Senior Property Manager: Multifamily Asset Stewardship

Banneker Ventures, LLC; Silver Spring (MD); On-site; USD 72,000 - 88,000; Full time

Benefits offered by this job

Health insurance

Paid vacation

401(k) plan

Professional development

Annual performance bonus

Job summary

Banneker Management seeks a Senior Property Manager to steward a multifamily portfolio by ensuring financial performance, compliance, safety, and resident satisfaction. The role requires on-site leadership, rigorous budget management, and coordination across operations, leasing, and maintenance to protect asset value.

The Senior Property Manager will oversee daily operations, ensure regulatory compliance, and drive resident experience while maintaining high standards of property condition.

Qualifications

• Minimum five years of progressively responsible multifamily property management experience.
• Minimum three years managing LIHTC, affordable housing, or mixed-income communities.
• Experience managing multiple properties or serving as the senior manager of a multifamily portfolio.
• Thorough knowledge of IRS Section 42, Fair Housing, and applicable landlord-tenant regulations.
• Experience with budgeting, financial reporting, collections, expense control, and variance analysis.
• Demonstrated success supervising maintenance operations, vendors, inspections, unit turns, and resident relations.
• Strong organizational, interpersonal, written communication, verbal communication, and leadership skills.
• Proficiency with property management software and Microsoft Office.
• Ability to travel among assigned properties and respond to occasional after-hours emergencies.

Responsibilities

• Direct the day-to-day operations of the assigned portfolio.
• Maintain a consistent on-site presence and regularly inspect buildings, units, grounds, life-safety systems, and common areas.
• Ensure each community is safe, clean, well maintained, properly staffed, and operated in accordance with Company standards and approved budgets.
• Identify operational, financial, maintenance, compliance, and resident-related risks and implement timely corrective actions.
• Maintain complete, accurate, and organized property records, leases, contracts, inspections, compliance files, and operational documentation.
• Assist in preparing annual operating budgets, capital improvement plans, and financial forecasts.
• Review monthly financial statements, rent rolls, accounts receivable, accounts payable, delinquency reports, and budget variances.
• Recommend corrective actions to improve financial performance.
• Support achievement of occupancy, collections, renewal, and revenue objectives established by management.
• Exercise sound financial stewardship by controlling expenses while maintaining property quality, compliance, and resident service.
• Review invoices, monitor vendor expenditures, and maintain appropriate financial controls.
• Coordinate collection activities and legal actions in accordance with Company policy and applicable law.

Skills

Property management

Budgeting

Financial reporting

Vendor management

Leadership

Regulatory compliance

Tools

Yardi

AppFolio

RealPage

MRI

OneSite

Job description

Banneker Management seeks a Senior Property Manager to steward a multifamily portfolio by ensuring financial performance, compliance, safety, and resident satisfaction. The role requires on-site leadership, rigorous budget management, and coordination across operations, leasing, and maintenance to protect asset value.

The Senior Property Manager will oversee daily operations, ensure regulatory compliance, and drive resident experience while maintaining high standards of property condition.