Regional Property Manager - DC/MD/VA - Affordable Housing/Multi-Family

Pratum Companies • Gaithersburg, MD

3d • Onsite

About The Position

The Regional Property Manager oversees operations and maximizes the financial value of an assigned, multi-site residential apartment portfolio in the Washington, DC, Maryland, and Virginia metro region. The role is responsible for meeting the owner’s, company’s, and region’s financial and operational goals. The manager leads on-site teams to maintain high occupancy, property standards, timely unit turns and routine maintenance, attractive and functional grounds, owner and resident satisfaction, and expense controls.

This is not a work-from-home role. The selected individual must be based in the DC/MD/VA metro region and travel regularly to assigned communities, typically daily and often for multiple days at a time. Travel is expected to exceed 80% of the work time. The role may require work during days, evenings, and weekends as needed.

Requirements

• At least 5 years of experience in affordable LIHTC and Project Based Section 8 multifamily affordable housing property management.
• Successful experience with certifications, recertifications, REAC/NSPIRE inspections, and MORs.
• Working knowledge of property management, accounting, inspections, collections, evictions, and marketing.
• Understanding of financial statements, budgets, regulations, LIHTC, and local and state statutes.
• Willingness to travel more than 80% of the time to assigned properties; travel is typically daily and may involve multiple-day visits.
• Strong verbal, written, reading, and communication skills, with the ability to engage professionally and effectively with diverse audiences.
• Strong organizational and time-management skills and the ability to multitask.
• Customer-service skills and professional courtesy when communicating with residents, clients, employees, and others.
• Ability to work with minimal supervision and direction.
• Strong leadership, management, and supervisory skills.
• Ability to train and evaluate others, develop their skills, and manage performance effectively.
• Strong experience with Yardi and excellent proficiency with Microsoft Office Suite, including Outlook, Word, Excel, SharePoint, and Teams.
• Strong resident-relations skills and ability to model conflict resolution and customer satisfaction.
• Valid driver’s license and reliable transportation to cover and oversee the assigned community portfolio.
• Ability to work days, evenings, and weekends as needed.

Nice To Haves

• Prior experience as a Regional Property Manager, with more than 2 years managing a multisite portfolio of 6 or more communities, strongly preferred.
• College degree preferred, but not required.
• CPM, HCCP, COS certification, or equivalent strongly preferred.

Responsibilities

• Oversee the overall operations of assigned properties.
• Review monthly financial reports, prepare owner reports, and attend asset management meetings.
• Respond to questions from owners, government agencies, financial institutions, auditors, accounting, and staff.
• Hire, oversee, and evaluate staff; approve raises; counsel employees; and administer personnel decisions.
• Monitor compliance with federal, state, and local regulations and company policies and procedures.
• Review leases, rules and regulations, contracts, licenses, rent schedules, personnel files, and resident files.
• Review delinquency reports, bank deposits, equipment inventories, and inspections.
• Inspect properties and implement property standards.
• Supervise and train Community Managers and other team members, and conduct staff meetings.
• Enforce staff safety standards and training.
• Follow up on all aspects of property management as needed.
• Prepare and implement budgets.
• Negotiate contracts on behalf of properties or the company, subject to approvals.
• Prepare for regulatory agency inspections.
• Perform other tasks, projects, and responsibilities assigned by management.

Benefits

• Two weeks of paid vacation for eligible full-time positions of 30 or more hours per week.
• One week of sick leave for eligible full-time positions of 30 or more hours per week.
• 11 paid holidays for eligible full-time positions of 30 or more hours per week.
• Health and welfare benefits for eligible full-time positions of 30 or more hours per week.
• May be eligible for discretionary and/or performance-based spot or annual bonuses.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed