Regional Property Manager

Ad-West Realty Services • Bellevue, WA

37d • Hybrid

About The Position

Regional Property Managers oversee the operations of a portfolio of 20–25 apartment communities throughout Washington State, including properties financed through affordable housing programs such as LIHTC, USDA RD, and HUD. They manage on-site teams and ensure company and program policies and procedures are implemented while properties meet their financial, physical, and operational goals. The role includes close coordination with Accounting, Administrative, and Compliance teams.

The position involves building strong working relationships with on-site managers and clients, supporting staff development, improving operational processes, and delivering customer service to clients. Regional Property Managers develop and monitor property budgets, review financial statements, report to property owners, and conduct property inspections. The position requires regular travel to communities and a combination of office and work-from-home time.

Requirements

• At least 2 years in a supervisory or leadership role.
• Exceptional leadership skills, including experience in team development and staff management.
• Ability to read, understand, and analyze financial statements.
• Experience with budgeting and forecasting.
• Clear written and verbal communication skills.
• Proficiency in Office 365, particularly Microsoft Word and Excel.
• Exceptional attention to detail and accurate data-entry skills.
• Logical critical thinking and practical problem-solving abilities.
• Ability to multitask in a high-pressure environment and meet deadlines.
• Ability to collaborate and contribute to team cohesion.
• Ability to complete thorough physical inspections of apartment communities.
• Ability to drive up to 8 hours per day to reach diverse locations and travel by aircraft.
• Ability to move safely over uneven terrain or in confined spaces, traverse irregular and steep terrain, ascend and descend stairs and ladders, and lift up to 50 lbs.
• Ability to concentrate while managing competing priorities and interruptions.
• Ability to exercise independent judgment when analyzing financial statements, budgets, and operational data and determining appropriate action.
• Ability to organize, prioritize, and track numerous open items, deadlines, and responsibilities across 20–25 properties.
• Ability to adapt communication style to different audiences and manage or de-escalate stressful situations professionally.
• Ability to receive and respond to feedback and coaching, and deliver constructive or corrective feedback to direct reports.

Nice To Haves

• Property management experience.
• Knowledge of affordable housing programs, including USDA RD, LIHTC, and HUD.

Responsibilities

• Oversee operational, financial, and compliance matters for 20–25 apartment communities throughout Washington State, with support from Accounting, Administrative, and Compliance teams.
• Lead and manage on-site managers to support effective community management and performance.
• Develop and monitor annual budgets for each property.
• Review monthly financial statements and prepare monthly reports for property owners.
• Work toward each property's financial, occupancy, and physical objectives.
• Conduct regular property inspections to maintain and enhance property conditions and build rapport with on-site team members.
• Address performance issues promptly and effectively, maintaining property-management standards and team accountability.
• Build relationships with site teams and clients, foster professional growth, and improve operational processes, systems, and tools.
• Provide customer service as the main point of contact for clients in the portfolio.

Benefits

• Medical, dental, vision, life, and voluntary life coverage, plus FSA and EAP.
• Three weeks of accrued vacation.
• One week of accrued sick leave.
• 13 company-paid holidays.
• 401(k) with company match up to 4%.
• Hybrid schedule: 2 days in the office and 3 days from home, with occasional travel to properties.

What This Job Offers

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