Regional Portfolio Manager

Company ProfileJones Street Investment Partners, LLC ("JSIP") is a real estate investment sponsor focused on multifamily assets in the Northeast and Mid-Atlantic. Since its founding in October 2014, JSIP has acquired properties in eight states, totaling over 6,000 units and over $1.7B of AUM. Jones Street Residential, Inc. ("JSR") is an affiliate of JSIP and was formed in 2017 to provide efficient and integrated community management for the JSIP portfolio.Job DescriptionThe Regional Portfolio Manager is responsible for overseeing and managing the operations of a portfolio of properties throughout the Northeast.Essential FunctionsResponsible for ensuring a high level of performance across assigned portfolio while achieving at or above market KPI's.Ensure occupancy targets are achieved through leasing and resident retention throughout portfolio.Maintain detailed knowledge of competitive properties and market knowledge of all assets in portfolio.Prepare annual budgets, including capital expenditure budgets.Contribute to creation of and ensure execution of marketing plans for communities within assigned portfolioOversee execution of proactive and timely reputation management strategies via social media ratings, reviews, responsesAchieve best possible financial success from the portfolio within the guidelines set by the Executive Director of Operations and ownership.Seek to maximize income and minimize expenses; ensure Community Managers are actively. operating communities at or above budgeted income and at or below budgeted expensesMaintain aggressive staffing levels while achieving the financial goals for each community.Deliver accurate and timely financial reporting for assigned portfolio.Achieve 95% occupancy and maintain a low level of delinquency for each asset within assigned portfolio.Perform a thorough community inspection for each asset within assigned portfolio once per quarter.Ensure operational execution yields consistently strong resident satisfaction survey results.Actively participate in the hiring process.Leverage a succession plan to anticipate needs and develop talent.Manage performance issues in a timely and effective manner.Serve as a companyportfolio representative within industry affiliated local groupsassociations.QualificationsBachelor's degree in Business, and industry specific certifications.A minimum of 7-10 years' multi-family property management experience requiredExceptional leadership skills with an ability to inspire, motivate and recruitExcellent communication skills with an ability to establish and maintain key relationships requiredStrong computer skills, especially in the Microsoft Office Suite and YARDI Voyager softwareWorking knowledge of applicable Landlord Tenant Laws, Fair Housing Regulations, and other laws as they relate to property specific guidelines and occupancy standardsVery organized and detailed with the ability to see the big pictureAbility to exchange ideas, information and opinions with others to formulate policies and programs andor arrive jointly at decisions, conclusions or solutionsAbility to meet deadlines and set priorities for workloadMust be able to identify and resolve problems in a timely manner and gather and analyze information skillfullyAbility to work effectively with external vendors and customers; consistently exhibits a professional demeanor in dealing with others and works to maintain constructive working relationshipsBenefitsMedical, Dental & Vision Retirement Plan (401k, IRA)Life Insurance (Basic, Voluntary & AD&D)Paid Time Off (Vacation, Sick & Public Holidays)Parental LeaveShort Term & Long-Term DisabilityJones Street Residential Inc. is an equal opportunity employer. Jones Street evaluates qualified applicants without regard to race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, protected veteran status, disabilityhandicap status or any other legally protected characteristic.

Created: 2025-03-07