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Market Property Manager I

John M. Corcoran & Company
3 days ago
Full-time
On-site
Hanover, Massachusetts, United States
$68,640 - $85,800 USD yearly
Property Manager

Property managers who've spent years working through lease-ups, delinquency cycles, and budget seasons know that stepping into a site leadership role at a company with real institutional depth is a different kind of opportunity. John M. Corcoran & Company has been operating in New England since 1951, and this Market Property Manager I position at Webster Woods in Hanover, MA puts you at the center of day-to-day operations while giving you real exposure to ownership-level strategy conversations.

What the Role Actually Covers

This isn't a leasing manager role with a title bump. You'll oversee administrative, leasing, and maintenance staff, which means your leadership footprint touches every part of the resident experience. On the financial side, you're responsible for rent collection, authorizing corrective or legal action when necessary, and staying close enough to the budget to make sound decisions without constant escalation. You'll also work directly with owner representatives on property performance goals, which is meaningful exposure if you're building toward a regional or asset management track.

Competitive analysis is a real part of this job. JMC expects you to study the surrounding market, understand what comparable properties are offering, and bring informed recommendations to the Senior Property Manager on rental rates, renewal rents, and marketing direction. That kind of market intelligence work compounds well over time. The skills you build reading a submarket and translating it into pricing strategy are exactly what regional managers and asset managers rely on daily.

Annual property audits and preparation for internal and external reviews round out the core responsibilities. If you've ever prepped a property for an owner review or a compliance inspection, you know how much operational discipline that requires across every department.

What JMC Is Looking For

  • Five or more years of property management experience
  • Demonstrated ability to hire, train, and supervise site staff
  • Proficiency in affordable housing compliance (this is a real requirement, not a preference)
  • Comfort with Yardi and Microsoft Office
  • Experience with contract negotiation, capital improvement oversight, and staff performance evaluation

The affordable housing proficiency requirement deserves attention. This role isn't purely market-rate. Candidates who've worked with income-restricted units, tax credit properties, or layered subsidy programs will move through the qualification process faster. If your background is entirely conventional market-rate, be honest with yourself about whether you have the compliance fluency this position requires.

Schedule, Compensation, and Career Context

The schedule runs Tuesday through Saturday, 9 to 5. That's worth factoring into your decision. Saturday coverage is standard in residential property management, but the Tuesday-through-Saturday structure means your "weekend" falls on Sunday and Monday. Some candidates prefer this; others find it difficult to maintain long-term. Know which camp you're in before you accept.

Compensation lands between $68,640 and $85,800, with a $2,500 sign-on bonus. JMC also offers medical, dental, vision, and life insurance, paid time off, holidays, and a 401(k) with a company match.

From a career trajectory standpoint, this role sits at the right level to build toward a Senior Property Manager or Regional Manager position. JMC is clear that many of their team members have grown with the company over decades, which suggests real internal mobility for people who perform. If you're trying to move from site manager to regional, demonstrating that you can run a property with ownership-level accountability, manage a layered staff structure, and contribute meaningfully to budget and strategy conversations is exactly the profile that earns that next step.