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Community Manager - Catalyst

ABOUT GREYSTAR

Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing, logistics, and life sciences sectors. Headquartered in Charleston, South Carolina, Greystar manages and operates more than $315 billion of real estate in 250 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages more than 1,000,000 units/beds globally, and has a robust institutional investment management platform comprised of more than $78 billion of assets under management, including over $36 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.

JOB DESCRIPTION SUMMARY

Manages the day-to-day operations of an assigned property including managing the team members, daily activities, and resources of the property to achieve established budgeted financial and operational goals, and ensures that the operation of the property complies with Company policies and procedures, Fair Housing, Americans with Disabilities Act, Fair Credit Reporting Act, and other laws and regulations governing multi-family housing operations.

JOB DESCRIPTION

  • Provides input into the development of budget(s) for the property by analyzing and evaluating financial statements, reviewing current and projected marketing information, and accessing operational reports that establish historic and predict performance patterns. 
  • Meets targeted revenues by setting rent rates, ensuring rent and fees are collected and posted in a timely manner, making financial bank deposits, and preparing and reviewing monthly financial status reports. 
  • Approves invoices from vendors, contractors, and service providers for payment by reconciling work performed or products purchased, ensuring validity of certificates of insurance, coding charges to appropriate Chart of Account codes, and managing communication between the vendor/contractor, accounting, and the client/owner as needed.   
  • Controls expenditures by staying within the constraints of the approved budget and manages the balance and maintenance of the petty cash fund. 
  • Oversees the lease enforcement process by approving prospective resident applications, discounts and renewal leases, conducts periodic apartment inspections, follows proper notice requirements, evicts residents, and imposes and collects late fees and other charges as allowable and stated in the terms of the lease. 
  • Gathers, analyzes, and interprets current market and economic trends that may impact the property and implements short- and long-range marketing and leasing strategies to achieve the property’s occupancy and revenue goals. 
  • Promotes resident satisfaction and retention by responding to complaints, questions, and requests in a timely manner, and taking appropriate action to resolve and address service issues.   Ensures the property’s maintenance team members comply with the Company’s standards with respect to responding and completing resident service requests. 
  • Conducts regular property inspections and takes appropriate actions to ensure that the physical aspects of the property, grounds, buildings, and amenities meet established standards for safety, cleanliness, and general appearance and appeal.  
  •  Community Manager Supervises property staff by interviewing, hiring, orienting, and training employees, and manages their performance in accordance with Company policies, values, and business practices.
  • Assists in managing the client/owner relationship by meeting with the owners, conducting property tours, providing updates and information about the property’s performance, and responding to owner requests as needed.

#LI-DM1

The salary range for this position is $85,000 - $90,000

Additional Compensation:

Many factors go into determining employee pay within the posted range including business requirements, prior experience, current skills and geographical location.

  • Corporate Positions: In addition to the base salary, this role may be eligible to participate in a quarterly or annual bonus program based on individual and company performance.

  • Onsite Property Positions: In addition to the base salary, this role may be eligible to participate in weekly, monthly, and/or quarterly bonus programs.

Robust Benefits Offered*:

  • Competitive Medical, Dental, Vision, and Disability & Life insurance benefits. Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.

  • Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays. Plus your birthday off after 1 year of service! Additional vacation accrued with tenure.

  • For onsite team members, onsite housing discount at Greystar-managed communities are available subject to discount and unit availability.

  • 6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).

  • 401(k) with Company Match up to 6% of pay after 6 months of service.

  • Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).

  • Employee Assistance Program.

  • Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.

  • Charitable giving program and benefits.

*Benefits offered for full-time employees. For Union and Prevailing Wage roles, compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority.

Greystar will consider for employment qualified applicants with arrest and conviction records.

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CEO of Greystar
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Average salary estimate

$87500 / YEARLY (est.)
min
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$85000K
$90000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Community Manager - Catalyst, Greystar

As a Community Manager at Catalyst in Chicago, IL, you’ll be at the forefront of enhancing resident experience and maximizing property performance. Your role will involve managing daily operations of our vibrant property, including overseeing team members and coordinating various activities to meet our budget goals. You’ll contribute to developing budgets by analyzing financial statements and market trends, ensuring we stay competitive and prosperous. A big part of your job will be ensuring rents and fees are collected timely, managing vendor relationships, and approving transaction invoices. You will ensure compliance with all relevant laws and regulations while maintaining positive relations with both residents and owners. Imagine using your problem-solving skills to address residents' concerns quickly and effectively while conducting regular property inspections to keep our standards high. Additionally, you’ll play an integral role in our marketing strategies to achieve occupancy and revenue targets while promoting a sense of community. By supervising team members, conducting interviews, and managing day-to-day performance, you will foster a positive work environment that reflects our corporate values. This position includes a competitive salary ranging from $85,000 to $90,000, plus an array of benefits designed to support your long-term wellbeing and career growth. If you’re someone passionate about community building and have a knack for property management, we’d love to have you on the Catalyst team!

Frequently Asked Questions (FAQs) for Community Manager - Catalyst Role at Greystar
What are the main responsibilities of a Community Manager at Catalyst?

The Community Manager at Catalyst is responsible for managing daily operations, including overseeing the property team, ensuring compliance with company policies, and achieving financial goals. This role involves analyzing budgets, collecting rents, maintaining vendor relationships, and promoting resident satisfaction through effective communication and problem-solving.

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What qualifications do I need to become a Community Manager at Catalyst?

To be considered for the Community Manager position at Catalyst, candidates typically need a background in property management or a related field, strong leadership skills, excellent communication abilities, and a solid understanding of relevant laws and regulations governing multi-family housing operations. Experience in financial management will also be advantageous.

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How does a Community Manager at Catalyst enhance resident satisfaction?

A Community Manager at Catalyst enhances resident satisfaction by promptly addressing complaints, questions, and requests. This role involves implementing effective communication strategies, overseeing maintenance requests, conducting regular property inspections, and ensuring a clean, safe, and appealing environment for all residents.

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What are the opportunities for career growth for a Community Manager at Catalyst?

At Catalyst, Community Managers have multiple pathways for career development, including advancing to regional management or corporate roles. With Greystar’s commitment to employee growth and a robust training program, there are ample opportunities to develop new skills and advance within the organization.

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What type of benefits can I expect as a Community Manager at Catalyst?

Community Managers at Catalyst can expect a comprehensive benefits package that includes competitive medical, dental, and vision insurance, generous paid time off, a 401(k) with company match, paid parental leave, an employee assistance program, and many more perks aiming to support overall well-being.

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Common Interview Questions for Community Manager - Catalyst
What strategies do you use to ensure the property remains financially viable?

To ensure financial viability, I analyze financial statements, monitor occupancy rates, implement budgeting strategies, and engage in proactive marketing efforts to attract potential residents. This includes regularly reviewing and adjusting rent rates based on current market trends.

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How do you handle resident complaints effectively?

I prioritize open communication, actively listen to residents’ concerns, and take immediate actions to resolve issues. This can include collaborating with maintenance teams and providing residents with timely updates to demonstrate that their satisfaction is my priority.

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How would you foster a sense of community among residents?

To foster a sense of community, I would organize resident events, encourage feedback through surveys, and facilitate communication through newsletters or social media groups, making sure residents feel valued and connected to one another.

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Can you explain how you would manage vendor relationships?

I manage vendor relationships by maintaining open lines of communication, establishing clear expectations, and negotiating terms that ensure value for both the property and the vendor. Regular check-ins and performance evaluations are key to nurturing these relationships.

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What is your approach to property inspections?

My approach involves conducting regular and comprehensive inspections to assess the property’s condition. This includes checking maintenance needs, cleanliness, and safety features, which helps in planning necessary repairs and maintaining high standards.

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How do you adapt to changes in housing regulations?

I stay proactive in adapting to changes in housing regulations by attending training sessions, networking with industry professionals, and regularly reviewing updates from regulatory bodies, ensuring compliance and minimizing risks.

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What steps do you take to motivate your team?

To motivate my team, I focus on clear communication of expectations, providing constructive feedback, recognizing achievements, and fostering an inclusive environment that encourages professional development.

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Describe a time you managed a difficult situation with a resident.

In a past role, I encountered a situation where a resident was unhappy with maintenance delays. I took the time to meet with them, listened to their concerns, communicated with maintenance for a prompt resolution, and followed up thereafter to ensure their satisfaction.

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What marketing strategies have you found effective in enhancing occupancy rates?

I have found that leveraging social media, hosting open houses, and forming partnerships with local businesses can be effective marketing strategies. Additionally, utilizing data analytics to target advertising efforts can attract more prospective residents.

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How do you prioritize tasks in a busy property management environment?

I prioritize tasks by assessing urgency and impact, utilizing tools such as to-do lists and project management software, and delegating responsibilities to my team where appropriate to ensure that all operations run smoothly.

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Greystar was founded in 1993 with just under 9,000 unites under management and has grown to be the Global Leader in Rental Housing by: - Providing industry-leading services for institutional owners and investors globally. - Establishing a las...

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Full-time, on-site
DATE POSTED
April 5, 2025

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