Bridge Property Management · 2 days ago
Regional Vice President
Bridge Property Management is seeking a Regional Vice President to lead their team of Vice Presidents and Regional Managers. This role involves driving value through effective leadership and financial insight across the multifamily portfolio, while ensuring strategic goals are met through collaboration with executive leadership.
Commercial Real EstateConstructionReal EstateReal Estate Investment
Responsibilities
Manages the rigorous annual budget preparation process
Monitors expense controls and implements initiatives to achieve or exceed budget
Conducts monthly financial reviews with Regional Property Managers, VPs and on-site Property Managers
Establishes and implements a rigorous monthly forecasting process for each asset
Oversees, Reviews, and approves capital improvement projects within budget parameters
Oversees marketing initiatives and advertising/leasing plans
Oversees the appropriate utilization of Reserve for Replacement and/or Residual Receipts for funding capital improvements and/or operating deficits
Identifies and implements consistent ancillary income sources to increase property revenues
Benchmarks property performance against regional and national averages
Creates and implements action plans for under-performing assets
Acts as primary liaison with regulatory agencies – IHFA, IHDA and HUD
Communicates with outside owners, investors and/or delegates as appropriate
Ensures that owner reporting packages are consistent and delivered to clients in a timely fashion
Serves as a team member in the various processes of acquisitions and new construction, aiding in the marketability and management of assets
Coordinates team members, including outside contractors, to complete the due diligence process on third party management opportunities and potential acquisitions
Provides budget for new acquisitions and new construction projects
Recruits, selects, trains, supervises and counsels management staff
Oversees policies for property operations
Establishes goals and incentive compensation programs for all management staff and ensures that they are implemented consistently
Qualification
Required
Minimum 10 years' experience managing large portfolios of multi-family assets in multiple markets
Background in managing diverse types of multi-family communities
Focus on marketing, rehab, and re-positioning assets
Track record of successful personnel management – including hiring, training and staff development
Exceptional leadership, management, interpersonal and communication skills
Benefits
Full Insurance benefit suite including Medical Insurance, Dental Insurance, Vision Insurance, Critical Illness Insurance, Accident Insurance, Short Term Disability, Legal & Identity Theft Insurance, and Pet Insurance.
Company paid Life Insurance (option to buy additional available) and Long-Term Disability.
Access to benefits concierge service.
Access to Mental Health & Well-Being service.
401K:Bridge Investment Group will match your contributions dollar-for-dollar, up to 6% of your pay. These contributions are fully vested immediately. Eligible employees are automatically enrolled at a 4% contribution rate. The employee must be at least 21 years of age and have worked for the Company for at least 60 days.
Paid Time Off: Employee will accrue 5.23 hours of paid time off per pay period for a total of 17 days per year.
11 Paid Holidays per year.
Following six (6) months of employment at the Company, you will be eligible per birth, adoption or placement of a child for four (4) weeks of paid parental leave as the primary caregiver to the child or two weeks of paid parental leave as the secondary caregiver to the child. Following two years of employment at the Company, you will be eligible for twelve weeks of paid parental leave per birth, adoption, or placement of a child if you are the primary caregiver of the child.
Tuition Reimbursement: Up to $5,000 per year of pre-approved tuition expenses will be reimbursed upon submission of approved documentation. Repayment obligations may apply if employment terminates prior to 24 months.
Company
Bridge Property Management
Bridge Property Management provides accounting services & property management solutions to each property owner.
Funding
Current Stage
Late StageRecent News
2023-12-22
California Globe
2023-12-22
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