Area Manager

Area Manager

Arboreal Management, the property management arm of Great Expectations, is seeking an experienced Area Manager to oversee a portfolio of affordable housing communities across the Pacific Northwest. This role serves as the operational and financial leader for a defined group of properties, managing a team of on-site Property/Portfolio Managers and ensuring each community meets occupancy, compliance, and budget targets. The Area Manager reports to the Regional Manager and plays a critical role in translating regional strategy into site-level execution.

Key Responsibilities

• Oversee day-to-day operations across 5 buildings / 350 units within an assigned geographic area
• Directly manage and develop a team of Property Managers/Portfolio Managers, including hiring, coaching, and performance management
• Own financial performance for the portfolio: budget preparation, variance analysis, and expense control
• Ensure compliance with affordable housing program requirements (LIHTC, Section 8, HUD, or applicable state/local programs)
• Monitor occupancy, leasing velocity, and renewal performance across the portfolio; implement corrective action plans as needed
• Conduct regular property inspections and audits to ensure physical asset standards and life-safety compliance
• Partner with maintenance leadership to ensure capital projects and unit turns stay on schedule and on budget
• Serve as an escalation point for resident and staff issues that on-site teams cannot resolve independently
• Report portfolio performance to the Regional Manager and senior leadership on a regular cadence

Required Qualifications

• 5+ years of property management experience, including at least 2 years in a multi-site or area/regional oversight capacity
• Direct experience managing affordable housing properties (LIHTC, HUD, Section 8, or similar compliance programs) — required
• Property management accounting experience (budgeting, variance reporting, P&L ownership) — required
• Proven track record managing and developing property-level management staff
• Proficiency with property management software (AppFolio preferred)
• Valid driver's license and ability to travel regularly across the assigned portfolio

Preferred Qualifications

• Experience with LIHTC compliance specifically (as opposed to Section 8 only, or vice versa)
• Certification such as CPM, ARM, or COS
• Experience operating in a PE-backed or investment-owned portfolio environment

What We Offer

• Highly competitive salary based on experience
• Performance-based bonus opportunities
• Medical, dental, and vision insurance
• Paid time off and holidays
• Mileage reimbursement
• 401(k)
• Ongoing professional development and career advancement