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Regional Property Manager - LIHTC

New Castle Management Group LLC

Job Description Manage a multifamily residential portfolio comprised of market-rate and LIHTC sites and motivate a sales team; train and motivate associates to achieve sales goals. Achieve and exceed targeted physical and economic occupancy goals by effectively managing all activity related to effective cost control, revenue maximization, and delinquency management. Maximize financial performance including year-over-year Net Operating Income (NOI) while maintaining expenses in line with a budget and maximizing revenue. Prepare monthly financial reports and variance reports. Lead monthly meetings with owners and directors to include a review and analysis of property financial reports and operating issues. Work with the owners to identify property goals and objectives. Analyze and prepare all rent pricing strategies. Implement a competitive marketing strategy. Maintain thorough product knowledge of all properties and that of major competition. Ensure all required weekly, monthly, and quarterly reports are completed accurately and in a timely manner. Respond to escalated customer needs in a timely and professional manner. Provide professional and positive leadership to team members. Respond to action items and goals identified on monthly property inspections; ensuring community appearance meets or exceeds site standards. Responsible for satisfactory site audits. Oversee and manage legal updates and compliance-related processes. Track property and team member performance through regular performance reviews. Recruit, hire, train, and mentor individuals for all property level positions. Maintain a succession plan and strong candidate pool. The Regional Property Manager conducts all business in accordance with NewCastle Management Group’s established policies and procedures, all Federal, State, and County Fair Housing Laws, Americans with Disabilities Act, and all other laws pertaining to apartments. This position reports to the Vice President of Operations. Qualifications Required experience in Property Management: Minimum 4 years Required experience in LIHTC Some travel required Working knowledge of multifamily property management practices and processes: Fair Housing laws and regulations, building and grounds maintenance, resident relations, leasing, rent collection, eviction procedures, accounting principles, property safety, and use of property management and accounting software. Excellent communication and interpersonal skills. Detail-oriented and highly organized. Strong customer service skills. Skilled in time management and the ability to prioritize tasks. Excellent critical thinking and problem‑solving skills. We are an equal opportunity employer and consider all qualified applicants equally without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, or disability status. #J-18808-Ljbffr

Vacancy posted 4 days ago
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