Cara Giordano
Property Manager at Century Management Services Inc. (NY)- Claim this Profile
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Bio
Credentials
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Real Estate Broker - Broker Of Rec, Off, Partnership & Corp
State of New JerseyNov, 2015- Nov, 2024
Experience
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Century
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United States
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Real Estate
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1 - 100 Employee
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Property Manager
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Sep 2021 - Present
• On site manager for 244 luxury units in Downtown Jersey City • Managing a staff of 14 employees including a super, handymen, porters and concierge • Work closely with the developer to resolve transition and warranty related issues • Creating resolutions, addendums to governing documents with legal • Act as a proxy between Board of Trustees and Residents • Address day to day activities of condominium associations • Analyze profit and loss reports for Board of Trustees. Highly familiar with P&L statements, cash flow, income/expenses, collections, and comparative analysis reports • Monthly meetings with board of trustees to discuss and analyze financial health • Development of annual financial plans tailored to meet each properties' needs using previous years financial information, vacancy analytics, and cost benefit analysis • Creating annual budgets; comparing projections to actuals (variance analysis) • Leading the board in making financial decisions, such as opening investment accounts, reserve contributions evaluating project costs/ urgency. • Educate board on governing documents, reserve and deferred maintenance studies • Leading the install of 35 electric vehicle charging stations in the parking garage • Work with super to maintain variable refrigerant volume (VRV) HVAC units, mixing valves, and other building mechanicals. • Working with the association engineer and attorney on transition from the developer. • Hiring and managing various vendors including but not limited to landscaping, pool, window cleaning, roof anchor inspectors, HVAC, plumbing and fire protection. • Choose landscaping design for the property • Choose holiday décor • Work with various committees- carry out related tasks • Over-see and coordinate maintenance projects • Enforce bylaws/rules of association • Create welcome packets for the residents • Address resident complaints • Determine legal action for residents in collections • Supply monthly management report to board of trustees
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The Giordano Group
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Belleville, New Jersey
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Real Estate Broker
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May 2016 - Present
• Represent buyers, sellers and renters in commercial and residential real estate Transactions • Notable brokered commercial transactions include the sale of a funeral home, several multifamily complexes ranging from 3-24 units, vacant land re-zoned for apartments and complex warehouse space • Listed/sold many high-end single-family homes • Worked closely with contractors and developers during residential transactions on the buyer’s behalf • Oversee administrative operations, including ensuring all transactions and employees are in compliance with the current ethics and the Department of Banking and Insurance’s current legislation • Property marketing • Maintaining the business operating and trust accounts
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Integra Management
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Mount Arlington, New Jersey
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Property Manager
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Sep 2016 - Sep 2021
•On site/portfolio manager- 710 units total (commercial and residential condominiums) •Community Locations: Paterson NJ, Lincoln Park, NJ, Parsippany, NJ, Essex Fells, NJ, Montvale, NJ, Morristown, NJ and Short Hills, NJ •Partnered with major developers •Managing the operations of large-scale communities with clubhouses, pools, golf courses, parking garages and other amenities. •Act as a proxy between Board of Trustees and Residents •Analyze profit and loss reports for Board of Trustees. Highly familiar with P&L statements, cash flow, income and expenses, collections and comparative analysis reports •Monthly meetings with boards of trustees to discuss and analyze financial health including budgeting •Collections analysis responsibility on a monthly basis for property owners and condo associations. •Handled evictions and collections work and also work with attorneys as a liaison to handle delinquent payments. •Development of annual financial plans tailored to meet each properties' needs using previous years financial information, vacancy analytics, and cost benefit analysis •Creating annual budgets for properties; comparing projected to actuals (variance analysis) •Decreasing the risk in what are deemed as high-risk sites from insurance companies •Hiring vendors- working with 100+ concurrently and ensuring they stay on budget with timely performance of services and deliverables •Coordinate maintenance projects throughout community •Involvement in several large-scale construction projects: oDrainage, regrading oCollapsed structure rebuild oClub house interior renovation oCommon area vestibule renovation oParking garage leaking joint repairs oTruss (main support beam) replacements •Allocating CAM charges and conducting reconciliations •Enforce bylaws and rules of association •Address resident complaints •Determine legal action regarding residents in collections •Supply monthly management reports to board of trustees •Guide associations through developer transition
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Giordano Management
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Belleville, New Jersey
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Director of Operations
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Jun 2007 - Jan 2019
• Provided full representation of landlords in all capacities • Managed commercial, residential rental and industrial properties. Property styles include apartments, retail, office, mixed use and industrial • Conducted daily meetings with my property team. • Completing monthly financial reports • Variance Reporting • Operating forecasting • Operating accruals • Cap ex forecasting • Cap ex accruals • Accounts Receivable • Vacancy Reporting • Escalation Reports • Property status (repairs, projects, approvals) • Profit and Loss Statements • Accounts payable/accounts receivable • Work with attorneys for collections when needed • Budgets • CAM Reconciliations • Lease agreements, renewals and abstracts • Onboarding of new properties: Lease abstracts/analysis, budget creation, preventative maintenance walkthroughs, tenant onboarding, CAM pooling • Directly engaged with tenants in person and through various forms of communication • Closely worked with landlords to ensure properties were performing on target with their financial projections and budget. • Property Inspections • Manage all task delegation, coordinating of repairs, selection of contractors and overseeing construction and repair projects • Capital Projects: vendor selection, financial and physical project monitoring. • Past Projects: buildouts, sprinkler system upgrade, gut rennovations, new garage doors, mold remediation, plumbing, paving, HVAC, structure demolition/ remediation, wall pack light replacements, UST removal/remediation
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Education
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2004 - 2009
Caldwell University
Bachelor's degree, Political Science and Government
Community
