Portfolio Manager at Iskalo Development Corp | NY, US | Rezi

Portfolio Manager at Iskalo Development Corp

Portfolio Manager

Iskalo Development Corp · NY, US

3 days ago

Portfolio Manager

Iskalo Development Corp · NY, US

4 days ago
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About the Role

This Portfolio Manager owns the financial performance, tenant relationships, and lease administration for a portfolio that includes a flagship residential building, well-renovated single family homes, and commercial properties. The role is structured to allow focus on financial performance, tenant relationships, residential leasing, and portfolio strategy, supported by dedicated Facility Managers and a Tenant Services & Vendor Contracts Manager.

Responsibilities

  • Prepare and manage annual operating and capital budgets for assigned properties.
  • Review monthly financial performance against budget and investigate variances.
  • Prepare CAM reconciliations for commercial properties.
  • Monitor rent collection and AR aging, engaging tenants on aged balances.
  • Approve property level expenditures within delegated authority.
  • Serve as the primary tenant relationship owner for assigned properties.
  • Partner with the assigned Facility Manager on property condition and maintenance.
  • Conduct routine property inspections to ensure company quality standards.
  • Enforce lease terms including insurance requirements and use restrictions.
  • Respond to tenant complaints and lease compliance issues.
  • Market available residential units, respond to inquiries, and conduct showings.
  • Screen prospective residential tenants.
  • Prepare residential leases and amendments.
  • Coordinate unit turnovers including make-ready, cleaning, and re-leasing.
  • Conduct move-in and move-out inspections and manage security deposits.
  • Manage residential renewal cadence.
  • Report on residential leasing matters including occupancy, turnover, and aging AR.
  • Maintain current knowledge of NY State landlord-tenant law, fair housing, and local ordinances.
  • Ensure required documentation for disclosures.
  • Maintain organized property files, lease records, and financial documentation.
  • Utilize property management, work order, and project management platforms.
  • Prepare monthly and quarterly portfolio operating reports.
  • Work with the assigned Facility Manager on day-to-day property operations.
  • Coordinate with the Tenant Services & Vendor Contracts Manager on tenant service requests and vendor contracts.
  • Coordinate with our Construction Department on tenant fit-outs and capital projects.
  • Partner with Accounting on financial reporting accuracy and AR collections.

Requirements

  • 5+ years of residential property management experience, including direct management of multi-unit residential buildings.
  • Strong working knowledge of NY State residential landlord-tenant law, fair housing requirements, and local Williamsville-area ordinances.
  • Direct experience with residential leasing including marketing, screening, lease preparation, and unit turnover.
  • Experience managing operating and capital budgets, variance analysis, and financial performance.
  • Familiarity with commercial property management (lease administration, tenant relations, CAM reconciliations).
  • Excellent written and verbal communication skills.
  • Highly organized with the ability to manage multiple priorities and competing deadlines.
  • Ability to build effective working relationships with tenants, vendors, and internal stakeholders.
  • Proficiency in Microsoft Office and property management platforms.
  • Valid New York State driver's license; travel between properties required.
  • Ability to work in both office and field environments.

Skills

  • Property Management
  • Financial Performance Management
  • Tenant Relationship Management
  • Lease Administration
  • Residential Leasing
  • Portfolio Strategy
  • Budget Management
  • Variance Analysis
  • CAM Reconciliations
  • Rent Collection
  • Tenant Screening
  • Lease Preparation
  • Unit Turnover Coordination
  • Security Deposit Management
  • NY State Landlord-Tenant Law
  • Fair Housing Requirements
  • Microsoft Office Proficiency
  • Corrigo
  • Procore

Location

  • Western New York
  • Williamsville
  • North Buffalo

Work Type

  • Hybrid
  • Office
  • Field

Experience Level

  • 5+ years of residential property management experience

Education Level

  • Bachelor's degree in real estate, business, or a related field (Nice to have)
  • CAM (Certified Apartment Manager) designation (Nice to have)
  • ARM designation (Nice to have)
  • CPM designation (Nice to have)
  • New York real estate salesperson license (Nice to have)
  • New York real estate broker license (Nice to have)

Salary/Compensations

  • $72,000 to $90,000 per year
  • Performance bonus tied to occupancy, NOI, and tenant retention

Benefits

  • Health insurance
  • Dental insurance
  • Vision insurance
  • Paid time off
  • 401(k)
  • Mileage reimbursement

About the Company

  • Iskalo Development Corp. is a Western New York commercial real estate company with a diverse portfolio across the region.
  • Assets include Class A office buildings, light industrial, retail centers, medical office, and multifamily properties throughout WNY communities.

Equal Opportunity

  • Iskalo Development Corp. is an equal opportunity employer.
  • We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other protected characteristic.