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Regional Property Manager

Velairmanagement, Rochester, Minnesota, us, 55905

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Advance Your Leadership Career with Velair!

Regional Property Manager – Tax Credit Velair Property Management is seeking an experienced and results-driven Regional Property Manager to oversee a portfolio of affordable housing communities. This leadership role is responsible for driving financial performance, mentoring site-level teams, and ensuring compliance with regulatory and company standards across multiple properties.

Regular Schedule:

Monday – Friday, 8:00 AM – 4:30 PM, with occasional work outside of standard business hours as required by business needs.

Salary Range:

$80,000–$90,000 annually, dependent on experience.

Company Vehicle:

A company vehicle is provided.

Annual Clothing Allowance:

$200 per year for use at the Velair Clothing Store within the designated shopping period.

Essential Duties and Key Responsibilities

Leadership & Oversight

Supervise and mentor Property Managers across assigned Areas of Responsibility (AORs), ensuring operational excellence, team accountability, training, and compliance.

Lead hiring, onboarding, performance management, and coaching of direct reports; conduct interviews and oversee training of new hires.

Provide relief property management during vacancies, turnover, or instability across the portfolio.

Maintain a positive, professional, and problem-solving attitude; proven ability to work independently and calmly under pressure.

Deliver appropriate coaching, counseling, or disciplinary action as needed to support performance and policy adherence.

Property Operations & Compliance

Ensure enforcement and adherence to Velair policies and procedures; identify areas for improvement.

Maintain deep understanding of federal, state, and local landlord/tenant laws.

Ensure consistent and accurate execution of annual recertifications, new applications, file corrections, and renewals with the Compliance team.

Provide oversight and leadership during lease-ups and construction transitions.

Assist in generating and correcting resident tax credit certification files.

Proven ability to staff and stabilize a minimum of 200 units during high turnover/destabilization periods for at least 15 business days.

Software & System Proficiency

Advanced knowledge of Yardi and all modules including Rent Café and InspectCheck.

Conduct software training sessions for team members (in‑person or via webinar), particularly for new hires and regional staff.

Audit and monitor Yardi data for accuracy, rent entry, purchasing practices, and financial controls.

Oversee rent collection processes, ensuring timely posting and follow‑up.

Ensure accurate and timely monthly financial reporting and budget adherence.

Perform ledger cleanup, variance reporting, and provide financial recovery plans as needed.

Provide oversight of all accounting functions and financial performance for the region.

Marketing, Leasing & Occupancy

Develop and execute creative and competitive marketing and leasing strategies.

Mentor site teams in leasing, application processing, and resident relations.

Ensure high performance in occupancy, rent collection, and resident retention.

Conduct ongoing inspections to ensure unit/property condition meets Velair standards.

Maintenance & Property Standards

Partner with vendors and maintenance teams to ensure high-quality upkeep, repairs, and future project planning.

Perform comprehensive property inspections across financial, environmental, compliance, and procedural categories.

Resident Relations

Proactively address escalated resident concerns with urgency and professionalism.

Demonstrate exceptional conflict resolution skills in high‑stress resident situations.

Coach site leaders on navigating resident engagement and conflict resolution.

Work closely with Compliance, HR, Accounting, and other corporate departments to ensure smooth operations.

Facilitate communication between site teams and corporate leadership for policy execution and operational needs.

About You You are a strategic and supportive leader who thrives in a fast‑paced environment. You’re passionate about mentoring others and have a strong understanding of affordable housing compliance and property operations.

You should have the following skills and experience:

Proven track record as a mentor to new hires and team members.

Ability to train and be accountable for leasing, property management, and maintenance staff.

Experience managing multiple properties and leading during periods of staffing absence.

Expertise in LIHTC, HOME, and other affordable housing programs.

Hands‑on experience with Yardi, Rent Café, and other property management systems.

Ability to analyze budgets, manage financial performance, and optimize operating income.

Demonstrated ability to maintain compliance, drive occupancy, and resolve complex issues efficiently.

Strong decision‑making skills to address operational challenges and resident concerns.

Exceptional communication, decision‑making, and leadership skills.

Ability to create a welcoming and professional environment for residents and staff.

Education & Certifications

Required: High school diploma or equivalent.

Preferred: 2‑or 4‑year degree in business, real estate, or a related field.

COS and TCS required; ability to obtain additional certifications within 6 months. ARM, RAM, or MN Real Estate License a plus.

Previous involvement with the Minnesota Multi‑Housing Association is a plus.

Professional Experience

Minimum of 5 years in property management or 2 years of successful experience as a Senior Area Manager at Velair.

Demonstrated success in supervising multi‑site affordable housing portfolios.

Mastery in LIHTC, HOME, and Section 8 compliance.

Strong background in leasing, application processing, and marketing strategies.

Previous experience in a Regional Property Manager role or similar is a plus.

Additional Requirements

Valid driver’s license & insurance; travel required between sites.

Commitment to career growth through Velair‑supported training and development opportunities.

Ability to support multiple sites and respond to property needs as necessary.

Personal cell phone required for business use (monthly reimbursement provided).

This role requires in‑office presence five days per week: approx. 3 days on‑site at properties and up to 2 days at the corporate office.

Physical Requirements

Ability to lift up to 30 pounds and conduct regular property inspections, including walking stairs.

Work is primarily indoors with occasional outdoor responsibilities as needed.

About Us At Velair Property Management, our mission is to "delight residents and communities by providing exceptional homes and service." Our success is not only measured financially but also by the longevity of our employees, the warm reception from the communities we serve, and the satisfaction of residents who choose Velair as their home.

The Velair Way defines how we serve, grow, and succeed together. It’s a philosophy rooted in both our people and our processes, reflecting our company’s character in everything we do.

We believe in educating, encouraging, and empowering our team members. We support work‑life balance, maintain an open‑door policy, offer mentorship programs, and provide endless opportunities for learning and advancement. If you're hard‑working, reliable, energetic, and fun‑loving, we’d love to have you join our team!

Employee Benefits

Paid Time Off: 15 PTO days, 9 paid holidays, 2 floating holidays.

Health & Retirement: 401(k) with company matching, medical, dental, vision, life, and disability insurance.

Other Perks: Supplemental compensation, referral bonuses, professional development programs, and career advancement support.

What Our Employees Say: “Once you work for Velair, you never want to leave. Everyone here is part of a family. There’s a strong support system, and this is the first company where I truly feel valued.” – Current Property Manager

Apply today and grow your leadership career with Velair! Accessibility: If you need an accommodation as part of the employment process please contact Human Resources at Phone: 612-243-5000 Email: hr@wmevo.com

Equal Opportunity Employer Statement: Velair Property Management is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

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