Regional Property Manager - Multifamily lease-up

WMFHA; Indianapolis (IN); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Performance Bonus

Job summary

WMFHA is seeking a hands-on Regional Property Manager to oversee multifamily operations across Central Indiana and lead the lease-up of a newly constructed 72-unit market-rate community in Shelbyville. The role requires strong new-construction lease-up experience, 3+ years in multifamily management, and the ability to build high-performing teams, optimize NOI, and deliver solid occupancy performance.

This position offers a competitive salary with a performance bonus and room to grow within an

Qualifications

• New-construction, market-rate multifamily lease-up from pre-leasing through stabilization.
• 3+ years of progressive multifamily property management experience.
• Experience managing a large apartment community, multiple properties, or a portfolio.
• Strong leasing, sales, marketing, and occupancy-management skills.
• Knowledge of property financials, budgets, rent collections, vendor management, and NOI.
• Proven ability to lead teams and maintain accountability.
• Familiarity with property management software and performance reporting.
• Ability to travel regularly among Central Indiana properties.

Responsibilities

• Lead pre-leasing, opening, lease-up, and stabilization of a new apartment community.
• Develop leasing and marketing strategies to achieve 95% occupancy at stabilized properties.
• Manage multifamily operations across multiple Central Indiana communities.
• Monitor occupancy, rental rates, collections, renewals, vacancies, and resident retention.
• Build relationships with local employers, business organizations, and community leaders to generate leasing opportunities.
• Manage leasing pipelines, prospect follow-ups, tours, applications, and lease conversions.
• Oversee property budgets, operating expenses, vendor contracts, and NOI performance.
• Coach and hold property managers, leasing teams, and maintenance personnel accountable for results.
• Maintain property standards, coordinate maintenance, and improve unit-turnaround times.
• Prepare weekly performance reports and recommend solutions to ownership.

Skills

Leasing skills

Sales ability

Marketing strategy

Occupancy management

Property financials

Budgets

Rent collections

Vendor management

NOI knowledge

Team leadership

Tools

Property management software

Job description

Regional Property Manager

Location: Indianapolis, IN (Central Indiana)

Job Type: Full-Time | On-Site

We are seeking a hands‑on Regional Property Manager to oversee multifamily apartment operations across Central Indiana and lead the lease‑up and stabilization of a newly constructed 72-unit market‑rate apartment community in Shelbyville.

This role is ideal for an experienced Senior Property Manager, Multi‑Site Manager, or Lease‑Up Manager ready to take ownership of portfolio performance, develop high‑performing teams, and contribute to a growing real estate investment and management company.

New‑construction, market‑rate multifamily lease‑up experience is required.

Key Responsibilities

• Lead the pre‑leasing, opening, lease‑up, and stabilization of a new apartment community.
• Develop leasing and marketing strategies to achieve 95% occupancy at stabilized properties.
• Manage multifamily operations across multiple Central Indiana communities.
• Monitor occupancy, rental rates, collections, renewals, vacancies, and resident retention.
• Build relationships with local employers, business organizations, and community leaders to generate leasing opportunities.
• Manage leasing pipelines, prospect follow‑ups, tours, applications, and lease conversions.
• Oversee property budgets, operating expenses, vendor contracts, and Net Operating Income (NOI) performance.
• Coach and hold property managers, leasing teams, and maintenance personnel accountable for results.
• Maintain property standards, coordinate maintenance, and improve unit‑turnaround times.
• Prepare weekly performance reports and recommend solutions to ownership.

Required Qualifications

• Hands‑on experience leading a new‑construction, market‑rate multifamily lease‑up from pre‑leasing through stabilization.
• 3+ years of progressive multifamily property management experience preferred.
• Experience managing a large apartment community, multiple properties, or a multifamily portfolio.
• Strong leasing, sales, marketing, and occupancy‑management skills.
• Knowledge of property financials, budgets, rent collections, vendor management, and NOI.
• Proven ability to lead teams, improve performance, and maintain accountability.
• Familiarity with property management software and performance reporting.
• Ability to travel regularly among Central Indiana properties.

Ideal Candidate

• Results‑driven and comfortable managing day‑to‑day property operations.
• Strong understanding of leasing performance, pricing, concessions, and resident retention.
• Financially minded, with the ability to connect operational decisions to profitability.
• A proactive leader who identifies challenges early and recommends solutions.
• Interested in growing with an expanding multifamily real estate portfolio.

Compensation & Growth

• Performance Bonus: Based on lease‑up success, occupancy, rental performance, collections, NOI, and operational results.
• Opportunity to grow into broader multifamily leadership as the portfolio expands.