Regional Director, Multifamily Property Management

Balto Asset Management Dallas, Texas


Position at Balto Asset Management

While we welcome candidates with a background in property management, it is not necessary.  This role is perfect for experienced leaders seeking an opportunity to make a significant impact managing large teams of adults as well as large assets.  In this role, you will be an integral part of our Senior Leadership team at Balto Asset Management.  Balto seeks to become the number one property management company in the world. We believe that managing a property can be characterized by happy residents, zero outstanding maintenance issues, flawless properties, passionate team members, smooth and effective operations, and highly satisfied owners. We know the primary way to accomplish this is by holding ourselves and our work to the highest of expectations while building relationships, hiring the best team members and focusing on results. Our goal is not just to do "better than" what residents, employees and building owners might receive when using the typical property management company but to provide a level of service that is "best in class." 

Why you should apply:

Wedgewood offers our team members a competitive compensation, 401K, and traditional benefits like medical, dental, and vision. We also have many additional perks:

  • INVEST WITH US -With Wedgewood's In-house Investment Programs, you get to participate in the growth and profitability of the company through our in-house investment programs.
  • STUDENT LOAN PAYDOWN -Wedgewood recognizes the importance of quality education so we have partnered up with Gradifi to assist you with your student loans.
  • MAKE A DIFFERENCE -This is a great place to contribute to the community! Through our volunteer service, sustainable initiatives, charitable giving, and work with local universities, Wedgewood provides opportunities throughout the year for its employees to give back to the community for the greater good.
  • WORK HARD - PLAY HARD -You can expect to get invited to various company sponsored events throughout the course of the year. Past events have included sporting events, happy hour, parking lot BBQs, bowling and bocce ball tournaments, office theme parties, and more.

About the role:

Are you an experienced leader? Do you thrive in fast-paced environments? Do you possess the ability to oversee multiple efforts at once? If so, this could be the perfect opportunity for you. As a Regional Director you will be a key member of the senior leadership team leading the strategic vision and successful growth of the Property Management operation. The Regional Director will be charged with overseeing all people, operational and financial aspects of an assigned portfolio, while ensuring our Tenants are receiving a best-in-class experience.

 What you'll do:

  • Overall accountability for the operational and financial performance of the assigned multifamily portfolio.  Responsible for creating monthly and quarterly variance reports to present to Asset Management teams.
  • Assists in the preparation of the annual operating budget for portfolio; monitors budgets and ensures financial and operational efficiency of the assigned properties
  • Conducts regular visits to properties within portfolio to monitor physical condition
  • Provides guidance in tenant/landlord laws and ordinances both locally and federally (i.e. eviction, security deposits, etc.). 
  • Monitors and maximizes rental collection activity across the assigned portfolio
  • Oversight of training, coaching, and building successful teams
  • Evaluates the market to identify competitive strategies for capital improvements, rent comps, etc.
  • Works with Property Managers, Senior Leadership and People Team to address staffing needs and employee relations; participates in hiring process for operations staff as appropriate
  • Creates incentives for Property Managers and other team members to drive specific initiatives (i.e. leasing, reducing make-ready turn time, etc.)
  • Source property-level service contracts that are in-line with budgeted expectations
  • Assists with due diligence, acquisitions, and disposition property management transitions
  • Create initiatives to maximize resident retention
  • Implements property-specific marketing plans
  • Leads properties and teams to outperform industry standards and to set a bar of “best in class”

What you'll need:

  • 5+ years’ experience of Leadership or People Management
  • College Degree
  • Desire and ability to effectively work in diverse communities and to build relationships across lines of differences
  • Working knowledge of property regulations or a willingness to learn
  • Proficiency in Microsoft Office and property management software, Yardi preferred, or a willingness to learn
  • Understanding of marketing and accounting principles
  • Possess strong leadership skills and enjoy training, mentoring and empowering people
  • Strong organizational and time management skills
  • Excellent negotiation skills
  • Good customer service skills
  • Valid driver's license in good standing

Wedgewood is an Equal Opportunity Employer and welcomes applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation or age.

, Let's start your future with Wedgewood!