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Be a part of something great and find yourself At Home, At Sherman! Our commitment to people and our vision for the future, combined with our history of success spanning decades, makes Sherman Associates who we are. We have become an industry leader by fulfilling our mission of Building Communities, Enriching Neighborhoods, and Empowering People.

As a Property Manager, you will be accountable for leading the daily operations of the assigned portfolio of real estate by coordinating the operational activities, leasing and marketing along with a strong focus on customer service and community relations.

Work Location

This position supports our O2 Luxury Tower, a 22-story mixed-use development with 240 luxury market-rate apartment homes in the Mill District neighborhood of Minneapolis. This property is a lease up.

Parking is free for all onsite property staff members.

Schedule & Hours:

• The schedule for this role will be Monday - Friday; 8 AM - 5 PM.

ESSENTIAL FUNCTIONS

• Takes ownership and acts as the company's primary coordinator to assure that the company's goals fully meet and to exceed contractual property management obligations.
• Directs the day-to-day activities of resident and tenant relations, safety/security, maintenance, marketing, landscaping, inspections, snow removal, and other operations.
• Walks property at regular intervals to ensure property rules are being followed and that the property is clean and orderly and in good maintenance condition.
• Works on the last day and first day of each month until responsibilities completed; some overtime may be required.
• Performs other tasks & duties as assigned based on business need.
• Shops comparable projects in the marketplace monthly.
• Makes appointments, shows apartments, screens applicants, and verifies applications for completion.
• Meets company benchmarks for occupancy, rent collections and timely compliance paperwork.
• Maintain complete and accurate property files and records, according to department systems, with an emphasis on documentation for future reference.
• Coordinates with corporate support staff on management company procedures for processing and distributing information.
• Prepares all resident files to include all preparatory paperwork; prepares all move-out materials.
• Ensures compliance with state, federal and local housing laws.
• Complies with all Sherman Associates, agency, and city compliance requirements.
• Assists with subsidy administration in accordance with HUD rules and regulations.
• Engages, contracts, supervises, and approves invoices for all goods/services required to maintain the assigned properties up to company and owner standards.
• Develops operating income/expense budgets and capital budgets that reflect the owner's objectives for operating the property, cash flow requirements and leasing strategy. Prepares this data to be used as an ongoing accounting reporting tool. Further accountability includes administration of budgets, operational review and analysis of corrective action needed. Recommends and implements programs that contribute to center profitability.
• Analyzes and distributes financial statements including operating variances from budget, cash management and strategies for collection of receivables.
• Coordinates collection and documentation of all revenues following lease obligations of residents/tenants and the owner's policy on accounts receivable. Collects delinquent accounts promptly. Communicates with accounting department to ensure accuracy of rent roll and accounts receivable.
• Produces required volume of work by planning, organizing, and prioritizing work duties.
• Works designated schedule and adheres to Sherman Associates attendance policy. Follows grooming and appearance standards, general work rules, and all policies/procedures.
• Maintains a clean and safe work environment and follows all safety and emergency procedures.
• Attends all required meetings and training sessions, including travel to corporate headquarters as needed.
• Maintains customer service and excellent relations with residents, resident cooperatives, commercial tenants, outside agencies or vendors and organizations.
• Works as a team player and interacts with all internal and external customers in a friendly/efficient manner.
• Keeps management always informed in the areas of:
  • Resident/tenant complaints
  • Suggestions for improvement of property performance
  • Status of vacancies/projected occupancy
  • Cash flow situation
  • Any legal actions
  • Performance of assigned staff
  • Property conditions that could necessitate action by senior leadership.
  • Potential property liabilities or hazards

Supervisory Responsibility

• As applicable, supervises, coaches, directs, trains, and evaluates staff; Prepares and conducts employee reviews and completes timecard approvals.
• Responsible for carrying out all recruitment and hiring efforts in partnership with human resources and management.
• Supervises on-site maintenance, if utilized at assigned properties. Develops specifications and continually evaluates service needs and performance in all areas of maintenance and management. Forecasts and manages replacement of major capital expense items including HVAC system, roof systems, parking lot surfaces, etc.