Vice President of Property Management

Job Description

• Provides clear direction for operations within Property Management ensuring that the Company financial and business objectives are being achieved.
• Responsible for the preparation of the annual property budgets, with input from all involved: PM Director and staff, VP of Acquisitions and Asset Management, Accounting, and with final review by the COO and President.
• Works closely with the VP of Real Estate Development to establish budgets and management practices for new real estate developments.
• Work closely with Vice President of Acquisitions and Asset Management and CFO to evaluate financial performance against benchmarks established by investors, lenders, and the properties’ operating proformas.
• Sets performance goals by project, related to industry standards; monitors performance, adjust strategies as needed.
• Acquires management contracts with profitable terms and fees; prepare proposals and presentations; maintain current management plans and management agreements, and monitor all contract documents.  Negotiates contract terms and increases as needed.
• Upon contract award, develops takeover strategy and management process with team of key staff positioned to take over.
• Drives consistency of operations, identifies best practices and leads implementations.
• Consults with Construction partners for property management-related considerations for developed assets as well as assets undergoing renovation.
• Monitors new acquisitions, building turnover and leasing programs; approves plans for office establishment and operations set-up. Approves vendor/service contracts.
• Monitors all property management programs and ensures that all legal and regulatory compliance is met.
   
   
  MINIMUM QUALIFICATIONS
   
  • Bachelor’s Degree in Business, Real Estate, or related field is required.
  • Certified Property Manager (CPM) status preferred.
  • At least 10 years of property management experience overseeing a large multi-family affordable housing portfolio at a regional level with strong knowledge of tenant/landlord practices, laws, rules and regulations.
  • Previous experience in managing affordable housing Section 8 and Low-Income Housing Tax Credits.
  • 8 or more years of supervisory experience.
  • Real Estate Broker’s license required.
  • Experienced in P&L, lease, negotiations, vendor and contracts management.
  • Expertise in finance, marketing, revenue maximization, strategic planning, budgeting, forecasting, administration, operations, training, and effective leadership are required.
  • Knowledge of market, feasibility analysis and financial structures is a must.
  • Excellent interpersonal communication skills, including the ability to inspire, motivate and lead a growing team of professionals.
  • Must have excellent computer and software skills.
  • Bilingual (Spanish) skills required.
  • Strong customer service track record