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Posted: 08/03/2023 Industry: Regional Manager Job Number: 4666-1 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.

Responsibilities:

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

Qualifications

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.

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