Senior Director, Multifamily

Posted 19 Days Ago
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Frisco, TX, USA
In-Office
153K-180K Annually
Senior level
Real Estate
The Role
Senior Director responsible for day-to-day management and financial performance of a multifamily apartment portfolio. Oversees property and regional managers, budgets, marketing, occupancy, capital improvements, personnel, contractors, compliance, reporting, and property visits. Develops strategies to improve asset performance, maintains customer service standards, evaluates teams, communicates with asset management, and monitors market conditions. The role requires extensive travel between properties and strong knowledge of multifamily operations and Fair Housing regulations.
Summary Generated by Built In

Job Title

Senior Director, Multifamily

(https://careers.cushmanwakefield.com/)

Job Description Summary

The Senior Director will assist and direct the Property Managers and Regional Property Managers in successfully attaining the company’s operational and financial goals while reinforcing the company’s customer service culture.

Job Description

ESSENTIAL JOB DUTIES: 

  • Assumes overall responsibility for the day-to-day management of the apartment portfolio in partnership with the Managing Director/SMD and Asset Manager(s). 

  • Participates in the development of the property budget and constantly seeks to develop strategies for enhancing the economic performance of the assets. 

  • Implements the action plan for maximizing property performance as outlined in the Properties' budgets. 

  • Communicates with the Asset Manager and SMD/MD at least bi-weekly to discuss marketing, occupancy, budget conformance, personnel, capital improvements and any other material topics. 

  • Complies with all policies and procedures established by the organization and/or the Asset Manager for the administration of the properties. 

  • Ensure that all portfolio properties maintain a visually appealing office which is open at least during normal business hours and more often, depending on the needs of the tenants (as necessary). 

  • Hires, trains, and retains qualified personnel and contractors to oversee the daily property operations 

  • Completed regular onsite property visits to ensure onsite operations are being executed to company standards. 

  • Evaluates the performance of all personnel and contractors on a regular basis. 

  • Complies with the Federal Wage and Hour Act, the Occupational Safety and Health Act, the Workers' Compensation Act, and all applicable federal, state, and local statutes and regulations. 

  • Submits written reports on the operations of the property to the RVP and/or Asset Manager on a monthly basis in a format established by organization. 

  • Informs SMD/MD and/or Asset Manager of any high-level issues. Any issues involving team members should be escalated to Human Resources in addition to the other key business partners. 

  • Attends and participates in industry association meetings and seminars to keep up to date on trends and changing conditions in the marketplace. 

  • Cooperates in the completion of any other tasks which may be requested by the Asset Manager and/or SMD/MD Marketing and Leasing: Participates, as requested by the SMD/MD or Asset Manager, in the analysis of the market and in the development of the market position strategy. 

  • Maintains a detailed knowledge of the primary market and shops competing properties to better the business. 

COMPETENCIES:  

  • Approves capital improvement projects with the supervision of the Asset Manager and Equity Capital Improvements 

  • Work involves highly confidential and sensitive information; sound judgment and discretion is essential 

  • Position may require real estate license based upon state requirements and performs other duties as required 

  • Extensive knowledge of multi-family industry and Fair Housing regulations 

  • Strong project management, analytical and research skills with a demonstrated ability to manage projects 

  • Must be able to effectively market a property and the surrounding amenities to potential residents 

  • Position requires extensive travel in varied climate/geographic locations 

IMPORTANT EDUCATION  

  • Bachelor’s Degree required 

IMPORTANT EXPERIENCE  

  • 10+ years of related experience 

  • 5+ years of Management experience 

WORK ENVIRONMENT 

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Regularly required to travel outside between properties in varying weather conditions. 

PHYSICAL DEMANDS 

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee may need to stand and walk for extended or continuous periods of time. They must be able to ascend and descend staircases, ladders, and/or step stools and may be required to travel outside between buildings in varying outdoor weather conditions. The employee may also be regularly required to remain in a stationary position (sit or stand) for 85% of the time; regularly operate office machinery. The employee must be able to travel up to 25% of the time. Travel may vary in frequency and duration. The employee must demonstrate the ability to exert up to 25 pounds occasionally, and/or up to 25 pounds frequently, and/or up to 25 pounds of force constantly to lift, carry, push, pull, or move objects. 

OTHER DUTIES 

This job description is not designed to cover or contain a comprehensive list of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice. 




Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.


The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate’s experience and qualifications.


The company will not pay less than minimum wage for this role.


The compensation for the position is: $ 153,000.00 - $180,000.00

Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated.

In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or email [email protected]. Please refer to the job title and job location when you contact us.

INCO: “Cushman & Wakefield”

Skills Required

  • Bachelor's degree
  • 10+ years of related experience
  • 5+ years of management experience
  • Extensive knowledge of the multifamily industry and Fair Housing regulations
  • Strong project management, analytical, and research skills
  • Ability to effectively market properties and surrounding amenities to potential residents
  • Real estate license, if required by state regulations
  • Ability to travel up to 25% of the time
  • Ability to stand and walk for extended periods, climb stairs or ladders, and lift or move up to 25 pounds

Cushman & Wakefield Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Cushman & Wakefield and has not been reviewed or approved by Cushman & Wakefield.

  • Retirement Support A 401(k) with company match is consistently referenced as part of the package. Feedback suggests this provides a solid baseline for long‑term savings across many U.S. roles.
  • Leave & Time Off Breadth Paid time off and company holidays are regularly highlighted and described as a meaningful part of the offering. Feedback suggests time‑off benefits add tangible value alongside base pay.
  • Parental & Family Support Paid parental leave for primary and secondary caregivers, plus backup care and wellbeing resources, are described as available. These offerings indicate a supportive approach to family needs in many roles.

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The Company
HQ: Chicago, IL
53,000 Employees
Year Founded: 1917

What We Do

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services.

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