Regional Manager

CAPREIT•North Bethesda, MD

10d•$120,000 - $132,000•Hybrid

About The Position

We are seeking an experienced Regional Manager to lead a growing portfolio of lease-up communities in Maryland. The initial portfolio will include a conventional community in Baltimore and a mixed-income community in Silver Spring, with additional properties expected to be added as the portfolio expands. This is a highly visible leadership role for a results-driven multifamily professional who understands the pace, strategy, and hands-on oversight required to successfully launch and stabilize new communities. This opportunity is ideal for an experienced lease-up leader who enjoys building teams, creating strong operational foundations, and playing an integral role in the continued growth of a multifamily portfolio. Lease-Up Experience is REQUIRED for this role. Applicants without direct experience will not be considered. CAPREIT is committed to fostering a collaborative and supportive work environment where team members can grow professionally and make meaningful contributions. We offer competitive compensation, comprehensive benefits, and opportunities for career advancement within a thriving industry. CAPREIT Core Values: FACE-IN (Family – Accountability – Communication – Excellence – Integrity)

Requirements

Prior multifamily lease-up experience is required.
Minimum of five years of progressive multifamily property management experience.
Regional, multi-site, or comparable senior operational leadership experience strongly preferred.
Experience with conventional and mixed-income or affordable housing communities preferred.
Proven success building teams, achieving occupancy goals, and stabilizing new developments.
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.

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 with onsite leadership throughout each phase of the lease-up.
Ensure compliance with company standards and all applicable affordable housing requirements for mixed-income communities.
Support future portfolio growth and the onboarding of additional properties.