Regional Property Manager

Mayfair Management Group

$125K — $132K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree or equivalent experience in property management
  • 1-2 years of related experience in residential property management
  • Experienced with LIHTC & HUD regulations
  • Effective in handling residential lease-ups
  • Proficient in Microsoft Office and property management software

Responsibilities

  • Supervise Community Managers in daily operations
  • Assist in preparing annual marketing and operating budgets
  • Ensure compliance with tax-credit apartment regulations
  • Review and authorize payables for assigned properties
  • Monitor operating budgets and report variances and occupancy
  • Conduct weekly property inspections and audit resident files
  • Develop and implement marketing and retention programs

Benefits

  • Comprehensive training opportunities
  • 401(k) plan with company match
  • Employer-paid basic life insurance
  • Employee referral program
  • Recognition for employee awards and achievements
  • Career advancement opportunities
Full Job Description
Regional Property Manager

Salary $125,000 - $132,000

Our client takes pride in successfully maintaining and preserving the culture and heritage of areas they oversee while assisting in the growth of those communities. The ideal Regional Manager will share similar values and have previous exposure to managing residential properties.

We offer great benefits including:
  • Comprehensive training
  • Competitive salaries and bonuses
  • Paid vacation, sick days, and holidays
  • 401(k) plan with a company match
  • Medical
  • Dental
  • Vision
  • Employer Paid Basic Life Insurance
  • Employee Referral Program
  • Employee Awards and Recognition
  • Career Advancement Opportunities


SUMMARY Supervises the Community Managers in their day-to-day management and supervision of their assigned communities. Acts as the primary representative in the day-to-day interaction with residents and vendors.

ESSENTIAL DUTIES AND RESPONSIBILITIES are listed below and will always include those specifically assigned by the immediate supervisor.

  • Assists the Community Manager in the preparation and implementation of a marketing plan for the property each year.
  • Assists the Community Manager in the preparation of the annual operating and capital improvement budget.
  • Responsible for ensuring 100% compliance in any tax-credit or set-aside apartment units.
  • Reviews and approves all payables for each assigned property.
  • Monitors operating budget, and reports on the status of property such as variance and occupancy reports.
  • Responsible for achieving the highest possible Net Operating Income (NOI) through effective cost control and maximizing revenue.
  • Conducts weekly property inspections and submits inspection reports to the President of UAH.
  • Conducts regular "random" audits of resident files to ensure accuracy and completeness of all files.
  • Reviews and approves bi-weekly payroll submittals.
  • Regularly reviews the Rent Manager Software work of each assigned property, specifically to ensure that deposits match batch reports, that monthly billings are accurate, and that Community Managers are entering accurate and timely data.
  • Approves purchasing of supplies, services, and goods for the property.
  • Develops and implements resident retention, marketing, and advertising programs.
  • Assists, when necessary, in the eviction of residents in compliance with court orders and directions from attorneys.
  • Represent the owner at all official inspections and audits at their assigned communities.
  • Creates and maintains a positive environment for management and maintenance staff at managed communities.


SUPERVISORY RESPONSIBILITIES The number of supervised employees will vary depending upon the size of the assigned portfolio. Responsibilities include interviewing, hiring, and training Community Managers; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and concerns, and resolving problems.

EDUCATION and/or EXPERIENCE Bachelor's Degree from a four-year college or university; or one to two years related experience and/or training; or equivalent combination of education and experience.

LANGUAGE SKILLS Ability to read, analyze, and interpret general business periodicals, professional journals, and governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from residents, owners, supervisors, and the general public.

CERTIFICATES, LICENSES, REGISTRATIONS
  • Will be encouraged to earn the CPM designation
  • Complete and pass Fair Housing Test
  • Compliance Training Certificate (For Tax Credit or Set-Aside Communities)
  • Valid state driver's license
  • Attend training courses as offered by Mayfair


OTHER QUALIFICATIONS
  • LIHTC & HUD Experience Required
  • Lease-Up Experience Required
  • Computer literacy
  • Working knowledge of Microsoft Word, Excel, Rent Roll, Rent Manager Software
  • A high degree of professionalism and demeanor
  • Even temperament
  • Team Player
  • Flexible
  • Patient
  • Organized
  • Detail-oriented
  • Firm, Fair, and Consistent
  • Good listening skills
  • Able to travel (overnight)
  • Able to work weekends
  • Able to work overtime
  • Confidentiality
  • Able to accept constructive criticism
  • Able to lead and manage others

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