We are seeking a Regional Property Manager!
BECO Asset Management is a Chesapeake-based property management company with over 2,000 apartment units at eight properties and over 320,000 square feet of office, retail and industrial commercial space.
Bridgeport, BECO’s premier development, is under construction now in North Suffolk.
This position acts as an intermediary between Accounting and Finance, owners and Property Management.
The central function of the Regional Property Manager is to provide day-to-day operational and financial oversight.
The Regional Property Manager should have regular interaction with the Assistant Regional Manager, Property Managers, and reports directly to the Controller.
The Regional Property Manager is responsible for the professional development of the Assistant Regional Property Manager in order to focus more of his/her time on financial performance, budgeting, strategy and cost control.
Additional duties include monitoring the results of site and unit inspections to ensure action plans are created to address those results, reviewing and monitoring ad hoc report requests delegated to the Assistant Regional Property Manager, assist Controller, CFO and/or construction team with new development concepts and proforma budgets, and identifying areas for improving efficiency in business processes.
Responsibilities and Duties:
Supervise with a top-down approach of day-to-day property management.
Monitor rental rates and their relationship to other metrics in order to maintain an aggressive pricing strategy.
Review and monitor annual negotiation and bidding of contracted services.
Establish and monitor company policy for lease approval criteria (debt-to-income, credit score, etc.
)
Oversee specific issues when escalation is necessary (lawsuit concerns, evidence of a larger problem, staff issues, building safety, etc.
).
Monitor and stay abreast of changes in law affecting operations and appropriately distributes this information to property management personnel.
Initiate and manage annual multi-family budgeting process.
Perform periodic walk-through of all properties to confirm there are no maintenance, health & safety issues that need to be addressed.
Negotiate and manage large capital improvement projects, partnering with construction team when necessary.
Oversee the preventative maintenance program.
Monitor delinquency and collections.
Additional duties as assigned by owners or Controller.
Qualifications
Bachelor’s degree required in discipline of Business, Marketing, Real Estate or related field.
Industry specific certifications are a plus (CAM, RAM, CAPS).
Minimum of 7 to 10 years of management experience in multi-family property management.
A combination of education, experience and/or tenure may be substituted for the stated preferred education and experience
Excellent interpersonal and communication skills for all levels.
Organized, professional, friendly, enthusiastic and motivating
Ability to travel within the footprint of BECO’s multi-family portfolio, and the ability to engage with all levels of personnel.
BECO is an Equal Opportunity Employer.
We support a safe, healthy and drug-free workplace through pre-employment criminal background checks and drug testing.
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