DescriptionOverview:We are seeking a Regional Property Manager to oversee the day-to-day management of multiple properties in our portfolio including Elizabeth, Monmouth, Ocean, and Middlesex counties. The Regional Property Manager will be hands-on in property maintenance, staff management, strategic planning, budgeting, compliance, leasing activities and resident relations. Travel within the portfolio will be required for this position as you will work directly with on-site personnel from your property portfolio.
This role requires a strong combination of residential property management, leadership, and organizational skills to ensure the efficient and profitable operation of various properties. The Regional Property Manager plays a crucial role in maintaining property value, tenant satisfaction, and financial performance.
Responsibilities:Property Operations:- Physically supervise day-to-day operations of multiple properties, ensuring they are well-maintained and in compliance with local regulations (walking and visually inspecting properties).
- Coordinate property inspections, maintenance, and repairs to address any issues promptly.
- Oversee security measures and emergency response procedures across all sites.
- Conduct regular site visits to assess property conditions and implement necessary improvements.
- Oversee compliance-related work and assist in the leasing process for vacant units while ensuring timely turnover timeframes are met.
Tenant Relations:- Develop and maintain positive relationships with tenants, addressing their concerns, inquiries, and needs promptly.
- Implement tenant retention strategies to minimize vacancies and turnover.
- Handle tenant disputes and issues with professionalism and fairness.
Financial Management:- Prepare and manage budgets for each property, including revenue forecasting and expense control.
- Negotiate and manage contracts with vendors and service providers to ensure cost-effective property management.
Reporting and Documentation:- Maintain accurate records, including lease agreements, tenant correspondence, and property maintenance history.
- Generate regular reports on property performance, financial status, and occupancy rates.
- Ensure compliance with all legal and regulatory requirements, including lease agreements and safety standards.
Additional Responsibilities:- Maintain accurate records, including lease agreements, tenant correspondence, and property maintenance history.
- Generate regular reports on property performance, financial status, and occupancy rates.
- Ensure compliance with all legal and regulatory requirements, including lease agreements and safety standards.
- Develop and implement marketing strategies to attract prospective tenants and fill vacancies.
- Conduct property tours and screenings to secure new leases.
- Monitor and adjust rental rates based on market trends and competition.
- Identify opportunities for property improvements and upgrades to increase property value.
- Plan and oversee renovation or construction projects as needed.
- Ensure compliance with environmental and sustainability initiatives.
- Other duties as assigned by management.
Requirements/Qualifications:
- 10+ years of Property Management & Leasing experience, including overseeing multiple properties
- Prior experience presenting reports to executive leadership
- Must have reliable transportation and valid driver's license
- Strong knowledge of federal, state & local and Fair Housing laws
- Excellent communication and negotiation skills
- Proficiency in property management software and Microsoft Office Suite
- Leadership and team management abilities
- Problem-solving and decision-making skills
- Ability to work independently and collaboratively, multi-task and prioritize tasks effectively
- Attention to detail and strong organizational skills
Starting Salary: $130,000 - $140,000 base