Jobs · Finance · New York

Portfolio Manager

Freestone Property Group · New York, NY · 2 wk ago
FinanceFull-time

Company Overview

Freestone Property Group is a technology-first property management company dedicated to streamlining operations and enhancing resident satisfaction. We leverage innovative solutions to provide superior service offerings. Freestone Property Group is an affiliate of Greenbrook Partners, a leading investment manager with over $2 billion in assets under management (AUM) and a portfolio encompassing more than 2,000 multifamily units across New York City.

Position Overview

At Freestone, the Portfolio Manager is responsible for overseeing the daily operations of a portfolio of scattered-site multifamily properties. This role will focus on ensuring financial success, operational excellence, and exceptional resident experiences. Strong leadership, a focus on innovation, and the ability to manage complex challenges with a proactive mindset are essential. By fostering strong team collaboration, the Property Manager will drive the success of Freestone’s mission to create thriving communities.

Duties/Responsibilities

  • Operational Management
    • Oversee daily operations of multiple properties within a designated scattered site portfolio.
    • Conduct regular site inspections to ensure upkeep, maintenance, and safety standards are met.
    • Ensure all units are in rent-ready condition, coordinating repairs and turnarounds as needed.
    • Manage team of Community Associates, Field Service Managers and Maintenance team, including Maintenance Supervisors, Porters and Cleaning Staff.
  • Tenant Relations
    • Respond promptly to tenant inquiries, maintenance requests, and complaints.
    • Affords assistance with managing lease renewals, move-ins, and move-outs.
    • Enforce lease agreements, community rules, and occupancy standards.
  • Leasing & Occupancy
    • Collaborate on Marketing available units, coordinate property turnover, and screen applicants.
    • Maintain high occupancy levels through effective leasing strategies and retention programs.
    • Ensure compliance with Fair Housing and local leasing regulations.
  • Financial Management
    • Prepare and manage property budgets in collaboration with leadership.
    • Approve invoices, monitor expenses, and report on financial performance.
    • Collect rent, track delinquencies, and initiate legal proceedings for non-payment when necessary.
  • Maintenance Oversight
    • Coordinate with maintenance teams and vendors for timely repairs and capital improvements.
    • Manage preventive maintenance schedules across all sites.
    • Ensure that maintenance issues are addressed efficiently and cost-effectively.
  • Compliance & Reporting
    • Ensure compliance with all local, state, and federal regulations (including housing codes and safety regulations).
    • Maintain accurate records of leases, inspections, maintenance, and financial transactions.
    • Generate reports on occupancy, income, maintenance, and other KPIs for leadership.
  • Vendor & Contractor Management
    • Sources and manages relationships with service providers and contractors.
    • Ensures quality service delivery and adherence to contract terms.
  • Abide by all laws and regulations.

Compensation and Benefits

  • Competitive salary ($105,000) plus 20% performance-based bonus potential (paid quarterly), $100/month for cell phone reimbursement and $175/month for commuting costs.
  • Comprehensive health, dental, and vision insurance plans with a generous employer contribution.
  • 401(k) plan with a generous company match.
  • Generous paid time off and holidays.
  • Eligible to work remotely one day a week.
  • Opportunities for professional development and career advancement within a dynamic and expanding organization.

Required Skills/Abilities

  • Strong time management and organizational skills.
  • Excellent communication and conflict-resolution abilities.
  • Proficient with property management software; knowledge of Yardi is preferred.
  • Basic knowledge of building systems and maintenance processes.

Education and Experience

  • High school diploma or GED required; Associate's or Bachelor's degree in Business, Real Estate, or related field is preferred.
  • 3–5 years of experience in property management, preferably with scattered-site or multifamily portfolios.

Physical Requirements

  • Prolonged periods of sitting at a desk and working on a computer.
  • Must be able to hear well enough to communicate via phone or in person to all internal and external customers.
  • Must be able to communicate clearly and concisely.
  • Normal daily physical activities to include walking, standing, sitting, stooping, bending, pushing and pulling.
  • Must be able to read reports and use computer, phone and other general office equipment.
  • Must be able to perform job functions outdoors, in all weather conditions.
  • Must be able to lift up to 50lbs.
  • Must be able to climb stairs, climb a ladder and walk in construction sites.

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