NYC Residential Portfolio Manager
7 days ago
New York
Job Description Position Summary The NYC Residential Portfolio Manager will manage and oversee operations for Olshan Properties’ NYC portfolio. Position Duties and Responsibilities • Oversee a team comprised of property managers, superintendents, property level staff and internal / external leasing resources., • Manage and oversee AR, landlord / tenant issues, evictions and legal disputes (as required)., • Responsibilities include all aspects of asset management, operations / management, leasing, planning, budgeting, and reporting., • Develop and implement strategic business plans for each asset maximizing cash flow/value of the assets., • Forecast operating and capital budgets for each asset., • Support execution of capital projects in conjunction with internal construction counterparts., • Review and approve tenant lease requests., • Prepare recurring and ad-hoc reporting for distribution to management and partners., • Perform valuation / cash flow projections for each asset. Monitor the financial performance of each asset relative to internal forecasts and debt requirements., • Respect, lead, educate and mentor members of your team, • Collaborate with acquisitions and development executives as necessary, providing pre-acquisition and pre-development input and assistance during due diligence processes, and manage post-acquisition and post-development activities and integration of asset into the residential portfolio., • Implement and update processes, procedures and best practices for the residential team. Ensure uniform compliance with best practices., • Ability to communicate with others, identify problems/opportunities and capitalize., • Minimum 10 years residential property management and / or operations experience, with a focus on NYC properties and experience with rent stabilization regulations a plus, • Demonstratable critical thinking and analytical skills, • Savvy with business technology including highly proficient in Microsoft applications (specifically Excel) ARGUS, and Yardi, • Bachelor’s Degree preferred