Stephen Karas Email & Phone Number

Managed team of ten employees engaged in property management operations of a 246 unit residential complex and ensuring long-term profitability.Responsibilities include:Oversaw tenant selection, lease management and accounting.Tenant relationship management and complex problem resolution.Supervised an office staff consisting of an assistant manager and leasing agent.Supervised the maintenance staff and delegated all service requests submitted.Administered all daily work delegations to office employees.Served as liaison for internal and external vendors.Served as office administrator of the Onesite Property Management system through RealPage.Developed and maintained internal databases utilized as monthly tenant accounting portfolio tracking. Curated and administered a successful leasing program increasing occupancy rates, resulting and maintaining an occupancy rate averaging between 98 and 99.6% occupied.

Tenant selection, lease management, accounting, tenant relationships,supervision of office staff and maintenance staff

Provided property management for multi-complex residential community. Properties consisted of one 39 unit complex and one 18 unit complex (while working in commercial real estate).Responsibilities and accomplishments include:Pre-leased apartments 40% of the time.Collected rents including generating delinquency reports and issuing Three Day NoticesServed as the liaison for all works with contractors and overseeing the daily maintenance of the complexes. Performed light maintenance duties.Prepared vacant units for leasing within designated timeframes.Maintained good tenant retention. With an above average rate of 90% of tenants remaining 3 to 5 years.

Responsible for the management of three office buildings, a retail center and the supervision of building personnel.Responsibilities and accomplishments include:Re-negotiated vendor contracts resulting in reduced costs and increased N.O.I.Established new security procedures and implemented a new security system at a high rise building reducing security weaknesses and improving tenant confidence.

Responsible for the management of all major bank-owned , jointly owned and master leased buildings to maximize profitability.Reduced operating expenses by 15% ($3,000,000) in one year by re-negotiating vendor contracts and auditing building operations which resulted in energy savings and reduced staff.Motivated staff, stretching, challenging and cross-training resulting in higher productivity and better team work.Negotiated leases which resulted in optimum rates and increased income.