This role is responsible for overseeing and managing the overall performance and profitability of a portfolio of properties within a designated region. This role involves developing and implementing effective property management strategies, ensuring high tenant satisfaction, and optimizing financial returns for property owners.
Requirements
- Ensures that the portfolio and individual communities meet the established operational, financial, and business performance goals by inspecting properties, reviewing financial, market, and operational reports, and developing and implementing appropriate action plans to achieve results.
- Collaborates with CMs to ensures that the portfolio and individual communities meet the established operational, financial, and business performance goals.
- Collaborates with regional support services leaders committed to improving asset and team performance.
- Takes ownership of and implements local and national operational initiatives, championing change and ensuring proper adoption of revised protocols at all properties.
- Oversee and manage budgets, ensuring that financial targets are met or exceeded.
- Prepare and present regular reports on property performance, financial metrics, and market trends to ownership and senior management.
- Foster positive relationships with tenants and address their concerns promptly.
- Implement tenant retention programs to minimize turnover and vacancy rates.
- Collaborate with leasing teams to develop and implement effective marketing strategies.
- Ensure optimal occupancy rates through targeted leasing efforts.
- Oversee maintenance programs to ensure properties are well-maintained and in compliance with regulations.
- Ensures that the appearance and physical aspects of the properties meet the Company’s and owner’s established standards through routine site and safety inspections and communicates concerns and requests for capital as needed to provide for the physical upkeep of each property in the portfolio.
- Implement preventative maintenance plans to extend the life of assets.
- Stay current with local, state, and federal regulations affecting property management.
- Ensure properties comply with all relevant codes, laws, and regulations.
- Identify and mitigate potential risks related to property management and ensure appropriate insurance coverage.
- Conduct market research and analysis to identify opportunities for property improvement and stay ahead of market trends.
Benefits
- Competitive Medical, Dental, Vision, and Disability & Life insurance benefits.
- Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
- Generous Paid Time off.
- 401(k) with Company Match up to 6% of pay after 6 months of service.
- Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).
- Employee Assistance Program.
- Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.
- Charitable giving program and benefits.