Regional Asset Stabilization Manager

Socket.dev; Cleveland (OH); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

12 Paid Holidays

Paid Time Off (2 weeks)

Health Insurance

401(k)

Job summary

GoldOller Real Estate Investments seeks a Regional Manager, Receivership Portfolio to lead stabilization of distressed multifamily assets. You will drive takeovers, establish operations, and implement recovery plans across multiple properties while coordinating with lenders, ownership, and attorneys.

You will manage life-safety, compliance, staffing, and reporting, rebuilding teams and systems as needed. The role requires strong leadership, decisiveness, and travel.

Qualifications

• Minimum 5 years of Community Manager experience required.
• Regional Property Manager or multi-property management experience preferred.
• Experience with distressed, underperforming, newly acquired, or complex multifamily assets preferred.
• Experience with property takeovers, transitions, operational stabilization, or rebuilding property operations preferred.
• Strong knowledge of multifamily property operations, including leasing, collections, maintenance, staffing, budgeting, and compliance.

Responsibilities

• Lead receivership and distressed-asset takeovers, including transition planning, takeover agendas, operational assessments, and stabilization plans.
• Assess each property's immediate operational needs and establish clear priorities and action plans.
• Develop property-level recovery plans with measurable goals for occupancy, collections, leasing velocity, staffing, unit readiness, and compliance.
• Manage multiple assets simultaneously, recognizing that each property may be at a different stage of takeover, stabilization, compliance remediation, or disposition.
• Coordinate appraisals, inspections, court requirements, lender requests, and other asset-specific milestones.
• Quickly identify operational risks and elevate matters that could impact resident safety, compliance, asset value, lender expectations, or court requirements.
• Establish core property operations following takeover, including property management systems, online leasing, websites, payment processing, resident communication channels, and reporting infrastructure.
• Restore leasing operations and develop strategies to improve occupancy and leasing velocity.
• Conduct regular vacant-unit walks and prioritize units based on condition, leasing potential, cost, and operational urgency.
• Rebuild make-ready and turnover capacity through vendors, temporary labor, maintenance resources, and phased vacant-unit strategies.
• Monitor occupancy, collections, vacancy, leasing activity, unit readiness, and other key performance indicators.
• Assist with budgets, financial monitoring, operational planning, and expense management across the portfolio.
• Implement strategic initiatives and action plans aligned with property and company goals.
• Monitor property tasks and initiatives through systems such as Monday.com.
• Partner with senior leadership on operational initiatives, contracts, capital needs, and property strategy.
• Manage business licensing, certifications, inspections, municipal requirements, code violations, and other regulatory matters.
• Coordinate the resolution of significant life-safety and deferred-maintenance issues, including elevators, boilers, fire systems, roofs, HVAC systems, environmental concerns, balconies, and other critical building systems.
• Prioritize capital and repair needs based on resident safety, regulatory exposure, operational impact, and available funding.
• Monitor compliance with applicable laws, regulations, company policies, and property requirements.
• Identify and address risks that could impact residents, employees, property operations, or asset value.
• Assess and retain inherited employees where appropriate while identifying staffing gaps and rebuilding property teams.
• Recruit and coordinate temporary staffing and other resources needed to stabilize operations.
• Coach, mentor, and develop Community Managers and site teams.
• Establish clear expectations, goals, accountability, and performance standards.
• Conduct interviews, performance evaluations, and growth planning while addressing performance concerns through appropriate documentation and support.
• Develop site-level leadership capabilities and support employee growth and succession planning.
• Ensure new hires receive appropriate onboarding, training, and support.
• Coordinate staffing to ensure properties have the resources needed to operate effectively.
• Review and unwind inherited vendor contracts, technology agreements, access-control systems, security arrangements, service contracts, and other obligations from prior ownership or management.
• Source and manage vendors and temporary resources needed to support property stabilization.
• Oversee critical repairs and deferred-maintenance projects through completion.
• Conduct regular property inspections and vacant-unit walks to identify operational priorities.
• Monitor and approve purchase orders and expenses in accordance with company procedures and applicable requirements.
• Ensure emergency procedures and critical property needs are addressed promptly.
• Lead large-scale delinquency and collections strategies, including eviction prioritization, payment-plan decisions, legacy balance reviews, and write-off recommendations.
• Partner closely with attorneys regarding evictions, court proceedings, resident disputes, legal-aid matters, resident associations, and other receivership-related legal issues.
• Monitor delinquency and collections performance and implement action plans to improve results.
• Oversee escalated resident concerns, grievances, lease terminations, and legal matters.
• Maintain strong resident communication while navigating complex financial, operational, and legal circumstances.
• Ensure resident-related activities are handled in compliance with applicable laws and company policies.
• Prepare and deliver recurring reporting to lenders, receivers, ownership, executive leadership, and other stakeholders.
• Report on occupancy, collections, leasing, staffing, capital needs, compliance issues, and stabilization progress.
• Provide clear and timely updates regarding property conditions, risks, completed initiatives, and recommended next steps.
• Collaborate with senior leadership, lenders, receivers, ownership, attorneys, vendors, and other stakeholders.
• Maintain accurate operational, financial, compliance, and receivership documentation.

Skills

Effective leadership, communication, &

Strong problem-solving & analytical

Proficient with property management软件

Willingness to travel

Valid driver’s license

Education

Bachelor’s degree in business, management, real estate, or related field

Cam/ CAPS or related certifications preferred

Tools

Property management software

Job description

GoldOller Real Estate Investments seeks a Regional Manager, Receivership Portfolio to lead stabilization of distressed multifamily assets. You will drive takeovers, establish operations, and implement recovery plans across multiple properties while coordinating with lenders, ownership, and attorneys.

You will manage life-safety, compliance, staffing, and reporting, rebuilding teams and systems as needed. The role requires strong leadership, decisiveness, and travel.