Regional Property Manager - LIHTC

NRP Group•Tampa, FL

About The Position

The NRP Group is hiring an Affordable Regional Property Manager for its Florida portfolio, initially consisting of two new lease-up properties in the Kissimmee and Sarasota areas, with additional properties expected. Under the direction of the Regional Vice President of Property Management, this role leads employees and manages the operations of a portfolio of properties in various phases of development, construction, and lease-up. The Regional Property Manager is accountable for the portfolio’s financial and operational performance, staff leadership, compliance, resident selection and collections, budgets, inspections, vendor management, maintenance programs, reporting, and coordination with internal departments and external agencies. Key objectives include maintaining strong occupancy and rent collections, completing lease-ups within 12 months or less, ensuring timely recertifications, and achieving portfolio financial goals.

Requirements

Bachelor’s degree highly preferred.
At least 5 years of property management experience, including recent experience in a Regional Property Manager or Director role.
Strong experience with market-rate communities.
Working knowledge of applicable Landlord-Tenant Laws, Fair Housing Regulations, IRS Section 42 LIHTC Program, and other laws relating to property-specific guidelines and occupancy standards.
Strong computer skills, especially in Microsoft Office Suite.
Knowledge of YARDI software.
Valid driver’s license.

Nice To Haves

Bachelor’s degree.

Responsibilities

Manage communities to achieve financial and operational targets and provide feedback on capital needs and asset plans.
Monitor employee performance, conduct annual performance reviews, communicate expectations, and build, motivate, and direct teams.
Manage community wage, salary, bonus, incentive, and commission matters.
Ensure community procedures are followed and monitor performance at both the operational and portfolio levels.
Ensure the integrity of application and file approval processes.
Monitor community financials, review variance reports, and review financials regularly with Community Managers.
Work with Community Managers to prepare annual budgets and property plans.
Approve community vendors, purchase orders, and expenditures.
Conduct regular physical, operational, and file-review inspections.
Manage portfolio rents and resident selection criteria, proposing or making adjustments as needed.
Monitor portfolio collections and collection procedures; manage collections agencies, legal representation, and other portfolio vendors.
Recruit, interview, and hire Community Managers and Maintenance Managers; approve community hires and ensure new-hire paperwork is processed and delivered to Human Resources.
Support Community Managers with resident, supportive-services, vendor, compliance-approval, and other operational issues.
Meet regularly with community staff and ensure weekly community meetings are held.
Coordinate portfolio training and activities with Marketing, Compliance, Accounting, IT, and HR.
Ensure execution of the Regional Maintenance program and work with the Maintenance Director and Regional Vice President to improve it.
Prepare and deliver regional portfolio reports.
Initiate portfolio programs, procedures, or practices as directed.
Represent the portfolio with apartment associations, local PHAs, and state agencies as required.
Coordinate pre-lease setup for new communities, including hiring and training staff.
Coordinate, manage, and monitor community audits by syndicators, state agencies, and others.
Participate in senior management and regional team meetings as required.
Represent the portfolio in coordinating activities and resolving issues with Construction and Development representatives.
Seek to maximize income and minimize expenses while meeting portfolio financial goals and budget targets.
Maintain staffing levels while achieving each community’s financial goals and deliver accurate, timely regional reports.
Ensure new employees complete the NET within 30 days of employment and ensure all recertifications are current.
Achieve 96% occupancy and 96% portfolio rent collections with minimal approved write-offs.
Maximize credit delivery on new project lease-ups and complete lease-ups within 12 months or less.
Qualify all units before the qualification deadline.
Perform a thorough inspection of each community at least twice per calendar year.
Perform other duties as required.