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Venstar, LLC

Multi-family and Commercial Property Manager

Career Insights for Property Manager

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What they do

A Property Manager manages operations for an apartment building or complex. Recruits and screens tenants for apartments, collects rents and security deposits, responds to requests or complaints from tenants, supervises maintenance and repairs; oversees payment of bills, insurance, taxes and recordkeeping. Manages property and services on behalf of a community association, for properties such as condominiums or cooperatives. Collects fees or dues, responds to requests or complaints, supervises maintenance, oversees work done by contractors, and provides accounting of income and expenses. May also assist owners or a board of directors with regulatory compliance or compliance with community association rules. Manages the operation of commercial or residential properties. Oversees the collection of rents and payment of bills, taxes and insurance for properties, and provides property owners with reports on finances and the status of properties. Directs leasing operations, or equipment and machinery rentals, for a company or business. Determines charges and prepares rental or lease agreements; supervises inventory, equipment maintenance and recordkeeping for leasing operations.

$70,689 / year median in Minnesota

+10% projected growth

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Job Description

Multi-family and Commercial Property Manager Venstar, LLC Bloomington, MN Job Details Full-time $65,000 - $80,000 a year 1 hour ago Benefits AD&D insurance 401(k) Paid time off Flexible schedule Qualifications Teamwork Writing skills Process improvement Bachelor's degree Attention to detail Property management company experience Time management
Full Job Description Job Title:
Multi-Family & Commercial Property Manager Position Summary Venstar, LLC is seeking a Multi-Family and Commercial Property Manager to oversee all aspects of property operations. Venstar is a 25-year-old, female-owned, boutique firm based in Bloomington, Minnesota, offering a flexible work schedule, depending on the candidate. The role requires initiative, strong organizational, writing, and time management skills, as well as the ability to travel one to two times per month within 1.5 hours of Bloomington. The ideal candidate is highly motivated, self-disciplined, and able to work independently while contributing effectively as part of a collaborative, low-drama team. Portfolio consists of 200,000 square feet of commercial office, retail, and warehouse buildings as well as a new 80 unit apartment building being constructed in downtown Rochester and Phase 1 of a 300 unit apartment complex in Mankato slated to begin construction in Q1 2028. This position offers a unique opportunity to work closely with ownership on the growth of the company's portfolio. Key Responsibilities Multi-family Property Management Proven ability to manage tenant relations in a multifamily residential environment, with a focus on customer service and resident satisfaction. Familiarity with multifamily operations, including leasing workflows, resident retention strategies, and maintenance coordination. Experience collaborating with on-site leasing and maintenance teams within a multifamily setting. Familiarity with or desire to learn multifamily development, including the creation and implementation of operational processes and procedures, is a plus Commercial Property Management Build and maintain strong, positive relationships with tenants by addressing needs promptly and in accordance with company policies and lease obligations. Conduct routine property inspections and coordinate maintenance and repair activities with vendors, contractors, and on-site personnel. Source, solicit, and negotiate vendor proposals to ensure cost-effective and high-quality services. Oversee and evaluate the performance of all service contractors to ensure compliance with service standards and contractual requirements. Review, code, approve, and process invoices and payments in alignment with established budgets and financial procedures. Support annual budgeting and quarterly review process and complete Common Area Maintenance (CAM) reconciliations. Maintain organized and accurate property documentation, including leases, lease abstracts, contracts, and files. Keep up-to-date records of building floor plans, available square footage, and "as-built" and construction drawings. Coordinate tenant move-ins and move-outs, ensuring smooth transitions and adherence to procedures. Identify and implement cost-saving initiatives to improve operational efficiency and reduce expenses. Assist with capital improvement projects and tenant fit-outs. Qualifications 5+ years of commercial and/or multi-family real estate property management experience Proficiency with Yardi or similar property management software Strong knowledge of budgeting, CAM reconciliations, and financial reporting Highly organized, detail-oriented, and able to manage multiple priorities independently Bachelor's degree in Real Estate, Business, Finance, or a related field
Compensation & Benefits Pay:
$65,000-80,000 depending on experience.
Job Type:
Full-time, with flexibility for a Monday-Thursday 32 hour/week schedule, if desired. Paid time off, sick leave, vacation, holidays Matching IRA contribution Company paid short term, long term and AD&D disability
Pay:
$65,000.00 - $80,000.00 per year
Benefits:
401(k) Flexible schedule
Education:
Bachelor's (Required)
Work Location:
In person