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Regional Property Manager / Turnaround & Lease-Up

$100k - $110k

Cope Equities LLC

Job Description

Job Description

Benefits:

  • Health insurance
  • Paid time off
  • Bonus based on performance
  • Competitive salary
  • Dental insurance
  • Vision insurance
Regional Property Manager – Turnaround & Lease-Up Location: DFW Metroplex (with required travel to Lubbock and Longview, TX)
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:
  1. Turnaround: Stabilize legacy properties requiring immediate corrective action — occupancy audits, high-volume evictions, and full operational restructuring.
  2. 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.
You will work alongside an Asset Management consultant who handles portfolio strategy, owner reporting, and financial analysis. Your focus is execution across both sides of the portfolio : cleaning up distressed assets while simultaneously filling brand-new ones.
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
Lease-Up (New Construction, Class A)
  • 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
Portfolio-Wide
  • 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
What You Bring
  • 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
Compensation & Benefits
  • 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
Why This Role
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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