Regional Property Manager

Title: Regional Property Manager

Compensation: $100,000 - $150,000 Base Salary + Bonus + Benefits

Location: Southeast Pennsylvania Region

A Regional Property Manager role has arisen with a rapidly growing residential real estate firm in the Southeast Pennsylvania Region. The Regional Property Manager will manage about 5-6 properties (subject to change) and play a pivotal role in ensuring the efficient and seamless operation of the portfolio. You will be responsible for all aspects of property management, including leadership & team management, resident relations, financial management, and vendor supervision.

About the Regional Property Manager role:

Key Responsibilities:

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

• 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.

• Compliance & Risk Management: Ensure compliance with federal, state, and local regulations, including Fair Housing laws and building codes. Manage risk by implementing and enforcing safety protocols and insurance requirements. Address and resolve legal and regulatory issues as they arise.

• Property Operations: Oversee the day-to-day operations of multiple properties, ensuring adherence to company policies and procedures. Develop and implement operational strategies to enhance property performance, tenant satisfaction, and profitability. Conduct regular property inspections to assess conditions, address maintenance issues, and ensure compliance with safety and regulatory requirements.

Key Requirements:

• Minimum 5 years experience as a Regional Property Manager - Luxury or Class A Multi-family

• A Bachelor's degree in any business-related field is preferred

• Exceptional communication, customer service, and organizational skills

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

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

• Ability to manage multiple priorities while demonstrating the initiative to produce results and resolve problems

• Proficient in Yardi, Microsoft Word, Excel

Compensation: $100,000 - $150,000 Base Salary + 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.

Cob3