Regional Vice President
Regional Vice President
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Preferred Apartment Communities is engaged in the operation of primarily Class A multifamily properties. We have developed a culture throughout our company that is designed to show respect for each other our residents and vendors. We believe our focus on quality consistency and innovation provides strong national recognition for the Preferred Apartment Communities brand. Learn more about us at RVP is responsible for all property operations functions and support as outlined in the document for the portfolio assigned. The RVP portfolio will consist of supervision of 23 Regional Managers overseeing 58 properties each and may be adjusted as the President or SVP sees fit. This role could involve direct supervision of properties.
The RVP will be expected to work with and communicate clearly with other divisions and departments within PAC as well as LivCor Asset Management group.
The RVP will provide strategic planning oversight and direction on a management company level for the assigned portfolio or other areas of oversight for daytoday operations through the appropriate Regional Managers. The RVP will be responsible for driving portfolio performance based on the investment strategy of each asset. The RVP will assist and ensure the implementation of new programs and ensure the implementation of PACs policies and procedures.
ESSENTIAL FUNCTIONS
Understand support and drive the organizations mission vision strategy culture goals and objectives.
Direct and support a team of Regional Managers that contributes to the organizations priorities.
Strive for excellence and foster a culture that recognizes and rewards that pursuit.
Foster a productive and cooperative relationship with Property Management departments within PAC and LivCor including Operations Marketing Maintenance Legal People Transitions Training Asset Management Capital ROI/Redevelopment Revenue and Performance and Finance.
Ensure adherence to operating policies and procedures for all onsite activities.
Ensure training of onsite staff for leasing resident service and operating system technologies.
Oversee the budgeting process for their specific portfolio in conjunction with the Regional Manager.
Oversight of actual results of operations relative to budgeted expectations and market conditions.
Revenue management Provide thoughtful input on rent levels and occupancy targets.
Support investment underwriting via market analysis scope of work perspectives and evaluation of preexisting onsite teams.
Manage human capital resource allocation to oversee the portfolio and unlock associates capabilities.
Maintain and manage vendor relations.
Provide support and oversight for capital expenditures recommended by the Regional Managers & signed off by PAC asset management.
Ensure adherence to local state and federal regulations as well as fair hosing laws.
Conduct regular property visits to assess performance provide coaching and ensure compliance with brand and operational standards.
Approve of staffing recommendations for the portfolio.
SPECIFIC RESPONSIBILITIES
Review portfolio properties weekly and respond with changes/recommendations to Regional Managers with personal property visits conducted as needed/required.
Evaluate monthly financial reports and provide guidance and direction to the Regional Manager regarding property financial operations.
Assist the Regional Managers by providing support for all propertyrelated personnel issues emergencies property damage/liability issues budget variances and capital projects.
Ensure all operating and reporting compliance occurs on a timely basis.
Work with Asset Management & Regional Managers in identifying and addressing property capital improvement projects.
Hire train and develop regional management teams.
Participate as needed in local regional and national multifamily industry events.
Corporate Responsibilities:
Acquisitions: Support the acquisition team in analyzing and underwriting potential acquisition targets as requested.
Communication: Participate in and lead monthly/quarterly management company meetings.
Initiatives: Partner with other senior executives to continually update and introduce new corporate initiatives policies and procedures.
Supervisory Responsibility:
Regional Managers & Community Managers multiple reports based on portfolio size.
Active interaction with the Senior Leadership Corporate support groups and thirdparty developers.
Ensuring Regional/ Community Managers achieve deadlines.
QUALIFICATIONS
At least 8 years of experience in property management with at least 3 years in a senior leadership role overseeing multiple Regional Managers properties or regions. Proven experience in managing large scale operations and teams.
Exceptional communication leadership and decisionmaking skills
Experience with multifamily class A/B/C properties.
Supervisory Controls:
The RVP will have a matrix reporting structure to the Vice President. In addition the RVP will communicate with LivCor Asset Management as appropriate regarding property operations.
The RVP plans and carries out the successive steps of regular duties and handles problems and deviations in the work assignment in accordance with objectives policies previous training or company practices.
Success is evaluated based on jobspecific performance related to the portfolio and compensation related to overall leaseup and stabilized properties performance.
Travel:
Travel is required for this position.
Physical Requirements:
Must be able to walk and stand for extended periods of time.
Must be able to travel via car or air travel.
Please review the job applicant privacy notice here.
EEO Statement
PAC is an equal opportunity employer. In accordance with applicable law we prohibit discrimination against any applicant employee or other covered person based on any legally recognized basis including but not limited to: veteran status uniformed servicemember status race color caste immigration status religion religious creed (including religious dress and grooming practices) sex gender gender expression gender identity marital status sexual orientation pregnancy (including childbirth lactation or related medical conditions) age national origin or ancestry citizenship physical or mental disability genetic information (including testing and characteristics) protected leave status domestic violence victim status or any other consideration protected by federal state or local law. We are committed to providing reasonable accommodations if you need an accommodation to complete the application process please email
Required Experience:
Chief
Employment Type
Full-Time
