Regional Property Manager - LIHTC
Regional Property Manager - LIHTC
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Job Description
Come join NRPs A team! Weve been recognized as a Top Workplace because we promote a culture where our team can build longterm careers and connections. As we grow as a company our goal is that you will grow in your career.
NRP has been recognized with several industry awards including Top Workplaces; Best and Brightest Companies to Work For; and National Apartment Associations Best Places to Work.
We value our employees by offering a competitive benefit package including:
Commission and bonus opportunities
Paid vacation and sick leave
11 Paid holidays
Paid maternity & parental bonding leave
Short & long term disability
Medical/Dental/Vision/Life Insurance
401(k) Match
Training certification & growth opportunities
Employee referral & recognition programs
Since its founding in 1994 NRP has been dedicated to building quality homes for our residents regardless of income. The NRP Group is a fullservice multifamily developer general contractor and property manager with assets and operations reaching an expanding range of markets nationwide. For additional information please visit .
Come join the NRP Team as a Regional Property Manager in our North Carolina Market!!
Under the direction of the Regional Vice President of Property Management and Sr Regional Property Manager the Regional Property Manager is responsible for leading employees and managing the operations of a portfolio of properties in various phases of development construction and lease up.
Essential Functions Statement(s):
- Effectively manage all communities to achieve financial and operational targets
- Provide feedback on capital needs and other asset plan items;complete asset plan items as required
- Monitor employee performance; take action as necessary to improve portfolio or asset performance
- Complete annual performance reviews and regularly communicate employee performance expectations and achievement
- Seek to build employees teams and provide motivation and direction as required
- Manage all community wage salary bonus incentive and commission issues
- Ensure all NRP community procedures are being accomplished; monitor community performance at both the micro level (following procedures practices) and macro level (occupancy income collections)
- Ensure integrity of application and file approval process at communities
- Monitor community financials; review variance reports; review financials with Community Managers regularly
- Work with Community Managers to prepare annual budgets and property plans
- Approve community vendors
- Approve community purchase orders and expenditures
- Perform regular community inspections (physical operational file review)
- Manage portfolio rents; propose adjustments as necessary
- Manage portfolio resident selection criteria; monitor and make adjustments as necessary
- Monitor portfolio collections and collection procedures; ensure all collections activities are accomplished
- Manage portfolio vendors such as collections agencies legal representation etc.; monitor performance and make changes as appropriate
- Recruit interview and hire community managers and maintenance managers; approve all community new hires; ensure new hire paperwork is processed and delivered to Human Resources
- Support Community Managers as necessary on resident issues supportive services issues vendor issues compliance approvals and other operational duties
- Regularly meet with community staff and ensure that weekly community meetings are held
- Coordinate portfolio training Marketing Compliance Accounting IT and HR activities
- Ensure Regional Maintenance program is executed throughout portfolio; work with Maintenance Director and Regional VP to improve Maintenance program and
- Prepare and deliver Regional Portfolio reports as required
- Initiate new programs procedures or practices in portfolio as directed
- Represent portfolio in Apartment Association to local PHAs state agencies etc. as required
- Coordinate prelease set up of new communities; hire and train staff
- Coordinate manage and monitor community audits by Syndicators state agencies etc.
- Participate in senior level management meetings as required; participate in regional team meetings as required
- Act as portfolio representative to coordinate activities and resolve issues with portfolio Construction and Development representatives
Key Deliverables/Objectives:
- Achieve best possible financial success from the portfolio within the guidelines set by Regional Vice President Vice President and Partners
- Seek to maximize income and minimize expenses; ensure Community Managers are actively operating communities at or above budgeted income and at or below budgeted expenses
- Maintain aggressive staffing levels while achieving the financial goals for each community
- Deliver accurate and timely regional reports
- Ensure every new employee completes the NET within 30 days of employment
- Ensure all recertifications are current
- Achieve 96 occupancy and 96 portfolio rent collections with minimal approved writeoffs
- Maximize credit delivery on new project lease ups; complete all leaseups in 12 months or less
- Qualify all units prior to the qualification deadline
- Perform a thorough community inspection on each community at least twice per calendar year
- Perform other duties as required
Skills & Abilities:
Education: Bachelors degree highly preferred
Experience: 5 years of experience in property management with recent experience in a Regional Property Manager or Director role; strong experience with LIHTC communities; working knowledge of applicable Landlord Tenant Laws Fair Housing Regulations IRS Section 42 LIHTC Program and other laws as they relate to property specific guidelines and occupancy standards
Technical Skills: Strong computer skills especially in the Microsoft Office Suite; knowledge of YARDI software
Other Requirements: Valid Drivers License
The NRP Group is committed to a policy of assuring that all employees and applicants for employment are recruited hired assigned placed transferred demoted laid off terminated paid trained and generally treated during employment on the basis of qualifications and merit; without discriminationdue tocolor race religion sex (including pregnancy or marital status) sexual orientation gender identity and expression age national origin ancestry veteran status military status disability genetic information citizenship or any other classification or activity protected by federal state and local law and ordinances.
Required Experience:
Manager
Employment Type
Full-Time
