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Pennrose Management Company

Regional Property Manager

Full Time
Real Estate Field
  • Property Management
Northern New Jersey/New York
Postal Code
United States

This job is no longer active.


Pennrose is an industry leader in the development and management of Affordable Housing. We are excited to be hiring for a Regional Property Manager for our properties located in the Northern New Jersey/New York and Connecticut regions.

This position will have broad and in-depth general management responsibilities for their assigned apartment developments. They will supervise site teams consisting of administrative, supportive services and maintenance personnel at levels consistent with property resources. They will ensure their assigned apartment developments meet all financial goals as identified in their respective annual budgets. Also, they will relentlessly pursue full occupancy / collection of rent and optimize rental income following program requirements / market conditions thus being a responsible steward for the success of each property.

Duties & Responsibilities:

• Effectively manage rent increases, rent collections and the eviction process at all sites
• Consistently market the properties to high standards, optimizing curb appeal and successfully converting
  applicant traffic / waitlists to successful residency while meeting all Fair Housing requirements
• Understand all aspects of the affordable housing / market rate program features of the assigned properties –
  optimize the financial and operational performance of the property within this construct by teaching staff about
  these programs and holding them accountable to them
• Proactively manage housing partner subsidy programs /relationships particularly as it relates to rental housing
  subsidy, rent increases and inspections
• Manage accounts receivable, accounts payable and cash so that the properties can successfully meet all
  obligations timely
• Monitor utility consumption and related expense – optimize the use of NWP system and responses
• Inspect properties following company timelines and following prescribed procedures and ensure corrective
  actions are taken where needed – safety being a high priority with this process
• Provide thoughtful and comprehensive input to the capital planning process, the budget process in its entirety
  and examine expenditures for cost savings and efficiencies – share best practices with colleagues not only
  within assigned region but more broadly within Pennrose
• Ensure all site staff are on-boarded effectively, trained, motivated and equipped to be successful stewards of
  the properties
• Work orders, preventive maintenance, apartment turns and the leasing of vacant apartment units-– all to be
  done within company policy time frames at all locations
• Make certain that site staff process re-certifications, build / manage credible waiting lists for each unit type –
  anticipate issues impacting occupancy and financial performance – meet deadlines and work proactively
• Own all aspects related to your portfolio of properties recognizing that this a 24-hour daily operation where
  RPM leadership / engagement is absolutely essential continuously
• Teach staff about customer service, professionalism, safe work practices, effective property inspections, vendor
  management and the optimum use of technology / Mobile Maintenance/Yardi and Fair Housing, and the
  Pennrose Risk Management initiatives
• Ensure properties are prepared to excel at all property inspections, including agency and REAC without the
  need for surges in staff and spending, i.e. have properties inspection ready at all times
• Complete those insurance administration tasks necessary to successfully conclude insurance claims
• Serve as a role model, mentor, coach and trusted resource to field staff and residents
• Ensure that Supportive Services programs are successful and meet site-specific obligations
• Support the Pennrose Academy efforts to heighten the technical expertise of staff

Required Education & Experience:

• High School Diploma required / College degree preferred / CPM a plus
• Seven years of increasing property management responsibility to include all aspects of a multi-site operation.
• Knowledge of both affordable housing and market rate housing
• Technology literacy and solid understanding of operating software
• Industry training credentials which authenticate understanding of rental housing programs
• Requires a valid driver’s license, an insured vehicle, and the ability to travel (between properties)

                                          For more information, please visit our website at

                                                          Pennrose is an Equal Opportunity Employer
                                                                                    EOE M/F/D/V

Job Functions

  • Portfolio Management
  • Property Management

Job Sector

  • Residential


2+ to 5 years

This job is no longer active.

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