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Vesta Corporation

Develops and operates affordable multifamily housing

Property Manager

Real Estate Property ManagementUpdated on Nov 9
Full-timeSchenectady, NY, USAIn-person

About the Job

Requirements

  • An associate degree or equivalent experience, plus 3–5 years of related experience or a proven track record in a similar function such as occupancy, leasing, or an assistant property manager role.
  • Experience in a supervisory role or capacity is required.
  • Strong judgment and decision-making skills are required.
  • Strong verbal communication and interpersonal skills are required.
  • A commitment to quality, problem-identification and problem-solving ability, independence, self-motivation, initiative, leadership and delegation skills, multitasking and prioritization, accountability, integrity, professionalism, adaptability, organization, attention to detail, and basic math proficiency are required.
  • Strong computer skills, including Microsoft Office, Outlook, and property management software, are required.
  • A successful background check and drug screen are required.
  • A valid driver's license and clean driving record are required.

Responsibilities

  • Oversee all day-to-day property operations and staff, meeting financial, leasing, compliance, resident-retention, and maintenance goals and standards.
  • Keep the reception area clean and maintain professional surroundings.
  • Protect the confidentiality of residents, applicants, employees, and the company.
  • Set financial goals and prepare the annual property budget; monitor results and adjust operations to achieve or exceed budgeted results.
  • Maintain accurate property transaction records and process them on time, including delinquency reports and move-ins and move-outs.
  • Collect, post, and deposit rent, late fees, and other charges on time; manage delinquencies, late notices, and legal action as needed.
  • Manage housing assistance payments, including applicable special claims, and ensure they are requested and received.
  • Manage vendor and contractor communications, scheduling, billing, relations, and certificates of insurance.
  • Ensure payables are processed and manage petty cash and other funds.
  • Maintain occupancy by balancing rent collected and occupancy; identify markets, secure prospective residents, and use appropriate marketing strategies.
  • Conduct marketing outreach with neighborhood groups, local employers, community organizations, and other prospecting and lead-generation sources, with a focus on converting leads into rentals.
  • Conduct marketing surveys and regularly review traffic reports and trends.
  • Ensure leasing team techniques are effective in closing rentals.
  • Implement and maintain procedures and systems in accordance with Vesta standard operating procedures.
  • Ensure leases and related paperwork are complete, accurate, and processed on time.
  • Prepare and execute lease renewals; intake, prepare, and process interim and annual recertifications and other documentation required by local, state, and federal agencies; obtain required applicant and resident signatures.
  • Maintain resident files in compliance with Vesta standards and regulatory requirements, and ensure administrative paperwork is accurate, complete, and timely.
  • Regularly process work orders, certifications, deposits, and resident documentation in property management software.
  • Organize and lead the community emergency team; instruct staff and residents on responses to building emergencies, criminal activity, injuries, fires, floods, freezes, and other incidents in accordance with Vesta procedures.
  • Build positive, active, and collaborative relationships with residents, communities, and associated agencies.
  • Address resident concerns and requests, ensure resident satisfaction, and provide timely responses when requests cannot be accommodated.
  • Implement or maintain resident-retention initiatives, including resident functions, promotions, and monthly newsletters; distribute property communications and notices, including weather and emergency notices.
  • Consistently implement or maintain property rules and regulations.
  • Use recruitment techniques and policies to interview, hire, and onboard team members.
  • Ensure team efficiency through staff meetings and communications, training, development, counseling, performance management, and leadership.
  • Ensure appropriate property staffing, including oversight of maintenance on-call duties with the Maintenance Supervisor.
  • Handle personnel administration promptly, including performance evaluations, salary reviews, payroll, and status changes.
  • Coordinate maintenance schedules, projects, and needs with the Maintenance Supervisor.
  • Work with Maintenance to complete monthly maintenance reports, including annual apartment inspection tracking and weather reports.
  • Inspect grounds, common areas, vacancies, and amenities through regular community walks; address deficiencies and repairs with Maintenance and ensure work orders are completed promptly.
  • Work with Maintenance to monitor contractors, including exterminators, landscapers, and snow-removal providers, to ensure contracted work is completed properly.
  • Document capital improvement needs and solicit competitive bids in accordance with Vesta standards.
  • Ensure unsafe conditions are corrected immediately and direct staff to prioritize safety.
  • Perform other duties assigned by management.

Desired Qualifications

  • Experience with site-based affordable housing programs is strongly preferred, where applicable.
  • COS and/or CPO certification is strongly preferred.
  • A bachelor's degree in business management or a property management field is a plus.
  • Multilingual skills are strongly preferred.

About the Company

Vesta Corporation

Develops and operates affordable multifamily housing

Vesta Corporation develops, operates, and owns multifamily and senior rental housing communities, with a focus on affordable housing. It makes strategic real estate investments, then builds, manages, and maintains these properties to create thriving communities for residents while delivering returns to investors and partners. Its approach covers the whole lifecycle of a project—from financing and development to ongoing operations—backed by a track record of over $1 billion in financings and more than 20,000 affordable units across 12 states and the District of Columbia. Compared with others, Vesta emphasizes acting as developer, owner, and manager in one integrated effort, leveraging a long history of financing and hands-on management to meet the needs of residents, partners, and local communities. The company’s goal is to exceed expectations for investors, residents, and community stakeholders, and to grow the supply of safe, affordable housing while generating solid returns.

Company size
51-200
Company stage
Not listed
Total funding
Not listed
Headquarters
Simsbury, CT
Founded
1981

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