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President/ Head of Property Management (Multifamily)

Location:

Memphis, TN


Company Description:

Our client is a top 10 private developer, investor, operator of affordable multifamily real estate with a 20K unit portfolio located across 17 states.  Financially strong, supported by a public REIT and nationally recognized high net worth real estate families


Position Description:

 

RESPONSIBILITIES & DUTIES AND POSITION OBJECTIVES:

The President is directly responsible for the profitability, day-to-day management oversight and growth of the client’s portfolio of 20,000+ units in 17 states. This position will be responsible for leading a multi-family fee management property management organization. As the portfolio grows, the President will be prepared to take on additional portfolio assignments as they occur and to continue to provide strong leadership to a growing organization. The President will be expected to grow the contributed EBITDA of the management platform.

  • Includes working with division/department leaders to manage the details of operating and improving the multi-family portfolio. Lead, supervise, and direct all multi-family operations. Clearly communicate and properly follow-up on all company initiatives and issues
  • Contribute to the overall growth strategy and success of the organization. Person must possess the ability to identify and prioritize objectives and, more importantly, have the capability to effectively implement them
  • Ensures that the Company’s short term and long-term goals and budgets are met
  • Works as a part of the leadership team to develop and deliver departmental goals, objectives and systems
  • Presents financial information and status of strategic outcomes of Company activities to

Board of Directors

  • Responsible for client  satisfaction with the  management of  client’s assets. In  order to achieve the highest degree of success for the Company’s clients, the President will work with Operations leadership to sustain a culture of performance, accountability and high business standards
  • Generally, understand  clients’  requirements  and  formulate  plans  to  assist  Operations leadership and the client in achieving their goals
  • Maintain productive and frequent communication with clients
  • Be able to effectively develop and empower direct reports to work independently and effectively with clients.
  • Ability to supervise, negotiate, understand and comply with management agreement terms
  • Can quickly assess situations and make timely business decisions
  • Effectively manage through planning, prioritizing, acting and meeting deadlines
  • Seek out  resources  and  training  that  will  improve  performance and  lead  a  culture  of continuous improvement, learning and accountability
  • Continuously raise the bar at all levels of the organization and always pursue improvements in direct reports and self
  • Act on the Company’s behalf with the highest degree of personal character, ethics and integrity while upholding the Company’s values and will act in a consistent manner to the Company’s best interests. Lead by example by demonstrating and requiring of others professionalism, dedication and hard work

 REQUIRED QUALIFICATIONS:

  • Significant experience in multi-family property management required
  • 5 or more years overseeing a successful multi-state operation required
  • Bachelor’s Degree, master’s degree preferred

SPECIFIC JOB KNOWLEDGE, SKILL, ABILITY

  • Comfortable with understanding of Accounting and multi-family finance
  • Proven track  record  in  the  deployment  and  oversight  of  property  management  and operation practices in an accountable environment
  • Experience managing other people. Someone who will develop people, help them clearly understand their objectives and assist them in the execution
  • Encourage and supports leadership and growth in others. Team oriented, with the ability to build consensus and effective relationships in a cohesive business environment
  • Outstanding oral and written communication skills, both internally and externally
  • Leading  with  integrity  always  inspiring  trust  and  confidence  through  building  strong relationships

To learn more about this position, contact: David Fischer | (770) 727-0299 | dfischer@crownsearch.com

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