Regional Property Manager - Tennessee

Capital Square•Chattanooga, TN

1d•$125,000 - $135,000•Hybrid

About The Position

Capital Square Living (CS Living) is a fully-integrated property management company based in Richmond, VA. CS Living was built on the strong foundation of the Capital Square brand—listed by Virginia Business on their “Best Places to Work in Virginia” report in 2019 and their “Fantastic 50” reports in 2019 and 2020 – Capital Square Living has a vision to develop and manage the future, one relationship at a time. Our property management company provides a highly competitive compensation package and employee-centric benefits. Capital Square is one of the top three securitized 1031 exchange sponsors in the U.S. In 2020, Capital Square was not only ranked as one of the fastest growing companies in the Richmond, Virginia area but also made the list for Best Places to Work by Virginia Business Magazine. Our Regional Property Manager Supports and executes the Company’s strategies related to property management operations by directing the team members on the assigned portfolio of properties in Tennessee (One Riverside, The Summit Townhomes, The Village at Westland Cove and Valley Ridge) by implementing the policies, procedures, and practices that enable each property to meet and exceed budgeted financial goals and achieve operational performance objectives.

Requirements

Bachelor’s Degree from an accredited university or working equivalent
Required to travel up to 75%
Knowledge of Federal, State and Local Policies
Excellent written, oral communication and presentations skills
Ability to manage effective teams and develop strategic solutions
Knowledge of financial management
Ability to understand and respect values, attitudes, and beliefs that differ across cultures and to respond appropriately to these differences with participants and in planning, implementing, and evaluating programs and services
Proficiency in MS Office Suite and knowledge of Yardi

Responsibilities

Develops the annual budget(s) for the properties comprising the assigned portfolio and oversees attainment of budgeted goals by analyzing and evaluating financial statements, reconciling monthly statements against approved budget, and working with the Operations, Asset Management, and others to address and resolve gaps in the financial performance of the portfolio
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
Provides leadership to the team of community managers by interviewing, hiring, and training team members, and by managing their performance in accordance with Company policies, values, and business practices.
Oversees the appropriate and adequate staffing at each community and supervises the acquisition, development, and management of community team members
Promotes client satisfaction and retention through timely reporting and on-going communication about the performance of the properties and responds quickly and with urgency to Operations and Asset Management with concerns, questions, issues, and requests
Reviews, analyzes and interprets market data to identify emerging trends that may impact the performance of the portfolio, and works with the community managers and others to develop and implement market plans that drive occupancy and revenue growth
Coordinates work activities and services from vendors, consultants, and other contractors as needed by researching and identifying needs, negotiating contracts, monitoring progress, processing invoices, and ensuring open communication between consultants and Company project team members
Completes various human resources, financial, administrative, and other reports, analysis, and performs other duties as assigned or as necessary