Property Manager
- Cedar Falls, Iowa, United States
- Cedar Falls, Iowa, United States
About
Job Description
Description:
About CVL
CVL is an established real estate investment and property management company with over two decades of experience building and managing vibrant, people-centered communities across the Midwest. With a portfolio of more than 700 multifamily units and ambitious plans for strategic expansion, CVL is rooted in a strong culture of integrity, collaboration, and operational excellence. At CVL, we prioritize people, act with integrity, foster vibrant communities, embrace innovation, and work together to deliver excellence — every day, in every role.
The Opportunity
Manages the day-to-day operations of an assigned property including managing the team members, daily activities, and resources of the property to achieve established budgeted financial and operational goals and ensures that the operation of the property complies with CVL policies and procedures, Fair Housing, Americans with Disabilities Act, Fair Credit Reporting Act, and other laws and regulations governing multi-family housing operations.
Key Responsibilities
Strategic
· Collaborate with the Regional team to set financial and resident satisfaction goals. Analyzes market trends to identify potential risks and develops mitigation strategies.
· Assists in meeting targeted revenues by recommending rent rates, and cost-cutting measures. Controls expenditure by staying within the constraints of the approved budget.
· Assists in managing the Regional Manager relationship by meeting regularly, conducting property tours, providing updates and information about the property’s performance, and responding to requests as needed.
Leadership
· Leads, motivates, and mentors property teams to achieve goals while fostering a culture of professionalism and resident care. Provides training and guidance, regular meetings with property teams and leadership to ensure compliance with CVL policies and performance expectations.
· Promotes resident satisfaction and retention by responding to complaints, questions, and requests in a timely manner, and taking appropriate action to resolve and address service issues. Ensures the property’s maintenance team members comply with the Company’s standards with respect to responding and completing resident service requests.
· Property Manager Supervises and trains property staff, and manages their performance in accordance with CVL policies, values, and business practices. Assists in interviewing, hiring, and orienting new employees.
Financial
· Ensure properties optimize revenue, control costs, and meet financial goals by tracking expenses, rental income, and tenant satisfaction.
· Provides input into the development of budget(s) for the property by analyzing and evaluating financial statements, reviewing current and projected marketing information, and accessing operational reports that establish historic and predict performance patterns.
Property
· Ensure properties meet company standards through routine inspections, addressing maintenance and safety concerns. Communicates capital needs to operations and assists in planning and managing improvement projects.
· Ensuring rent and fees are collected and posted in a timely manner, making financial
Languages
- English
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