Area Manager

Arboreal Management

$960K+ *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of property management experience, including 2+ years in multi-site oversight
  • Direct experience with affordable housing properties (LIHTC, HUD, Section 8) is required
  • Property management accounting background (budgeting, variance reporting, P&L ownership) is essential
  • Demonstrated ability to manage and develop property managers
  • Proficient in property management software, preferably AppFolio
  • Valid driver's license with a willingness to travel regularly across the portfolio

Responsibilities

  • Oversee daily operations across 5 buildings and 350 units in assigned area
  • Manage and develop a team of Property/Portfolio Managers through hiring and coaching
  • Take ownership of financial performance including budgeting and expense control
  • Ensure compliance with affordable housing program requirements and regulations
  • Monitor occupancy rates and implement corrective action plans when necessary
  • Conduct regular property inspections to ensure compliance and standards are met
  • Collaborate with maintenance leadership to ensure project timelines and budgeting are maintained

Benefits

  • Performance-based bonus opportunities
  • Medical, dental, and vision insurance
  • Paid time off and holidays
  • Mileage reimbursement
  • 401(k) plan
  • Opportunities for ongoing professional development and career advancement
Full Job Description
About the Role

Arboreal Management, the property management arm of Great Expectations, is seeking an experienced Area Manager to oversee a portfolio of affordable housing communities across the Pacific Northwest. This role serves as the operational and financial leader for a defined group of properties, managing a team of on-site Property/Portfolio Managers and ensuring each community meets occupancy, compliance, and budget targets. The Area Manager reports to the Regional Manager and plays a critical role in translating regional strategy into site-level execution.

Key Responsibilities
  • Oversee day-to-day operations across 5 buildings / 350 units within an assigned geographic area
  • Directly manage and develop a team of Property Managers/Portfolio Managers, including hiring, coaching, and performance management
  • Own financial performance for the portfolio: budget preparation, variance analysis, and expense control
  • Ensure compliance with affordable housing program requirements (LIHTC, Section 8, HUD, or applicable state/local programs)
  • Monitor occupancy, leasing velocity, and renewal performance across the portfolio; implement corrective action plans as needed
  • Conduct regular property inspections and audits to ensure physical asset standards and life-safety compliance
  • Partner with maintenance leadership to ensure capital projects and unit turns stay on schedule and on budget
  • Serve as an escalation point for resident and staff issues that on-site teams cannot resolve independently
  • Report portfolio performance to the Regional Manager and senior leadership on a regular cadence
Required Qualifications
  • 5+ years of property management experience, including at least 2 years in a multi-site or area/regional oversight capacity
  • Direct experience managing affordable housing properties (LIHTC, HUD, Section 8, or similar compliance programs) - required, not preferred
  • Property management accounting experience (budgeting, variance reporting, P&L ownership) - required
  • Proven track record managing and developing property-level management staff
  • Proficiency with property management software (AppFolio preferred)
  • Valid driver's license and ability to travel regularly across the assigned portfolio
Preferred Qualifications
  • Experience with LIHTC compliance specifically (as opposed to Section 8 only, or vice versa)
  • Certification such as CPM, ARM, or COS
  • Experience operating in a PE-backed or investment-owned portfolio environment
What We Offer
  • Highly competitive salary based on experience
  • Performance-based bonus opportunities
  • Medical, dental, and vision insurance
  • Paid time off and holidays
  • Mileage reimbursement
  • 401(k)
  • Ongoing professional development and career advancement


Department Property Management Locations Spokane Main Office Monthly salary $80,000

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