Buffalo Regional Vice President of Property Management Greater Buffalo, NY Area

The Regional Vice President will be responsible for the effective and successful management of the company’s portfolio of Senior apartment communities. The Regional Vice President will proactively lead the team to achieve established goals, and directly participate in related business negotiations and transactions for significant financial or other business impact. Key areas of responsibility include hiring, training, and leading a management team, lease and contract administration, financial management and analysis. The Regional Vice President will maximize income, minimize expenses, and maintain high levels of occupancy to achieve the company’s desired return on investment.

The Regional Vice President will be responsible for performing the following duties and others deemed necessary by the Chief Operating Officer and Chief Financial Officer.

Operations

• Hire and oversee property management teams in various markets; ensure District Managers and Property Managers are sufficiently trained, and performing job duties as directed
• Inspect properties to ensure proper maintenance and upkeep within the portfolio
• Implement, review, and inspect all capital improvement plans, ensure all are within the scope of budget
• Identify and evaluate underperforming properties; develop and implement strategies to achieve their potential
• Manage and negotiate major contracted services; manage relationships with vendors and contractors
• Plan and execute marketing plans for portfolio
• Be familiar with all site documents pertaining to leasing and management of properties
• Maintain relationships with institutional partners; lead asset management calls or meetings, effectively speak to portfolio performance and make suggestions to improve or achieve asset specific goals.

Financial /Policy and Procedure Administration

• Assist in preparation of annual budgets and business plans
• Review General Ledger to ensure all expenses and income reflected are valid
• Review and analyze monthly P & L Statements, Rent Rolls, Occupancy and Delinquency reports; Identify areas for increasing income, and explain major variances in operations.
• Manage accounts receivable issues as appropriate and direct legal efforts on collections
• Confer with Chief Operating Officer and Chief Financial Officer in advance regarding all costs in excess of budgets and business plans
• Prepare requested reports for Chief Operating Officer, Chief Financial Officer, and Controller.
• Monitor employees’ compliance with policies and procedures to ensure goals and objectives are being met as well as compliance with insurance regulations, fair housing laws, and city, state, and federal codes

Qualifications

• Bachelor degree and minimum 10 years experience in the multifamily housing environment

Previous experience leading a team of District/Regional property managers is a must and must reside within the Buffalo Region.

• Analytical and financial understanding of property management
• Familiarity with real estate law
• Strong leadership, verbal, and written communication skills
• Ability to maintain positive working relationships
• Ability to work independently with sound judgment
• Excellent time management skills
• Strong proficiency with MS Office applications
• Ability to diffuse situations and problem solve
• Ability to present plans and speak effectively before groups of people

Benefits:

401(k)

401(k) matching

Dental insurance

Life insurance

Paid time off

Referral program

Application Question(s):

What is the maximum number of District or Regional Property Managers you have directly supervised at one time?

Education:

Bachelor's (Required)

Experience:

Multi Family Housing: 10 years (Required)

Location:

Williamsville, NY 14221 (Required)

Willingness to travel:

50% (Required)

Work Location: Hybrid remote in Williamsville, NY 14221