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.
Regional Portfolio Manager Confidential Fife, WA Job Details Full-time $110,000 - $130,000 a year 1 day ago Benefits Health insurance Dental insurance 401(k) Paid time off Vision insurance 401(k) matching Life insurance Qualifications Vendor relationship building Managing property portfolios Stakeholder relationship building
Full Job Description Job Description:
We are seeking a highly skilled and experienced Regional Portfolio Manager to oversee and optimize the performance of our multifamily property portfolio. This individual will be responsible for managing and enhancing the financial performance, operational efficiency, and overall value of assigned properties. The Regional Portfolio Manager will work closely with internal teams and external partners to implement strategies that maximize returns and ensure long-term success.
Key Responsibilities:
Portfolio Management :
Oversee a diverse portfolio of multifamily properties, ensuring financial and operational goals are consistently met.
Financial Analysis :
Conduct in-depth financial analysis, including forecasting, budgeting, and reporting on the financial performance of properties. Develop and implement strategies to increase profitability and asset value.
Property Operations :
Monitor property operations and ensure high standards of property management, tenant satisfaction, and compliance with local regulations.
Strategic Planning :
Create and execute comprehensive asset management strategies that align with company goals and market trends. Recommend and execute capital improvement projects to maximize value.
Market Research :
Analyze market trends, occupancy rates, rental pricing, and competitive landscape to drive informed decision-making and adjust strategies accordingly.
Team Leadership :
Lead and mentor a team of property managers, leasing agents, and other staff members to ensure optimal performance. Foster a culture of collaboration and accountability.
Vendor Management :
Negotiate contracts, manage relationships with vendors, and ensure that third-party service providers meet performance expectations.
Reporting & Communication :
Prepare and present detailed financial reports, performance updates, and strategic recommendations to senior leadership and investors. Communicate effectively with stakeholders, including ownership, property managers, and external partners.
Risk Management :
Proactively identify and mitigate risks related to property operations, financial performance, and market conditions.
Qualifications:
Bachelor's degree in Real Estate, Finance, Business Administration, or a related field preferred. 5+ years of experience in asset management, with a focus on multifamily properties. Proven track record of successfully managing large, complex multifamily portfolios. Strong financial acumen, with expertise in financial modeling, budgeting, and forecasting. In-depth knowledge of real estate markets, property operations, and asset management best practices. Excellent leadership, communication, and interpersonal skills. Ability to manage multiple priorities and work effectively in a fast-paced, dynamic environment. Strong understanding of legal, regulatory, and compliance requirements in the multifamily sector. Ability to build and maintain strong relationships with internal and external stakeholders, including investors, vendors, and property managers.
Pay:
$110,000.00 - $130,000.00 per year
Benefits:
401(k) 401(k) matching Dental insurance Health insurance Life insurance Paid time off Vision insurance
