Buckingham Companies
Buckingham Companies is hiring: Regional Property Manager | Indianapolis, IN in
Buckingham Companies, Indianapolis, IN, United States, 46262
Regional Property Manager | Indianapolis, IN
Overview: The Regional Property Manager is responsible for overseeing a portfolio of properties of approximately 2000 units in multiple locations. The Regional Property Manager will supervise Property Managers, Senior Property Managers and Multi-Site Property Managers within their portfolio and ensure that each property meets or exceeds its financial performance targets and ownership objectives.
Responsibilities
- Oversee a portfolio of properties across multiple locations, managing Property Managers and multi-site teams.
- Ensure properties achieve financial performance targets and ownership objectives.
- Monitor operating performance, prepare monthly financial reviews, and participate in capital planning and asset management activities.
- Lead, hire, coach, and develop property management staff; conduct employee appraisals and administer actions as needed.
- Collaborate with the RVP and Asset Manager on budgeting, forecasting, and capital improvements within budget parameters.
- Conduct site visits (minimum 12 per property annually) and complete quarterly site checklists; address issues at troubled assets.
- Ensure marketing, leasing, curb appeal, and asset preservation standards are maintained; oversee rent collection, accounts receivable, bad debt, evictions, and write-offs as needed.
- Prepare and deliver monthly executive summaries, variance reports, and owner reporting packages; maintain documentation with owners/clients.
- Coordinate acquisitions, due diligence, and contribute to disposition/fee management processes.
- Ensure compliance with regulatory agencies (IHFA, HUD, etc.) and liaise with outside owners/investors as appropriate.
- Develop and implement incentive compensation programs for management staff and run quarterly staff meetings.
- Manage vendor bids, capital expenditures planning, and capex project assignments to departments with timely execution.
- Identify ancillary income opportunities to increase property revenues.
- Partner with support groups (Accounting, Marketing, IT, HR, Development, Construction, Compliance, Operations) to manage the portfolio.
- Other duties as assigned by the VP.
Experience/Skills
- Minimum seven years of progressive property management experience managing a portfolio of at least 1500 units in multiple markets (preferred).
- Minimum five years of supervisory experience managing a large team, including senior or multi-site managers.
- Strong background in hiring, coaching, and developing employees; experience with diverse types of multifamily communities (new construction, conventional, student housing, LIHTC, HUD) preferred.
- Focus on marketing, lease-ups, rehab, and asset repositioning; financial reporting, budget planning, expense monitoring, and P&L responsibility.
- Excellent computer skills (Microsoft Office); experience with Yardi, P2P, and LRO.
Special Requirements
- Demonstrates passion for winning; high energy and enthusiasm; learning agility and coachability.
- Strong interpersonal and written/verbal communication skills; close attention to detail and strong organizational abilities; ability to multi-task and adapt to changing priorities.
- High degree of accountability, professionalism, and integrity; customer-centric mindset; ability to work with internal teams and external stakeholders.
- Monitors expense controls and implements initiatives to achieve a 45% Operating Expense Ratio; assists with annual budget process.
- Ensures accurate owner reporting packages and timely communications; conducts routine site visits and ensures compliance with company standards.
Location notes: Fishers, IN; salary range: $95,000 - $100,000; posted 3 weeks ago.