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LR Management Services

Regional Property Manager

LR Management Services, Detroit, Michigan, United States, 48228

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Regional Property Manager Join the fastest growing property management company in Michigan as a Regional Property Manager! LR Management is looking for a dependable and hard-working individual with previous apartment management experience to join our team. The successful candidate will be a team player, have exceptional people skills, a positive attitude, and be self‑motivated and self‑directed.

The Regional Property Manager is the leader and main support person for their portfolio of communities. They are directly responsible for all aspects of their communities, and are tasked with identifying potential detractors to performance and promptly addressing them. They must be able to detect, diagnose, and solve complex issues to ensure optimal operation, while providing direction for their team. Utilizing their experience and understanding, a Regional Property Manager can see trends in the market and proactively make adjustments and recommendations to our team and owners.

Compensation & Benefits

Competitive compensation

Employee training and certification assistance

Career growth opportunities

Health, vision, and dental benefits

A wide selection of voluntary benefits to meet employees’ individual needs

401(k) with company match

15 days of accrued PTO per year

7 paid holidays each calendar year

Responsibilities

Oversee and direct day‑to‑day property operations across the portfolio, including direct management of functional line managers (leasing, resident services, maintenance)

Maximize income and control costs for each property

Conduct a monthly review of financial reporting and budget variance analysis; oversee the annual budgeting process with property managers and owners

Design and implement competitive and effective incentive compensation programs

Oversee, develop, and implement marketing and advertising plans across markets in conjunction with Regional Marketing Manager and Regional Leasing Manager

Perform regular site visits to ensure smooth functioning and organization of site offices; perform physical inspections of properties

Work with the company’s corporate office to ensure that risk management practices are implemented and followed

Review the preventative maintenance program with managers and maintenance staff

Recruit, retain, and develop staff at all levels in partnership with property managers

Conduct disciplinary action meetings

Evaluate direct reports on an annual basis, or as needed

Manage property contracts

Oversee the processing of work orders, payroll and invoicing

Monitor leasing and renewal activities through the revenue management system

Oversee RUBS (Ratio Utility Billing System) to ensure correct billing to tenants

Monitor AR and AP functions at property offices

Monitor internal processes of inventory control and purchasing

Monitor and assess the make‑ready process and negotiate with vendors if needed

Other related duties as assigned

Qualifications

Bachelor’s degree in business or a related field is required; MBA is a plus but not required

6‑10 years of experience, with the latest role as Property Manager, Multi‑Site Property Manager, or Regional Property Manager of at least 1,200 units; scattered site experience preferred

Experience managing a staff of minimum 20 persons, including maintenance department

Experience in residential apartment marketing and management and knowledge of applicable laws and regulations

Knowledge of established accounting and bookkeeping practices and procedures including the ability to create budgets and analyze financial statements

Excellent written and verbal communication skills

Ability to work independently with minimal supervision

Ability to multi‑task and adapt to changing priorities

Effective interaction with all levels of employees and external contacts

Ability to work well under pressure, exercise good judgment when making decisions, and handle stressful situations in a mature, professional manner

Computer skills including the Microsoft Office Suite and internet usage

Proficiency in Yardi is preferred

Seniority Level Director

Employment Type Full‑time

Job Function Sales and Management

Location & Salary Bloomfield Hills, MI $55,000.00–$75,000.00

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