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Regional Property Manager

Kentaurus Capital

3h ago

0$90k - $100kManagementMinneapolis, MN, USjobspy_indeed
remoteindeed

Job Description

* **Job Title:** Regional Property Manager * **Company:** EIG Property Management * **Reports To:** Company President * **Salary Range:** $90,000 – $100,000 per year, plus performance bonus * **Portfolio:** Approximately 1,500 apartment units * **Team Size:** 40\-50 staff members across the region * **Work Location:** On\-site / in\-field; this is not a remote position **Role** The Regional Property Manager serves as the chief property manager for a portfolio of approximately 1,500 apartment units and leads a 40\-50 person regional team consisting of property managers, assistant property managers, maintenance technicians, and other property management support staff. This is the senior\-most operational role over the region and is accountable for the overall financial, operational, and resident\-experience performance of the portfolio. The Regional Property Manager directly supervises Property Managers, each of whom is responsible for a defined sub\-portfolio of properties and their respective on\-site teams. Through these direct reports, the Regional Property Manager is accountable for budget performance, occupancy, expense control, lease enforcement, maintenance standards, regulatory compliance, and the development of the people on the team. In addition, there are two remote teams that provide extensive support to the on\-site property management teams. An important aspect of this role is to routinely oversee change management, ensuring each team is adopting new or existing company processes so there is consistency on each team. The role is expected to work primarily in the field at portfolio properties, with regular time at the EIG office as needed, with very little work\-from\-home time. **Direct Reports \& Team** * **Local Property Managers**, each leading a sub\-portfolio team. * Two support team Managers, each managing a remote team, which provides a defined set of property management duties. * Clean \& Turns Manager, which includes an in\-house cleaning team and maintenance/turn workers. * In all, there are approximately 42 staff that report to the Regional Manager, directly or indirectly. This staff includes Property Managers, Assistant Property Managers (Field and Virtual), Maintenance Technicians, turn workers and Cleaners. **Key Responsibilities \& Qualities of a Successful Regional Property Manager** * **Portfolio Financial Performance:** Own the financial results of the 1,500\-unit portfolio. Develop and approve property\-level budgets in coordination with each Property Manager, monitor monthly variance reports, and implement strategies to maximize NOI, minimize vacancy loss, and control expenses. * **Leadership of Property Managers:** Set clear expectations, KPIs, and performance standards for the five direct\-report Property Managers. Hold weekly one\-on\-ones, conduct site walks together, provide coaching and accountability, and evaluate performance on a documented basis. * **Team Building \& Staff Development:** Recruit, h