Property Manager

Shelter Corporation

Stillwater, MN

JOB DETAILS
SKILLS
Affordable Housing, Analysis Skills, Budget Management, Budgeting, Capital Budgeting, Capital Expenditure (CAPEX), Communication Skills, Construction Safety, Credit and Collections, Detail Oriented, File Audits, Financial Analysis, Financial Compliance, Financial Management, Forecasting, Interpersonal Skills, Leadership, Leasing, Low-Income Housing Tax Credit (LIHTC), Maintain Compliance, Marketing Strategy, Microsoft Office, Multitasking, Needs Assessment, Operations, Operations Management, Past Due Accounts, Performance Management, Performance Metrics, Problem Solving Skills, Project/Program Coordination, Property Maintenance, Property Management, Regulatory Compliance, Reporting Skills, Resident Retention, State Laws and Regulations, Team Lead/Manager, Time Management, Vendor/Supplier Evaluation, Vendor/Supplier Management
LOCATION
Stillwater, MN
POSTED
3 days ago

Position Summary & Primary Responsibilities

The Real Estate Manager is responsible for the overall performance of assigned apartment communities, including operations, financial management, compliance, capital planning, and team leadership. This role ensures that property performance aligns with ownership expectations while maintaining strong occupancy, financial health, and resident satisfaction.

In addition, this position is responsible for the following:

  • Overseeing daily property operations, leasing activity, and resident services
  • Maintaining occupancy, curb appeal, and overall property standards
  • Conducting regular inspections and ensuring timely unit turns
  • Managing operating and capital budgets, including expense control and forecasting
  • Driving collections, reducing delinquency, and overseeing eviction processes
  • Reviewing monthly financials and providing reporting to ownership and leadership
  • Identifying capital improvement needs and coordinating CapEx projects
  • Obtaining bids, managing vendors, and ensuring projects are completed on time and within budget
  • Ensuring compliance with LIHTC, HUD, Section 8, and applicable state regulations
  • Overseeing certifications, recertifications, and maintaining audit-ready files
  • Leading office and maintenance teams, including training, performance management, and accountability
  • Supporting leasing strategy, marketing efforts, and resident retention initiatives
  • Handling escalated resident concerns and enforcing lease terms
  • Monitoring maintenance operations, vendor performance, and overall building safety
  • Tracking and reporting on occupancy, delinquency, and property performance metrics
  • Performing additional duties and special projects as assigned by Operations Leadership

Education & Experience

  • High school diploma or equivalent required; Bachelor's degree preferred
  • 3 -5+ years of property management experience
  • 3-5+ Experience with affordable housing programs, including LIHTC, HUD, and Section 8 preferred
  • Experience managing large-scale or multi-unit communities
  • Proven experience with budgeting, CapEx planning, and team leadership

Knowledge, Skills & Abilities

  • Strong leadership and team management skills
  • Excellent communication and interpersonal skills
  • Strong financial acumen and analytical ability
  • Ability to manage multiple priorities and deadlines
  • High attention to detail and compliance standards
  • Professional demeanor and conduct
  • Proficiency in Microsoft Office Suite and property management systems (Yardi preferred)

Ability to problem-solve and make sound operational decisions



About the Company

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Shelter Corporation