What are the responsibilities and job description for the Regional Property Manager position at Recruiting - Redstone?
Regional Property Manager
CLASSIFICATION: Full-time, Exempt
COMPENSATION: Starting at $95,000 - $100,000, DOE
BONUSES: Ability to earn an additional 20% of salary through performance bonuses.
BENEFITS:
- Health, Vision, and Dental Insurance
- 15 days of PTO and 10 paid holidays
- 3 Paid service days
- Paid parental leave
- 401K Plan with up to 6% matching
- Continued Education Program
- Employee Assistance Program
- Short-term Disability Insurance
Team: Redstone Residential is a national student and conventional housing operator, headquartered in Provo, Utah. Managing more than 35,000 leases and operating in 18 states, Redstone is the 5th largest 3rd party management company in the U.S.! We were also listed as one of the Top Workplaces in Utah in 2021, 2022, and 2023!
Redstone's purpose is "to empower our people and elevate communities." We achieve our purpose by embodying our core values:
- We Are Believers
- We Communicate Authentically with Care
- We Stay The Course
- We Drive Performance
POSITION SUMMARY Regional Property Managers oversee property operations at a regional level and are responsible for maintaining relationships with our clients and investors. As part of our corporate leadership, Regional Property Managers Managers are expected to exemplify Redstone’s core values.
KEY DUTIES & RESPONSIBILITIES:
Financial
- Utilize a working knowledge of financial reporting (Balance Sheets, P&Ls, Budgets, etc.) to review property reporting with clients and Community Managers
- Submit timely, accurate monthly reporting to clients
- Prepare professional annual Business Plans
- Assist Community Managers in preparing and maintaining annual budgets
- Oversee appropriate actions regarding community delinquencies and evictions
Leasing
- Responsible for community staff’s ability to reach weekly & annual leasing goals
- Continually monitor leasing velocity vs. goals, conversion ratios, traffic logs, and local market survey data
- Regularly audit community leases to ensure accurate leasing data
- Ensure Community Manager utilizes all available leasing tools
- Authorize appropriate leasing campaigns and commission structures
Administrative
- Ensure offices are appropriately maintained for the organization, safety, and data security purposes
- Assist in implementing policy and procedural changes to site staff
- Travel to communities at least once per quarter for site audits and staff meetings
Personnel Management
- Meet weekly with Community Managers to review KPIs and staff/community needs
- Perform Quarterly Reviews with Community Managers
- Hire and terminate Community Managers as needed
- Mediate customer service issues escalated by residents or parents
- Complete annual survey to observe residents’ views of staff customer service
Client Management
- Meet regularly with clients to review KPIs and financials
- Appropriately respond to client questions, requests, & concerns
- Foster a long-term, working relationship with each client
Operations
- Demonstrate the ability to operate assets in Clients’ best interests
- Ensure proper seasonal and life-cycle upkeep of communities
- Facilitate CapEx projects
EXPERIENCE & QUALIFICATIONS:
- 6 years of relevant student housing or multifamily housing experience is required to be successful in this role.
- 4 years of property manager experience.
- Ability to manage projects and multitask several processes at once under stressful conditions.
- Experience with Entrata Software or familiarity with PM software.
- Detail-oriented work ethic, experience managing a budget, P&L ownership.
- Ability to use and quickly learn technology – Google Apps, Microsoft Office, cloud-based management, and dashboarding software.
- Team Player – able to inspire team members to high levels of performance and to provide constructive feedback as needed.
- “Client-ready” professional demeanor and presentation. Previous client interface experience is required.
Salary : $95,000 - $100,000
