Portfolio Manager - 2425

Guardian Management
Portland, OR Full Time
POSTED ON 3/9/2024
Guardian is seeking an experienced Portfolio Manager with Affordable Multifamily Property Management experience to join our team of high-quality professionals working in the Oregon Real Estate Services and Property Management Industry. 


The multifamily properties in this portfolio are comprised of Rural Development (RD), HUD and Tax-Credit properties. The qualified candidate will possess not less than 3-5 years of Portfolio Management experience with at least one (1) year of specific experience working with affordable housing programs. This position will require regular travel to conduct property visits.

We seek talented people who desire success and embrace Guardian’s high standard of excellence. An ideal applicant will be able to perform in a fast-paced environment, be able to multitask and have problem solving skills.

Position Description:

The general purpose of the Portfolio Manager role is to ensure that each property meets all ownership goals and objectives as well as Guardian Management procedures and standards through the daily supervision of all areas of management of each property. This includes good physical appearance and maintenance upkeep, good financial health and stability, program and government compliance, client relations and a position within the community which represents Guardian Management as a knowledgeable and professional organization.

This position is primarily stationed at the Guardian Home Office in downtown Portland, however, remote work, full or part time, may be considered.

Compensation: Depends on experience. 

Benefits: Medical/Vision/Prescription Insurance, Dental Insurance, Medical/Dependent Care FSA, Transit/Parking FSA, Life/AD&D Insurance, Long Term Disability, Employer-matched 401-K, PTO, Paid Holidays, Employee Assistance Program.

Schedule: 40 hours / week, Monday - Friday, 8:00 AM - 5:00 PM.     

Requirements:

The requirements listed below are representative, but not exclusive of the knowledge, skill and/or ability required.

  • BS or BA, or the equivalent knowledge and experience
  • Minimum of 3 years of Multi-Family portfolio management experience
  • Minimum of 1 years of experience working with federally assisted affordable housing programs (such as HUD, RD, HOME, and Tax Credit)
  • Possess active Real Estate Brokers License or ability to acquire within 6 months of employment.
  • Must be legally qualified to work in the US
  • Must be able to speak, read and write English in a manner sufficient to carry out the duties

Essential Duties & Responsibilities:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily with or without reasonable accommodations.

  • Responsible for employee development & performance of site staff.
  • Ensure Compliance with all applicable Wage and Hour and Employment regulations.
  • Conduct on-going training, supervision, performance reviews, and development of site staff.
  • Prepare a comprehensive operating budget for each property and operate property within this budget.
  • Prepare all budgets as well as annual reports.
  • Approve expenditures in accordance with company purchasing policies and the budget.
  • Manage property financial performance in accordance with the budget and owner needs.
  • Analyze and report on monthly actual financial performance, including owner narrative.
  • Analyze ongoing property insurance, property taxes and mortgage information.
  • Develop and monitor ongoing physical property upkeep and maintenance programs.
  • Handle escalated resident relations matters and offer supervision of site staff in such matters.
  • Manage relationships with owners, agencies and clients in a positive & responsive manner.
  • Oversee owner distributions and reserve accounts as needed.
  • Monitor compliance with Landlord-Tenant Law, employment law and Fair Housing Law.
  • Oversee insurance claim matters or lawsuits and optimize risk management.
  • Coordinate with Marketing to oversee the property marketing and advertising program, including establishing rent levels.
  • Visit properties frequently and conduct site inspection reports.
  • Computer understanding and literacy in Microsoft Word, Excel, Outlook (e-mail) and Yardi.
  • Demonstrate excellence in time management and written & verbal communication skills Participate in periodic internal operational meetings and meets regularly with the VP of Property Operations.
  • Develop professional working relationships with other departments.
  • Represent Guardian Management in a professional and ethical manner in the community.
  • Participate in periodic industry meetings, training events and functions.
  • Understand industry accounting terms and financial principles.
  • Oversee preparation for REAC inspections.
  • Prepare, attend and respond to agency reviews. Oversee processing of HUD contract renewals.
  • Oversee compliance with the Affirmative Fair Housing Marketing Plan.


Guardian – Company Description
 
Guardian is a developer, owner, and operator of multifamily properties, providing innovative real estate solutions dedicated to community and housing for all. Based in the Pacific Northwest, our customer-focused team is committed to supporting and lifting the communities we serve. Since 2002, Guardian has developed or acquired 11,000 multifamily units and 350,000 square feet of commercial space. With more than 350 team members, our management portfolio consists of 110 communities across four states.

The Guardian Experience – Our People

Property Management is our strength. People have always been our passion. Our team is, and has always been, actively engaged in superior real estate management and enhancing the communities in which we live and work. In this economy, companies come and go. As a third-generation, family owned firm, Guardian’s growth and stability has evolved the company into a leading Pacific Northwest real estate management and investment firm.
 
Guardian Offers
 
In addition to competitive salaries, 401(k), Paid Time Off and paid Holidays, we offer a culture in which individuals work and participate in collaborative team environments and are encouraged to continue to grow both professionally and personally.
 
AAP/EEO Statement
 
This institution is an equal opportunity provider and employer.
 
If you wish to file a Civil Rights program complaint of discrimination, complete the USDA Program Discrimination Complaint Form, found online at http://www.ascr.usda.gov/complaint_filing_cust.html, or at any USDA office, or call (866)632-9992 to request the form. You may also write a letter containing all of the information requested in the form. Send your completed complaint form or letter to us by mail at U.S. Department of Agriculture, Director, Office of Adjudication, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410, or by fax at (202) 690-7442.

Salary.com Estimation for Portfolio Manager - 2425 in Portland, OR
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