Senior Regional Property Manager

Institute of Real Estate Management; Allen (TX); Hybrid; USD 110,000 - 125,000; Full time

Job summary

A leading company in the commercial real estate sector is seeking a Senior Regional Property Manager to oversee the operations of regional properties. This role involves leading a team, managing budgets, and ensuring property standards are upheld. The ideal candidate will have substantial experience in commercial property management and excel in a fast-paced environment.

Benefits

401K company match

Competitive pay

Medical, Dental, and Vision Insurance

20+ paid days off annually

Mentorship program

Qualifications

• Minimum 10 years of managing commercial real estate properties.
• Preferred experience in open-air retail.
• Experience in a leadership/management role.

Responsibilities

• Manage day-to-day operations and property team.
• Develop operating and capital expense budgets.
• Ensure compliance with management agreements.

Skills

Leadership

Organization

Analytical skills

Communication

Adaptability

Education

Associate's degree

Tools

Microsoft Office

Job description

Why DLC?
DLC is proud to be certified as a Great Place to Work and is driven by a strong culture and entrepreneurial foundation. DLC is one of the nation's leading owners and operators of open-air retail shopping centers and has expertise in all facets of commercial real estate. At DLC, our teammates make all the difference and we offer industry-leading training and career development to assure your success.

What We Offer:

• Compensation and Benefits:
  • Competitive pay
  • 401K company match
  • Medical, Dental, and Vision Insurance
• Work-Life Balance:
  • Hybrid work model
  • 20+ paid days off annually
  • 13+ paid holidays in addition to PTO
  • Paid parental leave
• Career Development:
  • Industry-leading training and development
  • Open door policy
  • Industry trade shows and event access
  • Mentorship program

About the Role:
The Senior Regional Property Manager is responsible for managing and overseeing the day-to-day operations of properties and personnel within a regional portfolio.

Responsibilities:

• Identify property operational and maintenance requirements, ensuring properties are managed to DLC brand standards through both strategic oversight and hands-on involvement.
• Lead and develop a qualified team of local, regional, and national service vendors to support property operations; negotiate competitive contracts to ensure best-in-class service levels and pricing.
• Develop and oversee operating and capital expense budgets in support of property business plans and department KPI initiatives.
• Manage property operations in accordance with approved annual budgets and Property Management Agreements, directly supporting and mentoring team members in these efforts.
• Oversee the execution of Capital Expenditures projects, including soliciting bids, negotiating contracts, providing on-site coordination, and ensuring financial oversight.
• Ensure compliance with all terms of Property Management Agreements while acting as a resource and guide to direct reports in meeting these standards.
• Conduct site inspections to monitor property vendor performance, tenant activity, and maintenance needs; oversee completion of monthly property inspection reports for senior management.
• Monitor and support leasing efforts including facilitating site tours, providing cost estimates, and executing on landlord work project.
• Collaborate with the Tenant Coordinator to facilitate tenant permitting, construction, and opening efforts, ensuring a smooth process for both tenants and internal stakeholders.
• Assist with routine reporting requests from Asset Management and Accounting to support financial and operational reporting packages for Joint Venture Partners and Lenders.
• Foster collaboration by coordinating with internal departments to support cross-department workflows, ensuring alignment with the company’s strategic goals.
• Run point on Property Management due diligence and onboarding efforts for new property acquisitions.
• Manage, mentor, and provide professional development to regional Property Managers, ensuring they are equipped with the tools and knowledge to succeed while balancing property management responsibilities.

Soft Skills/Behaviors:

• Highly organized, with the ability to juggle multiple projects and meet deadlines, all while maintaining a positive attitude.
• Strong leadership qualities, with an ability to inspire and guide a team while executing key property management duties.
• Adaptable to shifting priorities, always keeping the bigger picture in mind.
• Exceptional communicator (both verbal and written), with the ability to assertively manage stakeholders and maintain respectful, collaborative relationships.
• Thoughtful and accountable, with a track record of driving results in high-pressure situations.
• Can-do, flexible attitude; willing to pitch in when needed.
• Polished representative of the DLC brand.

Technical Skills:

• Minimum of an Associate’s degree required
• At least 10 years of relevant experience managing commercial real estate properties; open-air retail experience preferred
• Prior experience in a people management/development role strongly preferred
• Strong knowledge of building systems and materials as well as facilities maintenance protocols
• Strong analytical skills
• Proficiency with Microsoft Office
• Ability to travel as required

The expected salary range for this position is between $110,000 and $125,000. The actual compensation will be based on factors such as scope and responsibilities of the position, candidate's work experience, education/training, job-related skills, internal peer equity, market and business considerations and other factors permitted by law.

About DLC:
Founded in 1991, DLC has been one of the nation’s preeminent owners, operators, and managers of shopping centers. Our portfolio includes millions of square feet of attractive retail space and continues to expand as we complete additional acquisitions.