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Vice President Property Management (Operations)

$175k - $235k

Bisnow

Our SelectLeaders client is a well-established, family-owned real estate company based in Colorado. They operate across both development/investment and property management, with a portfolio spanning commercial and residential properties, including a focus on workforce and affordable housing. Known for their long-term, hands-on approach and deep roots in the Colorado market, they are considered a trusted name across the full property lifecycle, from development through ongoing operations. They are looking to add a Vice President of Property Management. This is a senior leadership role responsible for the strategic direction and overall performance of a growing real estate portfolio. This individual will provide executive oversight of the property management division. Responsibilities: Provide executive oversight of daily operations across the portfolio, ensuring assets are maintained to the highest standards of quality and compliance Establish and enforce operational policies, procedures, and service standards across the portfolio Monitor and manage key performance indicators including occupancy rates, NOI, expense ratios, lease renewal rates, and capital project completion Review property inspection findings and operational audits; approve corrective action plans where needed Partner with ownership on capital expenditure planning, value-add initiatives, and annual business plans for each asset Oversee leasing, renewals, rent collection, and resident relations across all residential communities Guide marketing and leasing strategies to sustain strong occupancy and revenue growth Ensure compliance with all applicable fair housing laws, local landlord-tenant regulations, and company policy Drive the performance, training, and development of property-level staff, including on-site managers, leasing consultants, and maintenance technicians Review resident satisfaction metrics; guide programs to improve retention and community quality Oversee landlord-tenant relationships, lease administration, CAM reconciliations, and tenant improvement projects for commercial tenants Coordinate with legal counsel on lease negotiations, estoppels, SNDAs, and default proceedings Ensure timely and accurate billing, collections, and reporting to owners for commercial assets Provide approval oversight of vendor contracts and service agreements for commercial properties Identify and execute value-enhancement strategies such as lease-up initiatives, repositioning, or operational efficiencies Lead the enterprise-wide implementation of a new property management software platform, serving as internal project lead alongside the CFO Collaborate cross-functionally with IT, accounting, and operations teams to define scope, timelines, and deliverables, and oversee migration of tenant, lease, vendor, and financial data Direct staff training and post-go-live support to ensure a smooth transition and strong platform adoption across the organization Oversee annual operating budgets, monthly variance analysis, and financial reporting across all properties Approve property-level invoices, purchase orders, and disbursements within established authority limits Serve as the primary operating partner to the finance organization, ensuring property-level performance and reporting consistently meet company standards and timelines Communicate with ownership on monthly, quarterly, and annual reporting packages, and partner with accounting on month-end close and year-end reconciliations Lead, coach, and develop property management teams, fostering a culture of accountability and continuous improvement Manage staffing levels, succession planning, and compensation strategy in alignment with company growth objectives Support leadership in evaluating and onboarding new management assignments, and represent the company with prospective clients, lenders, brokers, and community stakeholders Contribute to management proposals, fee structures, and service agreements to support new business growth Qualifications: Bachelor's degree in Real Estate, Business Administration, Finance, or a related field required; advanced degree (MBA or MS in Real Estate) preferred Professional designations such as CPM, RPA, or CCIM a strong plus 8-10 years of progressive property management experience, including 3-5 years in a senior or director-level leadership role Demonstrated experience managing both multifamily residential and commercial (office and/or industrial) assets simultaneously Hands-on experience with enterprise property management platforms required; Yardi Voyager expertise required Experience leading or participating in a major software migration (MRI, Yardi, RealPage, or equivalent) highly desirable Skills & Competencies: Exceptional leadership presence with the ability to inspire, align, and hold a team accountable Strong financial acumen; ability to read, analyze, and act on property-level financial statements In-depth knowledge of landlord-tenant law, Fair Housing regulations, ADA compliance, and commercial lease structures Proven project and change management skills; ability to manage multiple priorities in a fast-paced, growing organization Proficiency in Yardi Voyager (or similar platform); advanced Microsoft Excel and reporting skills Excellent communication skills - written, verbal, and presentation - for interactions with ownership and external stakeholders Entrepreneurial mindset - comfortable with ambiguity and energized by building systems and processes from the ground up Salary: $175,000 - $235,000 base plus bonus incentives #J-18808-Ljbffr Bisnow

Vacancy posted 2 days ago
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