Regional Property Manager - Owned Assets

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. This role involves developing and implementing effective property management strategies, ensuring high tenant satisfaction, and optimizing financial returns for property owners. The Regional Property Manager plays a crucial role in coordinating and leading property management teams, collaborating with various stakeholders, and maintaining a strong understanding of the real estate market trends in the region.

Responsibilities

• Ensures that the portfolio and individual communities meet the established operational, financial, and business performance goals by inspecting properties, reviewing financial, market, and operational reports, and developing and implementing appropriate action plans to achieve results.
• Collaborates with CMs to ensure that the portfolio and individual communities meet the established operational, financial, and business performance goals.
• Collaborates with regional support services leaders committed to improving asset and team performance.
• Takes ownership of and implements local and national operational initiatives, championing change and ensuring proper adoption of revised protocols at all properties.
• Oversee and manage budgets, ensuring that 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.
• Ensure optimal occupancy rates through targeted leasing efforts.
• Oversee maintenance programs to ensure properties are well-maintained and in compliance with regulations.
• 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

• 5+ Years of Related Experience
• Position eligible for Quarterly Percentage bonuses.

Qualifications

• Bachelor’s/Master’s degree from an accredited college or university preferred in Business, Real Estate, or related fields.
• Proven experience in a leadership role with managing diverse properties.
• Proficiency in using property management software (preferably Yardi and/or Real Page), word processing, spreadsheet, and database management applications to complete and produce required reports and other employment documents.
• Strong financial acumen and analytical skills.
• Excellent communication and team management skills.
• In-depth knowledge of real estate laws, regulations, and market trends.
• Abilities to create and manage stakeholder relationships.

Specialized Skills

• Real Estate license required in specific markets, otherwise preferred.
• Industry certifications (e.g. CPM, CAPS, CAM, etc.) also preferred.

Pay

The salary range for this position is $145,000 - $160,000. Additional Compensation: Many factors go into determining employee pay within the posted range including business requirements, prior experience, current skills and geographical location. Corporate Positions: In addition to the base salary, this role may be eligible to participate in a quarterly or annual bonus program based on individual and company performance. Onsite Property Positions: In addition to the base salary, this role may be eligible to participate in weekly, monthly, and/or quarterly bonus programs.

Benefits

• Competitive Medical, Dental, Vision, and Disability & Life insurance benefits.
• Generous Paid Time off.
• Employee Assistance Program.
• Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.
• Charitable giving program and benefits.