Regional Property Manager - Los Angeles

Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $300 billion of real estate in more than 265 markets globally. Greystar is the largest operator of apartments in the United States, managing over one million units/beds globally.

About the role

This role is responsible for overseeing and managing the overall performance and profitability of a portfolio of properties within a designated region. It involves developing and implementing effective property management strategies, ensuring high tenant satisfaction, and optimizing financial returns for property owners. The Regional Property Manager coordinates and leads property management teams, collaborates with various stakeholders, and maintains a strong understanding of real estate market trends in the region.

Schedule

Monday - Friday

Responsibilities

• Ensure the portfolio and individual communities meet established operational, financial, and business performance goals by inspecting properties, reviewing financial, market, and operational reports, and developing action plans to achieve results.
• Collaborate with Community Managers (CMs) to meet performance goals for the portfolio and individual communities.
• Work with regional support services leaders to improve asset and team performance.
• Implement local and national operational initiatives, championing change and ensuring adoption of revised protocols at all properties.
• Oversee and manage budgets, ensuring financial targets are met or exceeded.
• Prepare and present regular reports on property performance, financial metrics, and market trends to ownership and senior management.
• Foster positive relationships with tenants and address their concerns promptly; implement tenant retention programs to minimize turnover and vacancy rates.
• Collaborate with leasing teams to develop and implement effective marketing strategies to ensure optimal occupancy rates.
• Oversee maintenance programs to ensure properties are well-maintained and in compliance with regulations.
• Ensure properties meet the company’s and owner’s standards through routine site and safety inspections; communicate concerns and requests for capital improvements.
• Implement preventative maintenance plans to extend the life of assets.
• Stay current with local, state, and federal regulations affecting property management; ensure properties comply with all relevant codes, laws, and regulations.
• Identify and mitigate potential risks related to property management and ensure appropriate insurance coverage.
• Conduct market research and analysis to identify opportunities for property improvement and stay ahead of market trends.

Requirements

• 3-5+ years of regional property manager experience required.
• Budget and financials experience required.
• Bachelor’s or Master’s degree from an accredited college or university preferred in Business, Real Estate, or related fields.
• Proven experience in a leadership role managing diverse properties.
• Proficiency in property management software (preferably Yardi and/or RealPage), word processing, spreadsheet, and database management applications.
• Strong financial acumen and analytical skills.
• Excellent communication and team management skills.
• In-depth knowledge of real estate laws, regulations, and market trends.
• Ability to create and manage stakeholder relationships.
• Minimum of 3 years of relevant experience.
• Real Estate license required in specific markets; otherwise preferred.
• Industry certifications (e.g., CPM, CAPS, CAM) preferred.

Pay

The annual salary range for this position is $130,000 - $165,000/year (Los Angeles, CA). Additional compensation may include participation in a quarterly or annual bonus program based on individual and company performance.

Benefits

• Competitive Medical, Dental, Vision, and Disability & Life insurance benefits.
• Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
• Generous Paid Time Off: 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays. Additional vacation accrued with tenure; birthday off after 1 year of service.
• 6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).
• 401(k) with Company Match up to 6% of pay after 6 months of service.
• Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).
• Employee Assistance Program.
• Critical Illness, Accident, Hospital Indemnity, Pet Insurance, and Legal Plans.
• Charitable giving program and benefits.
• Onsite housing discount at Greystar-managed communities (subject to discount and unit availability).

Benefits are offered for full-time employees. For Union and Prevailing Wage roles, compensation and benefits may vary due to Collective Bargaining Agreements or local governing authority.