Regional Property Manager Job at Redstone Residential
Regional Property Manager
CLASSIFICATION: Full-time, Exempt
COMPENSATION: Starting at $90,000+ per year DOE, ability to earn performance bonuses
TEAM: Redstone Residential is a national housing operator, headquartered in Provo, Utah. Managing more than 30,000 beds of student housing in 16 states, Redstone is the 5th largest 3rd party management student housing company in the U.S! Our conventional housing portfolios are seeing rapid expansion and we were listed as one of the Top Workplaces in Utah in 2021 and 2022.
Redstone Residential has at its core the mission statement "We create happiness for our residents, clients, and employees through clear communication and world-class customer service." The team at Redstone Residential is enthusiastic, energetic, and passionate about what we do. The Redstone Way, our core values, are as follows:
- We Are Believers
- We Earn and Cultivate Trust
- We Communicate Authentically
- We Stay The Course
- We Embrace and Affect Change
- We Strive for Excellence
POSITION SUMMARY: The Regional Property Manager will oversee a portfolio of communities in the Utah area. As the Regional Property Manager, the role extends beyond managing the operations of a designated portfolio. They are responsible for identifying ways to improve operational efficiency and help enhance the overall performance of their assigned properties. They will help oversee and develop their teams as they exemplify Redstone’s core values.
KEY DUTIES & RESPONSIBILITIES:
- Utilize a working knowledge of financial reporting (Balance Sheets, P&Ls, Budgets, etc.) to review property reporting with clients and Community Managers
- Prepare professional annual Business Plans
- Continually monitor leasing velocity vs. goals, conversion ratios, traffic logs, and local market survey data
- Regularly audit community leases to ensure accurate leasing data
- Assist in implementing policy and procedural changes to site staff
- Travel to communities at least once per quarter for site audits and staff meetings
- 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
- 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
- Ensure proper seasonal and life-cycle upkeep of communities
- Facilitate CapEx projects
EXPERIENCE & QUALIFICATIONS:
- 5+ years of property management experience (student or conventional)
- 5+ years of Leadership experience
- Entrata or property management software experience preferred
- Experience working with clients and investors
- Ability to remain calm and collected in high-stress situations
- Ownership mentality first and always, we are solution oriented.
Experience
Required- 3 - 5 years: Property management
Education
Required- Bachelors or better
Behaviors
Preferred- Functional Expert: Considered a thought leader on a subject
- Leader: Inspires teammates to follow them
- Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well
Motivations
Preferred- Growth Opportunities: Inspired to perform well by the chance to take on more responsibility
- Ability to Make an Impact: Inspired to perform well by the ability to contribute to the success of a project or the organization
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