Regional Manager
Indexed description
What You'll Do
Leadership & Team Development
- Provide strong leadership, coaching, and support to on-site property teams.
- Establish clear written goals and performance objectives (occupancy, collections, work orders, income/expenses, NOI) and monitor progress.
- Conduct regular property visits and monthly performance check-ins; complete formal annual evaluations.
- Ensure properties are appropriately staffed and collaborate with Recruiting to fill open positions.
- Foster a positive work environment through recognition, feedback, and mentorship while ensuring HR policies and disciplinary actions are followed.
- Oversee budgeting, forecasting, and monthly financial reporting for each property.
- Review and approve reclasses, accruals, financial statements, and variance notes.
- Lead client financial review meetings and quarterly reforecasting.
- Partner with Property Managers to create annual budgets and comprehensive capital expenditure plans; review and approve CapEx proposals and vendor contracts.
- Conduct bi-monthly property inspections to ensure curb appeal, building maintenance, and policy compliance.
- Review dashboards, delinquency reports, work orders, and expense reports to confirm accuracy and adherence to budget.
- Verify preventive maintenance schedules, property licenses, and permits are current and compliant with regulations.
- Collaborate with Marketing to implement leasing and advertising plans that drive occupancy and revenue.
- Handle escalated resident concerns and ensure timely resolution.
- Maintain clear, consistent communication with property owners, providing weekly reports and operational updates.
- Participate in ownership meetings to present performance results and recommend strategies to increase NOI.
- Identify and propose capital improvement projects in line with client goals and budget considerations.
- (***LIHTC / Affordable experience***)
- Minimum of 5+ years of experience in property management, including multi-site or regional experience.
- Proven experience managing diverse property types, such as garden-style, mid-rise, mixed-use, or affordable housing communities.
- Experience working with affordable housing programs such as LIHTC, HUD, or Section 8.
- Proficiency with property management software such as Yardi, RealPage, or equivalent property management platforms.
- Demonstrated leadership ability with a strong focus on team development and performance management.
- Proven financial acumen, including experience with property budgeting, forecasting, and financial reporting.
- Exceptional communication and interpersonal skills, with the ability to build strong relationships with clients, team members, and external vendors.
- Experience with sustainability initiatives or green building certifications (e.g., LEED).
- Thorough understanding of Fair Housing laws and local/state property regulations.
- Proficient in Microsoft Excel, with the ability to analyze and interpret data effectively.
- Bilingual skills a plus.
- May require occasional lifting (up to 25 pounds) during inspections or office setups.
- Prolonged periods of standing and walking during property visits.
- Bachelor’s degree in business administration, Real Estate, or a related field preferred.
- Equivalent professional experience may be considered in lieu of formal education.
- Certified Apartment Manager (CAM), Certified Property Manager (CPM), Accredited Residential Manager (ARM), or similar industry certification.
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