Regional Vice President - Northeast

Prime Group Holdings

4d

About The Position

Prime Group Holdings, LLC, a vertically-integrated private equity real estate firm specializing in self storage and other alternative real estate asset classes, has an exciting opportunity for a talented Regional Vice President - Northeast.
With $6.7 billion in assets under management, Prime Group is among the largest private owners and operators of self-storage properties globally, with a portfolio of 320+ self-storage assets across 28 U.S. states, three Canadian provinces, and the U.S. Virgin Islands, totaling 24+ million rentable square feet. The firm manages three flagship funds on behalf of a global investor base, including Prime Storage Fund III, the largest self-storage dedicated fund ever raised.
Headquartered in Saratoga Springs, NY, Prime Group employs 700+ professionals and maintains a regional office in Jupiter, FL and Manhattan, NY along with investment originations offices in Denver, CO; Hackensack, NJ; Yorktown, VA; and Calgary, Alberta. The firm’s 21-person senior leadership team is supported by specialized teams across sourcing and acquisitions, asset and portfolio management, compliance and legal, property management, information technology, transactions and financing, marketing, accounting, training, and other core functions.
Prime Group’s performance is rooted in a culture of respect, teamwork, ethical business practices, accountability, and persistence. The firm places significant value on the relationships it has built with customers, employees, investors, and stakeholders. PitchBook has recognized Prime Group as one of the top 10 real estate value-add fund managers in its 2023 Global Manager Performance Score League Tables.
The Regional Vice President will play a crucial role in driving growth by managing and overseeing regional District Managers, ensuring effective communication between field operation teams and home office departments, and optimizing controllable expenses for maximum operating income. The position involves collaborating with executive leadership on budgeting, developing innovative approaches to enhance revenue growth, and fostering a culture of employee engagement and service excellence.

Requirements

• Minimum of 8 years of experience in operations management within a retail setting or related field is required; self storage experience preferred
• Bachelor’s degree in Business, Management, or similar field; MBA/Master’s is a plus
• Demonstrated experience leading and inspiring a team
• Experience in developing budgets and business plans
• Excellent organizational, communication, and leadership skills, backed by previous professional success
• Proven ability to plan and manage operational processes for maximum efficiency and productivity
• Ability to streamline or implement structures and roles that boost speed and efficiency while supporting rapidly shifting business demands
• Excellent analytical, decision-making, and problem-solving skills

Nice To Haves

• self storage experience preferred
• MBA/Master’s is a plus

Responsibilities

• Manage regional District Managers while providing support, professional coaching, and effective feedback to increase management performance
• Ensure effective communication between field operation teams and home office departments
• Manage controllable expenses to provide the highest operating income for storage facilities across the United States and Canada
• Manage payroll budgets across field locations spanning multiple countries
• Work directly with COO and EVP of Operations to prepare and create property budgets, capital budgets, operational reviews, expense reports, and other related reports necessary to manage and improve performance
• Develop new and innovative approaches to renting space, expand customer reach, convey value and brand awareness in ways that drive significantly stronger rental activity, revenue growth and value
• Partner with District Managers on field hiring initiatives including but not limited to associate retention programs, training, and staffing trends
• Work closely with Training department to create rollout plans and training material for new company programs and initiatives
• Drive a culture of employee engagement, sales and service excellence across field facilities
• Makes property visits as required to ensure company policy, procedure, and performance expectations are being met
• Collaborate with marketing team to develop future marketing plans for each area and follows up on implementation to achieve the overall marketing goals for the company
• Stay current on the market and the competitive landscape to identify opportunities for growth and expansion

Benefits

• Competitive rate of pay and a generous benefits program
• Participation in company’s performance-based incentive program(s)
• Medical, dental, vision, life, short-term disability, and long-term disability insurance program
• Paid vacation time; paid sick time; paid holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Manager