Talent.com
Senior Property Manager (Residential)
Senior Property Manager (Residential)CIM Group, LP • Denver, CO, US
Senior Property Manager (Residential)

Senior Property Manager (Residential)

CIM Group, LP • Denver, CO, US
2 days ago
Job type
  • Full-time
Job description

Job Description

Job Description

ABOUT CIM GROUP :

CIM is a community-focused real estate and infrastructure owner, operator, lender, and developer. Our team of experts works together to identify and create value in real assets, benefiting the communities in which we invest. Back in 1994, our three founders focused on projects in Southern California neighborhoods. Today, we are a diverse team of 1,000+ employees with projects across the Americas. Our projects have delivered jobs; created comfortable places to live, work, and relax; and provided necessary and sustainable infrastructure. Our focus on enhancing communities is unwavering, and we strive to make an even greater impact in the years to come. Join us and make an impact today!

POSITION PURPOSE :

The Senior Property Manager is responsible for the day-to-day management and operations of the property. Responsibilities include, but are not limited to, leading the on-site team, oversight of daily activities, residential satisfaction and excellence in customer service, achieving budgeted financial goals, and maintaining a best-in-class appearance of the property. This position will set goals to integrate leasing, property management, building maintenance, and resident retention activities that positively impact the overall success of the property. Annually draft a budget and business plan for review and approval.  Additionally, they will manage to the property’s approved budget with an emphasis on timely rent collection, meeting monthly leasing goals, resident retention, expense and revenue management, and vendor supervision.

ESSENTIAL FUNCTIONS

  • Leasing
  • Confirm building amenity pricing is accurate by shopping property’s defined competition and using mystery shoppers and / or other market research firms.
  • 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 goals.
  • 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 leaseform.
  • 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.

Financial

  • 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 pendingeviction.
  • 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 eachproperty.
  • Report on property’s financial performance each month and provide explanation for the variances.
  • Management Operations

  • 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, cleanlinessand 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 polices.
  • Adhere to all local agency’s rent control or similar governmental agencies (as required) polices 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 leasingfiles, 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, andpayroll.
  • 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.
  • NON-ESSENTIAL FUNCTIONS

  • 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.
  • SUPERVISORY RESPONSIBILITIES

  • 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 limitedto :
  • 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.
  • EDUCATION / EXPERIENCE REQUIREMENTS (including certification, licenses, etc.)

  • Bachelor’s Degree Or equivalent experience.
  • Knowledgeable of general accounting practices, accrual-based accounting, and reserving for bad debt.
  • 7-8 years prior experience working in a residential property manager capacity.
  • Must possess a valid state-issued driver’s license.
  • MS Office including Excel, Word, PowerPoint, and Outlook.
  • Familiar with Nexus Payables or similar software applications.
  • Familiar with Yardi or similar software applications.
  • Brokerage License or Real Estate Salesperson License preferred; or willingness to receive license within first 90 days of employment.
  • KNOWLEDGE, SKILLS AND ABILITIES

  • Read and interpret documents such as office equipment maintenance and instruction manuals, company SOP documents.
  • Ability to write correspondence and reports in a concise and detailed manner.
  • Ability to effectively present information to residents, vendors, contractors, and other employees of the organization.
  • Ability to analyze and interpret lease agreements, financial reports, and legal documents.
  • Respond to common inquiries or complaints from residents, regulatory agencies, other areas of the company, and members of the business community.
  • Good verbal communication.
  • Organization and ability to multitask efficiently.
  • Problem solving to find effective solutions for variety of potential issues.
  • Able to motivate and effectively manage the building team.
  • Ability to apply common-sense understanding to carry out instructions.
  • Ability to solve practical problems.
  • Ability to define problems, collect data, establish facts, and draw valid conclusions.
  • PERFORMANCE METRICS

  • Performance of property measured by established proformas for the property such as an approved operating budget, leasing objectives, cost controls, and annual NOI.
  • Performance of property team.
  • Resident questionnaires, survey feedback, and improving online ratings.
  • WHAT CIM OFFERS :

    At CIM, we believe our success stems from our collective efforts, and we are committed to providing well-rounded support and resources for our employees. In addition to a competitive compensation plan, CIM offers a comprehensive benefits program for employees to thrive both inside and outside of work. Eligible employees can enjoy a wide range of benefits, including :

  • 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!
  • Actual base salary considers several factors including but not limited to geography, job-related knowledge, experience, and budget. The start of the salary range is typically associated with the minimum experience required. At CIM, base pay is one part of the total compensation package. This role will be eligible to participate in CIM’s variable compensation program (e.g. commission) in addition to the bonus program. The anticipated base salary range for the position in Denver, CO is $90,000 - $130,000.

    HOW WE FEEL ABOUT DIVERSITY AND INCLUSION :

    At CIM Group, we believe that the unique perspectives and backgrounds of our employees enhance everything we do. We are committed to fostering an inclusive environment where diversity is not only respected but celebrated. We strive to ensure that our workplace is free from discrimination and harassment, allowing everyone to contribute meaningfully and feel a sense of belonging. As an equal opportunity employer, we strictly prohibit any form of unlawful discrimination and adhere to the laws enforced by the EEOC. Our goal is to provide a safe and supportive environment where all employees can grow and make impactful contributions together.

  • Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on CIM Group.  Please inform our Talent team if you need any assistance completing any forms or to otherwise participate in the application process.
  • CIM is committed to maintaining the confidentiality and privacy of your personal and financial information. Please click here for our Privacy Policy.

    #LI-KO1

    Create a job alert for this search

    Senior Property Manager • Denver, CO, US

    Related jobs
    Assistant Property Manager - Lowry 10633

    Assistant Property Manager - Lowry 10633

    Colorado Coalition for the Homeless • Denver, CO, United States
    Full-time
    The mission of the Colorado Coalition for the Homeless is to work collaboratively toward the prevention of homelessness and the creation of lasting solutions for homeless and at-risk families, chil...Show more
    Last updated: 17 days ago • Promoted
    Senior Property Manager - Denver, CO

    Senior Property Manager - Denver, CO

    Trinity Property Management • Denver, CO, US
    Full-time
    At Trinity Property Consultants, your expertise is the key to our continued success.Join us and become an essential part of an organization that values your skills and is committed to your professi...Show more
    Last updated: 19 days ago • Promoted
    Assistant Property Manager

    Assistant Property Manager

    Transwestern • Westminster, CO, US
    Full-time
    Four dynamic, integrated companies make up the Transwestern enterprise, giving us the perspective to think broadly, deeply and creatively about commercial real estate. Clients and investors rely on ...Show more
    Last updated: 30+ days ago • Promoted
    Assistant Property Manager

    Assistant Property Manager

    Healthpeak Properties, Inc. • Englewood, CO, US
    Full-time
    Quick Apply
    Healthpeak Properties is a fully integrated real estate investment trust (REIT) and an S&P 500 company.We specialize in owning, operating, and developing high-quality real estate focused on hea...Show more
    Last updated: 30+ days ago
    Property Manager

    Property Manager

    Pontis Property Management • Lakewood, CO, United States
    Full-time
    The Assistant Property Manager is primarily responsible for managing the rent collection process and ensuring the timely receipt of payments from tenants. They play a crucial role in maximizing reve...Show more
    Last updated: 30+ days ago • Promoted
    Tax Senior Manager- Real Estate Tax Credits

    Tax Senior Manager- Real Estate Tax Credits

    Plante Moran • Broomfield, CO, United States
    Full-time
    Our "we-care" culture is more than just a motto; it's a promise.From day one, we prioritize your growth, well-being, and success. You can count on us to support your career journey and help you achi...Show more
    Last updated: 30+ days ago • Promoted
    Senior Real Estate Transactions Program Manager, NA

    Senior Real Estate Transactions Program Manager, NA

    Vantage Data Centers • Denver, CO, US
    Full-time
    Senior Real Estate Transactions Program Manager.Vantage is actively seeking a dynamic Senior Real Estate Transactions Program Manager to spearhead the management of a high volume of large-scale, in...Show more
    Last updated: 30+ days ago • Promoted
    Property Manager

    Property Manager

    Hudson Grove Property Management • Thornton, CO, US
    Full-time
    Quick Apply
    Property Manager Location : Thornton, CO Total Compensation : $64,000–$73,000 DOE Join a Team That Builds More Than Communities – We Build Careers Hudson Grove Property Management (HGPM) ...Show more
    Last updated: 2 days ago
    Property Manager

    Property Manager

    Metro West Housing Solutions • Lakewood, CO, USA
    Full-time
    Quick Apply
    Metro West Housing Solutions is recruiting a.Metro West Housing Solutions is a leader in providing quality housing opportunities in the community. We are proud of our award-winning properties and hi...Show more
    Last updated: 30+ days ago
    Property Manager (Residential)

    Property Manager (Residential)

    CIM Group • Denver, CO, US
    Full-time
    Property Manager (Residential).CIM is a community-focused real estate and infrastructure owner, operator, lender, and developer. Our team of experts works together to identify and create value in re...Show more
    Last updated: 1 day ago • Promoted
    Apartment Property Manager

    Apartment Property Manager

    Pontis Property Management • Lakewood, CO, United States
    Full-time
    The Assistant Property Manager is primarily responsible for managing the rent collection process and ensuring the timely receipt of payments from tenants. They play a crucial role in maximizing reve...Show more
    Last updated: 30+ days ago • Promoted
    Regional Property Manager

    Regional Property Manager

    Pontis Property Management • Lakewood, CO, United States
    Full-time
    The Assistant Property Manager is primarily responsible for managing the rent collection process and ensuring the timely receipt of payments from tenants. They play a crucial role in maximizing reve...Show more
    Last updated: 30+ days ago • Promoted
    Property Manager II (San Juan Del Centro)

    Property Manager II (San Juan Del Centro)

    WinnCompanies • Boulder, CO, US
    Full-time
    Property Manager II (San Juan Del Centro).WinnCompanies is searching for a Property Manager II to join our team at San Juan Del Centro, a 150-unit residential community located in Boulder, CO.In th...Show more
    Last updated: 23 days ago • Promoted
    Property Manager

    Property Manager

    Aurora Housing Authority • Aurora, CO, US
    Full-time
    The mission of the Housing Authority of the City of Aurora (AHA) is to develop and promote quality housing while supporting and encouraging economic opportunities leading to self-sufficiency and in...Show more
    Last updated: 30+ days ago • Promoted
    Assistant Property Manager

    Assistant Property Manager

    Pontis Property Management • Lakewood, CO, United States
    Full-time
    The Assistant Property Manager is primarily responsible for managing the rent collection process and ensuring the timely receipt of payments from tenants. They play a crucial role in maximizing reve...Show more
    Last updated: 1 day ago • Promoted
    Senior Property Manager

    Senior Property Manager

    Mark IV Capital • Denver, CO, US
    Full-time
    Mark IV Capital is a privately held, growth-oriented real estate development and investment company headquartered in Newport Beach, CA focused on acquiring, developing, owning, and operating commer...Show more
    Last updated: 9 days ago • Promoted
    Assistant Property Manager

    Assistant Property Manager

    Highmark Residential • Denver, CO, US
    Full-time
    The Assistant Property Manager is responsible for community accounting functions and assists in the administration, leasing and supervision of the team. Help you achieve your goals by continuous pro...Show more
    Last updated: 30+ days ago • Promoted
    Assistant Property Manager

    Assistant Property Manager

    Bridge Property Management • Denver, CO, US
    Full-time
    Bridge is committed to fostering an environment where all individuals have the opportunity to thrive.We focus on removing barriers and enhancing access to career opportunities by evaluating candida...Show more
    Last updated: 30+ days ago • Promoted
    Senior Property Manager (Residential)

    Senior Property Manager (Residential)

    CIM Group • Denver, CO, US
    Full-time
    Senior Property Manager (Residential).The Senior Property Manager is responsible for the day-to-day management and operations of the property. Responsibilities include, but are not limited to, leadi...Show more
    Last updated: 1 day ago • Promoted
    Senior Property Manager (Denver)

    Senior Property Manager (Denver)

    Mark IV Capital • Denver, CO, US
    Part-time
    Mark IV Capital is a privately held, growth-oriented real estate development and investment company headquartered in Newport Beach, CA focused on acquiring, developing, owning, and operating commer...Show more
    Last updated: 10 days ago • Promoted