asset management and disciplined capital deployment to generate superior risk-adjusted returns. We are actively expanding our multifamily portfolio across the eastern United States with an emphasis on value-add multifamily properties.
We are seeking a dedicated Property Manager to join our team and play a key role in the growth of our real estate portfolio. The ideal candidate will be detail-oriented, self-motivated and capable of managing multiple tasks in a fast-paced environment with a positive, can-do attitude. This role offers significant growth potential for someone eager to grow alongside our firm and contribute to the expansion of our portfolio.
Responsibilities:
- Oversee the day-to-day operations of a portfolio of multifamily properties, ensuring they run efficiently and meet performance goals
- Lease apartments on prevailing market terms (new leases and renewals), meeting with prospective residents to show properties, receive and process rental applications, and facilitate signing of lease agreements
- Assess market rents based on market data and presents rate opportunities to upper management for approval
- Develop and implement strategies to increase occupancy and reduce vacancies
- Manage tenant relations, including lease renewals, addressing concerns and maintaining high tenant satisfaction
- Supervise property maintenance and repairs to ensure all units and common areas are in top condition
- Monitor rent collection and enforce lease agreements as necessary
- Prepare budgets, track expenses and analyze financial performance of properties
- Ensure compliance with local laws and regulations regarding property management and landlord-tenant relations
- Coordinate and oversee vendor and contractor services
Qualifications:
- Proven experience as a Property Manager, specifically in multifamily housing
- Strong knowledge of property management software (e.g., Yardi, AppFolio, or similar platforms)
- Excellent communication and interpersonal skills
- Ability to manage multiple priorities and deadlines effectively
- Knowledge of property maintenance and repair practices
- Familiarity with local landlord-tenant laws and regulations
- Bachelor’s degree in business, real estate, or a related field is preferred but not required
- A proactive and solution-oriented approach to challenges
What We Offer:
- Competitive salary commensurate with experience
- Health benefits
- Paid time off and holidays
- Opportunities for professional growth and development
- The chance to work with a passionate and supportive team
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Boston, MA
Post Date: 01/13/2025
Expires: 02/27/2025
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