Vice President of Property Management

With a 25+ year history, our client is a leading owner operator of multifamily and commercial properties in the Southern California area. The firm takes a long-term approach to real estate, putting their own capital and effort into projects. Over the years, they performed well through different real estate cycles by focusing on fundamentals and staying disciplined. They are well-capitalized and positioned for continued growth, they actively pursue the right opportunities and work hard to deliver results for both residents and investors. Position The Vice President will support the principals in overseeing daily operations and driving strategic initiatives across the firm’s multifamily and select commercial real estate portfolio. This role bridges property management, asset management, and project execution, ensuring operational excellence, efficient capital planning, and value creation. The ideal candidate brings a strong background in property or asset management, with deep multifamily expertise and some exposure to commercial real estate. A proven track record in CapEx planning and project management is essential. Responsibilities Partner with the principals to execute the firm’s business plan, ensuring operational and financial objectives are achieved. Provide oversight of property management functions, ensuring tenant satisfaction, efficient operations, and compliance with company standards. Support asset management initiatives, including budgeting, forecasting, and portfolio performance tracking. Lead planning, coordination, and execution of capital improvement and renovation projects across the portfolio. Manage vendor selection, bid processes, and contract negotiations for major capital and maintenance projects. Monitor project timelines, budgets, and quality standards to ensure projects are completed on time and within scope. Collaborate with accounting and finance teams to ensure accuracy of operating budgets, CapEx plans, and financial reporting. Identify opportunities for operational efficiency, cost savings, and revenue growth. Track property performance metrics (NOI, occupancy, rent growth, capital deployment) and provide actionable recommendations. Serve as a thought partner to the principals on growth strategy, operational improvements, and best practices. Implement systems, processes, and reporting tools to enhance decision-making and portfolio visibility. Contribute to acquisitions, dispositions, and refinancing efforts by providing operational and capital planning input. Qualifications 15+ years of progressive experience in property management, asset management, or real estate operations. Multifamily required; commercial exposure strongly preferred. Demonstrated ability to lead capital planning, construction oversight, and large-scale property renovations. Proven track record managing cross-functional teams, third‑party vendors, and property managers. Strong understanding of P&L responsibility, NOI drivers, budgeting, and performance analytics. Bachelor’s degree in real estate, Finance, Business Administration, or related field required; MBA or related advanced degree preferred. Excellent communication, problem‑solving, and organizational skills. Ability to balance strategic thinking with hands‑on execution. #J-18808-Ljbffr 20/20 Foresight Executive Talent Solutions