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Position: Regional Portfolio Manager for the Multifamily Division – based in Baltimore, MD
Role Overview
Oversee the performance, asset management, and staff development for a portfolio of 4-6+ communities throughout a geographic region. Serves as point-of-contact between ownership and onsite team members to implement necessary business plans.
Most Important Responsibilities
ONSITE OPERATIONS
Ensures adherence to the approved annual budget through review of monthly variance reports, reclasses and accruals with necessary adjustments being recommended and implemented.
Responsible for utilizing property management software reports to monitor, maintain and create action plans as needed to meet or exceed budgeted goals.
Prepares and leads efforts associated with bank inspections, refinancing, appraisers and inspectors ensuring the readiness of the physical asset.
Reviews and guides performance of related metrics (closing ratios, apartment turn times, etc.) as defined by the executive team.
Reviews marketing and advertising activities to maintain appropriate traffic levels and makes necessary recommendations when appropriate.
Maintains knowledge of local markets to be subject expert when called upon to make pricing recommendations and share other observations.
Conducts frequent onsite assessments of the communities under management to confirm adherence to curb appeal standards.
Participates in calls, emails and in-person meetings with all/any stakeholders when necessary.
Main point-of-contact during acquisitions or disposition activities for internal and external parties.
Ensures all company policies and procedures are being followed.
PEOPLE MANAGEMENT
Provides continual on-the-job training and mentoring to enable employees to reach individual and community goals.
Ensures team members are meeting or exceeding the minimum requirements outlined in job descriptions and take appropriate action if necessary.
Provides team with leadership and supervision that motivates them to perform ensuring positive, effective, and respectful communication among staff members.
Participates in onsite weekly staff meetings with an agenda and goals/desired outcomes.
Conducts regular portfolio meetings with various levels of personnel to discuss performance, training and other topics as required.
Implements and follows the progressive discipline process per company protocol.
Completes and communicates performance evaluations as scheduled.
Most Important Qualifications
Regional Portfolio Manager experience preferred.
5+ years of experience managing people.
Portfolio will likely be a mix of garden-style, mid-rise, new assets and some value-add.
CPM, CAPS a plus!
Ability to travel to your sites 50%+ of the time.
We own & operate all of our assets and invest in the long-term. Voted a Top Workplac e locally and nationally for several years in a row recently.
Seniority level
Director
Employment type
Full-time
Job function
Finance and Sales
Industries
Real Estate
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