Vice President of Property Management
Vice President of Property Management
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Hispanic Housing Development Corporation a leader in Affordable Housing residential multifamily and senior housing is seeking a Vice President of Property Management to oversee and direct property management activities related to the organizations diverse residential portfolio. The ideal candidate must have experience in private affordable housing Section 8 and tax credit properties market rate housing and public housing. The position will be responsible for overseeing the daytoday operations of a portfolio located in the Midwest. The ideal candidate must have 510 years of experience and possess strong supervisory management skills. Must be bilingual in Spanish. Must be able to work in a budgetdriven compliance environment. The VP is a member of the Senior Management Team working to strategize shortrange and longrange organizational goals.
Travel to properties withing the portfolio as well as ability to respond to issues outside of normal operation hours are essential job functions of this position.
ESSENTIAL JOB FUNCTIONS include the following. Other duties may be assigned.
Business Management:
- Provides clear direction for operations within Property Management ensuring that the Company financial and business objectives are being achieved.
- Responsible for the preparation of the annual property budgets with input from all involved: PM Director and staff VP of Acquisitions and Asset Management Accounting and with final review by the COO and President.
- Works closely with the VP of Real Estate Development to establish budgets and management practices for new real estate developments.
- Work closely with Vice President of Acquisitions and Asset Management and CFO to evaluate financial performance against benchmarks established by investors lenders and the properties operating proformas.
- Sets performance goals by project related to industry standards; monitors performance adjust strategies as needed.
- Acquires management contracts with profitable terms and fees; prepare proposals and presentations; maintain current management plans and management agreements and monitor all contract documents. Negotiates contract terms and increases as needed.
- Upon contract award develops takeover strategy and management process with team of key staff positioned to take over.
- Drives consistency of operations identifies best practices and leads implementations.
- Consults with Construction partners for property managementrelated considerations for developed assets as well as assets undergoing renovation.
- Monitors new acquisitions building turnover and leasing programs; approves plans for office establishment and operations setup. Approves vendor/service contracts.
- Monitors all property management programs and ensures that all legal and regulatory compliance is met.
MINIMUM QUALIFICATIONS
- Bachelors Degree in Business Real Estate or related field is required.
- Certified Property Manager (CPM) status preferred.
- At least 10 years of property management experience overseeing a large multifamily affordable housing portfolio at a regional level with strong knowledge of tenant/landlord practices laws rules and regulations.
- Previous experience in managing affordable housing Section 8 and LowIncome Housing Tax Credits.
- 8 or more years of supervisory experience.
- Real Estate Brokers license required.
- Experienced in P&L lease negotiations vendor and contracts management.
- Expertise in finance marketing revenue maximization strategic planning budgeting forecasting administration operations training and effective leadership are required.
- Knowledge of market feasibility analysis and financial structures is a must.
- Excellent interpersonal communication skills including the ability to inspire motivate and lead a growing team of professionals.
- Must have excellent computer and software skills.
- Bilingual (Spanish) skills required.
- Strong customer service track record
BENEFITS: We offer a competitive salary commensurate with experience bonus along with a comprehensive benefits package including health insurance retirement plan paid time off and more. Also offer hybrid work schedule 2 days at home 3 days in office.
Required Experience:
Chief
Employment Type
Full-Time
