Regional Property Manager

We are looking for a highly organized and experienced Regional Property Manager to oversee a portfolio of residential properties, ensuring efficient operations, budget compliance, rent optimization, and overall property performance. As a Regional Property Manager, you will be responsible for maintaining and maximizing the value of our residential properties while ensuring a positive experience for tenants.

Key Responsibilities:

Maintaining the Physical Asset:

· Conducting regular site inspections of building interior and exterior.

· Making recommendations for necessary physical repairs and replacements.

· Overseeing the implementation of the budget and capital expenditure plans, including renovation and improvement programs.

· Ensuring compliance with safety regulations.

· Supporting employees and the asset by spending a minimum of one day on site each week.

· Negotiating contracts for RM and Capex work

Marketing and Leasing:

· Supervising leasing personnel.

· Regularly evaluating market conditions and property comp.

· Working with the Director of Marketing to create and implement marketing plans.

· Periodically reviewing rental applications and lease forms for accuracy and compliance with policies and procedures.

· Making recommendations to improve marketing and leasing programs.

· Proposing changes to the property based on market conditions.

· Ensuring compliance with all legal and regulatory requirements.

Rent Management:

· Supervising rent collection in accordance with policies and procedures.

· Approving and monitoring rental rate recommendations for new leases and renewals based on current market information.

Financial Reporting and Control:

· Developing the annual property management plan, operating budget, and capital budget.

· Reviewing monthly financial reports and investigating variances.

· Generating required monthly reports as needed.

· Approving payments, including payroll and invoices.

· Approving expenditures in line with the Property Budget and Company policies.

· Leading annual budget meetings and other financial meetings as necessary.

Administration:

· Supervising employees and contractors.

· Ensuring adherence to specifications outlined in contracts and operations manual.

· Maintain relationships and correspondence with asset managers and institutional partners.

· Recruiting, selecting, and training supervised employees to ensure compliance with policies and procedures.

· Interfacing with external professionals, such as legal, accounting, insurance, tax experts, as needed.

· Maintaining property files and records.

· Continuously improving management and technical skills.

· Allocating a predetermined percentage of time to gather market knowledge, foster community relations, and evaluate assets.

· Regularly monitor property dashboards to ensure the completion of all daily and weekly operations.