An award-winning company that has become a dominant force in serviced apartments is searching for the right leader to serve as its next vice president of multi-family property management. This represents an opportunity to oversee a national portfolio of 12 mostly class-A properties while making decisions that will have a real impact on this organization’s bottom line. It will also give the right person the chance to enter the organization during a time of expansive growth, with the anticipated acquisition or development of six new apartment properties annually. Reporting to the chief investment officer, the newly created VP position will also handle division-level tactical plans, standard operating procedures and other critical contributions to the organization’s leadership.
This new executive will preferably work from the organization’s Los Angeles headquarters, but the company is also willing to consider highly qualified people working remotely from Washington, Colorado, Nevada, Arizona or elsewhere in California. Supervisory duties will involve recruiting, mentoring and talent development for regional property managers to ensure they achieve company objectives within a positive work environment. Along with reviewing these managers’ financial statements, the VP will set benchmarks and property-specific strategies to enhance the performance of the portfolio. He or she will also establish best practices, conduct regular portfolio and market reviews, develop a property management audit program and form staffing plans with human resources. Collaboration with other company leaders will result in new business opportunities, enhanced business practices and growth strategies, as will work alongside executives in asset management, acquisitions, development, marketing and operations.
With division-level responsibility for financial performance, this professional will come to the job with at least ten years of relevant management experience that includes national or regional oversight of property management. Experience with apartment acquisition and new development is preferred, as is experience managing portfolios spread across multiple markets and cities. Past supervision of personnel should include positions managing other managers, as well as demonstrated team building and staff development. A relevant bachelor’s degree is required. The deadlines and complexity of this role also call for drive and organization. The new VP will be highly analytical, with well-established negotiation and communication skills, including the ability to interact comfortably with vendors, tenants and employees at all levels.
Christopher Frederick Search Consultants, a trusted national executive search firm, has been retained to help this large and respected organization find the next member of its leadership. If you feel your ambition and management experience would make a good fit, contact firm principal Chris Hingle at (713) 961-5582, email him at chingle@chrisfred.com or visit www.chrisfred.com.