Regional Property Manager

Fifteen Group Capital, LLC•Monterey Park, CA

About The Position

FAM Residential stands at the forefront of multifamily property management, transforming communities and enriching lives across the affordable housing market. As a forward-thinking organization, we combine innovative technology with proven operational excellence to deliver exceptional resident experiences while maximizing asset performance. Our commitment to professional growth, operational innovation, and community impact has established us as a leader in residential property management. Join our dynamic leadership team as a Regional Manager and take the helm of a portfolio of multifamily communities in the vibrant Los Angeles market. This is more than a management role—it's an opportunity to drive strategic growth, lead high-performing teams, and make a lasting impact on both our business and the communities we serve. You'll be empowered to implement cutting-edge solutions, optimize performance across multiple assets, and build a legacy of operational excellence. The Regional Manager is responsible for managing an assigned portfolio of multifamily communities. You will make decisions to maximize income and minimize expenses and achieve overall objectives of the communities in your region. You will oversee financial budgeting and reporting, and marketing and leasing efforts for all apartment communities in your portfolio. You are responsible for hiring, training, mentoring and leading on-site professionals. Responsibilities also include planning, assigning, and directing work; evaluating performance; addressing conflicts and resolving issues.

Requirements

Previous experience as a regional manager or district manager in multifamily property management with supervisory/management experience is necessary for consideration.
Advanced knowledge of property management software Yardi (required), RealPage, Knock, Rent Café, Resman, Bilt etc.
Strong experience in developing property budgets and dealing with complex operational matters daily.
Knowledge of Internet, Email, and social media as it pertains to marketing of community.
Ability to provide timely and accurate response to ownership, upper management, and various corporate departments.
Possess strong leadership, interpersonal and organizational skills.
Demonstrate strong negotiating and sales abilities.
Knowledge of Microsoft Excel, Microsoft Word, and other Microsoft Office products.
Ability to respect and maintain confidentiality.
Valid California driver's license with clean driving record and current auto insurance
Ability to travel between properties within the Los Angeles market area
Physical capability to conduct property inspections including walking, climbing stairs, and accessing all areas of residential communities

Nice To Haves

College degree preferred; CPM designation is a plus; but neither required.

Responsibilities

Oversee daily operations of assigned properties to ensure adherence to company policies, procedures, and standards.
Professionally represent the Company with its employees, residents, and vendors.
Maintain cadence with site teams, accounting & marketing representatives.
Visit portfolio assets to ensure, best practices, compliance, and organizational standards
Uphold and further progress with existing operations plans and initiatives.
Lead the annual budget preparation process for assigned properties in collaboration with accounting professionals.
Maintain detailed knowledge of month-over-month income statement variance and budget variance. Provide detailed written evaluation of income and expense line items that vary relative to the prior the prior month and the respective budget month.
Provide capital improvement suggestions for assets within the portfolio, check approval of all invoices for payment, provide follow-up so that they are presented timely to accounting department for payment.
Oversee and manage on-site teams at each asset within the assigned portfolio.
Develop a best-in-class on-site team through effective recruitment, training, motivation, and coaching strategies.
Implement new technology and software at each assigned property with the goal of increasing operational efficiency.
Collaborate with the marketing team on digital marketing initiatives and community promotion.
Ensure consistent implementation of leasing procedures and resident retention programs.
Monitor market conditions and competitive landscape to inform pricing and positioning strategies.
Ensure all properties comply with fair housing laws, safety regulations, and local ordinances.
Maintain current knowledge of relevant legislation affecting residential property.
Manage, Implement, and monitor risk management protocols and safety procedures.
Coordinate with legal counsel on any compliance or resident issues as needed.