Property Manager

Job Description

Job Description

Firm Overview :

Founded in 2003, PEG Companies is a vertically integrated owner, operator, and developer of multifamily, hospitality, and build-to-rent assets in the U.S. and Canada with a focus on the Mountain West. PEG currently manages approximately $2B of AUM across seven commingled funds and various separate accounts with over 1,100 employees.

PEG Property Group Overview

PEG Property Group manages a diverse portfolio of 55 multifamily and commercial properties consisting of 3,683 units across 14 states, and it boasts an average 94.8% occupancy rate. In its residential portfolio, PEG Property Group has distinguished itself in the market by successfully creating multiple highly amenitized brands to create a unique sense of community for its residents.

Responsibilities :

This position will play a crucial role in effectively managing and coordinating day to day property management operations to maximize the successful operation of the property. Responsibilities will include maintaining and enhancing the performance and value of the property while providing a positive living and learning experiences for residents in the student housing apartment community.

Management Responsibilities :

This position will be responsible initiating and managing all core business processes, including leading, resident relations, marketing, maintenance, budgeting, accounts receivable, accounts payable, vendor selection and relations, recruitment and team development.

• Building and coaching the on-site team, communicating with important stakeholders like residents, guarantors, client and teammates at the home office.
• Developing and managing the annual budget, management plan, and marketing plan directly for primary property with the potential to oversee the process for other properties within their portfolio.
• Analyzing and producing monthly financials including variances from budget as well as cash management strategies.
• Ensure office is open on schedule and that office and model apartments are maintained in a clean condition.
• Plan and execute the annual property turnover process and ensure operations remain compliant with company policies and procedures.
• Physically walk and inspect the property daily and check on vacant apartments.
• Complete move-in / move-out inspections with residents.
• Ensure that market surveys are conducted regularly, and that competition is shopped regularly.
• Demonstrate Advantage leasing techniques to the leasing team and communicate expectations.
• Conduct on-site safety meetings to discuss relevant policies and procedures and other relevant safety topics, in conjunction with the Maintenance Supervisor.
• Communicate policy and procedure changes with community team members.
• Identify existing and potential barriers to the successful accomplishment of property objectives and utilize performance data, observation, and budgetary and other financial information to create solutions to those problems.
• Create a clear realistic vision for the property and effectively communicate expectations and directions to the community team members.
• Keep informed of industry, market, and seasonal trends to plan strategies to meet operational goals.
• Hold regular community team meetings to communicate goals, progress toward goals and expectations, and identify actions to achieve objectives.
• Monitor individual team members' performance and provide timely and constructive feedback.
• Take a hands-on approach to any necessary duties to ensure the job is completed.
• Follow through on resident problems to a satisfactory resolution and communicate problems to any necessary party to facilitate resolution.
• Supervise, train and lead community team members to achieve the operational goals of the company and the property.
• Maintain an awareness of training resources available and encourage the development of team members.
• Set and uphold high standards of honesty for self and team members.
• Perform other related duties as assigned by management.

Qualifications :

Physical Requirements :

Compensation :

Compensation in this position can include :