Regional Manager

Article Student Living

$110K — $115K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required.
  • 5+ years in student housing property management.
  • Knowledge of student living property management and operations.
  • Regional or Area Management experience preferred.
  • Experience with new development lease-ups and operating properties.
  • Excellent project management skills.
  • Ability to manage a remote team.

Responsibilities

  • Hire and train full-time property management teams.
  • Provide coaching and leadership to site teams.
  • Partner with corporate HR for onboarding new employees.
  • Maintain financial controls across the property portfolio.
  • Achieve optimal net operating income and implement cost controls.
  • Lead leasing and marketing strategies to enhance occupancy.
  • Oversee capital projects and ensure operational effectiveness.

Benefits

  • Health, dental, and vision insurance options.
  • Flexible paid time off.
  • 13 paid holidays.
  • 401K plan with 100% match up to 5%.
  • Annual performance reviews with bonus opportunities.
  • Paid parental leave.
Full Job Description
Regional Manager to join our Student Housing team. The Regional Manager is responsible for the financial control and budget management, physical operations, leasing and marketing, capital projects, and staffing/HR at all the properties, and will directly manage the site-level property management team in their portfolio. This is a regional role with travel up to 50%. You must live within one hour of a major airport.

You will report to the Regional Vice President of Operations.

This is a remote position with 35% - 50% travel.

The pay range for the role is $110K-$115K, plus an annual bonus.

People Management:
  • Hire and train the full-time teams, providing leadership and support to ensure all properties are sufficiently staffed
  • Cultivate site team support through coaching, leadership, and developing bottom-up thinking
  • Partner with the Director of Training and Support on site-level onboarding for new employees
  • Ensure that on-site managers keep the team informed, and inspired through daily "huddle ups", weekly meetings, implementing goals/incentives, and providing feedback from the student team
  • Work with the corporate HR team and other Property Management leadership to address and improve any performance problems, documenting adequately, communicating with supervisors and HR, and terminating

Financial Management:
  • Achieve the highest possible net operating income throughout the portfolio; implement cost control and revenue and leasing improvement, identify trends and recommend strategies and adjustments, and ensure site-level teams are observing budgets
  • Develop yearly operating budgets and forecasts with the SVP of Operations
  • Provide regular reporting of income and expense line items to the corporate team
  • Maintain the receipt and reconciliation of deposits, rent collections, and charges
  • Monitor and approve the receipt, reconciliation, and coding of all vendor invoices
  • Ensure property close-out is completed on time and the owner's financial reports are accurate

Leasing and Marketing Management:
  • Provide leadership to site-level staff around all leasing and marketing activities and goals
  • Analyze current leasing/marketing trends and propose alternative strategies to overcome issues
  • Ensure that all marketing tactics, correspondence, and materials follow brand standards and fair housing
  • Ensure staff leasing techniques are used in closing, follow-up procedures, and signing and documenting leases
  • Deal with resident complaints, concerns, and requests to ensure resident satisfaction
  • Partner with the Regional Maintenance team on all maintenance, construction, and rehabilitation activities
  • Ensure on-site managers set high curb appeal standards regarding cleanliness and organization within the leasing office, sales floor, and tour route
  • Provide Capital improvement suggestions

Your Track Record:
  • Bachelor's degree
  • 5+ years of experience in the student housing property management space
  • Knowledge of the student living property management industry and experience with business operations
  • Regional or Area Management experience preferred and preference for experience in both new development lease-ups and current operating properties
  • Excellent project management
  • Skills and ability to manage a remote team

Your Style:
  • Demonstrated people-leader
  • Collaboration with other departments on inter-company deliverables
  • Support and advocate for the property-based teams
  • Manage workflow and deliverables

Our Benefits:

  • Health (PPO or HSA), dental, and vision
  • Flexible PTO
  • 13 paid holidays
  • 401K - 100% match up to 5%
  • Annual review and bonus program
  • Paid parental leave


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