VP of Property Management
About The Position
The VP of Property Management oversees property management activities across a regional portfolio and supports the department’s KPI growth initiatives. The role manages and develops Property Management staff, ensures efficient property and financial operations, and works with internal and external stakeholders to support DLC’s portfolio. The position may be based in Columbus, Chicago, Atlanta, Dallas, or Elmsford, with a hybrid work model. The VP reviews material service and construction contracts and annual operating and capital expense budgets, monitors performance metrics, and manages strategic regional and national vendor relationships. In collaboration with the SVP and Regional Property Manager, the VP leads due diligence for acquisitions, dispositions, and refinances, develops departmental policies and procedures, and identifies operating and financial efficiencies across the portfolio.
Requirements
- Bachelor’s degree.
- At least 10 years of property operations experience working with open-air retail shopping centers.
- Deep knowledge of building systems and components, facilities maintenance protocols, labor and material pricing, and industry standards.
- Established relationships with major regional and national vendors, as well as landlord and tenant peer groups.
- Experience navigating municipal code requirements and approvals.
- Ability to travel regularly.
- Strong teamwork and ability to cultivate a collaborative, respectful, and positive culture.
- Unquestioned integrity and reputation.
- Desire to identify inefficiencies and find creative ways to improve and add value.
- Proactive problem-solving skills and a can-do mentality.
- Excellent communication skills, including the ability to report financial and project information to executive leadership and investment partners.
- Strong negotiation skills and ability to represent the DLC brand confidently.
Nice To Haves
- Specialized professional certification, such as CPM or CCIM.
Responsibilities
- Manage and develop Property Management staff with varying experience and skill sets to ensure appropriate resource allocation and efficient execution of property management activities.
- Establish and maintain strong working relationships with tenants, vendors, investment partners, and internal senior leadership.
- Review and approve material service and construction contracts proposed by Property Managers, including oversight of scope, schedule, and budget.
- Review and approve annual operating and capital expense budgets.
- Monitor key operational and financial performance metrics for Regional Property Managers to ensure efficient property and financial operations.
- Manage strategic regional and national vendor relationships.
- Enforce Property Management and DLC policies.
- Champion corporate and cross-departmental initiatives.
- Work with the SVP to develop departmental policies and procedures to maximize performance and productivity.
- Lead due diligence for capital markets transactions, including acquisitions, dispositions, and refinances, in collaboration with the SVP and Regional Property Manager.
- Continuously evaluate portfolio and team operations for opportunities to introduce operating or financial efficiencies.
Benefits
- Competitive pay.
- 401(k) company match.
- Medical, dental, and vision insurance.
- Hybrid work model.
- 20+ paid days off annually.
- 13+ paid holidays in addition to PTO.
- Paid parental leave.
- Industry-leading training and development.
- Open-door policy.
- Industry trade shows and event access.
- Mentorship program.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
