Regional Property Manager, New Development - Student Housing
- Columbus, OH, United States
$115,000 to $140,000 USD / year
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Job details
- Pay
- $115,000 to $140,000 USD / year
- Posting language
- English
Original job description
What You'll Do:
As a Regional Property Manager, New Development - Student Housing, you’ll take on the exciting challenge of overseeing all aspects of a portfolio of assigned student housing properties in various stages of lease-up. You'll play a crucial role in driving the success of each property by spearheading leasing efforts, optimizing financial performance, and fostering strong resident relations. Working closely with senior management, property owners, investors, and other internal departments, you'll be instrumental in setting and achieving ambitious occupancy and revenue targets. Your leadership will empower site associates, providing them with the guidance, support, and resources they need to excel and deliver exceptional resident experiences.
Where You’ll Work:
This will be a remote opportunity with required travel to the portfolio quarterly. Additional travel for new acquisitions and site support will be required, as needed.
What You'll Own:
- Effectively lead geographically dispersed teams of property management professionals to operate a portfolio of assigned properties.
- Partner with internal departments, developers, investors, and owners to develop and execute lease up plans.
- Oversee and participate in leasing productions for assigned properties including leasing administration, marketing activities and maintaining product knowledge of community and competitors to maximize rental income and lease up schedule.
- Implement and monitor site reputation through online reviews. Hold property staff accountable to reputation deliverables throughout lease up.
- Problem solve through construction hurtles throughout lease up.
- Complete regular site visits to each property to engage with the site teams, complete quarterly audits, tour the market, inspect construction progress, and develop relationships with the communities we serve.
- Participate in the turnover process of units from construction to operations to ensure quality assurance.
- Successfully recruit, train, and develop high-performing associates in all site level roles to maximize the performance of our sites and develop the future leaders of our company.
- Provide performance coaching to under-performing site associates, initiate disciplinary action, and complete approved terminations as necessary.
- Work directly with Property Managers and developers to prepare lease up budgets to maximize performance compared to proforma and underwriting. Upon stabilization work with the property managers to create a stabilized budget for stabilized operations.
- Manage the financial performance of each property to ensure compliance with the approved budget, produce accurate financial reports, and provide advance notification of anticipated out of budget expenses.
- Review and approve property invoices, resident refunds, leasing commissions, and monitor the use of credit cards issued to on-site associates.
- Develop, implement, and continually evaluate a unique marketing plan for each property with the assistance of the marketing department and on-site team.
- Continuously evaluate and communicate suggestions for improving site and/or corporate operations and participate in the discussion and decision-making process of enacting positive change.
- Ensure sites are prepared for hazardous weather situations to minimize damage to the property.
- Maintain a positive attitude and provide excellent customer service to our residents, owners/investors, and other associates.
- Follow established company policies and complete all work in an ethical, fair, and consistent manner.
- Other duties as directed and assigned.
What You'll Bring:
- Bachelor’s degree or equivalent job-related experience required. Degree in Real Estate, Property Management, or Business preferred.
- Willingness to obtain all licenses and/or certifications required by State or Local jurisdictions including but not limited to PA, IL, NJ and IA.
- At least 3-5 years’ experience managing luxury Class A lease-up communities in the conventional housing industry is required.
- At least 3 to 5 years of related supervisory experience.
- Experience with Entrata, AIRM or other property management software strongly preferred.
- Valid driver’s license and reliable transportation.
- CAM or NALP certification a plus.
Who You Are:
- A people leader. You build relationships across lines of difference, inspire, and motivate others to buy into your vision, navigate challenging conversations with finesse, make tough calls, invest in the development of your team, communicate effectively in all formats, give, and receive feedback fluidly, and model/hold a high bar of excellence.
- Customer service driven. You approach employees, investors, residents, prospects, and vendors with a positive, friendly attitude and take pride in providing top-notch service by building long-term relationships and going above and beyond customer expectations. You take responsibility for and quickly rectify mistakes and respond to complaints in a timely and empathetic manner.
- A courageous problem solver. You keep it cool when things get complicated, and approach problems with viable solutions.
- A masterful executor. You get things done. You proactively plan to meet deadlines, achieve big goals, and manage complex projects in a fast-paced environment. You understand there are many moving pieces and stakeholders and ensure goals reach or surpass the finish line.
- Financially focused. You use a data-driven approach to make decisions that positively impact each property’s financials. You find creative ways to move the needle and are focused on driving results that ultimately influence the bottom line.
- A Self-Starter. You are sufficiently motivated to start a project and see it through to completion with little to no guidance. You prefer autonomy but still understand your role within a cross-functional team. You enjoy creating something from nothing.
What You’ll Get:
As a Coastal Ridge Real Estate associate, you'll have access to a comprehensive benefits package designed to support your health, financial well-being, professional growth, and work-life balance. Benefits may include medical, dental, and vision coverage, a 401(k) with company match, paid time off and company holidays, paid parental leave, volunteer time off, employee assistance resources, professional development opportunities, and additional team member perks.
The anticipated annual salary range for this position is $115,000 - $140,000. This role is also eligible for quarterly bonuses, per company policy.
Coastal Ridge Real Estate is committed to pay transparency. The salary or hourly wage range listed for this position represents the good‑faith range we reasonably expect to pay at the time of this posting, and applies to internal promotions and transfers as well as external applicants. In addition to base pay, this position may be eligible for the benefits and any additional/incentive compensation (e.g., bonuses or commissions) described in this posting. Final compensation within the range will be determined based on job‑related factors including relevant skills, qualifications, experience, work/geographic location, internal equity, and business needs.
Our Company:
Built on the foundation of over 20 years of friendships, Coastal Ridge is a vertically integrated multifamily real estate operator, investor, and developer whose unique approach successfully combines data and experience. Supported by over 900 real estate professionals with deep sector expertise, we have quickly grown into a leader in the multifamily industry. Our values are based on relationships and driven by honesty, integrity, and trust.
There is no fixed application deadline for this position. We will accept applications on a rolling basis and the opportunity will remain open until the position is filled or the posting is removed.
More about this job
Skills
- Leadership
- Product knowledge
- Quality assurance
- Coaching
- Underwriting
- Regulatory compliance
- Decision making
- Customer service
- Valid driver's licence
- Motivate others
- Manage feedback
- Handle complaints
- Meet deadlines