Regional Vice President - Conventional

Elmington; Nashville (TN); On-site; USD 180,000 - 260,000; Full time

Benefits offered by this job

Competitive compensation

Medical, dental, and vision benefits

Life insurance and disability coverage

401(k) with company match after 90+ p

Job summary

Elmington Living seeks an experienced Regional Vice President to lead the operational, financial, and asset performance of a multi-market residential portfolio. You will direct Regional Managers, guide budgets and capital plans, and drive strategy to maximize NOI and occupancy.

You will develop leadership across the region, ensure timely reporting, and partner with ownership on performance targets. This role requires travel and a proven track record in large, dispersed portfolios.

Qualifications

• 8+ years of progressive property management experience including multi-site oversight.
• Strong revenue management and market analysis knowledge.
• CPM/CAPS designation or Fair Housing certification is a plus.
• Familiarity with property management software (RealPage/OneSite/Yardi) preferred.

Responsibilities

• Own financial and operational health of a multi-market portfolio; manage budgets and capital plans.
• Guide regional managers and drive portfolio-wide strategy for strong financial performance.
• Develop leadership, conduct performance reviews, and foster a high-performance culture.

Skills

Proactive communicator

Strategic financial acumen

Executive communication

Lead through influence

Business judgment

Professional discretion

Education

CPM/CAPS designation

Fair Housing certification

Tools

RealPage/OneSite/Yardi/Fortress

Job description

At Elmington Living, we don't just manage properties — we build communities people are proud to call home. As the team behind 70+ affordable and market-rate assets across the country, we've earned our reputation through relentless care, sharp execution, and an eye for detail that never quits, guided by People First, Always. Execution with Integrity. Excellence by Design.

WHY YOU'LL LOVE WORKING HERE:

Elmington Living offers competitive compensation that reflects the market and the impact of the role, along with a comprehensive benefits package designed to support your well-being. Medical, dental, and vision coverage begins on the first of the month following your hire date, with no long waiting period. The company also provides life insurance and short- and long-term disability coverage. Employees become eligible for the 401(k) plan with company match after 90 days and unlimited. We also offer a generous paid time off package to help you recharge.

Position Summary

The Regional Vice President (RVP) leads the operational, financial, and asset performance of an assigned Elmington Residential portfolio spanning multiple markets. The RVP directs a team of Regional Managers, serves as the next level of leadership support for property and staffing escalations, and drives portfolio-wide strategy to ensure strong financial performance and a trusted partnership with ownership and equity stakeholders.

Key Responsibilities

Portfolio Leadership

• Own the financial and operational health of their portfolio, measured primarily through NOI, NRI, bad debt, management fee, and physical and economic occupancy performance to budget
• Review and approve annual budgets, reforecasts, and capital improvement plans
• Provide additional support and guidance to Regional Managers on weekly ownership and equity calls, and represent the region in senior leadership meetings
• Develop and maintain portfolio-level action plans addressing underperforming properties, tracking progress against budgeted performance targets
• Manage accounts receivable (AR) and accounts payable (AP) performance across the portfolio and be able to speak to trends, outliers, and aging with ownership and executive leadership
• Conduct site visits across the portfolio at least monthly for in-market properties and at least quarterly for out-of-market properties to assess property condition, team performance, and compliance/operational readiness
• Conduct formal quarterly site inspections across the portfolio, documented with a written inspection report/scorecard, and drive corrective action on any findings
• Ensure financial reporting and budget timelines are met across the portfolio by holding Regional Managers accountable for property-level deadlines
• Review portfolio-wide Daily Operations and weekly reporting for trends and exceptions across properties

Revenue & Asset Performance

• Monitor market conditions and competitive positioning for each asset within the region
• Support Regional Managers and Community Directors' pricing recommendations across the portfolio, drawing on market comps and property exposure analysis, and assist in communicating pricing strategy to equity partners and asset management
• Oversee capital project execution and value-add initiatives in partnership with asset management and Regional Managers
• Drive resident retention strategy to protect renewal income and reduce turnover costs
• Execute due diligence requests and proforma reviews for acquisitions and portfolio additions
• Partner with marketing on strategies to support leasing performance and portfolio positioning

Team Development

• Conduct weekly one-on-one meetings with each direct-report Regional Manager to review performance, priorities, and support needs
• Hire, coach, and develop Regional Managers; build leadership bench strength across the region
• Conduct performance reviews and development planning for direct reports
• Foster a high-performance, service-oriented culture across the portfolio
• Partner with L&D on training and leadership development initiatives

Qualifications & Requirements

• 8+ years of progressive property management experience, including multi-site oversight in market-rate housing
• Specific experience in the markets served by this role's portfolio is required
• Strong understanding of revenue management principles and competitive market analysis
• Proven track record managing a large, geographically dispersed portfolio and team
• Experience with RealPage/OneSite, Yardi, Fortress, or similar platforms preferred
• Certified Property Manager (CPM) or Certified Apartment Property Supervisor (CAPS) designation a plus
• Fair Housing certification required within 7 days of employment

CORE COMPETENCIES

• Proactive communicator and thinker, anticipating issues and opportunities before they arise
• Strong strategic and financial acumen, including a solid understanding of cash flow and revenue management and how they drive portfolio-wide performance
• Executive-level communication, both written and verbal
• Ability to lead through influence across a large, distributed team
• Sound business judgment, particularly around pricing and capital decisions
• High degree of professional discretion and polish in ownership-facing settings

Work Environment & Physical Requirements

• Frequent regional travel required (estimated 40-60%), including site visits and fly-in markets
• Standard office and on-site property environments; some outdoor exposure during property tours
• Ability to work extended hours during budget season, acquisitions, or urgent property issues
• Valid driver's license and reliable transportation required
• Ability to communicate effectively in person, by phone, and electronically
• Occasionally move about the office to access files, office equipment, and meeting locations
• Ability to lift, carry, push, or pull up to 15-25 pounds occasionally
• Ability to bend, reach, stoop, and kneel as needed
• Frequently stand, walk, climb stairs, and move throughout the property
• May be exposed to varying weather conditions while performing outdoor duties

At Elmington Living, we're redefining what property management can look like — and we're looking for leaders ready to help us raise the bar. With 70+ communities across the U.S. and a fast-growing presence rooted in Nashville, our work is driven by heart, hustle, and an unwavering commitment to doing things the right way. If you're ready to bring your experience, energy, and leadership to a company built on People First, Always. Execution with Integrity. Excellence by Design. — we'd love to meet you.

Elmington is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.

This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. Elmington makes hiring decisions based solely on qualifications, merit, and business needs at the time.