Area Manager (29740)

Core Spaces; Bloomington (IN); On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player in real estate is seeking an Area Property Manager to oversee multiple properties and ensure operational excellence. This role involves managing day-to-day operations, leading property management teams, and ensuring compliance with regulations while delivering exceptional resident experiences. The company fosters a culture of collaboration and innovation, valuing contributions and offering competitive benefits. If you are a motivated leader with a passion for property management and a commitment to enhancing community living, this opportunity is perfect for you.

Benefits

Generous PTO

Paid Holidays

Cell Phone Stipend

Paid Parental Leave

Volunteer Time Off

Robust Health Plan Options

Meditation App Subscription

Employee Assistance Program

401(k) with Matching

Qualifications

• 6+ years in property management with multi-property experience.
• Exceptional leadership skills and proficiency in property management software.

Responsibilities

• Oversee operations of multiple properties ensuring consistency.
• Develop and manage budgets, ensuring financial goals are met.

Skills

Leadership Skills

Property Management

Financial Reporting

Customer Service

Operational Management

Education

High School Graduate

College Degree (Preferred)

Tools

Microsoft Office

Google Suite

Entrata

Yardi Software

Job description

Job Details

Job Location: IN The Rive Bloomington - Bloomington, IN

Position Type: Full Time

Salary Range: Undisclosed

Job Category: Property Management

Description

Who We Are

Core Spaces (Core) is more than a real estate company, it’s a people company. Where building relationships is just as important as building properties. From researchers and architects to designers and operators, Core is made up of risk takers and dreamers who are on a mission to invent the future of living. Our six cultural values guide us every day and we strive to live them in everything we do: PUSH (Invent Better Places to Live), GRIT (We Got This), LIFT (Help Each Other Win), SHINE (Bring Your Full Self), UPHOLD (Never Break Trust), GROW (Always Get Better). Everything Core does stems from this culture of collaboration and innovation, and the drive to constantly improve the resident experience. This unique approach has led to creating spaces and services that are redefining the way people live.

What We Do

Founded in 2010, Core is a vertically integrated company focused on acquiring, developing, managing, and lending across the student housing and build-to-rent (“BTR”) sectors. Its residential communities feature world-class amenities, progressive design, and hospitality-driven client service. In its award-winning student portfolio, Core currently owns and/or manages over 45,600 beds* – and has a pipeline of over 45,000 beds* in various stages of development. Core's BTR division currently has over 3,000 homes under development and in its pipeline in high-growth metros across the country. For more information, visit www.corespaces.com.

*Portfolio and pipeline numbers as of November 2024

Benefits That Matter

• A culture that provides you with a sense of belonging
• Competitive pay that values your contributions
• Generous PTO to disconnect or celebrate life milestones
• Paid 15 holidays, including your birthday, to disconnect and celebrate
• Cell Phone stipend included
• Paid Parental Leave that begins after 90 days
• Paid volunteer time off to give back to your community
• Robust health plan options that begin within at least 30 days of your employment
• Yearly subscription to a meditation app for personal wellness
• An environment that provides you a voice to share your perspectives
• Employee Assistance Program (EAP) for access to confidential support services
• Company retirement options including 401(k) + matching & Roth account option

Position Overview

The Area Property Manager is responsible for leasing administration, training, financial reporting, resident relations, marketing, and overall operations of the properties they are assigned. The Area Manager will stay in constant communication with site staff and provide supervision and support as required for site personnel.

What You Will Do

Operational Management

• Oversee day-to-day operations of multiple properties, ensuring consistency in processes and procedures across the portfolio.
• Analyze property performance metrics, including occupancy rates, NOI, and leasing trends, to identify opportunities for improvement.
• Ensure properties comply with all local, state, and federal regulations, as well as company policies and standards.

Team Leadership

• Recruit, train, and mentor property management teams, fostering a culture of collaboration and performance excellence.
• Conduct regular site visits to provide guidance and support to on-site teams.
• Monitor staffing needs and assist in hiring and onboarding new team members.

Financial Oversight

• Develop and manage budgets for each property, ensuring financial goals are met or exceeded.
• Approve and monitor property expenditures, ensuring alignment with budgetary guidelines.
• Identify areas to optimize operational expenses and property revenue, propose and implement with assistance from regional manager.

Leasing and Marketing

• Support property teams in achieving leasing goals, including pre-leasing and lease-ups for new developments.
• Collaborate with marketing teams to implement effective advertising strategies.
• Proactively propose course corrective strategy when the property or market falls short of goals or prior year performance. Implement corrective action with assistance from regional manager.

Resident Experience

• Ensure properties provide an exceptional living experience by maintaining high standards for customer service, cleanliness, and safety.
• Address escalated resident concerns and complaints in a timely and professional manner.
• Assist in overseeing Vendor, Tenant, and University Relations.

Maintenance and Facilities

• Work closely with maintenance teams to ensure properties are well-maintained and repairs are completed promptly.
• Monitor preventative maintenance schedules and capital improvement projects.

Other

• Perform all other duties and tasks as assigned by management.
• Must be able to complete all physical requirements of this role with or without a reasonable accommodation.
• Complete special projects as assigned by the Regional Manager.

Ideally, you'll have

• High School graduate; college degree preferred but not required.
• Minimum 6 years of experience in property management or related fields, with at least 2 years of multi-property experience.
• Exceptional leadership skills with a proven ability to motivate and guide teams.
• Proficient in Microsoft Office/Google Suite and Windows and/or Apple operating system.

You'll crush it if you have experience with

• Student Housing operations experience.
• Experience with Entrata and Yardi Software(s).
• Strategic portfolio management and cross-property leadership.
• Preferred industry experience.
• Preferred Software Experience.

Organizational Structure

Reports to: Regional Manager

Direct Reports: N/A

Disclaimer: Please note that job responsibilities, reporting lines, and duties outlined in this job description are subject to change to meet the evolving needs of the organization.

As an Equal Opportunity Employer, Core Spaces celebrates diversity and is committed to creating an equitable and inclusive environment, which creates a sense of belonging for all employees. We do not discriminate and believe every individual should be proud of who they are and the community they represent.