Sr Portfolio Manager

Job Description

Job Description

Description:

About Us

Fairgrove Property Management provides industry-leading residential property management services to real estate investors and residents throughout Southern California. Founded in 1976, the Irvine, CA-based company makes owning investment properties profitable and effortless. Four decades of experience in the residential real estate sector empowers Fairgrove to deliver a combination of exceptional operational expertise and innovative technology to both owners and residents. The company’s management approach enables stress-free, passive investing for owners, and provides residents with quality housing where service is the highest priority. Fairgrove Property Management operates in four major Southern California markets and is rapidly expanding across the West.

Job Summary

The Senior Portfolio Manager, under supervision of the Regional Manager, shares responsibility for maintaining the physical assets and performance of assigned properties and manages the onsite staff within a portfolio. Will need a diverse skillset to manage both multiple property owner’s expectations as well as manage a team of 6-10 direct reports for 500 – 700 units.

Position Details:

• Full-Time Salary Position
• Compensation: $80,000-$90,000 salary plus Annual Bonus
• Scattered-site and multi-owner management experience required

Benefits Package:

• Medical, Vision, and Dental Coverage
• 401(k) Plan
• Paid Time Off (PTO)

Key Responsibilities:

Leadership and Team Development:

• Lead, mentor, and inspire a team of onsite managers, providing strategic oversight to drive high-performing properties and operational excellence.
• Conduct regular coaching sessions to enhance team performance, productivity, and service delivery.
• Promote a culture of collaboration, accountability, and excellence across the portfolio.

Owner and Client Management:

• Oversee day-to-day operations of a large, scattered portfolio, including all aspects of owner relations and resident services.
• Communicate property performance metrics, financial reports, and operational updates to owners in a timely and transparent manner.
• Address owner concerns and implement solutions to meet ownership goals and expectations.
• Identify opportunities to expand the portfolio by fostering long-term partnerships with existing clients and attracting new business.

Portfolio and Property Performance:

• Oversee all aspects of property performance, including financial, operational, and resident satisfaction.
• Analyze property budgets, expenses, and revenue, ensuring properties meet or exceed financial goals.
• Collaborate with teams to implement strategies that enhance property value and efficiency, including cost control, tenant retention, and risk mitigation.
• Monitor market trends and recommend adjustments to rental rates, marketing strategies, or property improvements.

Qualifications:

• Bachelor’s degree or combination of relevant experience.
• 5+ years of experience in property management, with at least 3 years in a leadership or portfolio management role.
• Strong knowledge of property management software (e.g., AppFolio)
• Proven ability to build and maintain positive relationships with clients and teams.
• Exceptional leadership, communication, and problem-solving skills.