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Regional Manager

Lansing, MI 48901

Posted: 08/03/2023 Industry: Regional Manager Job Number: 4666 Pay Rate: 90,000

Job Description

Our client is an owner-operator specializing in the acquisition and management of value-add multifamily assets. Since 2019, our client has grown its portfolio from just a few hundred units to over 4,000 units today. We've expanded our team of dedicated employees from 10 to nearly 100 and are looking to add to it.

  • Oversee property spending and collections, work with Community Managers to optimize operations
  • Direct Manager’s and assist with obtaining bids for various projects and service contracts.
  • Approve as allowed by budget or seek approval if needed
  • Assist with managing vendor relationships and contracts
  • Provide oversight of renovation projects and capital expenditure spending
  • Hire and Terminate Community Manager’s in accordance with the company practices and policies
  • Train and supervise Community Manager’s and other on-site staff as needed
  • Approve Purchase Orders and review payables
  • Conduct weekly or bi-weekly site visits and inspections, review office procedures and files, walk vacant units as needed, walk property looking for any safety concerns or corrective maintenance needed
  • Lead team in the drafting of annual budgets and provide an outlook into needed spending for the following year
  • Assist with processing reserve replacement draws through lender on a quarterly basis
  • Assist with the preparation of monthly investor reports, including monthly variance reports, property updates, and key performance indicators
  • Support the acquisitions team with due diligence and renovation or project budgeting

  • 2 years+ of regional manager experience in the apartment industry managing at least 1,000 units and 5+ apartment communities
  • Positive attitude and willingness to work toward a common goal of providing quality workforce housing for our residents
  • Knowledge of financial management
  • Experience managing a team of 20+ people
  • Ability to stay organized and handle multiple projects
  • Undergraduate degree in Business Management/Administration, or related field preferred
  • Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word)
  • Experience working with Appfolio or similar property management software
  • Strong communication and problem solving skills
  • CPM or similar designation preferred
  • Brokers License preferred but not required

Location and Office Requirements
  • This position will require you to be out of the office visiting properties 3-4 days per week depending on schedule.
  • Our client is looking for someone to cover our Michigan properties that are based in Michigan or open to relocating there.
  • Travel to corporate office in Chicago twice a month is required. 

Meet Your Recruiter

Julia Gargano

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