Regional Vice President

The Regional Vice President, Property Management will lead our team of Vice Presidents and Regional Managers to drive value through effective leadership, financial insight, and innovative business strategies across the multifamily portfolio. This position works closely with executive leadership throughout the organization, to ensure the strategic goals and values are achieved.

• Ensures that owner reporting packages are consistent and delivered to clients in a timely fashion.
• Oversees marketing initiatives and advertising/leasing plans.
• Conducts monthly financial reviews with Regional Property Managers, VPs and on-site Property Managers.
• Monitors expense controls and implements initiatives to achieve or exceed budget
• Serves as a team member in the various processes of acquisitions and new construction, aiding in the marketability and management of assets.
• Focus on marketing, rehab, and re-positioning assets.
• Manages the rigorous annual budget preparation process
• Oversees the appropriate utilization of Reserve for Replacement and/or Residual Receipts for funding capital improvements and/or operating deficits.
• Creates and implements action plans for under-performing assets.
• Benchmarks property performance against regional and national averages.
• Recruits, selects, trains, supervises and counsels management staff.
• Establishes goals and incentive compensation programs for all management staff and ensures that they are implemented consistently.
• Establishes and implements a rigorous monthly forecasting process for each asset.
• Coordinates team members, including outside contractors, to complete the due diligence process on third party management opportunities and potential acquisitions.
• Oversees policies for property operations.
• Communicates with outside owners, investors and/or delegates as appropriate.
• Identifies and implements consistent ancillary income sources to increase property revenues.
• Oversees, Reviews, and approves capital improvement projects within budget parameters.
• Acts as primary liaison with regulatory agencies – IHFA, IHDA and HUD.
• Provides budget for new acquisitions and new construction projects

• Exceptional leadership, management, interpersonal and communication skill
• Background in managing diverse types of multi-family communities
• Track record of successful personnel management – including hiring, training and staff development.
• Minimum 10 years’ experience managing large portfolios of multi-family assets in multiple markets