Regional Property Manager - Maryland/Virginia at Carter Funds LLC

Richmond, Virginia, United States -

Full Time

Start Date

Immediate

Expiry Date

23 May, 26

Salary

0.0

Posted On

22 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

NOI Growth, Operational Excellence, Financial Performance Management, Budgeting, Forecasting, Financial Statement Review, Rent Optimization, Capital Project Approval, Recruiting, Team Development, Performance Management, Fair Housing Compliance, Leasing Performance Monitoring, Resident Service Delivery, KPI Analysis, Market Analysis

Industry

Real Estate

Description

HOW YOU’LL MAKE A DIFFERENCE This Regional Property Manager is responsible for the operational, financial, and physical performance of a portfolio of multifamily communities within Maryland and Virginia. This role drives NOI growth, ensures operational excellence, and leads Community Managers to achieve budgeted financial results while delivering high-quality resident experiences and protecting asset value. WHY YOU’LL LOVE WORKING HERE At Allegiant-Carter Management, our people are at the heart of everything we do. As an owner-managed company, we take pride in cultivating a culture where every team member’s contribution truly matters. You won’t just be part of a team — you’ll be part of a family that values integrity, collaboration, and excellence in every interaction. We believe in investing in our employees’ growth and success. From ongoing training and professional development opportunities to clear pathways for advancement, we’re committed to helping you reach your full potential. You’ll have the tools, support, and encouragement to thrive! At Allegiant-Carter Management, you’ll find more than a job — you’ll find a career built on respect, learning, and shared success. CORE RESPONSIBILITIES: Asset Performance * Achieve portfolio income, expense, occupancy, and NOI targets. * Oversee annual budgeting, forecasting, and business planning. * Review monthly financial statements, variance reports, and delinquency; implement corrective actions. * Partner with Revenue Management to optimize rents, leasing velocity, and renewals. * Approve capital projects and monitor return on investment and execution. Operational Leadership * Recruit, hire, develop, and supervise Community Managers and site teams. * Provide leadership, coaching, and performance management to ensure operational excellence. * Conduct regular property visits to evaluate physical condition, curb appeal, and operational standards. * Ensure compliance with company policies, fair housing laws, and operational procedures. * Monitor leasing performance, occupancy trends, and marketing effectiveness. * Ensure consistent delivery of high-quality resident service and experience. Reporting and Portfolio Oversight * Review weekly and monthly operational KPIs including occupancy, leasing, delinquency, and expenses. * Analyze market conditions and competitive positioning. * Provide regular portfolio performance updates to senior leadership. Strategic and Capital Oversight * Identify value-add opportunities to enhance asset performance. * Oversee execution of capital improvements and major contracts. * Ensure vendor performance, contract compliance, and expense controls. QUALIFICATIONS Education * High school diploma or GED required Required Experience/Skills * 5+ years of multifamily management experience, including multi-site oversight * 3+ years of Regional Property Manager experience required * Experience working in the Maryland market strongly preferred * Strong financial acumen and experience managing property financials and budgets * Proven leadership and team development experience * Knowledge of multifamily operations, leasing, and asset management principles * Experience with property management software (Yardi or similar preferred) * Driver’s License and reliable means of transportation required Certifications-N/A PHYSICAL ACTIVITY AND ENVIRONMENTAL DEMANDS * Regularly performs physical activities including standing, walking, sitting, and using hands for grasping and coordination. * Occasionally lifts, carries, pushes or pulls items up to 50 lbs.; climbs, balances, stoops, crouches, and works at heights up to 40 feet. * May be exposed to varying environmental conditions including humidity, moving equipment, and, on rare occasions, extreme temperatures or airborne particles. WE’VE GOT YOU COVERED * Competitive compensation * Excellent benefits package including medical, dental, vision and other ancillary products * Retirement savings 401(k) plan * Generous holiday and vacation package * Professional development assistance

Responsibilities

This Regional Property Manager oversees the operational, financial, and physical performance of a portfolio of multifamily communities in Maryland and Virginia, focusing on driving Net Operating Income (NOI) growth and achieving budgeted financial results. Key duties include leading site teams, ensuring operational excellence, conducting property evaluations, and managing capital projects.