Regional Property Manager
Indexed description
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Key Responsibilities
Operational Management
- Oversee day-to-day operations of multiple properties, ensuring efficiency and adherence to company policies and procedures.
- Conduct regular property visits to monitor performance, appearance, and compliance.
- Collaborate with Property Managers to ensure the timely completion of maintenance and capital improvement projects.
- Develop, review, and manage annual budgets for properties within the portfolio.
- Monitor revenue goals, control expenses, and ensure financial targets are met or exceeded.
- Analyze financial reports and implement strategies to optimize NOI (Net Operating Income).
- Recruit, train, and mentor Property Managers and on-site staff, fostering professional growth.
- Conduct performance reviews, provide feedback, and address performance-related issues promptly.
- Promote a culture of collaboration, accountability, and excellence.
- Address escalated tenant concerns and ensure high levels of tenant satisfaction.
- Implement resident retention strategies to minimize turnover.
- Ensure leasing and marketing strategies are effectively executed.
- Ensure compliance with federal, state, and local laws, including fair housing regulations.
- Monitor risk management policies and procedures to mitigate liability.
- Ensure properties adhere to health and safety standards.
- Provide regular updates to executive leadership regarding property performance and strategic initiatives.
- Compile reports on occupancy rates, leasing activity, budget variances, and other key metrics.
- Lead weekly WOC calls with RVP (occupancy, collections, financial reviews, property challenges).
- Conduct monthly property visits with RVP to ensure RM visits follow protocol.
- Complete monthly and quarterly BVR reviews with RVP.
- Initially weekly visits for 8 weeks or until property is 95% stable for a month.
- Once stable, biweekly visits or weekly if occupancy is below 90%.
- Flexibility required depending on unique property needs.
Requirements
Qualifications
- Minimum of 4 years’ experience in multi-family property management, with regional oversight strongly preferred.
- Strong organizational and managerial skills with the ability to lead, motivate, and hold teams accountable.
- Proven success in achieving operational and financial goals.
- Excellent communication, problem-solving, and decision-making skills.
- Knowledge of Fair Housing laws, landlord/tenant regulations, and property compliance standards.
- Ability to travel throughout the Florida region as needed.
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