Responsible for maintaining the integrity of the physical asset(s) and maximizing the returns from the asset(s) in accordance with the Company's mission, vision, and objectives.
Responsible for training and development of all personnel assigned, either directly or through others in a manner that maximizes employee and property performance.
Provide the policies, processes and standards needed for the organization to succeed.
Key Duties & Responsibilities:
The responsibilities listed here are not all-inclusive; rather, they indicate the types of activities normally performed by this position.
Maintaining the physical asset—
Supervises employees and contractors.
Assures adherence to specifications (contractual; operations manual).
Conducts formal site inspections of buildings interior and exterior.
Makes recommendations for physical repairs and/or replacements.
Oversite of capital and renovation projects to ensure quality, best pricing, and contract compliance.
Ensures observance of safety regulations.
Marketing and leasing—
Supervises leasing personnel.
Regularly evaluates market conditions and property comparable.
Implements marketing plan.
Periodically reviews rental applications and lease forms for accuracy and compliance with established policies and procedures.
Makes recommendations to improve marketing and leasing programs to keep vacancies at a minimum.
Brand management for all properties and the Company
Rent management—
Supervises rent collection in accordance with policies and procedures manual.
Monitor and enforce collection of receivables to minimize delinquency.
Approves and monitors rental rate recommendations for new leases and renewals based on current market information.
Financial reporting and control—
Reviews and helps develop annual property management plan and operating budget.
Reviews all monthly financial reports.
Approves payments (payroll, invoices).
Approves expenditures in accordance with Company policy and procedures.
Administration—
Handles employee selection, training, and control, and assures that all supervised employees comply with the appropriate policies and procedures.
Interfaces with outside professionals regarding legal, accounting, insurance, tax, and other matters, as appropriate.
Ensures property files and records are maintained.
Continually improves management and technical skills.
Assist with development and implementation of new policies and procedures to create efficiency.
Spends agreed-upon percentage of time on obtaining market knowledge, community relations, and asset evaluation.
Assist ownership with developing and meeting company directives as needed.
Competencies:
Leadership – Able to lead and motivate others, provide direction and guidance.
Teamwork and Cooperation: Readily shares information, knowledge, and personal strengths. Seeks to understand and build on differing perspectives of others to enhance team efficiency and quality outcomes.
Attention to Detail – Keep operational and other costs within budget, preserve and enhance the physical value and prestige of property.
Commitment to Training – Pursues learning opportunities to further develop self and others. Participates in formal options such as courses, workshops or webinars, as well as informal approaches such as podcasts, reading articles or joining communities.
Standard Operating Procedures – Reduce errors, increase efficiencies and profitability. Create a safe work environment and producing guidance for how to resolve issues and obstacles.
Financial Stewardship – Budgeting and basic accounting
Work Environment: On property, At Corporate office. Traditional work environment, Comfortable.
Physical Demands: Sitting,20% Standing,20% Walking, 20% lifting,15% carrying, 15%reaching,15% driving,20% push 15% or pulling 10% throughout each day.
Required Education and Experience:
Minimum of four years property management experience. (Preferred)
College degree (Preferred)
Strong leadership and motivational abilities.
Exceptional communication skills and ability to interact with a wide range of people.
Attentive to detail
Proficiency in Microsoft Office and AppFolio or comparable property management software experience.
Company Description
Company Overview: Venture (Venture Real Estate Co. & Venture Communities) is a boutique private equity real estate investment and management firm with a sterling track record. Venture partners with investors to acquire legacy-building multifamily real estate assets with significant upside potential.
Venture was founded in March 2013 and is headquartered in Cincinnati, Ohio. Since inception, Venture has acquired more than 2400 units and has conducted more than $400 million dollars in transactions.
Focused primarily on value-add, B-class, 100+ unit communities, Venture has grown organically with the support of more than 500 investors. Venture manages each of its assets with its own in-house property management firm, Venture Communities, which has recently been named a National Apartment Association Top Employer for 2023.
Venture has built its portfolio by investing in linear, reliable submarkets like its home market, Cincinnati, Ohio. VREC is also targeting similar submarkets in the Midwest to further expand its footprint, including Columbus, Indianapolis, and Louisville. Venture’s goal is to add 500 units per year to its portfolio with an eventual target of 5,000 units under management.
Company Overview: Venture (Venture Real Estate Co. & Venture Communities) is a boutique private equity real estate investment and management firm with a sterling track record. Venture partners with investors to acquire legacy-building multifamily real estate assets with significant upside potential. Venture was founded in March 2013 and is headquartered in Cincinnati, Ohio. Since inception, Venture has acquired more than 2400 units and has conducted more than $400 million dollars in transactions. Focused primarily on value-add, B-class, 100+ unit communities, Venture has grown organically with the support of more than 500 investors. Venture manages each of its assets with its own in-house property management firm, Venture Communities, which has recently been named a National Apartment Association Top Employer for 2023. Venture has built its portfolio by investing in linear, reliable submarkets like its home market, Cincinnati, Ohio. VREC is also targeting similar submarkets in the Midwest to further expand its footprint, including Columbus, Indianapolis, and Louisville. Venture’s goal is to add 500 units per year to its portfolio with an eventual target of 5,000 units under management. Websites: https://www.vrec.com/ https://www.venturecommunities.com/careers
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Sales and Management
Industries
Real Estate
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