What are the responsibilities and job description for the REGIONAL MANAGER position at Teksky?

Job Description

Job Title : Regional Property Manager

Location : Maryland (Hybrid - Remote with Weekly Travel)

Job Type : Full-time

ABOUT THE FIRM

A well-established and growing property management firm specializing in affordable housing is seeking a dedicated Regional Property Manager to oversee a portfolio of 7 properties with 552 units . This role is ideal for a motivated professional looking to contribute to a mission-driven organization that values teamwork, compliance, and operational excellence.

ABOUT THE ROLE

The Regional Property Manager will be responsible for the daily operations, financial performance, and overall management of the assigned portfolio. The role requires a strong understanding of affordable housing programs , compliance requirements, and financial management to ensure properties operate efficiently and within budget. This position will report to the Assistant Vice President and collaborate with internal teams, external housing authorities, and other stakeholders.

RESPONSIBILITIES

Oversee the daily operations of the assigned portfolio, ensuring compliance with all regulations and company policies.
Maximize Net Operating Income (NOI) by implementing effective cost control and revenue-enhancing strategies.
Minimize vacancies by overseeing leasing strategies, resident retention efforts, and marketing initiatives.
Ensure compliance with affordable housing regulations , including Low-Income Housing Tax Credit (LIHTC), HUD-Section 8, and Rural Development programs.
Provide leadership, training, and performance management to on-site property managers and staff.
Develop and manage annual budgets , monitor financial performance, and implement cost-saving measures.
Foster strong relationships with local housing authorities, vendors, contractors, and other stakeholders.
Participate in quarterly meetings, training programs, and annual conferences to stay updated on industry best practices.
Conduct regular site visits to ensure properties are maintained according to company and regulatory standards.

REQUIREMENTS

Minimum 2 years of experience as a Regional / District Manager in residential property management (500 units preferred).

Minimum 2 years of experience in affordable housing , including LIHTC, HUD-Section 8, and Rural Development .

Minimum 2 years of experience in a supervisory role , including recruiting, training, and team leadership.

Strong financial management skills, including budgeting, reporting, and expense control.

Proficiency in Microsoft Office Suite (Word, Excel, Outlook) ; experience with Yardi Voyager or similar property management software preferred.

Bachelor's degree preferred (High School diploma or GED required).

Industry certifications in affordable housing management are a plus (or willingness to obtain).

Ability to travel weekly within the assigned region and attend quarterly meetings and annual conferences (may require overnight stays).

Strong organizational, time management, and problem-solving skills with the ability to handle multiple tasks in a fast-paced environment.

Excellent communication and relationship-building skills with a focus on collaboration and operational excellence.

COMPENSATION & BENEFITS

Competitive salary range of $87,000 - $95,000 (depending on experience, skills, and qualifications).

Additional compensation opportunities, including bonuses.

Comprehensive benefits package, including :

Medical, dental, and vision insurance

401(k) with company match

Paid time off (15 days) and 13 company holidays

Company-paid life, short-term, and long-term disability insurance

Health Savings Account (HSA) and Dependent Care Flex Account

Ongoing training, development programs, and wellness initiatives

Salary : $87,000 - $95,000

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