DLP Capital · 2 hours ago

Regional Manager

Gulfport, MS

Full-time

Remote

Senior Level

5+ years exp

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Responsibilities

Manage assets in your portfolio according to predefined strategies, ensuring alignment with company investment objectives.

Collaborate with the Executive Team to optimize asset performance and work closely with Development & Construction on new developments and lease-ups.

For new developments, maximize revenue through timely unit delivery, income collection, and identification of ancillary revenue opportunities.

Work with the Director of Marketing & Strategy in operationalizing the business plan for each newly developed community.

Manage daily, weekly, monthly KPI or key performance indicator reporting in an effort to monitor and drive performance for revenue, occupancy, leasing, renewals, rental rates, rent collections, expense control and production of rent ready apartments.

Proactively maintain and review ongoing performance reports related to the financial and operational performance of the asset or portfolio in conjunction with budgeted expectations, operational metrics & underwriting returns.

Complete monthly forecasts and Revenue Acceleration Plans to proactively develop strategies for anticipated income and expense shortfalls, as well as to address areas of underperformance within the portfolio or specific communities.

Visit each assigned property monthly, including walking vacant units and amenities to ensure cleanliness & exceptional curb appeal at each asset.

Ensure all amenities are clean and in good operation condition at all times.

Work with managers and partner teams to achieve budgets that align with the property business plan and goals necessary for a successful operation and achievement of growing revenue.

Develop a business plan to make up lost revenue towards communities achieving 95% monthly projected NOI in 2024.

Maximize revenue by focusing on and managing timely product delivery, driving rental rates, and minimizing bad debt ensuring that you meet or exceed revenue budget expectations.

Responsible for all sites managing operating expenses ensuring compliance with budgeted operating and capital spend.

Develop strategic initiatives that create value and WOW service which results in customer loyalty and increased retention.

Work with managers and partner teams to build budgets that align with the property business plan and goals necessary for a successful operation and achievement of growing revenue.

Research and recommend innovative strategies and technologies that can drive performance and value to the entire portfolio.

Monitor investment and property operations performance to preserve & increase the value of the investment throughout the asset life cycle.

Perform financial analysis of properties including operating statements, budget variance review, loan administration, lease analysis, and any other relevant reporting or documentation.

Qualification

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Multifamily Property OperationsAsset ManagementAdvanced AnalyticsExcelGoogle SuiteMentoring