Director of Property Management

Aszkenazy Development Inc

San Fernando, CA, USA

Published: 6/14/2022

Real Estate

Full Time

Job Description

About ADI

Aszkenazy Development, Inc. (ADI) is a real estate management company, and developer based in San Fernando, California, with over 35 years of experience. Our commitment starts with our people. We value our team, foster a close-knit and collaborative environment, and cultivate a culture where employees genuinely care for one another and the company.

Our growing portfolio includes over 200 residential units across nine apartment buildings, including affordable housing, and more than 30 commercial properties with over 150 commercial tenants. Our diverse properties include multifamily residential, office and medical office, retail, flex/industrial, special event properties, and land. We also provide third-party property management services.

About the Position

We are seeking an experienced, hands-on Director of Property Management to lead the daily operations, financial performance, maintenance, and overall management of our residential and commercial portfolio.

The ideal candidate will be a proactive leader with strong experience in property operations, financial management, commercial lease administration, preventive maintenance, and team supervision. This individual must be capable of managing multiple properties, controlling expenses, overseeing employees and contractors, and resolving operational and tenant-related issues.

The Director will work closely with ownership, accounting, compliance, and construction teams to protect property assets, improve financial performance, and maintain high operational standards.

Key Responsibilities

Portfolio Operations: Oversee daily operations across residential, commercial, and third-party managed properties, establishing priorities, conducting inspections, and maintaining consistent property standards.
Staff Leadership: Supervise property management, facilities, and lease administration teams; coordinate with the Operations Supervisor to establish work schedules, performance expectations, training, and accountability.
Financial Management: Develop and manage annual operating budgets, review financial statements, monitor expenses and variances, and forecast maintenance, capital improvements, and replacement costs.
Rent Collection & Financial Oversight: Monitor rent collections, delinquencies, payment arrangements, tenant charges, and operating costs; coordinate corrective actions with accounting and management.
Commercial Lease Administration: Oversee lease renewals, rent increases, options, insurance requirements, tenant obligations, and CAM/NNN reconciliations.
Residential Leasing & Compliance: Oversee vacancies, leasing, renewals, inspections, unit turnovers, and move-in readiness; coordinate affordable housing compliance with designated staff.
Maintenance & Property Improvements: Oversee preventive maintenance, work orders, property inspections, building repairs, janitorial services, landscaping, and capital improvement projects.
Vendor & Contractor Management: Oversee vendor proposals, contract negotiations, service agreements, contractor performance, and project completion to ensure quality, cost efficiency, and adherence to schedules.
Tenant Relations: Oversee responses to residential and commercial tenant concerns, resolve escalated issues, and implement proactive solutions to recurring property problems.
Risk Management: Oversee emergency response coordination, incident documentation, insurance claims, safety concerns, and property-related corrective actions.
Systems & Operational Improvements: Maintain accurate property records in Yardi, establish efficient operating procedures, and improve work order tracking, employee accountability, job costing, and tenant billbacks.
Ownership Reporting: Provide regular updates on property performance, budgets, staffing, maintenance, capital needs, operational concerns, and recommended improvements.
Property Onboarding: Oversee the transition of new property management assignments, including tenant records, financial balances, vendor contracts, inspections, and operating procedures.

Qualifications/Requirements

Minimum 7 years of progressive property management experience, including oversight of multiple properties and supervision of employees.
Demonstrated experience managing both commercial and multifamily residential properties; experience with mixed-use portfolios preferred.
Proven ability to develop and manage operating budgets, analyze financial statements, monitor expenses, and implement cost controls.
Strong understanding of commercial lease administration, CAM/NNN reconciliations, rent collections, and tenant financial obligations.
Experience overseeing residential leasing, tenant relations, unit turnovers, and property operations.
Strong knowledge of preventive maintenance, building inspections, capital improvements, and major building systems, including HVAC, plumbing, electrical, and roofing.
Experience managing maintenance personnel, administrative teams, outside contractors, and multiple service providers.
Ability to evaluate vendor proposals, negotiate contracts, manage project budgets, and ensure quality work is completed on schedule.
Working knowledge of California landlord-tenant laws, fair housing requirements, building codes, and property safety regulations.
Experience with affordable housing or LIHTC compliance is preferred.
Proficiency with Microsoft Excel and property management software; Yardi Voyager experience strongly preferred.
Strong leadership, communication, negotiation, organizational, and problem-solving skills, with the ability to manage competing priorities independently.
Ability to establish accountability, monitor employee performance, and proactively identify and resolve operational issues.
Desire to work in a family office environment with direct involvement and close collaboration with ownership.
Must reliably commute to our San Fernando office and travel regularly between assigned properties, including responding to urgent matters when necessary.
California real estate license and bilingual English/Spanish skills preferred.

\nCompany Description

Aszkenazy Development is a leading development firm specializing in multifamily residential projects and commercial infill developments, with a focus on delivering high-quality buildings on time and within budget. Our mission is to deliver safety, quality, and productivity, ensuring our clients feel safe, comfortable, and confident.