Regional Manager (Special Assets) - Austin, TX

Dominium Inc; Austin (TX); On-site; USD 95,000 - 140,000; Full time

Benefits offered by this job

Competitive salary

Bonus program

Benefits package

401(k) plan

Paid time off

Job summary

Dominium is seeking a Regional Manager-Special Assets in Austin, TX to lead stabilization and performance improvement for LIHTC-affordable housing assets. You will supervise Community Managers, coordinate with internal teams, and drive leasing, collections, and compliance across multiple properties.

Reporting to the Regional Director-Special Assets, you will develop and execute turnarounds, monitor NOI and occupancy, and ensure regulatory and lender requirements are met while advancing

Qualifications

• Bachelor’s degree in Real Estate, Business, or related field preferred.
• 3+ years property management experience in multifamily.
• 2+ years supervisory experience overseeing on-site teams.
• Experience in for-profit real estate with financial accountability.
• Familiarity with LIHTC and affordable housing regulations.
• Proficiency with Yardi and MS Office Suite (Excel).

Responsibilities

• Stabilize asset performance through property-level plans.
• Direct supervision and development of on-site Community Managers.
• Perform property assessments and implement corrective actions.
• Oversee leasing, collections, maintenance, and resident relations.
• Ensure LIHTC, HUD, and state requirements compliance.
• Collaborate on budgeting, forecasting, and capital projects.
• Prepare property performance reports for leadership.

Skills

Leadership

Analytical thinking

Communication

Problem solving

Willing to travel

Education

Bachelor's degree in Real Estate/Business

Tools

Yardi software

MS Excel

Job description

Regional Manager (Special Assets) - Austin, TX

Dominium is helping tackle the affordable housing crisis – and we’re looking for motivated candidates to join our team and advance our mission. With offices in Atlanta, Dallas, Phoenix and Minneapolis, Dominium is one of the nation’s most respected and innovative affordable housing development and management companies. We create quality, affordable homes and engage with our residents to foster a strong sense of community and connection.

Join us in making a difference in people’s lives every day at a company where you can challenge yourself to develop both personally and professionally.

POSITION SUMMARY:

The Regional Manager-Special Assets plays a critical hands-on role in supporting the stabilization and performance improvement of a designated portion of Dominium’s portfolio of Special Assets (primarily Low-Income Tax Credit/LIHTC affordable housing properties) across multiple MSAs. Reporting to the Regional Director-Special Assets, this position is responsible for executing day-to-day operational turnaround plans, driving performance at the property level, and directly supervising Community Managers. The role focuses on implementing operational best practices, achieving financial and occupancy targets, ensuring regulatory compliance, and supporting the overall transition of these assets to stable, high-performing operations while delivering on the business plan.

ESSENTIAL FUNCTIONS:

• Executes property‑level stabilization and performance improvement plans for an assigned group of special assets, including operational enhancements, revenue optimization, expense management, and capital project coordination.
• Directs the supervision, coaching, and development of on‑site Community Managers; sets clear performance expectations, conducts regular property visits, and drives accountability for leasing, collections, maintenance, resident satisfaction, and overall property performance.
• Conducts ongoing property assessments and supports the implementation of corrective action plans to address physical, financial, compliance, and market challenges.
• Oversees daily property operations with a focus on leasing and marketing effectiveness, rent collections, vendor management, work order systems, preventive maintenance, and resident relations.
• Ensures full compliance with LIHTC, HUD, state housing finance agency, fair housing, and all lender and investor requirements; promptly addresses and resolves any compliance or audit issues.
• Collaborates with the Regional Director, Accounting, Internal Property Management Enablement Functions, Construction Management, and other internal teams on budgeting, financial forecasting, capital improvement projects, and related initiatives.
• Monitors property financial performance (NOI, occupancy, collections, etc.) and implements timely corrective actions to achieve stabilization targets.
• Builds positive relationships with residents, local stakeholders, housing authorities, and service providers to support community stability and retention.
• Prepares timely property performance reports, dashboards, and updates for the Regional Director and senior leadership.
• Identifies and applies operational best practices and process improvements at the asset level.

QUALIFICATIONS: (Knowledge, Skills, Abilities, Education, Training and Experience.)

• Bachelor’s degree in Real Estate, Business Administration, or a related field preferred; equivalent combination of education and experience will be considered.
• Minimum of 3 years of progressive multifamily property management experience, including at least 2 years in a supervisory role overseeing Community Managers or similar on‑site teams.
• Required experience in a for‑profit real estate environment with accountability for both financial performance and affordable housing compliance.
• Strongly preferred experience with affordable housing programs, including LIHTC and related regulatory requirements.
• Hands‑on experience with property takeovers, repositioning, acquisition/rehabilitation support, or asset stabilization initiatives is strongly preferred.
• Strong financial acumen with the ability to review operating statements, manage property budgets, and drive performance improvements.
• Proficiency with Yardi property management software is required.
• Proficiency in the Microsoft Office Suite, particularly Excel, is required.
• Demonstrated leadership and team development skills, with the ability to motivate teams and hold Community Managers accountable.
• Excellent problem‑solving, analytical, and decision‑making abilities in a fast‑paced environment.
• Strong written and verbal communication skills, including the ability to present effectively to executive leadership.

About Us:Dominium is a purpose-driven leader in affordable housing. We operate in approximately 20 states, supported by a team of over 1,300 dedicated employees. For more than 50 years, we have delivered excellence in the development and management of affordable housing communities across the United States. Dominium’s values – EDGE: Entrepreneurial Innovation, Developing People, Growth Mindset and Execution – guide us in fulfilling our Purpose: to provide quality, affordable housing that builds Enduring Value for our residents, employees, communities and financial partners. We believe housing provides dignity, and our work has a positive, lasting impact on the lives of individuals and families – often for generations. Our properties last for decades, leaving a lasting impact in the communities where they are located.

We offer a competitive salary, an incentive bonus program, training and development programs, career growth and community volunteer and outreach programs. We also provide a comprehensive benefits package for eligible employees, including Basic Life and AD&D; Employee, Spouse and Child Supplemental Life and AD&D; and Short and Long-Term Disability insurance. We also offer Medical, Dental and Vision coverage, with optional Health Savings Accounts, as well as Medical and Dependent Care Flexible Spending Accounts. We offer Voluntary Benefits (Accident, Critical Illness, Whole Life) and an Employee Assistance Program. Additionally, you have access to a 401(K) plan, Health and Financial Wellness Programs, Paid Time Off including Paid Holidays and Floating Holidays, Paid Parental Leave, Education Reimbursement, Employee Recognition and the Dominium Employee Emergency Fund.

Dominium is committed to providing equal employment opportunities to qualified applicants and employees. Dominium prohibits employment discrimination on race, color, creed, religion, national origin, citizenship, sex (including sexual orientation and gender identity), pregnancy, marital status, familial status, status with regard to public assistance, disability, membership or activity in local commission, veteran status, military status, age, genetic information, union membership, use of lawful consumable

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Travel Required

Yes . Ability to travel 65% to assigned properties.

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Licenses & Certifications

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.