Director of Property Management
3 weeks ago
About Us:
We are a leading provider of high-quality residential housing, managing a diverse portfolio that includes both affordable and market-rate properties. We are committed to providing exceptional service to our residents while maintaining the highest standards of operational excellence. As we continue to grow, we are seeking a dynamic and experienced Director of Property Management to join our Senior Leadership Team.
Position Overview:
The Director of Property Management will oversee the day-to-day operations and financial performance of a diverse housing portfolio. This leadership role will require a strategic thinker who can drive performance, ensure compliance with regulatory standards, and lead a team dedicated to providing outstanding service to our residents. The ideal candidate will have a strong background in property management, financial oversight, and team management, with a proven ability to innovate and implement cost-reduction initiatives.
Key Responsibilities:
Oversee the daily operations of a portfolio that includes both affordable and market-rate properties.
Ensure properties meet budgeted financial goals and performance targets through the implementation of effective policies, procedures, and systems.
Monitor and manage the financial performance of the portfolio, ensuring profitability and cost control.
Lead a team of property managers and staff, providing guidance, mentorship, and professional development.
Conduct regular property visits to assess conditions, identify improvement opportunities, and ensure maintenance and operational standards are met.
Collaborate with internal teams and external vendors to oversee large-scale capital improvements, ensuring timely and cost-effective execution.
Develop and implement strategies to meet compliance with local, state, and federal regulatory requirements, including affordable housing regulations.
Lead and support efforts towards innovation and continuous improvement, focusing on cost reduction and operational efficiencies.
Participate in strategic planning with the Senior Team to drive company-wide goals and initiatives.
Perform other duties as assigned, contributing to the growth and success of the organization.
Qualifications:
Bachelor's degree in Business Administration, Real Estate, or a related field.
Minimum of 8-10 years Property Management experience in affordable housing specifically required.
Minimum 5 years experience supervising site teams of affordable properties.
Knowledge of Section 42 low-income housing tax credit, HUD, USDA Rural Development, and similar housing programs.
Strong knowledge of the Fair Housing Act. COS and LIHTC certifications a must. REAC, Section 8 and Section 515 experience a plus.
Demonstrated leadership skills using performance incentives and team-building strategies.
Strong financial acumen, including experience in budgeting, financial analysis, and cost control.
Excellent communication, negotiation, and interpersonal skills.
Why Join Us?
Competitive salary and benefits package.
Opportunity to be part of a collaborative Senior Team focused on innovation and growth.
Meaningful work that impacts the communities we serve.
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