What are the responsibilities and job description for the Corporate Portfolio Manager position at L+M Development Partners?
C C Apartment Management LLC is recognized as an industry leader in management and real estate operations. Our team manages the day-to-day operations of over 23,000 residential dwelling units across approximately 400 multi-family buildings throughout the New York Tri-state area. The C C portfolio contains market rate, mixed market rate, affordable and full tax credit/affordable properties.
Our mission is to provide exceptional property management services that meet the diverse needs of our various constituents, including our residents, the local community, government and financing agencies, and the owners of the properties. C C offers a full breadth of management services to improve and enhance a property’s revenue, cost control measures, maintenance, financial reporting, and resident relations.
Transitions
The primary focus of this position is to oversee and direct property transitions in and out of C&C for both accounting and property management functions. We develop, acquire, and sell assets. Each type of deal requires a transition between internal or external department and/or companies.
Responsibilities include, but are not limited to:
Transitions ebb and flow and there will be periods of time where there won’t be any active transitions taking place. During times with no active transitions, there are short- and long-term projects that will need to be implemented for the accounting department. You will be working with the Controller and Director of Accounting to go over projects needed. You will have a fully remote accountant reporting to you to facilitate and assign tasks to. The tasks will relate to increasing department efficiency or filling in gaps if there is a need for the position. Some examples would include reviewing tenant files for accuracy, consolidating vendor profiles, or higher-level projects reviewing big picture data and analytics portfolio wide.
Minimum Education Requirements:
This position consists mainly of light physical work. The position may require exertion of up to 10 pounds of force occasionally to lift, carry, push, pull or otherwise move objects, including the human body. The role involves sitting most of the time.
The incumbent is required to have visual acuity to determine the accuracy and thoroughness of the work assigned or to perform an activity such as: preparing and analyzing data, reviewing data, view computer screens for extended periods of time, extensive reading, etc.
The incumbent may occasionally be subject to noise sufficient to cause the worker to shout in order to be heard above the noise.
Other Duties:
Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of this position. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities of this position at any time with or without notice.
Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of this position. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities of this position at any time with or without notice.
C C offers competitive compensation and benefits and tremendous potential with a growing residential real estate developer/builder organization.
C C is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
Our mission is to provide exceptional property management services that meet the diverse needs of our various constituents, including our residents, the local community, government and financing agencies, and the owners of the properties. C C offers a full breadth of management services to improve and enhance a property’s revenue, cost control measures, maintenance, financial reporting, and resident relations.
Transitions
The primary focus of this position is to oversee and direct property transitions in and out of C&C for both accounting and property management functions. We develop, acquire, and sell assets. Each type of deal requires a transition between internal or external department and/or companies.
Responsibilities include, but are not limited to:
- Oversee and direct property transitions in and out of C&C for both accounting and property management functions
- This includes different transition types such as an acquisition from an external seller, a new development through TCO and leasing, and transitions from a property in development through permanent financing and over to asset management oversite.
- Create and maintain project checklist to verify that transition tasks are completed timely and accurately
- This role will require you to work with a multitude of different departments including but not limited to; accounting, IT, asset management, property management, leasing, banking, compliance, construction, sellers, buyers, outside agencies, and lenders to fully coordinate the proper onboarding or offloading of the asset.
- Each respective deal will have its own requirements, and it will be your responsibility to review the org charts, managing agreement, operating agreements, and speak with each team for their requirements to ensure we have a smooth transition. Some deals require an analysis at a specified period (ex 9-month analysis and true-up between buyers and sellers) and you will be involved with the deal until all criteria for the transition are met.
- Interface with outside owners/property managers to ensure transition documents are sent or received quickly to avoid delays in the process. This will include filing grants, applications, and utility and compliance items needed for the property.
- Develop core transition checklist by working with individual department heads to ensure that specific transition needs are met. You will be leading high level weekly meetings for all assets transitioning in and out as well as smaller meetings for each specific transition.
Transitions ebb and flow and there will be periods of time where there won’t be any active transitions taking place. During times with no active transitions, there are short- and long-term projects that will need to be implemented for the accounting department. You will be working with the Controller and Director of Accounting to go over projects needed. You will have a fully remote accountant reporting to you to facilitate and assign tasks to. The tasks will relate to increasing department efficiency or filling in gaps if there is a need for the position. Some examples would include reviewing tenant files for accuracy, consolidating vendor profiles, or higher-level projects reviewing big picture data and analytics portfolio wide.
Minimum Education Requirements:
- Bachelor’s degree
- 3 years of comparable experience
- Knowledge of transitions, acquisitions, development deals
- Strong finance, accounting, or legal background preferred
- Strong knowledge of Excel and general computer skills, required
- Must demonstrate strong organization skills and ability to work with people
- Great teamwork and communication skills
- Knowledge of Yardi, preferred
This position consists mainly of light physical work. The position may require exertion of up to 10 pounds of force occasionally to lift, carry, push, pull or otherwise move objects, including the human body. The role involves sitting most of the time.
The incumbent is required to have visual acuity to determine the accuracy and thoroughness of the work assigned or to perform an activity such as: preparing and analyzing data, reviewing data, view computer screens for extended periods of time, extensive reading, etc.
- This role frequently requires the incumbent to grasp, engage in repetitive movements with the wrist, hands, and fingers, typing for extended period of time.
- The role also requires incumbent to talk and hear, expressing or exchanging ideas by means of spoken work and the ability to receive detailed information through oral communication, and to make distinctions in sound.
The incumbent may occasionally be subject to noise sufficient to cause the worker to shout in order to be heard above the noise.
Other Duties:
Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of this position. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities of this position at any time with or without notice.
Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of this position. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities of this position at any time with or without notice.
C C offers competitive compensation and benefits and tremendous potential with a growing residential real estate developer/builder organization.
C C is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
