Regional Property Manager (Indianapolis, IN)

About the role

The Regional Property Manager oversees a portfolio of properties with approximately 2000 units in multiple locations. They oversee Property Managers, Senior Property Managers, and Multi-Site Property Managers within their portfolio.

Responsibilities

• Ensures each property meets or exceeds its financial performance targets and ownership objectives.
• Oversees Property Managers, Senior Property Managers, and Multi-Site Property Managers.
• Hires, coaches, and develops employees.
• Manages diverse types of multi-family communities including new construction, conventional, student housing, LIHTC and HUD projects.
• Manages marketing, lease-ups, rehab, and repositioning assets.
• Manages financial reporting, budget planning, expense monitoring, and profit and loss responsibility of properties.
• Manages expense controls and implements initiatives to achieve a 45% Operating Expense Ratio.
• Implements annual budget process.
• Maintains property curb appeal and asset preservation.
• Develops and implements action plans for under-performing assets.
• Works with compliance to manage regulatory agencies and execute follow-up.
• Communicates with owners/clients and ensures accuracy of owner reporting packages.
• Recruits, selects, trains, supervises, and counsels management staff.
• Manages employee relations and administers appropriate action.
• Manages employee relation issues with Human Resources.
• Manages best pricing through bid process for supplies and services, as well as cap ex managed by Property Management.
• Reviews EEO and EHO complaints and works with in-house legal counsel in managing property related litigation.
• Partners with support groups to manage the portfolio, including Accounting, Marketing, IT, HR, Development, Construction, Compliance, and Operations.
• Develops, completes, and distributes all reports in a timely fashion.
• Manages and executes cap ex plans.

Requirements

• Minimum of seven years of progressive property management experience managing a portfolio of at least 1500 units in multiple markets.
• Minimum of five years of successful supervisory experience including managing a large team, senior or multi-site managers.
• Strong background in managing diverse types of multi-family communities including new construction, conventional, student housing, LIHTC and HUD projects.
• Experience in financial reporting, budget planning, expense monitoring, and profit and loss responsibility of properties.
• Excellent computer skills, with emphasis on Microsoft Office; Yardi, P2P and LRO.