Regional Property Manager
Sage Ventures – Regional Property Manager
Sage Ventures is a full-service vertically integrated residential development and investment firm. As a collaboratively run corporation, we develop, own, rehabilitate, sell, and manage exceptional properties throughout the greater Baltimore/Washington region.
The Regional Property Manager is a dynamic leadership position responsible for overseeing site employees, daily operations, and driving value creation (NOI growth) of each asset managed. This includes timely implementation of policies and procedures, while being responsible for Profit and Loss (P&L) management for each property under supervision. Portfolio may range from 3-5 properties, with total unit count ranging from 1500-2000.
Our expectation is for you to be a leader of high-performing teams, driving brand, operational and employee excellence through high quality decision making and clear communication at a strategic level, in turn making a positive impact and delivering strong financial results (P&L accountability).
Responsibilities
Develop the annual budgets for the properties in assigned portfolio and oversee attainment of budgeted goals by analyzing and evaluating financial statements, completing budget variance reports, and working with the President to create corrective action plans for any gaps in the financial performance of the portfolio.
Responsible for ensuring KPI’s such as occupancy, delinquency, retention, work order completion time are in line with projections.
Ensure that facilities are well maintained, and standards are adhered to by team and vendors.
Mentor and train team members on a continual basis to ensure a positive mindset, engagement, and productivity in their roles, including assisting in setting road maps for future growth and promotion of team members.
Perform weekly site visits where spot inspections and training with onsite teams are a top priority.
Conduct inspections of building exteriors, interiors, vacant apartments, common areas, amenities, service areas (trash rooms/compactors), maintenance office and shop, leasing office, models, etc.
Ensure that all properties maintain top level customer service.
Look for cost saving measures, manage vendor relationships and use, and work with the onsite teams to see that expenses are managed tightly without compromising quality.
Continually look for new opportunities to better operational practices and efficiencies and make/justify recommendations as appropriate.
Qualifications
2 - 4 years in a Regional Portfolio Manager role required
3 - 5 years of experience in multi-family property management required
BA/BS degree required or industry certifications.
Proficiency with property management software platforms, Yardi preferred.
Proficient in Microsoft (Excel, Outlook, Word)
Ability to effectively build teams and maintain positive employee relations.
Strong communication with all levels of staff, co-workers, management, ownership, and vendors
Proven track record of ability to build consensus among diverse stakeholders.
Strong financial aptitude and analytical skills
Regular travel throughout territory is expected as well as weekly visits to HQ in Pikesville, MD
Benefits
We offer competitive salaries and excellent benefits, including:
- Paid time off
- Medical, vision, dental
- 401K with a company match
- Employee Assistance Program
- 50% rental discount at our properties
- Allowance for travel expenses
This position requires the ability to regularly climb stairs, inspect and show the community, and occasionally bend, stoop, squat, reach above the shoulder, push or pull doors, and lift or carry packages up to 30 lbs.
Sage Ventures is an Equal Opportunity Employer. All employment decisions are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, family or parental status, or any other status protected by the laws or regulations in the locations where we operate.