Senior Vice President - Bridge Property Management Job at Bridge PM
Make An impact
The Senior Vice President, Property Management will lead our team of Vice Presidents and Regional Managers to drive value through effective leadership, financial insight, and innovative business strategies across the multifamily portfolio. This position works closely with executive leadership throughout the organization, to ensure the strategic goals and values are achieved.
- Manages the rigorous annual budget preparation process
- Monitors expense controls and implements initiatives to achieve or exceed budget
- Conducts monthly financial reviews with Regional Property Managers, VPs and on-site Property Managers.
- Establishes and implements a rigorous monthly forecasting process for each asset.
- Oversees, Reviews, and approves capital improvement projects within budget parameters.
- Oversees marketing initiatives and advertising/leasing plans.
- Oversees the appropriate utilization of Reserve for Replacement and/or Residual Receipts for funding capital improvements and/or operating deficits.
- Identifies and implements consistent ancillary income sources to increase property revenues.
- Benchmarks property performance against regional and national averages.
- Creates and implements action plans for under-performing assets.
- Acts as primary liaison with regulatory agencies – IHFA, IHDA and HUD.
- Communicates with outside owners, investors and/or delegates as appropriate.
- Ensures that owner reporting packages are consistent and delivered to clients in a timely fashion.
- Serves as a team member in the various processes of acquisitions and new construction, aiding in the marketability and management of assets.
- Coordinates team members, including outside contractors, to complete the due diligence process on third party management opportunities and potential acquisitions.
- Provides budget for new acquisitions and new construction projects
- Recruits, selects, trains, supervises and counsels management staff.
- Oversees policies for property operations.
- Establishes goals and incentive compensation programs for all management staff and ensures that they are implemented consistently.
What you should bring
- Minimum 10 years’ experience managing large portfolios of multi-family assets in multiple markets
- Background in managing diverse types of multi-family communities
- Focus on marketing, rehab, and re-positioning assets.
- Track record of successful personnel management – including hiring, training and staff development.
- Exceptional leadership, management, interpersonal and communication skill
What you can be part of
BPM has assembled a team of successful, highly qualified, and motivated professionals with extensive experience in the markets they oversee. This team has broad investment property and asset management experience in multi-family communities and we fully embrace our motto of Expect the Exceptional.
What we offer
- Generous base salary and bonus program
- Full benefits suite including 401K, above-average PTO, Parental Leave, and Medical, Dental, Vision
- Access to benefits concierge service
- Access to Mental Health & well-being service
- Be part of a culture that is truly open door, with access to mentorship, leadership training, career advancement, and innovation
- Opportunities to join employee resources groups and participate in events hosted by the Bridge Women’s Network, Black Inclusion Group, BIG Pride, Allies for AAPI, Unidos Latino and Hispanic Group, Bridge of Honor Veterans, and Advocates for Accessibility
- Opportunity to be involved in community outreach and charity events
Get to know Bridge
Bridge is a leading, vertically integrated real estate investment manager, diversified across specialized asset classes. Bridge combines its nationwide operating platform with dedicated teams of investment professionals focused on select U.S. real estate verticals: residential rental, office, development, logistics properties, net lease and real estate-backed credit. Bridge is well-regarded for its high integrity and collaborative leadership culture that rewards both individual thinking and team decision-making. Our leaders are seasoned professionals who bring their vast experience and high standards of excellence to their work. Our leaders value career development and take seriously the role they play in developing next-generation leaders. Bridge professionals embody accountability and seek to deliver high-quality results through creativity and innovation.
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