Portfolio Manager I at Common

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About Common

Common is the nation’s leading residential brand and operating platform that designs, leases, and manages multifamily properties that appeal to today's renters. Through smart design and tech-enabled property management, Common delivers exceptional experiences to thousands of residents in coliving, microunit, and traditional apartments in cities from coast to coast. Founded in October 2015, we are the preferred choice for renters looking for a stress-free apartment from a trusted brand, and for real estate owners seeking reliable, above-market returns. 

We challenge ourselves every day not just to think about ways to make city living better, but to activate those ideas in meaningful ways. Our team is comprised of real estate professionals, designers, engineers, salespeople, marketers, member service representatives, and so much more. We work collaboratively, value self-startership, and embrace a “whatever it takes” mentality to ensure our work is done and done well. Common sits squarely at the intersection between technology and real estate, working every day to build quality residential solutions that bring positive change to the world’s rental housing crisis.

It’s an exciting time to be part of Common’s team. With over 17,500 units signed and under development and over $110 million in global venture capital investment, Common is expanding its reliable, renter-first property operations to 26 cities across the world. 

To follow the latest Common news, get to know our community of residents, and learn about what it’s like to work at Common, you can follow us on Instagram, Linkedin, and Twitter. To see more open roles and hear from Common employees check out our Careers Page

CCPA Notice of Collection

About the Role 

Common is looking for an experienced Regional Property Manager to manage a portfolio of buildings for our institutional clients. You will ensure these properties meet budgeted financial and operational goals by managing onsite Associate Property Managers and collaborating closely with Common’s specialized teams (Sales, Maintenance, Marketing, Accounting). As the primary contact to owners, success in this role requires razor-sharp analytical skills as well as a high EQ. This role will report to the Senior Director of Property Management.

Responsibilities 

  • Prepare annual operating budgets and perform budget projections for all properties.
  • Ensure all required weekly, monthly, and quarterly reports are completed accurately, on-time, and with relevant analyses
  • Act as the primary point of contact with Common’s largest property owners. 
  • Work with stakeholders to implement effective cost control, revenue maximization, and delinquency management systems.
  • Maintain thorough product knowledge of all your properties and their competitors
  • Ensure your buildings perform to targeted performance metrics.
  • Utilize online accounting systems, including but not limited to approving large purchase orders and annual contracts.
  • Ongoing management of onsite Associate Property Managers and constant coordination with cross-functional stakeholders in Maintenance, Sales, Compliance, Leasing, and Accounting.
  • Travel 2-4 times per month to inspect buildings and ensure efficient operations.
  • Help suggest improvements and fixes to make our Property Management process run more efficiently.
  • Willingness to work a flexible schedule including weekends and holidays.
  • Firmly grasp local property regulation nuances. 
  • Other ad hoc projects from time to time

Qualifications

  • Minimum of 7 years as a Residential Property Manager.
  • Minimum of 2 years of leasing experience. 
  • Bachelor's degree or equivalent work experience.
  • WA broker’s license preferred 
  • Working knowledge of building systems.
  • General knowledge of housing authority procedures.
  • Strong knowledge of fair housing rules and regulations.
  • Skilled user of collaboration tools such as G Suite, Slack, and property management software (preferably Yardi).
  • Ability to support and/or manage the eviction process.
  • Ability to collaborate cross-functionally 
  • Strong leadership and mentoring ability.
  • Self-starter is able to work independently with minimal supervision.
  • Strong time management skills with keen attention to detail; organized, methodical approach to execution.
  • Advanced bookkeeping knowledge with the ability to perform general accounting functions.
  • Emotional Intelligence
  • Scrappy and resourceful problem solver
  • A team player with a “can-do” attitude

What We Offer

Common truly values our employees and wants to do everything to ensure that our employees are not only happy and professionally fulfilled, but also that they have the opportunity to be healthy. Because of this, we are committed to providing a number of affordable and valuable health and wellness benefits for our employees such as:

  • Paid vacation and sick time
  • Medical, dental, and vision insurance
  • FSA + HSA options
  • Company-paid life insurance
  • Company-paid STD/LTD
  • Paid parental leave
  • 401k plans

Additional benefits such as equity, paid holidays, commuter transit benefits, job training + development opportunities + a great wellness program are also available. And as always, we are regularly evaluating our offerings to ensure employees' needs are being met.

Common is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations, and ordinances.

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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • JavascriptLanguages
    • RubyLanguages
    • SassLanguages
    • ReactLibraries
    • SidekiqLibraries
    • Next.jsLibraries
    • Ruby on RailsFrameworks
    • GraphqlFrameworks
    • PostgreSQLDatabases
    • RedisDatabases
    • Google AnalyticsAnalytics
    • PeriscopeAnalytics
    • HeapAnalytics
    • FramerAnalytics
    • BalsamiqAnalytics
    • LeanplumAnalytics
    • Monday.comAnalytics
    • JiraAnalytics
    • IllustratorDesign
    • PhotoshopDesign
    • SketchDesign
    • IndesignDesign
    • AsanaManagement
    • TrelloManagement
    • WordpressCMS
    • ContentfulCMS
    • CoscheduleCMS
    • SalesforceCRM
    • MailChimpEmail
    • PardotEmail

Location

In NYC, you can find our team taking meetings in Bryant Park, having happy hours on our terrace, or commuting right out of Grand Central Station!

An Insider's view of Common

What are some social events your company does?

Every Thursday we host the "happiest hour" at 5 PM in our office. This is a great way for teams to mingle and take a break from work while playing chess, checkers, Jenga, etc. with people on other teams over some beer, rosé and mocktails.

Jodi

Senior Manager, Leasing

How has your career grown since starting at the company?

I joined Common as Director of Platform, managing growth and operations at our Noah buildings. During a period of rapid growth, I was asked to assist as an “Interim Portfolio Manager” for a few major property transitions. Two months later, I was promoted to Sr. Director of Property Management! Now I manage property operations for all Common homes.

Calynne

Senior Director of Property Management

How do you empower your team to be more creative?

We strive to create a culture where everyone is encouraged to search for both new ideas and new ways to approach problems. The “why” matters just as much as the “what.” I’ve found this to be critical to my team’s success as we are always trying to identify new opportunities in our underwriting to improve building performance and be more efficient.

Eric

Vice President, Platform

What makes someone successful on your team?

On Common’s marketing team, I love that success means more than just putting your head down and getting the work done. Everyone is empowered and encouraged to take a step back, look at the bigger picture, and decide what’s really important for our consumers to know about us. It allows us to not get too in the weeds and be the best team we can be.

Molly

Associate Director, Brand Marketing

What are Common Perks + Benefits

Common Benefits Overview

Common truly values our employees and wants to do everything to ensure that our employees are not only happy and professionally fulfilled, but also that they have the opportunity to be healthy. Because of this, we are committed to providing a number of affordable and valuable health and wellness benefits for our employees.
And as always, we are regularly evaluating our offerings to ensure employees needs are being met.

Culture
Volunteer in local community
Friends outside of work
Eat lunch together
Intracompany committees
Daily sync
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Pair programming
Open office floor plan
Diversity
Highly diverse management team
Unconscious bias training
Mean gender pay gap below 10%
Hiring Practices that Promote Diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Common offers company-paid life insurance up to 1x your annual salary.
Pet Insurance
Wellness Programs
In office yoga + meditation and discounts + perks.
Team workouts
Mental Health Benefits
Retirement & Stock Options Benefits
401(K)
Company Equity
Child Care & Parental Leave Benefits
Generous Parental Leave
Up to 16 weeks paid leave.
Flexible Work Schedule
Remote Work Program
Family Medical Leave
Return-to-work program post parental leave
Vacation & Time Off Benefits
Generous PTO
Paid Holidays
Common offers 12 company paid holidays + one floating holiday to use as needed.
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Stocked Kitchen
Some Meals Provided
Weekly team lunch provided on Tuesdays!
Happy Hours
In-office weekly bar-cart!
Relocation Assistance
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
Lunch and learns
Cross functional training encouraged
Promote from within
Paid industry certifications
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