Senior Regional Property Manager

Be a part of something great and find yourself
At Home, At Sherman
As a member of Sherman, we invite you to join our mission of Building Communities, Enriching Neighborhoods, and Empowering People. You can make an immediate impact supporting our real estate development and management operations in hotels, residential, and retail.

The Senior Regional Property Manager is responsible for overseeing the operations of fiscally sound, well maintained, and socially healthy multifamily housing communities. In addition to providing leadership and guidance to Property Managers, this role may also have direct oversight of Regional Managers and support staff. The Senior Regional Manager's advanced experience allows for oversight of all asset types, including but limited to Affordable, Market Rate, and Mixed-use. This individual must be an excellent cross-functional communicator, problem solver, and have the ability to maximize property performance and meet budget goals.

Essential Functions

• Provides leadership and oversight for a regional portfolio consisting of affordable, market-rate, and mixed-use developments.
• Directly hires, trains, and manages Regional Managers, Property Managers, and support staff, ensuring alignment with organizational objectives and performance standards.
• Engages actively in the real estate industry to identify growth opportunities, remain informed of market trends, and anticipate the impact of legislative or regulatory changes.
• Provides direction regarding staffing/employee issues, consults with human resources to resolve employee relations matter
• Builds and executes strategies for resident retention, community engagement, and long-term affordability preservation in collaboration with agency and financial partners.
• Serves as a representative of the company with public agencies, industry associations, and community organizations to strengthen visibility and regional influence. Provides direction on all resident issues; mediates tenant complaints.
• Conducts annual performance reviews for direct reports.
• Provides property managers with written feedback regarding site visits to outline goals for improving property performance and implementing corrective actions.
• Oversees preparation, monitoring, and potential execution of annual operating budgets across the portfolio, ensuring fiscal health and operational efficiency.
• Drives financial performance by setting clear expectations, maintaining budgetary discipline, and ensuring achievement of occupancy, collections, NOI, and capital improvement goals.
• Collaborates with Project Management, Asset Management, Accounting, Compliance and other departments to adhere to contract requirements and meet performance milestones.
• Monitors properties for compliance with HUD rules and regulations.
• Other duties as assigned.

Supervisory Responsibility

• Supervises, coaches, directs, trains, evaluates staff, and conducts employee reviews.
• As applicable, completes biweekly payroll responsibilities; including, but not limited to, timesheet approval, PTO approval, Missed Punch Forms, commissions, and on-call sheet submission.
• Responsible for carrying out recruitment and hiring efforts in partnership with human resources and management.

Minimum Requirements

• 5-7 years of experience leading a multifamily real estate portfolio (200+ units), or 2-3 years' experience with a bachelor's degree in a business administration, housing policy, real estate, construction management or related fields
• Preferred understanding of Affordable Housing Programs
• Advanced understanding of Mixed-Use development
• CRM, CAM, COS, or other related professional certification preferred
• Excellent verbal, written and presentation skills; Ability to communicate effectively with community tenants, vendors / external parties, and across corporate divisions
• A passion for the mission, vision, and values of Sherman Associates
• Knowledge of Real Page or other related Property Management software (Yardi, Lead2Lease, RealPage OneSite, etc.) strongly preferred
• Excellent verbal, written and presentation skills
• Analytical capability and methodical approach to presenting and interpreting data
• Solid skills and experience with training, mentoring and motivating site managers and staff
• Solid track record of successful financial property performance
• Must have access to reliable transportation
• Advanced Excel, Word, PowerPoint
• Willingness and able to travel extensively between sites
• Valid driver's license and good driving record

TRAVEL

• This position requires frequent travel, up to 50%. Most travel is within 50 miles of the home office. Must be based out of Des Moines, Iowa metro region.

WORK ENVIRONMENT

• This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.
• Exposed to ambient room temperatures, lighting and traditional office equipment found in a typical office environment; quiet to moderate noise level.

Physical Requirements

• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
• While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms.

Compensation And Benefits
Pay Range: $100,000-$120,000 annual salary + annual bonus eligibility.
Pay is based on several factors which vary based on position; including experience, skills, and knowledge the selected individual is bringing to the specific job.
We Offer a Comprehensive Benefits Package Which Includes

• Medical, Dental, and Vision Insurance
• Employer paid short term disability
• Employer paid life insurance

• Additional Supplemental Insurance Policies including

• Voluntary Accident & Critical Illness

• Hospital Indemnity

• Long-Term Disability

• Pet insurance

• Employer paid employee assistance program
• Fully vested 401k company match program
• 9 Paid holidays and competitive PTO program
• Sherman Associates owned Starbucks and Hotel discounts

This job advertisement is intended to provide information essential to understanding the scope of the position. It is not an exhaustive list of skills, duties, responsibilities or working conditions associated with the position.
Only applicants who complete our online application process will be considered. Applicants that need reasonable accommodations to complete the application process may contact -
Sherman Associates is an Equal Opportunity and Affirmative Action Employer. We encourage women, minorities, individuals with disabilities, and protected veterans to apply.
Keyword: Property Manager, Community Manager, Apartment Manager, Housing, Affordable, Compliance, Leasing, marketing, Management, Residential, HUD, management, Manager, Building, real estate, CPM, CAM