Regency Properties · 12 hours ago
VP of Property Management
Regency Properties is a company focused on real estate management, and they are seeking a VP of Property Management to lead their Property Management team. The role involves overseeing the efficient operation of the real estate portfolio, ensuring effective resource allocation, and maintaining communication with Owners and Tenants to achieve operational goals.
Commercial Real EstateReal EstateRetail
Responsibilities
Directs the execution and compliance with all construction and property management processes and procedures. This includes monitoring performance and ensuring adherence to company policies
Provides leadership to the Property Management teams promoting professional growth within the team
Responsible for training and motivating the staff to perform at an elevated level of professionalism and productivity. Trains and develops staff, enabling achievement of business goals. Sets department goals aligned with organizational goals and allocates resources necessary to achieve these goals
Leads continuous improvement efforts regarding departmental processes and procedures in compliance with overall company policies
Develop field maintenance team strategies and processes to properly execute work schedules, complete projects, and track hour and material cost for tenant reconciliation. Oversees and works to increase gross margin and billable hours from field maintenance team
Provides leadership in maintaining and tracking all equipment, trucks and other items used by the field maintenance team to ensure company assets are properly used and maintained in accordance with standard preventive maintenance processes
Formulates portfolio-wide plans to include emergency response procedures and department specific policies and procedures. Remains available for emergency phone calls after hours as back-up to Property Managers and to provide Property Managers with assistance as needed
Directs the preparation and review of annual property expense budgets, reforecasts, management plans, monthly performance reports and variance reports. Reviews financial reports on a monthly basis for the entire property portfolio
Develops and manages a best-in-class customer service experience for all Owners and Tenants
Supports the Property Management reporting needs to the Executive Team and aids in setting and execution of the strategic plans for the company. This includes supporting and exemplifying the culture of the company
Oversees continuous process improvement for all operational processes involved in maintaining shopping centers, including tenant relations and establishing and maintaining national vendor partnerships and relationships
Oversees the planning, budgeting and control of property level operating and capital expenditures. Responsible for review of annual budgets, forecasts, management plans, repair and maintenance monthly performance reports and variance reports. Reviews and approves operating expenses and recovery processes
Authorizes expenses, signs legal documents within delegated approval limits, and makes reports to the Senior Vice President and Chief Operating Officer and/or the Executive Team, as applicable
Responsible for development of long-term planning of asset preservation for building envelope, preventive maintenance programs, mechanical systems, renovations, etc
Performs periodic inspections of properties and directs the Property Management team to maintain a long-term plan for the sustainability and preservation of Regency’s shopping centers
Maximizes utilization of computerized property management tools such as the Yardi system to gain operational efficiencies and create capacity to support growth
Promotes safety for all team members and vendors. Protects, defends, and represents the goodwill, reputation and good standing of Regency and affiliates
Qualification
Required
Bachelor's degree
Minimum eight years of progressive commercial property management experience
Previous team leadership
Proficient in Microsoft Office Suite
Proficient in Yardi enterprise software
Proficient in property management tools such as CMMS (Computerized Maintenance Management Solution) Systems
Effective communication skills
Organizational capabilities
Ability to manage confidential materials
Ability to work on priority projects
Self-starter who can function without continuous direct supervision
Able to demonstrate language, math, and reasoning skills consistent with those in similar level positions
Preferred
Professional Degree
Real Estate/Property/Management certifications
General contractor license
Company
Regency Properties
Regency Properties purchases, renovates, and manages retail centers that offers necessity-based retail options.
Funding
Current Stage
Early StageRecent News
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