Regional Property Manager

Regional Property Manager

NRP Investments, LLC, founded in 1994, is a full-service developer, general contractor, and property manager of multifamily, senior, and student housing throughout the United States. From start to finish, every development NRP Group works on is carefully contemplated and executed to maximize investment return cost efficiency, productivity and satisfaction. NRP Investments, LLC is recognized as a three-time recipient of the National Association of Builders Multifamily Development Firm of the Year and has been consistently ranked one of the Top 25 Developers by Multifamily Executive. Currently, NRP Investments, LLC has assets and operations in Ohio, Texas, North Carolina, Virginia, Florida, Michigan, Indiana, Pennsylvania, Maryland, New Jersey, New York, and Massachusetts. Visit www.NRPGroup.com for more information. The NRP Group is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.NRP Investments, LLC is currently seeking a Regional Property Manager in the Raleigh, NC Office. POSITION SUMMARYUnder the direction of the Regional Vice President of Property Management, 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 execution

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 PHA’s, state agencies, etc. as required

Coordinate pre-lease 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 re-certifications are current

Achieve 96% occupancy and 96% portfolio rent collections with minimal approved write-offs

Maximize credit delivery on new project lease ups; complete all lease-ups 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 & ABILITIESEducation: Bachelor’s degree highly preferredExperience: 5+ years of experience in property management with recent experience in a Regional Property Manager or Director role; strong experience with market-rate 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 standardsTechnical Skills: Strong computer skills, especially in the Microsoft Office Suite; knowledge of YARDI software Other Requirements: Valid Driver’s License ID: 2019-1870 Street: 4515 Falls of Neuse Road, Suite 100

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