Fairstead has an exciting opportunity to oversee a region of growing properties. The Regional Property Manager oversees the day-to-day operations of communities in their assigned region, implementing policies, procedures, and practices to enable each property to meet budgeted financial goals and achieve operational performance objectives.
RESPONSIBILITIES:- Complete oversight of all real estate property management functions including managing the day-to-day administrative and maintenance operations in their region.
- Creates and implements leasing and marketing plans, resident relations, budget preparation and financial reporting, and monitoring compliance with HUD.
- Prepares monthly variance analysis reports (Financial Overviews) for submission to CFO (Chief Financial Officer).
- Conducts monthly budget review to ensure sites are meeting NOI.
- Ensures that all resident complaints are handled expeditiously, diplomatically, and professionally.
- Supervises the appropriate building security measures, incident documentation, lease violation reports and proper notification of management, owner, and/or insurance carriers where necessary.
- Develops, implements, and assures continued implementation of preventive maintenance programs.
- Ensures that maximum economic rents are achieved through active rent level management, general and targeted outreach methods, assurance of leasing skills, and resident retention programs.
- Responsible for vouchering through TRACS and ensuring all voucher related issues are handled expeditiously and turned around to the Contract Administrator.
- Coordinates with staff & third-party contractors to ensure all work orders are closed out with signatures and photos of all work.
- Approves the purchases of large-scale items/repairs.
- Performs other related duties as required.
BENEFITS: - Generous employer contribution for Medical Insurance through Meritain Health.
- Employer Paid Vision Plans.
- Company Matched 401(k) Retirement Plan: 100% of the first 3%; 50% of the next 2%.
- Employer Paid Life Insurance.
- Flexible Spending Account.
- Nationwide Pet Insurance.
- Laser Correction Discount.
- Employee Discounts on appliances, apparel, and more.
QUALIFICATIONS: - Two (2) years of experience as a Regional Property Manager.
- Proficiency in YARDI and Realpage is required.
- Experience with preparation and oversight of REAC and MOR inspections.
- Exceptional communication, customer service, and organizational skills.
- Ability to diffuse difficult situations.
- Knowledge of the NYC residential market (Rent Stabilization, DHCR, HPD).
- In-depth knowledge of Affordable Housing.
- Ability to manage multiple priorities while demonstrating the initiative to produce results and resolve problems.
- Bilingual in English and Spanish is a plus.
- Able to effectively present information and respond to questions from management, vendors, and associates.
- Adhere to tight deadlines and quick turnaround for deliverables.
- Ability to work collaboratively in a dynamic environment where adaptability is imperative.
- Strong written and oral skills.
- Accurate with a strong attention to detail.
- Proficient in Microsoft Office Suite.
Exact compensation may vary based on skills, experience, and location.
Salary Range
$100,000-$120,000 USD
