Regional Property Manager

MSB Resources; Washington (District of Columbia); On-site; USD 100,000 - 125,000; Full time

Job summary

An established industry player is seeking a Market Rate Regional Property Manager to lead property management for a diverse portfolio in Washington, DC. This role requires a seasoned professional with over ten years of experience in managing multifamily properties, ensuring financial performance through effective budgeting and analysis. The ideal candidate will possess strong leadership skills, a thorough understanding of regulatory compliance, and the ability to develop marketing strategies that attract and retain tenants. Join a dynamic team where your expertise will drive operational excellence and enhance the living experience for residents.

Qualifications

• 10+ years of experience managing multiple properties.
• Strong knowledge of multifamily financial processes and analysis.

Responsibilities

• Oversee management of mixed-income properties and ensure financial performance.
• Train and develop site team talent and conduct performance reviews.

Skills

Property Management

Financial Analysis

Team Building

Project Management

Customer Service

Communication Skills

Analytical Skills

Tools

MS Office

Yardi

Job description

The Market Rate Regional Property Manager will oversee all aspects of property management for a portfolio of multifamily properties located in Washington, DC and suburban Maryland.

Responsibilities

1. Oversee the management of a portfolio of mixed-income properties.
2. Ensure strong financial performance of multifamily portfolio by creating accurate annual budgets and property business plans, reviewing monthly financial statements, reporting on monthly budget variances, and providing business planning solutions to achieve financial and operational goals.
3. Supervise Property Managers to evaluate and analyze property performance from an operational and financial perspective.
4. Ensure compliance with all federal, state, and local laws and regulations, including all fair housing laws.
5. Oversee the site team to prepare for site inspections, file reviews, and regulatory compliance.
6. Train and develop site team talent. Provide guidance and resolution to issues requiring escalation beyond Property Managers.
7. Conduct semi-annual performance reviews of site team personnel.
8. Inspect properties on a routine basis to ensure cleaning, maintenance, repairs, and capital projects are being carried out in accordance with company policies and the annual business plan.
9. Conduct periodic internal file reviews to ensure compliance procedures are followed.
10. Maintain a working knowledge of the marketplace and work with site teams to differentiate properties from the competition.
11. Serve as a thought leader on regulatory changes and industry trends.
12. Collaborate with marketing team to promote properties and fill vacancies, developing marketing strategies to attract and retain tenants.

Requirements

1. Minimum 10 years’ experience managing multiple properties.
2. Strong working knowledge of multifamily financial processes/analysis.
3. Understanding of apartment revenue management concepts and solutions.
4. Thorough understanding of budgeting and the ability to read, analyze and interpret financial statements and spreadsheets.
5. Computer proficiency including MS Office and Yardi.
6. Proven track record in team building and effective performance management.
7. Solid analytical and reasoning skills with the ability to define problems, collect data, establish facts and draw valid conclusions.
8. Ability to operate independently and with a team to plan, manage and execute in all areas of property management.
9. Knowledge of relevant federal, state, and local legislation and regulations.
10. Ability to travel to the properties on a daily/weekly basis.
11. Excellent verbal and written communication skills.
12. Skills in project management and customer service.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Strategy/Planning, Management, and General Business