Senior Regional Portfolio Property Supervisor
Cabrillo Economic Development Corporation (CEDC) develops and manages service enriched, inclusive residential communities, ensuring access to affordable, secure, quality housing that creates the foundation for our residents to grow and thrive.
An industry leader since 1981, CEDC has built 45 affordable housing developments totaling close to 1,700 ownership and rental units. It currently has an ownership interest in 1,121 rental units that it manages. CEDC has an annual operating budget of $5,800,000 and multiple projects in the early stages of development.
CEDC PROPERTY AND ASSET MANAGEMENT PHILOSOPHY
CEDC’s philosophy is that excellent property management is an essential part of its overall construction of affordable housing activities. CEDC provides a superior living environment for its residents. CEDC implements a team management approach to its work with particular coordination between its activities within its Property Management, Real Estate Development and Resident and Community Services Divisions.
Reporting directly to the Director of Property Management, the Regional Property Supervisor will assist in the development and monitoring of company policies and procedures related to property management. Responsible for the recruitment, training, development, and supervision of Resident Managers and Maintenance staff in the residential rental portfolio. Have a significant focus on ensuring that the physical asset and performance of CEDC properties are managed to the expectations of our investors. The major duties and responsibilities for this position include:
MAJOR DUTIES AND RESPONSIBILITIES
Personnel and Administration
• Supervision of the staff in the residential rental portfolio.
• Assists in the update, revision and/or development of forms, reports, and manuals relating to property management issues and operations.
• Ensures implementation is appropriate and timely.
• Ensure that time sheets and mileage reimbursement requests are completed and submitted as expected.
• Address staff related issues.
• Prepare Resident Manager Performance evaluations and performance improvements plans as necessary.
• Ensure human resource policies, procedures and guidance are in accordance with CEDC expectations. Assist with employment decisions.
• Participate in candidate interview panels for vacant Resident Manager Positions, or other CEDC openings.
• Coordinates and conducts monthly meetings for all property management staff.
• Assist Resident Managers with questions and issues related to operations, safety and other issues.
• Assists in the development and ensures implementation of property management training programs. Ensures that all new hires are trained properly and consistently.
• Staff training and implementation of PM Software such as Yardi, Rent Café, MINC, other
• Assist the Director in other assigned projects and tasks.
Lease House Rules and Compliance
• Ensure resident screening guidelines and other compliance mandates are followed correctly by all Resident Managers for potential residents. Oversee implementation and enforcement of Fair Housing laws.
• Ensure vacancy turnaround of 10 days or better.
• Ensure that staff maintains an updated and healthy waiting list to process at a minimum 3 hopper approved files to meet required unit turnaround.
• Monitors, assists, and makes recommendations to improve property operations; reviews occupancy status; identifies 3rd-party assistance to gain objectivity.
• Resolves property management related issues. Communicates activities and outcomes to the Director of Property Management to ensure appropriate monitoring and control of property issues and operations are transparent and closed.
• Reviews/audits property administrative, accounting, and investor areas to ensure compliance with established policies and procedures.
• Enforces tenant recertification schedule to ensure timely completion per AR calendar.
• Meet regularly with the Compliance Specialist to address issues & concerns related to audits and compliance.
Financial and Asset
• Prepare annual budgets for each property in the rental portfolio, including budgets for RD, HCD, HUD, CalHFA.
• Ensure that all collections are done timely, 3-Day Notices are done timely, and that Leases and Changes of Lease Terms are completed properly in collaboration with Compliance Specialist and legal counsel.
• Ensure that all resident managers follow proper procedures with regard to security deposits dispositions.
• Review property vacancy reports, aged receivables, resident delinquency, and other financial reports to ensure financial profitability of portfolio.
• Participate in the CNA process. Analyze properties and collaborate with Accounting and Construction/Maintenance for use of capital expenses that could be associated with replacement reserves.
• Provide support to Resident Managers regarding utility billing and HAP payments.
• Prepare Annual Budget for each designated property.
• Implement approved rent increases.
• Review financial reports, prepare monthly variance reports and discuss expenses with resident managers.
• Ensure that petty cash replenishment requests, and other required financial needs are completed properly and submitted timely.
• Assess and determine appropriate rent concessions requests.
• Review financial reports and discuss expenses with resident managers.
Resident Relations and Operations
• Visit each property at a minimum twice per month.
• Attend resident meetings at each property.
• Timely address resident related issues.
• Oversee incident reporting & resolutions with all parties involved.
• Ensure grounds are monitored daily to ensure safety and superior curb appeal.
• Develops and maintains relationships with suppliers, vendors, contractors, and all others serving the community.
• Review waiting list at each of the properties and identify/support necessary marketing efforts to replenish the pool of applications.
• Prepare physical condition reports for all the properties on a monthly basis with an action plan to address corrections.
• Submit Property Status Reports to the Director of Property Management.
• Ensure that all properties follow/conduct the bi-annual unit inspections and that any corrections are addressed.
• Assist with the lease renewal process. Analyze resident turnover.
• Support effective resident retention programs with Resident and Community Services, RCS.
• Walk-through vacant units for assessment of conflicting reported information.
• Assist with after hour emergencies for the properties.
• Meet with the Director of Property Management on a regular basis. Date and time to be determined.
REQUIRED WORK EXPERIENCE, KNOWLEDGE, SKILLS & ABILITIES:
• Must have minimum 5 years property management experience at a supervisory level.
• Must have 3 years of Tax Credit practical experience (tax credit certification a plus).
• Must have HOME and US-RDA experience.
• Minimum 5 years’ experience working in nonprofit housing management.
• Experience with Yardi Property and Asset Management software.
• Must possess excellent verbal and written communication skills.
• Computer proficient in Microsoft platform (Word, Excel, PowerPoint).
• Experience facilitating and capturing engagement in group settings; public speaking.
• Strong sense of professionalism.
• Bilingual (English/Spanish), both written and oral.
• Ability to multi-task, prioritize workload, and meet pressing and competing deadlines.
• Positive attitude and ability to instill teamwork among staff.
• Sensitive to the needs and concerns of low-income persons
• Bachelor’s Degree from accredited university or college.
• Experience working in the field(s) of community development, housing, and/or economic development.
• SCHM certification.