Regional Manager

Fairstead has an exciting opportunity to oversee a region of growing properties. The Regional Property Manager oversees the day-to-day operations of communities in their assigned region, implementing policies, procedures, and practices to enable each property to meet budgeted financial goals and achieve operational performance objectives.

RESPONSIBILITIES:

• Complete oversight of all real estate property management functions including managing the day-to-day administrative and maintenance operations in their region.
• Creates and implements leasing and marketing plans, resident relations, budget preparation and financial reporting, and monitoring compliance with HUD.
• Prepares monthly variance analysis reports (Financial Overviews) for submission to CFO (Chief Financial Officer).
• Conducts monthly budget review to ensure sites are meeting NOI.
• Ensures that all resident complaints are handled expeditiously, diplomatically, and professionally.
• Supervises the appropriate building security measures, incident documentation, lease violation reports and proper notification of management, owner, and/or insurance carriers where necessary.
• Develops, implements, and assures continued implementation of preventive maintenance programs.
• Ensures that maximum economic rents are achieved through active rent level management, general and targeted outreach methods, assurance of leasing skills, and resident retention programs.
• Responsible for vouchering through TRACS and ensuring all voucher related issues are handled expeditiously and turned around to the Contract Administrator.
• Coordinates with staff & third-party contractors to ensure all work orders are closed out with signatures and photos of all work.
• Approves the purchases of large-scale items/repairs.
• Performs other related duties as required.

BENEFITS:

• Generous employer contribution for Medical Insurance through Meritain Health.
• Employer Paid Vision Plans.
• Company Matched 401(k) Retirement Plan: 100% of the first 3%; 50% of the next 2%.
• 12+ paid Holidays.
• 20 days of PTO.
• 7 Sick days.
• Employer Paid Life Insurance.
• Flexible Spending Account.
• Nationwide Pet Insurance.
• Disability Insurance.
• Laser Correction Discount.
• Employee Discounts on appliances, apparel, and more.

QUALIFICATIONS:

• Two (2) years of experience as a Regional Property Manager.
• Proficiency in YARDI is required.
• Experience with preparation and oversight of REAC and MOR inspections.
• Exceptional communication, customer service, and organizational skills.
• Ability to diffuse difficult situations.
• Knowledge of the NYC residential market (Rent Stabilization, DHCR, HPD).
• In-depth knowledge of Affordable Housing.
• Ability to manage multiple priorities while demonstrating the initiative to produce results and resolve problems.
• Bilingual in English and Spanish is a plus.
• Able to effectively present information and respond to questions from management, vendors, and associates.
• Adhere to tight deadlines and quick turnaround for deliverables.
• Ability to work collaboratively in a dynamic environment where adaptability is imperative.
• Strong written and oral skills.
• Accurate with a strong attention to detail.
• Proficient in Microsoft Office Suite.

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