Edgar S. Ascencion
Magnolia
Summary
Bilingual Property Manager with over 16 years of experience managing diverse real estate portfolios. Proven expertise in strategic planning, budgeting, marketing, project management, and cost-effective measures to maximise asset values and drive revenue growth, with an excellent customer service mindset.
Overview
25
25
years of professional experience
1
1
Certification
Work History
Property Manager
Exponential Property Management
Richmond
08.2025 - Current
- Oversee a portfolio of four properties, managing day-to-day operations to ensure optimal performance, tenant satisfaction, and preparing the asset for sale to new investors.
- Successfully implemented lease-up strategies that resulted in an above 90% increase in occupancy rates within 6 months or less.
- Managed distressed properties, leading rehabilitation efforts that improved property conditions, increased tenant retention, and addressed any risk management issues.
- Conducted regular property inspections, and coordinated maintenance and repair services to uphold property standards.
Property Manager
Jet Lending, LLC
Houston
01.2025 - 07.2025
- Managed day-to-day operations of 4 company portfolios in South and East Texas and acted as a liaison between investors & owners. Managed conventional tenants, Section 8, Housing Choice Voucher, and private organizations.
- Manage all aspects of managing single and multi-family properties, including tenant relations, rent collections, legal and account reconciliation, financial reporting, marketing, prospect screening, and reviewing TAA or TREC lease agreements.
- In-person inspection of each property to maintain value and upkeep or address any lease violations. Direct construction projects or rehabs and negotiate bids with contractors or vendors.
Property Manager
Monarch Investment and Management Group
Burnsville
09.2024 - 12.2024
- Analyzed financial statements and operational reports to develop budgets, ensure timely rent collection, and prepare financial reports. To maintain 96% occupancy on a 350-unit asset.
- Implemented cost-saving initiatives, reducing maintenance expenses, increasing Google rating, and reducing marketing costs.
- Oversaw the lease enforcement process, including applications, renewals, inspections, and resident communication. Promoted resident satisfaction by responding promptly to inquiries and complaints.
Floating Property Manager
Goldmark Property Management
Saint Louis Park
11.2023 - 09.2024
- Oversee daily affairs of several properties throughout Minneapolis Minnesota acting as interim manager in times of transition, distressed, absence, or vacancy.
- Perform audits implement improvements in operations and train on-site team members to perpetuate company standards.
- Communicate relevant information between the corporate office and property teams to ensure immaculately smooth communication and alignment in performance.
- Help increase occupancy above 92% and lower delinquency to 2% for underperforming communities. Helped with property acquisitions and due diligence processes.
Property Manager
Jet Lending, LLC
Houston
06.2017 - 10.2023
- Managed day-to-day operations of 4 company portfolios in South and East Texas and acted as a liaison between investors & owners. Managed conventional tenants, Section 8, Housing Choice Voucher, and private organizations.
- Manage all aspects of managing single and multi-family properties, including tenant relations, rent collections, legal and account reconciliation, financial reporting, marketing, prospect screening, and reviewing TAA or TREC lease agreements.
- In-person inspection of each property to maintain value and upkeep or address any lease violations. Direct construction projects or rehabs and negotiate bids with contractors or vendors.
- Asset / Project manager overview of any new investment property received by the owner for rent, sale, and rehab cost.
Property Manager
Bethany Investment, LLC
Houston
09.2009 - 06.2017
- Assisted in due diligence by conducting file audits and unit inspections.
- Facilitated onboarding of new properties and staff.
- Take over distressed assets by reducing operating expenses, increasing occupancy above 93%, and following SOP on delinquency, marketing, renewals, and controlling quarterly maintenance expenses.
- Implemented an in-house make-ready program by reducing the use of outside vendors for repairs.
- Met or exceeded all delinquency goals - average delinquency less than 3% and represented property owner or investor in court.
General Manager
Bally Total Fitness
Houston
05.2001 - 09.2009
- Managed daily operations of the Fitness Center, such as vendor management, equipment purchase, membership sales, and promotions and retention.
- Identified revenue, collections, and activity goals, comparing past and projected revenues to marketing goals, increasing year-to-year revenue by 20%.
- Oversaw development of a 6-member sales team by promoting results-driven processes.
Education
Real Estate
Champion School of Real Estate
Houston, Tx05-2021
Some college -
High school diploma or GED -
Skills
- Revenue management
- Managing property management teams
- Balance sheet creation
- Microsoft Office
- Task assignment
- Administrative experience
- Real estate law
- Developing strategic business plans
- Accounting and finance experience
- Real estate administrative experience
- Multifamily management
- Vendor management
- Marketing
- Contract negotiation
- Maintenance
- Social media management
- Renovation
- Lease or rental agreement management
- Employee evaluation
- Business development
- Team development
- Accounting software
- Multifamily properties
- Sales development management
- Construction management
- Project scheduling
- Expense reports
- Social media marketing
- Vendor relationship management
- Property management
- Conflict management
- Employment & labor law
- Lead generation
- Financial management
- Financial report writing
- Accounts payable
- Project coordination
Certification
• Certified Property Manager
• Certified Personal Trainer
• Driver's License
• Certified Personal Trainer
• Driver's License
Languages
- Spanish
- English, Fluent
- Spanish, Fluent
Willing To Relocate
- Houston, TX
- Austin, TX
- San Antonio, TX
Timeline
Property Manager
Exponential Property Management
08.2025 - Current
Property Manager
Jet Lending, LLC
01.2025 - 07.2025
Property Manager
Monarch Investment and Management Group
09.2024 - 12.2024
Floating Property Manager
Goldmark Property Management
11.2023 - 09.2024
Property Manager
Jet Lending, LLC
06.2017 - 10.2023
Property Manager
Bethany Investment, LLC
09.2009 - 06.2017
General Manager
Bally Total Fitness
05.2001 - 09.2009
Real Estate
Champion School of Real Estate