Senior Director of Property Management

Company Confidential

Manhattan, NY

Salary Estimate: $175,000.00 - $199,999.00

Employment Type: Full Time

Work Place: Office

Experience Required: 7+ to 10 years

Education Required: 4 Year College

Benefits

Job Description

The Company:
 
A vertically integrated real estate investment and management Firm manages a growing residential and commercial portfolio primarily in New York City. The Company has private equity and high net worth investors. 
 
Position: Senior Director, Property Management
 
The Company is seeking an experienced and ambitious Senior Director of Property Management to lead the existing Property Management team and optimize operations. This role is for a seasoned professional with 8+ years of experience who is ready to step into a leadership position by running the day-to-day operations while also growing into a more strategic role within the company. The Senior Director will oversee a portfolio of multifamily properties, primarily in the New York Tri-State area, with the potential to expand operations to other markets such as Texas, Arizona, and California. This role is based in our New York City office.
 
Responsibilities:
  • Oversee Operations: Improve the current management and operations of the Company. Ensure that all properties, from smaller walk ups to larger Class-A are being professionally managed.
  • Process Improvement: Identify opportunities to streamline workflows, normalize operations across the portfolio, and remove Principals from day-to-day involvement in property management tasks, allowing them to focus on higher-level strategic issues.
  • Team Oversight and Building: Directly oversee all Property Managers including hiring, training and dismissing employees based on performance. 
  • Financial Performance: Work alongside Asset Management to take responsibility for the financial performance of all buildings. 
  • Optimize Resident Satisfaction: Create and execute a plan to improve overall resident satisfaction. 
  • Project Management: Take charge of large-scale building projects, such as Local Law 11 compliance for larger buildings (150-300+ units), ensuring all processes are thoroughly reviewed and executed effectively.
  • Institutional Investor Relations: Act as the primary contact for institutional investors, providing regular updates on property performance, operational initiatives, and other relevant matters.
  • Cross Team Functions: Work alongside Asset Management, Accounting and Leasing to accomplish companywide goals and efficiency. 
  • Grow and Scale: Develop and implement strategies to scale the property management operations, expanding beyond the New York Tri-State area into additional markets such as Jersey City, Texas, Arizona, and California.
 
Experience Requirements:
  • Experience: Minimum 8 years of experience in property management, with a focus on multifamily or hospitality-based assets. Experience in a larger company with a significant portfolio is preferred.
  • Leadership Skills: Proven ability to manage and grow a Property Management team, with experience in overseeing operations for large, complex properties.
  • Technical Proficiency: Strong understanding of property management software (specifically Yardi) and the ability to implement and oversee technology solutions that enhance operational efficiency.
  • Project Management: Demonstrated experience in managing large-scale projects, particularly in compliance with local laws and energy efficiency initiatives.
  • Communication Skills: Excellent interpersonal skills, with the ability to communicate effectively with both internal teams and external stakeholders, including institutional investors.

Compensation:
  • Competitive salary and benefits package, commensurate with experience.

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