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This range is provided by M. Shapiro Real Estate Group. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
$105.00/yr - $115.00/yr
Regional Manager
M Shapiro Real Estate Group
We are a growing, fast-paced property management office located in Farmington Hills, MI seeking a Regional Manager for apartment complexes.
The ideal candidate will be enthusiastic, dependable, self-motivated and highly organized. The applicant will supervise a team of community managers to ensure performance of the properties meet the company standards as well as the owners needs.
Job Description
Develops the annual budget(s) for the properties comprising the assigned portfolio and oversees attainment of budgeted goals by analyzing and evaluating financial statements, reconciling monthly statements against approved budget, and working with the Asset Management team, client/owner, and stakeholders to address and resolve gaps in the financial performance of the portfolio.
Ensures that the portfolio and individual communities meet the established operational, financial, and business performance goals by inspecting properties, reviewing economic, market, and operational reports, and developing and implementing appropriate action plans to achieve results.
Provides leadership to the team of community managers by interviewing, hiring, and training team members and by managing their performance following Company policies, values, and business practices. Oversees the appropriate and adequate staffing at each community and supervises community team members' acquisition, development, and management.
Promotes client satisfaction and retention through timely reporting and ongoing communication about the performance of the properties and responds quickly and with urgency to client/owner concerns, questions, issues, and requests.
Reviews analyzes, and interprets market data to identify emerging trends that may impact the portfolio's performance and works with community managers and others to develop and implement market plans that drive occupancy and revenue growth.
Ensures that the appearance and physical aspects of the properties meet the Company's and owner's established standards through routine site and safety inspections and communicates concerns and requests for capital as needed to provide for the physical upkeep of each property in the portfolio.
Coordinates work activities and services from vendors, consultants, and other contractors as needed by researching and identifying needs, negotiating contracts, monitoring progress, processing invoices, and ensuring open communication between consultants and Company project team members.
Completes various human resources, financial, administrative, and other reports, analyses, and other duties as assigned or necessary.
Requirements & Qualifications
>5yrs experience managing Class A & B Assets at a portfolio level with a minimum of 1,500 units
Proven track record in executing occupancy & unit renovation business plans
Travel as needed
Competency in MS Office, databases, and property management software
Thorough knowledge of federal, state, and local laws pertaining to fair housing and employment law
Working knowledge of basic accounting principles
Education & Experience:
Bachelors Degree in Real Estate or a related field and or Accredited Industry Certifications
Compensation:
105k plus performance bonuses
Job Type: Full-time
Seniority level
Director
Employment type
Full-time
Job function
Sales and Business Development
Industries
Real Estate
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