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The Laramar Group LLC

Multifamily Regional Manager- NM

Job Description

Multifamily Regional Manager- NM The Laramar Group
LLC - 3.7
Albuquerque, NM Job Details 19 hours ago Benefits Paid holidays Disability insurance Health insurance Paid time off 401(k) matching Opportunities for advancement Flexible schedule Life insurance Qualifications Microsoft Excel Property management tools Microsoft Outlook Property supervision Yardi Financial software Client relationship development Managing property portfolios Affordable housing management Bachelor's degree Property management company experience Portfolio management Legal compliance Multifamily properties Full Job Description
COME GROW WITH US!
Laramar was founded in 1989. 35+ years later, we're a vertically integrated investment and property management corporation. From humble beginnings to nationally recognized, we haven't forgotten the basic reason for our success: our people and the relationships they nurture. We're experts at Elevating Everyday Living.
OPPORTUNITY IS EVERYWHERE.
At Laramar, you're part of something special. Something unique. Our core values are our DNA, and it's up to each one of us to bring that to life. We Own It. Most importantly, we stay true to it. We Make It Better Together.
WE CARE ABOUT OUR PEOPLE.
And that is reflected in our commitment to providing excellent benefits including: zero-dollar healthcare plan option, flexible hours & PTO, company-paid life insurance along with paid short- and long-term disability insurance, 14 paid holidays (including your birthday!), Sundays off, and a 401k with company match. The Multifamily Regional Manager (NM) oversees the operational and financial performance of a portfolio of multifamily communities throughout the Albuquerque, NM market. This role requires regular travel between assigned properties and close partnership with onsite teams to drive occupancy, revenue growth, resident satisfaction, and asset performance. Candidates must reside in or near the Albuquerque market to effectively support the portfolio. Career advancement opportunities include Area Vice President, Vice President, and Senior Vice President.
RESPONSIBILITIES
Must demonstrate the ability to understand financial goals and assist in formulation of budgets for multiple sites Actively maintains and reports monthly variances and narratives for all sites in the portfolio Oversees and ensures all properties in the portfolio rents are collected when due, posted in a timely manner and deposits are reported to the corporate office Generates necessary legal action, documents, and processes in accordance with State and Company guidelines Monitors A/P invoices that are submitted to the corporate office for payment, approves petty cash handling and all funds Ensures all sites in the portfolio are rented to fullest capacity Oversees marketing strategies to secure prospective residents at the multiple sites Oversees and ensures current resident files are properly maintained for all sites in the portfolio Oversees LIHTC compliance and affordable housing operations across assigned communities Ensures adherence to federal, state, and program-specific affordable housing requirements Resolves escalated resident concerns and requests on timely basis to ensure resident satisfaction with management Assists the Community Managers in developing and/or implementing resident retention programs Monitors consistent implementation of policies Ensures all sites in the portfolio are in compliance with all Federal and Local Fair Housing regulations and ordinances Actively conducts regular community inspections and tours to ensure the community appearance and repairs are maintained Oversees and assures maintenance quality and quantity of market ready apartments Encourages ongoing training and development for all property employees regarding compliance with all company, local, state, and federal safety rules Ensures unsafe conditions are corrected in a timely manner Oversees all liability and community incidents are reported to the corporate office immediately Builds strong on-site management teams through coaching and motivation Develops strategies to improve performance at the property level Aggressively manages and motivates all on-site staff in order to achieve operational goals of assigned community; this includes ensuring all employees are trained, receive ongoing formal and informal performance coaching, and continuously advising on-site staff of employee procedures and guidelines Other duties as assigned
QUALIFICATIONS
Bachelor's degree required 5+ years of experience in property management with recent experience in a Regional Property Manager role Must have demonstrated asset/portfolio management and operational experience Must have the ability to develop and maintain strong relationships with asset owners Previous LIHTC/affordable housing property management experience required Working knowledge of LIHTC regulations, compliance requirements, and affordable housing operations Proficient in Yardi property management software operations Proficient in Microsoft Office Products, including Word, Excel, and Outlook Frequent travel is a requirement of this position Position requires acceptable motor vehicle driving history, valid and free from restrictions, and must and appropriate vehicle insurance coverage Must be able to successfully pass a background check and five panel drug screen
SKILLS AND ABILITIES
To perform the job successfully, an individual should demonstrate the following competencies: Embodies Laramar Core Values Strong oral and written communicator Positive attitude, organization with strong attention to detail required Participate in proactive team efforts to achieve departmental and company goals Ability to act independently and make decisions Excellent presentation and interpersonal skills Ability to multi-task and manage several projects and excel under tight deadlines Ability to work effectively and display the Company Values
SUPERVISORY EXPECTATIONS
Directly supervises one or more employees. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding, coaching, and disciplining employees; addressing complaints, concerns; and resolving problems.
Physical Demands and Work Environment:
(The phrases "occasionally," "regularly," and "frequently" correspond to the following definitions: "occasionally" means up to 1/3 of working time, "regularly" means between 1/3 and 2/3 of working time, and "frequently" means 2/3 and more of working time.) The work environment is the typical real estate office environment. The employee must complete their work satisfactorily in an environment where there are significant distractions, including staff and vendors walking through and conversing, telephones ringing, conversations carrying over, loud noises, and interruptions to answer questions from others. The physical demands described here represent those that must be met by an employee to perform the essential functions of this job successfully. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing this job's duties, the employee is regularly required to sit and use hands to finger, handle, or feel objects, tools, or controls. The employee frequently is required to talk or hear. The employee is occasionally required to stand; walk; reach with hands and arms, and stoop, kneel, crouch, or crawl. The employee must regularly lift and/or move up to 20 pounds and should do so in a sound and safe manner. This job's specific vision abilities include close vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.

Benefits

  • Paid Time Off (PTO)
  • 401(k) Plans
  • Health Insurance
  • Dental Insurance

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What they do

A Property Manager manages operations for an apartment building or complex. Recruits and screens tenants for apartments, collects rents and security deposits, responds to requests or complaints from tenants, supervises maintenance and repairs; oversees payment of bills, insurance, taxes and recordkeeping. Manages property and services on behalf of a community association, for properties such as condominiums or cooperatives. Collects fees or dues, responds to requests or complaints, supervises maintenance, oversees work done by contractors, and provides accounting of income and expenses. May also assist owners or a board of directors with regulatory compliance or compliance with community association rules. Manages the operation of commercial or residential properties. Oversees the collection of rents and payment of bills, taxes and insurance for properties, and provides property owners with reports on finances and the status of properties. Directs leasing operations, or equipment and machinery rentals, for a company or business. Determines charges and prepares rental or lease agreements; supervises inventory, equipment maintenance and recordkeeping for leasing operations.

$70,287 / year median in New Mexico

+12% projected growth

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