Career Strategies
Property Stabilization Manager
Career Strategies, Washington, District of Columbia, us, 20022
Property Stabilization Manager – Washington, DC
This role is designed for a hands-on, results-driven
Property Stabilization Manager
who excels in turning around underperforming or distressed affordable housing communities. The focus is on improving occupancy, increasing rent collections, strengthening operational efficiency, and developing onsite teams to restore the property to optimal performance levels.
Position Summary: Under the direction of the Regional Director or Vice President, the Property Stabilization Manager leads operations at designated communities to achieve measurable performance improvements. This position plays a critical role in optimizing NOI, enforcing company policies, ensuring full compliance with affordable housing regulations, and promoting resident satisfaction.
Key Responsibilities:
Develop and execute aggressive occupancy improvement plans through targeted marketing, outreach, and leasing process optimization
Monitor leasing activity, analyze conversion metrics, and implement strategies to reduce vacancy turnaround time
Oversee leasing, certifications, recertifications, and move-out processes with a focus on accuracy and compliance
Enforce timely unit turns, ensuring vacant units are rent-ready within established performance goals
Implement resident retention and engagement programs to reduce turnover and promote community stability
Ensure strict adherence to Fair Housing, Affirmative Marketing Plan (AFHMP), and LIHTC/Section 8 program requirements
Conduct pre-audits of new move-in files to ensure quality and compliance standards are met
Collaborate with maintenance teams to uphold property standards, curb appeal, and timely work order completion
Coach, train, and motivate onsite staff to strengthen team performance and operational consistency
Provide detailed performance updates, reporting metrics, and recommendations to Regional leadership
Key Focus Areas:
Occupancy Growth:
Drive leasing performance, minimize vacancy loss, and enhance resident retention
Rent Collections:
Enforce collection policies, reduce delinquencies, and recover outstanding balances
Compliance:
Maintain full LIHTC and Section 8 compliance and ensure audit readiness
Maintenance Oversight:
Support maintenance and vendor performance to preserve asset quality
Leadership:
Lead, mentor, and develop onsite teams to meet company and community goals
Qualifications:
Minimum 7 years of experience in multi-site residential property management (250+ units)
At least 5 years of experience with affordable housing programs (LIHTC / Section 8)
Proven success in stabilizing distressed assets and improving financial performance
Strong leadership, communication, and analytical skills
Proficiency with Boston Post or similar property management software
Comprehensive understanding of the Washington, DC housing market, including court systems and Fair Housing laws
Equal Opportunity Employer
#J-18808-Ljbffr
Property Stabilization Manager
who excels in turning around underperforming or distressed affordable housing communities. The focus is on improving occupancy, increasing rent collections, strengthening operational efficiency, and developing onsite teams to restore the property to optimal performance levels.
Position Summary: Under the direction of the Regional Director or Vice President, the Property Stabilization Manager leads operations at designated communities to achieve measurable performance improvements. This position plays a critical role in optimizing NOI, enforcing company policies, ensuring full compliance with affordable housing regulations, and promoting resident satisfaction.
Key Responsibilities:
Develop and execute aggressive occupancy improvement plans through targeted marketing, outreach, and leasing process optimization
Monitor leasing activity, analyze conversion metrics, and implement strategies to reduce vacancy turnaround time
Oversee leasing, certifications, recertifications, and move-out processes with a focus on accuracy and compliance
Enforce timely unit turns, ensuring vacant units are rent-ready within established performance goals
Implement resident retention and engagement programs to reduce turnover and promote community stability
Ensure strict adherence to Fair Housing, Affirmative Marketing Plan (AFHMP), and LIHTC/Section 8 program requirements
Conduct pre-audits of new move-in files to ensure quality and compliance standards are met
Collaborate with maintenance teams to uphold property standards, curb appeal, and timely work order completion
Coach, train, and motivate onsite staff to strengthen team performance and operational consistency
Provide detailed performance updates, reporting metrics, and recommendations to Regional leadership
Key Focus Areas:
Occupancy Growth:
Drive leasing performance, minimize vacancy loss, and enhance resident retention
Rent Collections:
Enforce collection policies, reduce delinquencies, and recover outstanding balances
Compliance:
Maintain full LIHTC and Section 8 compliance and ensure audit readiness
Maintenance Oversight:
Support maintenance and vendor performance to preserve asset quality
Leadership:
Lead, mentor, and develop onsite teams to meet company and community goals
Qualifications:
Minimum 7 years of experience in multi-site residential property management (250+ units)
At least 5 years of experience with affordable housing programs (LIHTC / Section 8)
Proven success in stabilizing distressed assets and improving financial performance
Strong leadership, communication, and analytical skills
Proficiency with Boston Post or similar property management software
Comprehensive understanding of the Washington, DC housing market, including court systems and Fair Housing laws
Equal Opportunity Employer
#J-18808-Ljbffr