Senior Regional Manager bei Interstate Equities Corporation
Interstate Equities Corporation · Los Altos, Vereinigte Staaten Von Amerika · Onsite
- Senior
- Optionales Büro in Los Altos
Senior Regional Manager
Firm Summary
Interstate Equities Corporation (IEC) is a vertically integrated real estate investment firm specializing in value-add multifamily properties in the Bay Area, Southern California (including Ventura County, Los Angeles, and San Diego) and Seattle markets. We focus on creating value through strategic repositioning and property management. IEC Property Services Corporation, our in-house property management company, strives to deliver exceptional customer service while executing property business plans. Founded in 1981, IEC has a proven track record of over 43 years and continues to grow by acquiring new communities and offering development opportunities to our team members.
Position Summary
The Senior Regional Manager will serve as a key leader within IEC’s Property Services division, responsible for maximizing performance across your assigned region. You’ll guide property managers and on-site teams, oversee budgets and financial performance, and ensure seamless compliance with housing laws and corporate policies. This is a high-impact leadership opportunity for an experienced property management professional ready to shape strategy, lead talented teams, and drive operational excellence. This role is both strategic and hands-on, requiring sharp business acumen, leadership excellence, and an unwavering focus on delivering exceptional resident experiences.
Key Responsibilities
As Senior Regional Manager, your day-to-day impact will include:
- Portfolio Leadership: Oversee a diverse portfolio of multifamily communities, ensuring each property operates efficiently, meets occupancy and financial goals, and reflects IEC’s standards of excellence.
- Financial Stewardship: Prepare and manage property-level budgets, forecast income and expenses, conduct monthly financial reviews, and implement strategies to maximize NOI and investor returns.
- Business Planning: Create and execute tailored business plans for each asset, including leasing strategies, marketing campaigns, pricing models, and capital improvement projects.
- Operational Oversight: Conduct regular site tours and inspections to evaluate property conditions, maintenance programs, and compliance with safety standards and housing laws.
- Team Development: Lead, coach, and inspire community managers and on-site associates, ensuring alignment with organizational goals while fostering a culture of accountability and growth.
- Market Analysis: Monitor local market trends, rent growth, and competitor activity to adapt strategies, maintain competitiveness, and seize opportunities for value creation.
- Crisis & Resident Relations Management: Serve as the escalation point for significant resident concerns or emergencies (e.g., fire, flood), coordinating timely resolution with staff, vendors, and third parties. As well as ensuring all documentation.
- Acquisitions & Dispositions: Partner with Asset Management during due diligence and transitions, ensuring seamless onboarding of new communities and effective disposition processes. Support Asset Management with JV relationships, coordinating information and deliverables from onsite and accounting associates.
- Contract & Vendor Management: Oversee vendor relationships, negotiate service contracts, and ensure cost-effectiveness while maintaining high-quality service delivery.
- Reporting & Compliance: Ensure accurate, timely reporting through Yardi and corporate systems, and uphold compliance with IEC policies and all regulatory requirements.
Qualifications
- Education & Experience: Bachelor’s degree (or equivalent experience) plus 10+ years in property management, including 5+ years in senior-level leadership of multifamily portfolios (800+ units).
- Skills: Strong financial management, strategic planning, and people leadership skills. Expertise with Yardi and proficiency in Outlook, Teams, and HRIS/ADP systems.
- Knowledge: In-depth understanding of California tenant laws, multifamily housing operations, and market analysis.
- Attributes: Ethical, collaborative, hardworking, and able to inspire and develop teams.
Other Benefits
- Quarterly and Annual Bonus Program
- Company paid healthcare premiums at 100%, for the employee, with options to buy up
- 401(k) Plan, with 4% company match
- Flexible Spending/Health Savings Accounts
- Company paid Life Insurance and Long-Term Disability Insurance, for the employee, with options to buy up
- Paid Time Off
- Company Paid Holidays
- Employee Assistance Plan
- Employee Discounts
- Commuter Benefit