Property Manager-Minneapolis

About the Role:

The Property Manager will oversee the daily operations and management of residential and commercial properties within the affordable housing sector, ensuring compliance with all regulatory requirements and company standards. This role is pivotal in maintaining tenant satisfaction, optimizing property performance, and preserving asset value through effective lease administration and property maintenance. The Property Manager will coordinate with maintenance teams, vendors, and residents to address building inspections, repairs, and improvements promptly. Utilizing property management software such as RealPage Systems, the manager will maintain accurate records, manage budgets, and prepare reports to support strategic decision-making. Ultimately, this position ensures that properties are managed efficiently, tenants’ needs are met, and the organization’s real estate portfolio thrives within the competitive rental market.

Minimum Qualifications:

• Bachelor’s degree in real estate, Business Administration, or a related field, or equivalent work experience.
• Minimum of 3 years of experience in property management, preferably within affordable housing or real estate development.
• Proficiency in RealPage Systems or similar property management software.
• Strong knowledge of lease agreements, lease administration, and Fair Housing regulations.
• Demonstrated experience conducting building inspections and managing property maintenance.

Preferred Qualifications:

• Certification as a Certified Property Manager (CPM) or similar professional designation.
• Experience working with affordable housing programs and compliance requirements such as HUD or LIHTC.
• Advanced knowledge of real estate development processes and financial modeling.
• Familiarity with local, state, and federal housing laws and regulations beyond Fair Housing.
• Strong project management skills and experience leading cross-functional teams.

Responsibilities:

• Manage day-to-day operations of affordable housing properties, including tenant relations, lease administration, and rent collection.
• Conduct regular building inspections to ensure properties meet safety, quality, and compliance standards.
• Utilize Yardi Systems to maintain accurate records of leases, tenant information, maintenance requests, and financial transactions.
• Ensure compliance with Fair Housing laws and other relevant regulations governing affordable housing and property management.
• Coordinate with maintenance staff and external vendors to schedule repairs, preventive maintenance, and capital improvements.
• Prepare and manage property budgets, monitor expenses, and generate financial and operational reports for senior management.