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Regional Property Manager (Boston Regional Operations)
WinnCompanies is searching for a Regional Property Manager to join our team and manage a portfolio of assets consisting of up to 600 Market-Rate and Low-Income Housing Tax Credit (LIHTC) residential units located throughout Boston, MA and Lowell, MA.
In this role, you will maintain positive resident relations at all properties, meet the financial objectives of ownership and management, protect the value and integrity of the real estate, and be responsible for all applicable regulatory standards and requirements. You will also manage on-site property managers and oversee their daily operations.
The salary range offered for this role is $120,000 to $135,000 annually, with a potential 10% annual performance bonus. Additionally, the selected candidate will typically work: Monday through Friday, from 9:00 AM to 6:00 PM.
Responsibilities:
- Review and present annual budgets for approval by senior management.
- Monitor property budget performance and prepare and/or reviews monthly variance reports and reforecasts.
- Work with senior management to resolve financial issues.
- Conduct monthly financial reviews.
- Approve or disapprove all expenses which exceed the Property Manager’s authority level.
- Collaborate with senior management to establish appropriate rent levels.
- Ensure timely collection and deposit of all rents and other fees and initiates corrective and/or legal action as needed.
- Review rent schedules, scheduled rent increases, and renewals.
- Monitor each property's recertification process including the completeness, accuracy, and timeliness of all recertifications.
- Assist in the negotiation of vendor contracts in accordance with the Winn Purchasing Policy.
- Track property tax reassessments, tax bill issuance, and the accuracy of the property tax rates.
- Work with Superintendents and Regional Maintenance Coordinators to implement all maintenance programs and controls to ensure that expenses are kept within budget.
- Ensure timely and accurate submission of Monthly Manager's Reports. Participate in company-wide initiatives as required.
- Meet with each client at least quarterly to review property performance and client satisfaction.
- Respond to all client inquiries or concerns as soon as possible, but no later than 24 hours after receipt.
- Ensure that the building and grounds are well maintained.
- Provide for the maintenance and operation of all life safety systems.
- Oversee maintenance policies, plans, and procedures, including work order systems, purchase order systems, bidding requirements, preventive maintenance, inventory control, and turnover procedures.
- Work with the Regional Maintenance Coordinator to resolve maintenance issues.
- Conduct regular meetings with maintenance staff.
- Provide timely submission of required financial reporting as prescribed by company policy.
- Maintain detailed written records per company policy and in accordance with all applicable agency requirements.
- Implement all company policies, plans, and procedures.
- Conduct weekly staff meetings with property personnel, emphasizing the Winn Safe Protocol.
- Conduct site visits in accordance with the company's guidelines for the physical inspection and review of administrative and maintenance procedures.
- Maintain budgeted occupancy goals.
- Follow company marketing policies and reporting requirements, maintain comparability studies, and implement site resident retention program.
- Ensure quality of rental advertising and printed materials.
- Demonstrate a comprehensive understanding of the: market area, site competition, and general market conditions.
- Work with the Director of Marketing to implement the company's marketing policies and procedures and to resolve marketing issues.
- Review the property’s rental application process and confirm that it adheres to property and agency standards.
- Comply with all applicable agency requirements including the maintenance of the property’s internal and external wait list.
- Supervise the leasing and renewal programs.
- Conduct weekly meetings with the leasing staff.
- Recruit, hire, train, and develop personnel to meet regional staffing requirements.
- Use company directives in the hiring, promotion, termination, and transfer of site personnel.
- Maintain personnel records according to company policy.
- Promote staff efficiency through ongoing company and industry trainings, instruction, and leadership.
- Resolve personnel problems and engages Human Resources and senior management as needed.
- Collaborate with senior staff on salary adjustments and promotion of personnel.
- Comply with Affirmative Fair Housing regulations and Equal Opport