President of Property Management
Vest Residential
A multifaceted real estate investment, development, and management firm focused on residential properties.
Description
portfolio analysis
budget management
compliance
maintenance programs
performance metrics
vendor management
The President of Property Management provides executive leadership for the organization’s residential portfolio, including multifamily, senior living, and build-to-rent properties. This role is responsible for driving operational efficiency, tenant satisfaction, and financial performance across all communities. The President oversees VPs of Property Management, VP of Marketing, and VP Maintenance. They set companywide standards for residential management and ensure that all properties operate in alignment with the company’s brand, mission, and growth strategy.
Oversee day-to-day operations of all residential communities through VPs, RPMs, and property managers.
Oversee resident retention strategies, reputation management, and community engagement efforts.
Drive performance metrics including occupancy, rent growth, collections, and expense control.
Partner with executive leadership on market expansion, asset acquisitions, and long-term planning.
Set vision and direction for property operations, resident experience, and revenue growth.
Lead, coach, and develop a high-performing team of VPs.
Ensure consistent execution of property upgrades, renovations, and preventative maintenance programs.
Foster a culture of accountability, service, and continuous improvement.
Oversee fair housing training, safety protocols, and risk mitigation initiatives.
Analyze portfolio performance and present quarterly reports to stakeholders and ownership groups.
Resolve escalated resident concerns and legal matters as needed.
Develop and execute strategic plans to grow and optimize the residential portfolio.
Ensure compliance with federal, state, and local residential housing regulations.
Prepare and manage operational budgets and capital improvement plans across the portfolio.
Maintain strong vendor and legal partnerships to support operations.
Implement companywide standards for leasing, maintenance, curb appeal, and tenant services.
Align training, compensation, and performance evaluation systems with business objectives.
Establish and monitor customer service benchmarks to ensure a positive living experience.
Requirements
leadership
mba
realpage
financial modeling
portfolio management
resident satisfaction
Minimum 10+ years of leadership experience in residential property management or asset management required.
Bachelor’s degree in business, Real Estate, or a related field (MBA preferred)
Resident satisfaction and online reputation scores
Proven ability to lead large, geographically dispersed teams
Experience managing portfolios of 20,000+ units across multiple markets required.
Resident Experience
Strong knowledge of leasing strategy, financial modeling, and resident retention best practices
Skilled in property management software platforms (e.g., RealPage)
Benefits
Employee retention and engagement
Occupancy and rent growth
Net Operating Income (NOI) growth
Training + Development
Interview process
Visa Sponsorship
Security clearance
People also searched
Overview
- Driving transformative change in residential real estate.
- Building and managing high-quality residential communities.
- Creating exceptional living experiences for residents.
- Excelling at acquiring and developing properties in key markets.
- Specializing in multifamily development and property management.
- Delivering above-market returns for investors.
- Improving the quality of life for residents.
- Committed to excellence and innovative approaches.
Culture + Values
- Resourcefulness: Take charge mentality; ‘Don’t wait, act.’ Operate with a ‘find a way’ mindset.
- Intentionality: Strategic connections, lasting impact. Quality relationships over quantity of clients.
- Connection: Our strength is in bonds we share. United we thrive.
- Transparency: Accountability in every action. Full accessibility and visibility, no surprises.
- Innovation: Advanced technology meets thoughtful care. Deliver results with a high touch, high tech approach.
- Reputation (Ownership): We build trust by respecting each other, residents, and the properties we manage.
Environment + Sustainability
50% Reduction Target
Greenhouse Gas Emissions
The company aims to reduce Scope 1 & 2 greenhouse gas emissions by 50% across its portfolio by 2030.
66% Emissions Reduction
Achieved Since 2019
The company has achieved a 66% reduction in Scope 1 & 2 emissions since 2019 as of 2023.
83% Green Certified
Multifamily Communities
83% of managed multifamily communities are Green Building Certified as of August 2024.
100% Renewable Energy
Electricity Procurement
The company procures 100% of operationally controlled electricity from renewable sources in its wholly-owned portfolio since 2021.
- EV charging available at 65% of properties, target 100% by 2030.
- 100% of leases include a Sustainability Addendum as of 2023.
- Reduced water consumption 3% since 2020; target 20% reduction by 2030.
- 16.8% of non-hazardous waste diverted from landfill in 2023.
- Pathway includes measuring/disclosing 100% Scope 1 & 2 and >90% Scope 3 emissions, energy efficiency, renewables, and offsets.
Inclusion & Diversity
51% Female Managers
Management Gender Equality
The company achieved gender equality at the management level ahead of schedule, surpassing the original target for 2025.
20% Spend Increase
Supply Diversity
The company increased its spend with minority and women-owned suppliers by approximately 20% in 2023.
- Board composition as of mid-2023: 33% female, 44% racially/ethnically diverse
- Achieved gender equality at management level three years ahead of 2025 goal