Regional Property Manager

Cobalt is working with a growing residential real estate firm based in Pennsylvania. The Regional Property Manager will play a pivotal role in ensuring the efficient and seamless operation of a magnificent portfolio in Camden County. You will be responsible for all aspects of property management, including resident relations, financial management, and vendor supervision.

About the Regional Property Manager role:

Key Responsibilities:

• Communication and Reporting: Regularly communicate with Leadership team, providing updates on property operations, financial performance, and relevant issues; Prepare regular reports on property performance and present findings to stakeholders

• Financial Management: Develop and manage the property budget, ensuring financial goals are met and expenses are controlled; Handle delinquencies, and work with accounting professionals to maintain accurate financial records

• Tenant Relations: Serve as the primary point of contact for residents, addressing inquiries, concerns, and resolving issues in a timely and professional manner; Enforce community rules and regulations to maintain a harmonious living environment

• Vendor Management: Negotiate contracts with service providers and vendors, such as maintenance contractors, security services, and landscaping companies; Ensure vendors adhere to agreed-upon service levels and quality standards

• Regulatory Compliance: Ensure properties comply with all local, state, and federal regulations, including Local Law projects, building codes, safety standards, and Fair Housing laws; stay up-to-date with industry trends and legal requirements affecting building management

• Team Leadership: Supervise and mentor property management staff; foster a positive and collaborative team environment to ensure high levels of employee satisfaction and performance

Key Requirements:

Experience: A minimum of 5 years of property management experience in New Jersey residential real estate is required

Educational Background: A Bachelor's degree in any business-related field is preferred

Financial Knowledge: Knowledge and experience in financial accounting within residential real estate, financial reporting, and budgeting

Project Management: Hands-on experience with capital improvement construction projects, including the ability to plan, organize, and coordinate multiple projects

Communication Skills: Strong verbal and written communication skills are necessary for effective interaction with team members and Leadership team

Technical Proficiency: Proficiency with MS Office Suite programs, particularly Outlook, Excel, and Word, for data analysis and communication

Compensation: $100,000 - $125,000 + Bonus + Benefits

The above salary range represents Cobalt's good faith and reasonable estimate of the possible base compensation range at the time of posting and is one part of the total rewards package this client provides to employees.

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