Property Director

Newbury Living

$75K — $95K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of property management experience
  • Proven track record in multifamily property stabilization
  • Strong financial acumen with budgeting expertise
  • Exceptional leadership and team development skills
  • Outstanding communication and resident service orientation

Responsibilities

  • Lead daily operations of a 216-unit community
  • Drive stability by converting operational gains to long-term performance
  • Boost leasing velocity and resident retention through team accountability
  • Manage and control operating budgets, analyzing financial performance
  • Oversee maintenance to ensure asset preservation and timely project completion
  • Recruit and develop on-site team members fostering professionalism
  • Serve as the main contact for residents, ensuring clear communication
  • Implement process enhancements for efficiency and service delivery

Benefits

  • Opportunity for impact on a sizable residential community
  • Focus on long-term asset performance and team development
  • Potential for career growth within a stable organization
  • Engagement with community residents, enhancing customer service experience
  • Dynamic work environment with a focus on operational excellence
Full Job Description
Key Responsibilities
  • Provide overall leadership and accountability for daily operations of a 216-unit apartment community
  • Lead the final phase of property stabilization, converting operational gains into sustained, long-term performance
  • Drive leasing velocity, resident retention, and occupancy through disciplined execution and team accountability
  • Develop, manage, and control operating budgets; analyze financial performance and implement corrective actions as needed
  • Oversee maintenance operations and capital initiatives to ensure asset preservation, curb appeal, and on-time project completion
  • Recruit, develop, and lead on-site team members with clear expectations and a culture of ownership and professionalism
  • Serve as the primary point of contact for residents, maintaining consistent, transparent, and professional communication
  • Identify and implement process improvements that enhance efficiency, service delivery, and sustained asset performance

What Success Looks Like

Within your first 90 days, you've assessed the team, owned the numbers, and have a clear plan. By month six, occupancy is at or above 95%, delinquency is consistently under 5%, and the property is operating on budget.

Qualified candidates with proven multifamily stabilization experience are encouraged to apply.

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