Regional Manager-New Business (64008)

Posted 2 Days Ago
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55104, Saint Paul, MN, USA
In-Office
95K-105K Annually
Entry level
Real Estate
The Role
Manages administrative, financial, capital, and operational activities across an affordable housing portfolio. Responsibilities include budgeting, asset management, regulatory compliance, collections, maintenance costs, staff performance, marketing plans, reserve requests, insurance claims, and property reviews. The role requires regular travel to assigned properties, oversight of managers and staff, and ensuring owner, resident, and compliance objectives are met.
Summary Generated by Built In

Regional Manager- New Business

MetroPlains Management is looking for individuals to join our team who are passionate about people and are committed to providing superior service to all those who seek affordable housing and supportive programs. We believe that affordable housing and supportive programs improve the economic status of residents, transform neighborhoods and stabilizes lives.

The regional manager of new business for the metro area will be responsible for developing and implementing strategies that will maximize and assist in all aspects of the administrative, financial, capital and operations of the MetroPlains Management portfolio in their assigned region. Affordable housing experience is essential to the position.

Summary of Essential Duties and Responsibilities:

  • Ability to prepare and develop budgets and real estate financial analysis related to projections of income and expenses, reserves. The regional manager will be required to prepare annual budgets in cooperation with the assistant regional manager and area manager. The regional manager is responsible to review and approve budgets before they are submitted for owner approval.
  • Communicate, set property goals and direction with area managers and property managers.
  • The regional manager is responsible for the general asset management to ensure that the owner's objectives are met - aesthetics, regulatory compliance, cash flow, and long-term value retention.
  • The regional manager should be knowledgeable with Section 42, Section 8, and Rural Development regulations. Prior experience with these programs is preferred.
  • Ensure that staff are trained, sites are reviewed, and action is taken if necessary, on failed compliance reports.
  • Ensure that all monthly payments, late charges, and maintenance charges are collected when due. The regional manager should review operating reports to ensure that all charges, subsidy, rents, etc. are being collected in a timely fashion.
  • The regional manager is held responsible for collections to meet budget projections.
  • Regularly review all site costs to maintain the property, meet owner/resident expectations, and remain within budget projections. Ensure that staff are meeting those goals.
  • Travel to properties and meet with staff and review operations at least quarterly or more often as needed for troubled properties.
  • Review that staff are following correct marketing procedures for Fair Housing and MML procedures including educating the employees about the fair housing marketing plan requirements.
  • Develop and implement a marketing plan with assistance of the sales and marketing department for properties that are experiencing high vacancies or properties that are in a lease-up.
  • Prepare and monitor reserve requests as well as approve and coordinate funds on insurance claims.
  • Ability to write performance reviews, performance improvement plans and take disciplinary action when needed.
  • Ability to handle management and administrative duties and to work effectively with residents and staff.
  • Ability to work independently, to organize work, to establish priorities, to follow defined procedures, and to follow through in the completion of tasks to meet established deadlines.
  • Demonstrated ability to deal with stressful situations in a calm, organized and effective manner.
  • Must have transportation and safe driving record as driving to properties is required.
  • Other duties as assigned.

Total Compensation

Your total compensation package includes your base salary, training and development programs, career growth opportunities, community volunteer opportunities, and comprehensive benefits package. Full-time employees are eligible for medical, dental, vision, life & disability, critical illness & accident insurance, PTO, 12 paid holidays, 401(K) with a company match, health savings accounts, employee recognition and much more!

All job offers are contingent upon successful completion of a background verification. MetroPlains is an Equal Opportunity Employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status or any other characteristic protected by law.


Skills Required

  • Affordable housing experience
  • Knowledge of Section 42, Section 8, and Rural Development regulations
  • Experience preparing budgets and real estate financial analyses
  • Ability to manage administrative, financial, capital, and property operations
  • Ability to conduct staff training, performance reviews, performance improvement plans, and disciplinary actions
  • Ability to work independently, organize work, establish priorities, follow procedures, and meet deadlines
  • Ability to handle stressful situations calmly and effectively
  • Reliable transportation
  • Safe driving record
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The Company
HQ: Fargo, ND
Year Founded: 1983

What We Do

MetroPlains Management is a property management company specializing in multi-family properties, offering services such as leasing, management, compliance, accounting, and development, with a focus on affordable housing.

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