Pratum Companies

Regional Property Manager (DC/MD/VA - Affordable Housing/Multi-Family)

Corporate Property Management - Gaithersburg, MD - Full Time

Regional Property Manager - Residential Multi-Family Affordable Housing - DC/MD/VA Region

SUMMARY: The Regional Property Manager is responsible for managing operations and maximizing financial value of a diverse, multi-site residential apartment portfolio of market-rate communities. An associate in this position will be assigned by the VP to manage different properties in a region; this region is expected to be in Washington, DC Metro region such that routine daily/weekly travel to multi-family apartment communities will be required.  The duties include achieving the financial and operational goals of the owner’s, the company, and of the region.  The Regional Property Manager leads on-site staff to ensure a sufficient flow of revenue by maintaining a high percentage of apartment unit occupancy, adherence to property standards (to include unit turns and routine maintenance, grounds at a functional and high aesthetic level), Owner and resident satisfaction and controlling expenses.

NOTE:  This role is not a work-from-home role, and will require the selected individual to be based in the DC/MD/VA Metro region. Regular travel to be on-site daily in support of properties in this region is a requirement.
 

ESSENTIAL DUTIES AND RESPONSIBILITIES includes the following.  Other duties may be assigned.

  • Responsible for the overall operations of assigned properties
  • Review monthly financial reports, prepare owner reports and attend asset management meetings
  • Answer questions from owner, government agencies, financial institutions, auditors, accounting, staff, etc.
  • Hire, oversee and evaluate staff, approve raises, counsel and administer personnel decisions
  • Monitor compliance with federal, state and local regulations as well as Company policies and procedures, etc.
  • Review leases, rules and regulations, contracts, licenses.
  • Review rent schedules, personnel files and resident files.
  • Review Delinquency Report, bank deposits, equipment inventory, inspections, etc. 
  • Inspect site and implement standards.
  • Supervise, train and conduct staff meetings with Community Managers and other team members.
  • Enforce safety standards and training for staff.
  • Follow up as needed on all aspects of property management.
  • Prepare and implement budget.
  • Negotiate contracts on behalf of the property(ies)/company subject to approvals.
  • Prepare for regulatory agency inspections.
  • Any other tasks, duties, projects, and responsibilities as assigned by management.

Qualifications:

The Regional Property Manager will have the following qualifications:

  • Minimum 5+ years-experience in affordable LIHTC & Project Based Section 8 multi-family affordable housing property management.  Strong preference for 2+ years of prior experience with multi-site portfolio management (5+ communities).  Successful experience with certifications, recertifications, REAC/NSPIRE inspections, MORs is required.
  • Working knowledge of all aspects of property management, accounting, inspections, collections, evictions, marketing, etc.
  • Willing to travel 80%+ of the time to be on-site at properties within the RPM's assigned portfolio.  Travel is typically daily but, often multi-day to properties within the region.
  • Understanding of financials, budgets, regulations, LIHTC, local and state statutes.
  • College degree preferred, but not required.  CPM/HCCP/COS/certification or equivalent strongly preferred. 
  • Superb organizational and time-management skills, able to multi-task.
  • Customer service - common courtesy and good communication skills with residents, clients, employees, and other individuals at all levels.
  • Works well with minimal supervision and direction.
  • Strong leadership, management, and supervisory skills.  
  • Work days, evenings and weekends as needed.
  • Ability to train and evaluate others, and develop skills and effectively manage performance. 
  • Computer skills – Must have strong experience with Yardi and excellent proficiency with Microsoft Office Suite (Outlook, Word, Excel, SharePoint, Teams, etc.). 
  • Strong resident relations skills, and a role model in conflict resolution and customer satisfaction
  • Must have a valid driver's license and reliable transportation to provide effective coverage and oversight for assigned community portfolio.
  • Other tasks, projects, responsibilities as assigned by management. 


This role is exempt and has an anticipated annual pay range of $105k-120k for a new employee depending on a number of relevant factors including individuals’ experience, qualifications, knowledge, skills, abilities, client/property or company budgetary limitations/guidelines, and other job-related company and market considerations.  This position may be eligible to receive discretionary and/or performance-based bonuses on a spot or annual basis, which are variable depending on individual merit/performance, budgetary limitations, company performance, and other job-related factors.  This non-exempt role will be eligible for overtime for all hours worked in excess of 40 per week.  Full-time positions (30+ hours/week) are eligible for 2 weeks paid vacation, 1 week sick leave, 11 paid holidays, and health & welfare benefits as outlined on the Company’s website.  To learn more about our company and our benefits, go to: https://pratumco.com/careers/

Pratum Companies is committed to a diverse workforce and is an Equal Opportunity Employer.

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