Elevate Your Property Management Career with Velair!

Area Property Manager – Tax Credit (LIHTC)

We are seeking a highly motivated, experienced Area Property Manager to oversee multiple properties, mentor and lead on-site teams, and ensure exceptional financial and operational performance across a portfolio of properties (Area of Responsibility).

Regular Schedule: Monday - Friday, 8:00 AM - 4:30 PM, with occasional work outside of standard business hours as required by business needs.

Salary Range: $31.00 per hour, dependent on experience.

Annual Clothing Allowance: $200 per year for use at the Velair Clothing Store within the designated shopping period.

Cell Phone Reimbursement: Velair provides associates $60 per month for the business use of their smartphone.

Essential Duties and Key Responsibilities

• Supervise and mentor Property Managers within your assigned portfolio to ensure operational excellence, policy compliance, and team development.
• Drive financial performance by optimizing rent collection, managing budgets, and ensuring timely reporting.
• Implement proactive marketing strategies to maximize occupancy and minimize vacancy loss across your properties.
• Conduct property inspections, monitor work order response times, and ensure adherence to Fair Housing laws and Velair policies.
• Onboard, train, and coach property management staff, ensuring they are proficient in systems like Yardi, Rent Café, and InspectCheck.
• Foster positive relationships with residents by responding to inquiries promptly and ensuring high-quality customer service.
• Address and resolve operational challenges, escalated resident concerns, and compliance issues in a timely manner.
• Ensure accuracy in Yardi records, oversee property budgets, and ensure all financial and compliance audits meet company and regulatory standards.
• Conduct weekly meetings with Property Managers to review occupancy trends, leasing goals, and overall performance.
• Act as the point of contact for emergencies, ensuring timely and effective resolution of critical issues across the assigned portfolio.
• Other duties as assigned.

About You

To be successful in this role, you should have the following skills and experience:

• Strong ability to mentor, train, and oversee a portfolio of properties.
• Expertise in LIHTC, HOME, and other affordable housing programs.
• Hands-on experience with Yardi, Rent Café, and other property management systems.
• Ability to analyze budgets, manage financial performance, and optimize operating income.
• Strong decision-making skills to address operational challenges and resident concerns.
• Strong verbal and written communication skills in English.
• Ability to create a welcoming and professional environment for residents and staff.

Education & Certifications

• Required: High school diploma or equivalent.
• Preferred: 2- or 4-year degree in business, real estate, or a related field.
• Certifications: ARM, COS, TCS, RAM, Licensed Real Estate Agent, or similar credentials required.

Professional Experience

• Minimum of 3 years’ experience in property management, or 1 year as a successful Senior Property Manager at Velair.
• Proven leadership experience managing multi-site portfolios and training property management teams.

Additional Requirements

• Valid driver’s license & insurance with the ability to travel between properties.
• Commitment to career growth through Velair-supported training and development opportunities.
• Ability to support multiple sites and respond to property needs as necessary.
• Personal cell phone required for business use (monthly reimbursement provided).

Physical Requirements

• Ability to lift 30 pounds and conduct regular property inspections, including walking stairs.
• Primarily indoor work, with occasional outdoor responsibilities as needed.
• Some overnight travel required (up to 25%).

About Us
At Velair Property Management, our mission is to "delight residents and communities by providing exceptional homes and service." Our success is not only measured financially but also by the longevity of our employees, the warm reception from the communities we serve, and the satisfaction of residents who choose Velair as their home.

The Velair Way defines how we serve, grow, and succeed together. It’s a philosophy rooted in both our people and our processes, reflecting our company’s character in everything we do.

We believe in educating, encouraging, and empowering our team members. We support work-life balance, maintain an open-door policy, offer mentorship programs, and provide endless opportunities for learning and advancement. If you're hard-working, reliable, energetic, and fun-loving, we’d love to have you join our team!

Employee Benefits

• Paid Time Off: 15 days of Paid Time Off (PTO), 9 paid holidays, 2 floating holidays.
• Retirement & Insurance: 401(k) with company matching, medical, dental, vision, life, and disability insurance.
• Additional Benefits and Financial Perks: Supplemental compensation, referral bonuses, professional development programs, and career advancement support.

What Our Employees Say: “Once you work for Velair, you never want to leave. Everyone here is part of a family. There’s a strong support system, and this is the first company where I truly feel valued.” – Current Property Manager

Equal Opportunity Employer Statement: Velair Property Management is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Location: Rochester, MN

Apply today and become a valued member of the Velair family!