Regional Property Manager
Arnold Grounds Property Management, Des Moines, Iowa, United States
Overview
Arnold Grounds Apartment Management is a leading property management company committed to providing high-quality, affordable housing while maintaining compliance with all federal, state, and local regulations. We pride ourselves on fostering thriving communities, supporting our residents, and empowering our teams to achieve operational excellence.
We are seeking a Regional Property Manager responsible for the overall operational, financial, and regulatory performance of a multi-site affordable housing portfolio in the St. Louis, Missouri market. This role provides direct leadership to Community Managers and site teams while ensuring full compliance with affordable housing program requirements, including LIHTC, HUD, Section 8, and other state and local programs. The Regional Property Manager partners closely with the Regional Vice President to drive performance, mitigate risk, and support long-term asset value.
Key Responsibilities
Portfolio & Operations Management
Oversee daily operations of a multi-site affordable housing portfolio exceeding 1,000 units
Ensure consistent implementation of company policies, procedures, and best practices across all assigned communities
Monitor property performance metrics including occupancy, leasing velocity, resident retention, and service standards
Conduct regular site visits, audits, and inspections to ensure operational excellence
Affordable Housing Compliance
Ensure strict compliance with all affordable housing regulations, including LIHTC, HUD, Section 8, HOME, and applicable state and local requirements
Oversee annual recertifications, file audits, REAC inspections, MORs, and agency reporting
Serve as a compliance resource for site teams, providing guidance and corrective action as needed
Address and resolve compliance findings, agency notices, and audit discrepancies promptly
Financial Performance & Budgeting
Prepare, review, and manage annual operating budgets in collaboration with the Regional Vice President and Asset Management
Analyze financial statements, variance reports, and KPI dashboards to identify trends and improvement opportunities
Drive NOI performance while maintaining regulatory compliance and resident satisfaction
Approve expenses, monitor contracts, and ensure cost controls are in place
Leadership & Team Development
Directly manage and mentor Community Managers and support teams across the portfolio
Lead hiring, onboarding, performance management, and disciplinary actions in partnership with HR
Foster a culture of accountability, professionalism, and continuous improvement
Identify training needs and support career development within the team
Owner, Agency & Stakeholder Relations
Serve as a primary operational liaison with owners, investors, lenders, housing authorities, and regulatory agencies
Participate in owner meetings and prepare clear, accurate operational reports
Proactively identify risks and recommend strategic solutions to the Regional Vice President
Risk Management & Asset Preservation
Ensure properties meet safety, maintenance, and capital improvement standards
Oversee maintenance operations and ensure preventative maintenance programs are executed
Manage escalated resident issues, Fair Housing concerns, and legal matters in coordination with leadership
Qualifications Required
Minimum of 7-10 years of property management experience with significant affordable housing exposure
Proven experience managing a multi-site portfolio of 1,000+ units
Extensive knowledge of LIHTC, HUD, Section 8, and affordable housing compliance requirements
Strong financial acumen with experience managing budgets, forecasts, and variance analysis
Demonstrated leadership experience managing and developing multi-site teams
In-depth knowledge of the St. Louis, MO affordable housing market and regulatory environment
Preferred
CAM, CPM, or other industry certifications
Experience working closely with Asset Management and ownership groups
Yardi, AppFolio, or comparable property management software experience
Skills & Competencies
Strong organizational and time-management skills
Excellent written and verbal communication
High attention to detail with a compliance-focused mindset
Ability to lead through change and manage competing priorities
Professional judgment and discretion in sensitive situations
What Success Looks Like in This Role
High-performing, compliant communities with strong occupancy and financial results
Well-trained, engaged, and accountable site teams
Positive agency audit outcomes and minimized compliance risk
Strong partnership and trust with the Regional Vice President and ownership
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We are seeking a Regional Property Manager responsible for the overall operational, financial, and regulatory performance of a multi-site affordable housing portfolio in the St. Louis, Missouri market. This role provides direct leadership to Community Managers and site teams while ensuring full compliance with affordable housing program requirements, including LIHTC, HUD, Section 8, and other state and local programs. The Regional Property Manager partners closely with the Regional Vice President to drive performance, mitigate risk, and support long-term asset value.
Key Responsibilities
Portfolio & Operations Management
Oversee daily operations of a multi-site affordable housing portfolio exceeding 1,000 units
Ensure consistent implementation of company policies, procedures, and best practices across all assigned communities
Monitor property performance metrics including occupancy, leasing velocity, resident retention, and service standards
Conduct regular site visits, audits, and inspections to ensure operational excellence
Affordable Housing Compliance
Ensure strict compliance with all affordable housing regulations, including LIHTC, HUD, Section 8, HOME, and applicable state and local requirements
Oversee annual recertifications, file audits, REAC inspections, MORs, and agency reporting
Serve as a compliance resource for site teams, providing guidance and corrective action as needed
Address and resolve compliance findings, agency notices, and audit discrepancies promptly
Financial Performance & Budgeting
Prepare, review, and manage annual operating budgets in collaboration with the Regional Vice President and Asset Management
Analyze financial statements, variance reports, and KPI dashboards to identify trends and improvement opportunities
Drive NOI performance while maintaining regulatory compliance and resident satisfaction
Approve expenses, monitor contracts, and ensure cost controls are in place
Leadership & Team Development
Directly manage and mentor Community Managers and support teams across the portfolio
Lead hiring, onboarding, performance management, and disciplinary actions in partnership with HR
Foster a culture of accountability, professionalism, and continuous improvement
Identify training needs and support career development within the team
Owner, Agency & Stakeholder Relations
Serve as a primary operational liaison with owners, investors, lenders, housing authorities, and regulatory agencies
Participate in owner meetings and prepare clear, accurate operational reports
Proactively identify risks and recommend strategic solutions to the Regional Vice President
Risk Management & Asset Preservation
Ensure properties meet safety, maintenance, and capital improvement standards
Oversee maintenance operations and ensure preventative maintenance programs are executed
Manage escalated resident issues, Fair Housing concerns, and legal matters in coordination with leadership
Qualifications Required
Minimum of 7-10 years of property management experience with significant affordable housing exposure
Proven experience managing a multi-site portfolio of 1,000+ units
Extensive knowledge of LIHTC, HUD, Section 8, and affordable housing compliance requirements
Strong financial acumen with experience managing budgets, forecasts, and variance analysis
Demonstrated leadership experience managing and developing multi-site teams
In-depth knowledge of the St. Louis, MO affordable housing market and regulatory environment
Preferred
CAM, CPM, or other industry certifications
Experience working closely with Asset Management and ownership groups
Yardi, AppFolio, or comparable property management software experience
Skills & Competencies
Strong organizational and time-management skills
Excellent written and verbal communication
High attention to detail with a compliance-focused mindset
Ability to lead through change and manage competing priorities
Professional judgment and discretion in sensitive situations
What Success Looks Like in This Role
High-performing, compliant communities with strong occupancy and financial results
Well-trained, engaged, and accountable site teams
Positive agency audit outcomes and minimized compliance risk
Strong partnership and trust with the Regional Vice President and ownership
#J-18808-Ljbffr