Regional Property Manager

Samazon Staffing; Town of Texas (WI); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

401(k) plan

Paid time off

Voluntary medical, dental, and vision

Company-paid life and disability

Job summary

Samazon Staffing is seeking a Regional Asset Manager for a receivership-focused firm based in Dallas or Houston, with travel to St. Louis, MO; Louisville, KY and Oklahoma. The role oversees distressed multifamily assets and coordinates with court-appointed receivers and third-party managers to stabilize operations and maximize value.

You will lead site inspections, lender reporting, capital projects, and exit strategies, requiring CRE experience, finance acumen, and strong leadership.

Qualifications

• Bachelor's degree in finance, real estate, business administration, or a related discipline.

Responsibilities

• Partner with the receiver to evaluate issues at distressed properties, including site visits to document deferred maintenance and life-safety concerns.
• Collaborate with the court-appointed receiver to assume operational control and verify insurance; engage third-party property management services.
• Oversee a portfolio of distressed multifamily assets, addressing deferred maintenance, stabilizing operations, and enhancing asset value.
• Prepare comprehensive lender reports following property takeover, including vacancy assessments and summaries of operational challenges.
• Work with third-party property management teams to improve occupancy, tenant retention, and rental income.
• Identify, scope, and prioritize capital improvement projects to protect asset value and tenant satisfaction.
• Conduct regular site inspections to evaluate conditions, verify compliance, and assess third-party management performance.
• Serve as primary contact for lender and counsel, providing updates and documentation.
• Develop and execute exit strategies for each asset toward successful sales.

Skills

Financial analysis

Asset management

Property management

Leadership

Communication

Team coordination

Data-driven decisions

Regulatory knowledge

Stakeholder management

MS Office

Yardi

Education

Bachelor's degree in finance, real estate, business administration, or related discipline

Tools

Yardi

Job description

Growing receivership firm looking for a Regional based in Dallas or Houston with travel to St. Louis, MO; Louisville, KY and Oklahoma.

5800 units with growth over next 36 months.

• Partner with the proposed receiver to evaluate potential issues at distressed properties, including discreet site visits to document deferred maintenance and life-safety concerns.
• Collaborate with the court-appointed receiver to assume operational control of the property and associated bank accounts; verify insurance coverage (GL/Property/Umbrella) and engage third-party property management services.
• Oversee a portfolio of distressed multifamily assets during receivership, focusing on resolving deferred maintenance and life-safety issues, stabilizing operations, and enhancing asset value in preparation for sale.
• Prepare comprehensive lender reports following property takeover, including vacant unit condition assessments, unit-turn pricing, exterior property condition evaluations, and summaries of key operational challenges such as tenant delinquency, bad debt, and outstanding payables.
• Work closely with third-party property management teams to improve occupancy, tenant retention, rental income, and overall operational efficiency.
• Identify, scope, and prioritize capital improvement projects to protect asset value and enhance resident satisfaction.
• Conduct regular site inspections to evaluate property conditions, verify compliance, and assess third-party management performance.
• Serve as a primary point of contact for the lender and lender's counsel, providing ongoing updates, guidance, and documentation related to property status.
• Develop and execute exit strategies for each asset, typically involving repositioning the property for a successful sale.

Education, Experience, and Skills:

• Bachelor's degree in finance, real estate, business administration, or a related discipline.
• 3+ years of experience in commercial real estate investment, asset management, or property management.
• Prior experience in asset management or a comparable role within the multifamily or commercial real estate sector.
• Strong understanding of multifamily operations, market dynamics, leasing practices, and value-add strategies.
• Broad knowledge of commercial real estate trends, lease structures, property management principles, and applicable legal considerations.
• Proficiency in analyzing financial and operational data, identifying trends, and making data-driven recommendations.
• Demonstrated ability to lead, coordinate, and motivate third-party property management teams toward performance objectives.
• Familiarity with receivership processes, court requirements, and regulatory frameworks.
• Excellent communication and interpersonal skills, with the ability to effectively interact with lenders, investors, legal counsel, property managers, tenants, and internal stakeholders.
• Proficiency in Microsoft Office (Excel, PowerPoint, Word) and Adobe Acrobat.
• General working knowledge of property management software platforms such as Yardi.

Competitive compensation and a full range of benefits.

• 401(k) plan
• paid time off (holidays, vacation, and sick leave)
• voluntary medical, dental, and vision insurance
• company-paid life and disability coverage