Regional Property Manager

Company Description

At Cornerstone Residential, we are dedicated to delivering exceptional service to our investors, owners, and residents. We strive to maximize revenue for our partners while ensuring the preservation and growth of the assets we manage. Our comprehensive services include full accounting, payroll, reputation management, and auditing services, all aimed at maintaining resident satisfaction to drive occupancy and income growth. Additionally, our team provides support for portfolio expansion through investment analysis, proformas, due diligence, and property closings, aligning with our clients' strategic goals.

Role Description

The Regional Property Manager is a business leader who focuses on resident customer service and manages operations, leasing activity, renewals, collections, financial reporting, supplies, and communications for two or more residential properties.
We are looking for a leader with experience with Market Rate lease-up and LIHTC affordable properties.

ESSENTIAL DUTIES:

• Manage property operations including in

spect of Property on a regular basis and verify condition of vacant units on both scheduled and unscheduled intervals.

• Manage daily property requirements and maintain long-range capital improvements planning.
• Ensure all monies received are deposited and recorded on a regular basis and confirm proper bookkeeping procedures are followed.
• Review weekly/monthly property status and financial reports.
• Promptly respond to resident concerns, comments, and/or complaints.
• Create a sense of team among properties while maintaining the policy of non-fraternization.
• Review and refer any liability claims, legal complaints, or other violations to the legal department and/or corporate office.
• Cultivates and retains relationships with owners, partners and executives for assigned portfolio.
• Oversee property maintenance with the assistance of the maintenance team.
• Review reports for repairs and maintenance and evaluate timely completion of work orders.
• Oversee compliance with required permits for operating the property, such as, poll, elevator, etc.
• Monitor electric, water, and gas usage on the property.
• Ensure make ready turn times being met in compliance with company policy.
• Maintain and manage all financial responsibilities.
• Review and approve yearly operating budgets/forecasts and sales/marketing plans. Oversees compliance with budget goals.
• Control cost by reviewing expenses on an on-going basis.
• Review and approve capital invoices for