Regional Property Manager (MD/DC Area Multi-Family Affordable Housing)

Pratum Companies • Gaithersburg, MD

1d • $85,000 - $110,000 • Onsite

About The Position

The Regional Property Manager is responsible for managing operations and maximizing financial value of a diverse, multi-site residential apartment portfolio o f market-rate communities . An associate in this position will be assigned by the VP to manage different properties in a region; this region will be in the Maryland/DC Metro Area such that routine daily/weekly travel to multi-family apartment communities will be required. The duties include achieving the financial and operational goals of the owner’s, the company, and of the region. The Regional Property Manager leads on-site staff to ensure a sufficient flow of revenue by maintaining a high percentage of apartment unit occupancy, adherence to property standards (to include unit turns and routine maintenance, grounds at a functional and high aesthetic level), Owner and resident satisfaction and controlling expenses. NOTE : This role is not a work-from-home role, and will require the selected individual to be based in the Maryland/DC Metro Area. Regular travel to be on-site daily in support of properties in this region is a requirement.

Requirements

• Minimum 5+ years-experience in affordable LIHTC & Project Based Section 8 multi-family affordable housing property management.
• Strong preference for 2+ years of prior experience with multi-site portfolio management (5+ communities).
• Successful experience with certifications, recertifications, REAC/NSPIRE inspections, MORs is required.
• Working knowledge of all aspects of property management, accounting, inspections, collections, evictions, marketing, etc.
• Willing to travel 80%+ of the time to be on-site at properties within the RPM's assigned portfolio.
• Travel is typically daily but, often multi-day to properties within the region.
• Understanding of financials, budgets, regulations, LIHTC, local and state statutes.
• Superb organizational and time-management skills, able to multi-task.
• Customer service - common courtesy and good communication skills with residents, clients, employees, and other individuals at all levels.
• Works well with minimal supervision and direction.
• Strong leadership, management, and supervisory skills.
• Work days, evenings and weekends as needed.
• Ability to train and evaluate others, and develop skills and effectively manage performance.
• Computer skills – Must have strong experience with Yardi and excellent proficiency with Microsoft Office Suite (Outlook, Word, Excel, SharePoint, Teams, etc.).
• Strong resident relations skills, and a role model in conflict resolution and customer satisfaction
• Must have a valid driver's license and reliable transportation to provide effective coverage and oversight for assigned community portfolio.
• Other tasks, projects, responsibilities as assigned by management.

Nice To Haves

• College degree preferred, but not required.
• CPM/HCCP/COS/certification or equivalent strongly preferred.

Responsibilities

• Responsible for the overall operations of assigned properties
• Review monthly financial reports, prepare owner reports and attend asset management meetings
• Answer questions from owner, government agencies, financial institutions, auditors, accounting, staff, etc.
• Hire, oversee and evaluate staff, approve raises, counsel and administer personnel decisions
• Monitor compliance with federal, state and local regulations as well as Company policies and procedures, etc.
• Review leases, rules and regulations, contracts, licenses.
• Review rent schedules, personnel files and resident files.
• Review Delinquency Report, bank deposits, equipment inventory, inspections, etc.
• Inspect site and implement standards.
• Supervise, train and conduct staff meetings with Community Managers and other team members.
• Enforce safety standards and training for staff.
• Follow up as needed on all aspects of property management.
• Prepare and implement budget.
• Negotiate contracts on behalf of the property(ies)/company subject to approvals.
• Prepare for regulatory agency inspections.
• Any other tasks, duties, projects, and responsibilities as assigned by management.

Benefits

• Full-time positions (30+ hours/week) are eligible for 2 weeks paid vacation, 1 week sick leave, 11 paid holidays, and health & welfare benefits as outlined on the Company’s website.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed
• Number of Employees: 11-50 employees