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Regional Property Manager (Market Rate/Luxury Portfolio)

JOB DESCRIPTION

SALARY: $95K - $105K PLUS BONUS STRUCTURE AND FULL BENEFITS PACKAGE

Kittle Property Group is growing!  This is a wonderful opportunity to join a great team within our Market Rate Portfolio in the state of Florida! 

The Regional Property Manager is responsible and accountable for leading and managing multi-site apartment property personnel and regional portfolio performance to achieve objectives at brand new developments and lease-up properties.

*Lease-up experience is required. 

EXPECTATION FOR ALL EMPLOYEES

Supports the organization's mission and values by exhibiting the following behaviors: excellence and competence, collaboration, innovation, respect personalization, commitment to our community, and accountability and ownership.

POSITION SUMMARY:

Responsible and accountable for leading and managing multi-site apartment property personnel and regional portfolio performance to achieve objectives.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Direct property operations to achieve strategic and budget objectives. Optimize CNOI and NOI.
  • Lead, direct and manage property personnel with recruiting, hiring, training and performance management.
  • Ensures accuracy of reporting through property management software.
  • Ensures adherence with company policies and procedures and ensures compliance with federal, state and local laws.
  • Complete property financial analysis of operating results and report results to Senior Management monthly.
  • Create annual budgets for assigned region.
  • Conduct a minimum of two site visits for each property each month.
  • Collaborate with Human Resources, Development, Construction and Accounting as needed.
  • Work directly with construction and on-site personnel to insure a smooth transition from construction to management for lease up of new or rehab properties.
  • Work with other departments to ensure smooth transitions for third party management acquisitions.
  • Develop and execute marketing plans for all properties.
  • Manage and or approve all property expenditures and invoices and ensures adherence to company expenditure policy.
  • Monitor adherence to the accounts receivable policy monthly.
  • Direct and supervise Team Leaders to maximize portfolio performance.
  • Provide relief management to on-site offices as needed.
  • Other duties as assigned.

QUALIFICATIONS/SKILLS & KNOWLEDGE REQUIREMENTS

  • 4 Year college degree required.
  • 7-10 years of multi-family/multi-site experience.
  • Market Rate Apartment Experience Required.
  • CPM is recommended.
  • Language Skills – Ability to read, write, interpret and analyze business publications, technical procedures and government regulations. Ability to write and interpret reports, correspondence and manuals. Ability to effectively present to groups of people including employees, vendors and the general public.
  • Math Skills – Ability to calculate discounts, interest, bonuses, proration, percentages, and to apply concepts of algebra and geometry.
  • Reasoning Skills – Ability to solve problems and work with a variety of concrete variables in situations where only general guidelines exist. Ability to interpret instructions in written, oral, diagram or schedule form.
  • Computer Skills – Intermediate experience with MS Office.
  • Experience working with property management software (i.e., Yardi).

TRAINING REQUIREMENTS:

  • Annually attend fair housing, section 42, blended occupancy classes and leasing classes.
  • Ongoing professional development.

 

PHYSICAL DEMANDS:

  • Rarely must stand, walk, reach with hands/arms, stoop, kneel, crouch, crawl, bend or lift up to 25 pounds.
  • Occasionally must sit, use hands to finger/handle/feel, talk and hear.
  • Close and distance vision is required.

 

WORK ENVIRONMENT:

  • Normally works in an environment with moderate noise.
  • Rarely must be exposed to humid conditions, work near moving mechanical parts, work in high/precarious places, be exposed to outdoor weather conditions and risk of electrical shock.
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CEO of Kittle Property Group
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Jeffrey L. Kittle
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Average salary estimate

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$95000K
$105000K

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What You Should Know About Regional Property Manager (Market Rate/Luxury Portfolio), Kittle Property Group

Welcome to Kittle Property Group, where we're excited to have you consider the role of Regional Property Manager for our Market Rate Portfolio! This position is an incredible opportunity to make a real impact in our growing team across the beautiful state of Florida. As the Regional Property Manager, you’ll be the driving force behind our multi-site apartment property operations, expertly managing a portfolio that's just getting off the ground. Your leadership will direct property teams towards achieving strategic objectives while maintaining high occupancy rates at our new developments and lease-ups. With a salary range of $95K - $105K, plus a bonus structure and comprehensive benefits, this role offers not just competitive compensation, but also the chance to be part of a vibrant community that values collaboration, respect, and accountability. You’ll be involved in all aspects including financial analysis, budgeting, recruiting, and training property personnel, while also ensuring compliance with regulations and making data-informed decisions. Your experience in lease-ups will be invaluable as you oversee the transition from construction to management. If you’re someone who thrives in a dynamic environment and is committed to excellence, we can't wait for you to join our team and contribute to our mission of providing quality homes and exceptional service!

Frequently Asked Questions (FAQs) for Regional Property Manager (Market Rate/Luxury Portfolio) Role at Kittle Property Group
What does a Regional Property Manager at Kittle Property Group do?

At Kittle Property Group, a Regional Property Manager plays a crucial role in overseeing multi-site apartment operations, leading property personnel, and ensuring portfolio performance meets company objectives. This position focuses on brand new developments and properties that are up for lease, requiring the manager to optimize financial performance and directly interact with various departments.

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What qualifications are necessary to become a Regional Property Manager at Kittle Property Group?

To be a successful Regional Property Manager at Kittle Property Group, candidates must have a 4-year college degree and 7-10 years of multi-family/multi-site experience, especially with market rate apartments. Certification in property management, such as CPM, is recommended. Strong language skills, mathematical abilities, and experience with property management software, like Yardi, are also essential.

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Is lease-up experience required for the Regional Property Manager position at Kittle Property Group?

Yes, lease-up experience is a critical requirement for the Regional Property Manager position at Kittle Property Group. The role specifically focuses on managing new developments and ensuring a smooth transition from construction to management, making this experience highly valuable.

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What are the primary responsibilities of a Regional Property Manager at Kittle Property Group?

A Regional Property Manager at Kittle Property Group is responsible for directing property operations, conducting financial analysis, creating annual budgets, managing property personnel, ensuring compliance with laws, and developing marketing strategies. The manager also conducts site visits and collaborates with various departments to ensure smooth operational transitions.

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What kind of work environment can I expect as a Regional Property Manager at Kittle Property Group?

The work environment for a Regional Property Manager at Kittle Property Group typically involves moderate noise levels with occasional exposure to various conditions. While the physical demands are minimal, the role does require being adaptable and ready to manage properties in various states of development and operation.

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What is the salary range for a Regional Property Manager at Kittle Property Group?

The salary range for the Regional Property Manager position at Kittle Property Group is between $95K and $105K, plus a bonus structure and a full benefits package, offering a competitive compensation package for dedicated professionals in the property management field.

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What skills are important for a Regional Property Manager at Kittle Property Group?

Key skills for a Regional Property Manager at Kittle Property Group include strong leadership and communication capabilities, financial acumen for budget management, proficiency in property management software, and problem-solving skills. The ability to effectively train and manage teams is also crucial.

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Common Interview Questions for Regional Property Manager (Market Rate/Luxury Portfolio)
What strategies do you use to improve property occupancy rates?

To improve occupancy rates, I focus on understanding the local rental market, implementing effective marketing strategies, and fostering relationships with prospective tenants. I emphasize excellent customer service and community involvement, ensuring that our properties are not just places to live, but vibrant communities.

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How do you handle conflict among property staff?

In managing conflicts among property staff, I prioritize open communication and encourage team members to express their concerns. Listening to different perspectives allows me to mediate effectively and propose solutions that respect everyone's viewpoint while aligning with our company values.

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Can you describe your experience with financial reporting?

I have extensive experience in financial reporting, including conducting monthly financial analysis of operating results and preparing detailed budget reports for senior management. I use property management software to track financial performance and ensure that all records are accurate and compliant.

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What is your approach to training new property management staff?

When training new property management staff, I create structured onboarding programs that include hands-on training, mentorship, and clear expectations. I believe in providing consistent feedback and encouraging continual professional development, ensuring that every team member has the tools to succeed.

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How do you ensure compliance with property management regulations?

Ensuring compliance with property management regulations is achieved through regular training, staying updated on federal, state, and local laws, and implementing internal audits. I prioritize a culture of accountability where all team members understand the importance of compliance in our day-to-day operations.

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Describe your experience with budgeting and financial planning.

I have significant experience in budgeting and financial planning, having created annual budgets for multiple properties while ensuring adherence to company policies. I monitor financial performance against the budget and make adjustments as necessary to optimize operating income.

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How do you promote team collaboration among site managers?

To promote collaboration among site managers, I facilitate regular meetings for exchanging best practices and encourage team-building activities. Creating an environment where they feel valued and heard fosters synergy and a cohesive approach to property management.

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What techniques do you use for effective marketing of properties?

Effective property marketing techniques include utilizing social media, engaging local businesses, hosting events, and optimizing online listings. I remain focused on the unique features of each property and tailor the marketing strategies to attract the ideal tenants.

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How do you prioritize tasks when managing multiple properties?

Prioritizing tasks when managing multiple properties relies on assessing urgent needs, understanding each property's unique challenges, and developing a clear schedule. Utilizing property management software also helps me stay organized and ensures that critical tasks are completed timely.

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What’s your approach to handling tenant complaints?

My approach to handling tenant complaints is to first listen actively and empathetically, understanding their concerns thoroughly. Based on the issue, I then work quickly to resolve it while maintaining transparency throughout the process to foster trust and satisfaction.

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Full-time, on-site
DATE POSTED
November 28, 2024

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