Regional Property Manager
1 week ago
Macdonald & Company is seeking a seasoned professional to join their team as a Regional Property Manager. This role offers a unique opportunity to work with a distinguished real estate development firm in Evanston, IL, and contribute to the success of their asset management group.
The ideal candidate will have a strong background in property management, financial analysis, and insurance management. They will be responsible for overseeing third-party property management companies, analyzing financial aspects, and conducting property inspections to ensure the portfolio's physical condition.
The Regional Property Manager will also be responsible for maintaining an in-depth knowledge of affordable housing programs, ensuring compliance with HUD policies, and implementing strategies to maximize the value and efficiency of assets within the portfolio.
Key qualifications for this role include a Bachelor's degree in real estate, finance, business administration, or a related field, and demonstrated experience in property management, financial analysis, and affordable housing compliance.
This is a hybrid work schedule role, with two days from home and three days in office each week. The company offers a dynamic and supportive work environment, and the opportunity to work with a talented team of professionals.
Responsibilities:
- Collaborate with property management companies, regulatory agencies, investors, and other stakeholders to ensure the successful operation and sustainability of the housing portfolio.
- Oversee third-party property management across a diverse range of property types, including multifamily, single-family, and commercial developments.
- Manage and maintain all insurance coverages, identifying and mitigating risks effectively.
- Analyze and review financial aspects, including budgets, monthly financials, reserves, escrows, and distributions for the assigned property portfolio.
- Conduct property inspections to ensure that developments are in excellent physical condition, with occasional travel to various regions across the U.S.
- Oversee and coordinate lease-ups at buildings, ensuring that all leasing goals are met.
- Maintain an in-depth knowledge of affordable housing programs, ensuring compliance by third-party management companies with HUD policies.
- Utilize creative problem-solving skills to troubleshoot operational issues.
- Assist the development and finance teams with the acquisition, disposition, or recapitalization of housing assets.
- Implement strategies to maximize the value and efficiency of assets within the portfolio.
- Review and approve major operational decisions, including maintenance, capital improvements, and vendor contracts.
- Address investor inquiries and concerns regarding property performance.
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Regional Property Manager
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