Regional Manager

CAPREIT•North Bethesda, MD

33d•$120,000 - $132,000

About The Position

CAPREIT is seeking an experienced Regional Manager to lead a growing portfolio of multifamily lease-up communities in Maryland. The initial portfolio includes a conventional community in Baltimore and a mixed-income community in Silver Spring, with additional properties expected as the portfolio expands. This visible leadership role requires direct lease-up experience and a hands-on approach to launching and stabilizing new communities. The Regional Manager will build teams, establish strong operational foundations, oversee property performance, and support continued portfolio growth. The role involves regular travel between Baltimore, Silver Spring, and future portfolio locations. The schedule is Monday through Friday, with some weekends required.

Requirements

Direct multifamily lease-up experience is required.
At least five years of progressive multifamily property management experience.
Strong financial, operational, leadership, and communication skills.
Ability to travel regularly between Baltimore, Silver Spring, and future portfolio locations.
Working knowledge of multifamily property management systems and performance reporting tools.

Nice To Haves

Regional, multi-site, or comparable senior operational leadership experience.
Experience with conventional and mixed-income or affordable housing communities.
Proven success building teams, achieving occupancy goals, and stabilizing new developments.

Responsibilities

Lead the operational strategy and execution for multiple lease-up communities.
Develop and manage leasing, occupancy, revenue, and stabilization plans.
Recruit, train, and support high-performing onsite teams.
Partner with Marketing to drive traffic, lead conversion, brand awareness, and leasing velocity.
Monitor property performance, budgets, financial results, and competitive market conditions.
Maintain strong communication with executive leadership and internal support departments.
Oversee operational readiness, including staffing, systems, policies, vendor relationships, and resident experience.
Provide direct support and accountability to onsite leadership throughout each phase of the lease-up.
Ensure compliance with company standards and applicable affordable housing requirements for mixed-income communities.
Support future portfolio growth and the onboarding of additional properties.