Job opening
Regional Property Manager
Filed under Leasing Residential Real Estate
Full job description
Position Summary
The Regional Property Manager is responsible for the operational, financial, and physical performance of a portfolio of multifamily communities. This individual provides leadership to Community Managers and site teams while ensuring each property achieves its operational goals, financial objectives, and resident service standards.
The Regional Property Manager serves as the primary liaison between ownership, corporate leadership, and on-site teams, driving operational excellence, team development, occupancy growth, expense control, capital project execution, and resident satisfaction.
This role is highly visible and requires an experienced leader capable of building strong teams, solving complex operational challenges, and creating accountability throughout the portfolio.
Travel throughout the assigned region is expected.
Primary Responsibilities
Portfolio Leadership
- Direct oversight of a portfolio of multifamily communities
- Lead, coach and mentor Community Managers and on-site teams
- Conduct regular property inspections
- Ensure company standards are consistently maintained
- Create a culture of accountability, ownership and customer service
Financial Performance
- Develop and manage annual operating budgets
- Review monthly financial statements
- Analyze variances and implement corrective action
- Maximize NOI and portfolio value
- Monitor delinquency, bad debt and collections
- Approve expenditures within authority limits
Operations
- Drive occupancy and leasing performance
- Monitor resident retention initiatives
- Ensure preventative maintenance programs are executed
- Oversee capital improvement projects
- Maintain regulatory compliance
- Ensure company policies are followed consistently
Client & Ownership Relations
- Prepare monthly ownership reports
- Participate in asset management meetings
- Present operational recommendations
- Support acquisitions and due diligence efforts
- Coordinate property transitions with internal departments
Team Development
- Recruit, train and develop Community Managers
- Conduct performance reviews
- Develop succession planning
- Identify training opportunities
- Foster leadership growth throughout the organization
Qualifications
- 5 years Regional Property Management experience
- Strong multifamily operational experience
- Experience managing multiple communities
- Budgeting and financial analysis experience
- Knowledge of Fair Housing and landlord-tenant regulations
- Strong leadership and coaching abilities
- Excellent communication and organizational skills
- Ability to travel throughout the region
Preferred Experience
- CAM, CAPS or CPM designation
- Experience with Yardi, AppFolio or similar property management software
- Experience with acquisitions and property stabilization
- Value-add renovation experience
Core Competencies
- Leadership
- Financial Management
- Asset Performance
- Team Development
- Operational Excellence
- Client Relations
- Strategic Thinking
- Decision Making
- Communication
- Accountability
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About Corridor Property Management
Corridor Property Management is a full-service property management company serving multifamily, student, and workforce housing. Built on 20+ years of vertically integrated real estate operating experience, we bring deep expertise and hands-on attention to every community in our portfolio.