Affordable Area Manager at Asset Living

San Jose, California, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Real Estate, Property Management, Affordable HousingIndustries

Requirements

Experience in multifamily housing operations management
Ability to oversee personnel, leasing, maintenance, financial, administration, and risk management
Knowledge of company directives, training benchmarks, policies, and procedures
Skills in screening, hiring, training, coaching, and developing staff
Proficiency in financial management, including budgeting, forecasting, cost control, revenue improvement, and monitoring deposits, collections, invoices, and reports
Expertise in strategic leasing, marketing plans, and leasing techniques

Responsibilities

Use consistent techniques & company directives to screen, hire, train, coach, and develop on-site staff
Ensure effectiveness of staff through ongoing training, coaching, counseling, and guidance in compliance with Asset training benchmarks
Complete weekly/daily office & maintenance staff schedules and assignments
Deal effectively and consistently with performance problems; document adequately, communicate with Regional & Senior Vice President and HR and terminate appropriately when necessary
Promote harmony and quality job performance of staff through support and effective leadership
Ensure staff compliance and consistency with Company policies and procedures
Achieve the highest possible net operating income through the implementation of effective cost control and revenue & leasing improvement; identify trends and recommend strategies and adjustments
Develop yearly operating budgets/forecasts
Monitor all proposals and contracts for large projects at sites and check work in progress
Monitor & maintain the timely receipt and reconciliation of deposits, rent collections, and charges to ensure submitted on a timely basis
Monitor & approve the timely receipt, reconciliation, and coding of all vendor invoices
Ensure property closeout is completed on time and ownership financial reports are accurate
Develop yearly marketing plan and utilize marketing strategies & systems
Ensure staff leasing techniques are effective in obtaining closure, follow up procedures met, signing/documentation of leases, and reporting systems are accurate and up to date

Skills

Key technologies and capabilities for this role

Property ManagementReal Estate ManagementTeam LeadershipMultifamily HousingAffordable Housing

Questions & Answers

Common questions about this position

What are the main responsibilities of the Area Manager role?

The Area Manager oversees all operations of several multifamily housing communities, including personnel management, leasing, maintenance, financials, administration, and risk management.

What does personnel management involve in this position?

It includes screening, hiring, training, coaching, and developing on-site staff, creating schedules, addressing performance issues, and promoting effective leadership.

What is the company culture like at Asset Living?

Asset Living fosters a collaborative environment where 'Together We Lead, Together We Succeed,' empowering individuals to lead by example, valuing every voice and idea, and providing growth opportunities in a dynamic team focused on unity and innovation.

Is this a remote position or does it require on-site work?

This information is not specified in the job description.

What is the salary or compensation for the Area Manager role?

This information is not specified in the job description.

Asset Living

Third-party property management for housing

About Asset Living

Asset Living specializes in managing various types of residential properties, including multi-family housing, campus housing, and affordable housing throughout the United States. The company provides a wide range of property management services, which encompass daily operations, maintenance, leasing, marketing, and financial management. This comprehensive approach helps property owners enhance their investments and achieve high occupancy rates. Unlike many competitors, Asset Living has a strong focus on diverse housing segments, allowing them to cater to different community needs effectively. With over 35 years of experience and a reputation for reliability, Asset Living aims to create thriving communities while delivering exceptional value to clients.

Houston, TexasHeadquarters

1986Year Founded

GROWTH_EQUITY_VCCompany Stage

Real EstateIndustries

501-1,000Employees

Risks

Rising interest rates may reduce demand for multi-family and affordable housing management.

Remote work trends could decrease demand for student housing management services.

Prefabricated construction trends may disrupt traditional property management models.

Differentiation

Asset Living is ranked No. 1 in student housing management for 14 years.

The company manages a diverse portfolio, including multi-family, student, and affordable housing.

Asset Living offers comprehensive property management services, enhancing client investment returns.

Upsides

Asset Living achieved a 95% occupancy rate in student housing, surpassing industry averages.

The company has a strong national presence, managing 100,000 units and 133,500 beds.

Asset Living's fundraising efforts align with social causes, enhancing its community reputation.

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