Regional Property Manager / Turnaround & Lease-Up
$100k - $110kCope Equities LLC
Job Description
Job Description
Benefits:
- Health insurance
- Paid time off
- Bonus based on performance
- Competitive salary
- Dental insurance
- Vision insurance
Compensation: $100,000 – $110,000 base salary + performance bonuses
Travel/Vehicle Allowance: Monthly vehicle allowance provided; air travel to Lubbock covered by the company
Employment Type: Full-Time
About the Role
We are a growing commercial and residential real estate company seeking an experienced Regional Property Manager to lead operations across a diverse multi-property portfolio in Texas. This role has two equally critical mandates:
- Turnaround: Stabilize legacy properties requiring immediate corrective action — occupancy audits, high-volume evictions, and full operational restructuring.
- Lease-Up: Drive rapid absorption on 2–3 newly constructed Class A properties targeting stabilization for disposition. Speed and presentation matter — these assets need to hit occupancy benchmarks on an aggressive timeline.
What You'll Do
Turnaround (Legacy Properties)
- Conduct physical property walks and audits to reconcile actual occupancy against rent rolls
- Manage and execute a high-volume eviction pipeline in coordination with legal counsel
- Identify and remove unauthorized occupants and restore unit control
- Rebuild accurate records and operational processes from the ground up
- Execute and oversee aggressive lease-up strategies to hit stabilization targets as quickly as possible
- Manage the full leasing cycle: marketing coordination, showings, applicant screening, and lease execution
- Ensure properties are presented at a Class A standard — model units, common areas, curb appeal, and punch list follow-through with contractors
- Track absorption pace weekly and flag any obstacles to the Asset Management team for strategic adjustment
- Coordinate with ownership and the AM consultant on pricing strategy, concession deployment, and comp analysis
- Oversee all tenant-facing operations: leasing, renewals, notices, and collections
- Maintain AppFolio data integrity, including nightly reporting and KPI tracking
- Supervise on-site staff, vendors, and maintenance teams across all properties
- Travel regularly to Longview, TX (by car) and Lubbock, TX (by air) for property inspections and oversight
- Deliver monthly property condition and performance reports to leadership
- 3–5+ years of direct property management experience with exposure to both distressed/turnaround environments and new construction lease-ups
- Proven track record managing eviction processes at volume
- Demonstrated success driving rapid lease-up and stabilization of Class A or new-build properties
- Deep proficiency in AppFolio (required)
- Strong understanding of leasing fundamentals: pricing, marketing, tenant screening, and closing
- Comfort operating independently across geographically dispersed properties
- Strong organizational skills and a bias toward accountability and documentation
- Valid driver's license and willingness to travel weekly
- Base Salary: $100,000 – $115,000, commensurate with experience
- Monthly Vehicle Allowance: Provided to cover routine travel between DFW and Longview; all mileage-related wear, fuel, and maintenance for work travel included
- Air Travel: Company-paid flights for all required trips to Lubbock
- Stabilization Bonus: Performance-based bonus tied to achieving specific KPIs within the first 90 days (e.g., squatter removal, restored occupancy, record accuracy, and lease-up velocity targets)
- Standard benefits package
This is a rare opportunity to operate across the full spectrum of property management — breathing life into brand-new assets while restoring order to troubled ones. You will have clear objectives, direct visibility to ownership, a strategic partner handling analytics, and the autonomy to execute decisively on both fronts. If you can fill a building as fast as you can fix one, this is your role.
To Apply: Submit your resume and a brief summary highlighting your experience with either a property turnaround, a lease-up you drove to stabilization, or both. About Cope Equities, LLC
Cope Equities LLC, and its subsidiaries, is a rapidly growing real estate developer and construction company based in north Texas. We have divisions of Land Acquisition and Entitlement, Investment, Horizontal Development, Multifamily Construction and Leasing, and Single-Family Residential Construction and Sales. We are a family-owned and run company with a tight-knit culture of teamwork, creativity, and autonomy. We strive for a "lean and mean" work ethic and an honest work/life balance. This company is best suited to individuals who thrive in an environment free from constant micro-management and rigid, pre-defined operating procedures.
Vacancy posted 11 days ago
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