Regional Director, Property Operations (Florida)Job Description
Posted Wednesday, January 15, 2025 at 6:00 AM
Our Company:
Quarterra Group, Inc., a wholly-owned subsidiary of Lennar Corporation (NYSE:LEN and LEN.B), is a multi-strategy, real estate focused, alternative asset management company comprised of two rapidly growing verticals: Multifamily and Single-Family Rental. Launched in 2011, Quarterra Multifamily, previously known as LMC, is among the nation's most active developers, builders, and managers and has been on the National Multi-Housing Council's (NMHC) annual Top 50 list for eight consecutive years. Quarterra Single-Family Rental launched in 2020 to provide individuals, couples, and families who prefer to rent over home ownership the opportunity to live in exceptional neighborhoods with great amenities. For additional information, please visit Quarterra.com.
Summary of Position:
The Regional Director, Property Operations will be responsible for developing and implementing comprehensive programs, initiatives, and strategies that promote the achievement of optimum operations, financial, and business performance for the communities under their control. The Regional Director will also provide input and guidance for the procurement of new business.
Principal Duties and Responsibilities:
- Oversee operational and financial management of assets in an assigned geographic region.
- Develop an integral team that effectively sells the quality and professionalism of the company by providing clear and concise instructions.
- Oversee the daily operations of the entire on-site team, ensuring strict adherence to Quarterra's policies and procedures.
- Cultivate an effective on-site staff by conducting comprehensive interviews, making hiring decisions, and when necessary, managing terminations.
- Prepare and monitor annual budgets and analyze variances monthly.
- Respond promptly to owners, associates, and other internal/external customer needs and concerns.
- Negotiate contracts to maximize the benefits for the organization.
- Review reports and offer operating recommendations for community capital improvements or repairs, bid acquisitions, contract developments and negotiations, etc.
- Review all renewals and prepare budget increase recommendations by analyzing and monitoring the community market conditions in order to anticipate market changes or trends that could affect the profitability of the community.
- Physically inspect communities on a quarterly basis and document associate performance, physical condition, and monitor the quality of vendor work.
- Assist the Development team with due diligence on new community proposals, acquisitions, construction, and sales.
- Understand and comply with State Landlord-Tenant Law and Fair Housing laws and standards.
- Stay active in the local business community and develop a rapport with the residential community.
General Overview of Compensation & Benefits:
- We reasonably expect the base compensation offered for this position to range from $130,000 - $145,000 annualized, subject to adjustment based on business-related factors such as employee qualifications, geographic pay differentials (e.g., cost of labor/living, etc.), and operational considerations.
- This position may be eligible for performance-based bonuses as determined in the Company's sole discretion.
- This position will be eligible for company benefits in accordance with Company policy. We offer a competitive total rewards package including medical, dental and vision coverage along with a broad range of supplemental benefits including 401k Retirement Plan, prepaid legal assistance, and more. We also offer paid time off for vacation, sickness, holiday, and bereavement. We are pleased to be able to provide 100% company paid life insurance and long-term disability insurance. This information is intended to be a general overview and may be modified by the Company due to business-related factors.
Education and Experience Requirements:
- Bachelor's degree in Business Administration or related field required.
- 10+ years of multifamily leasing/sales property management experience.
- Prior experience leading and developing teams in a supervisor or manager role.
- Excellent verbal, written, and interpersonal communication.
- Strong analytic and mathematical skills necessary to complete, understand, and interpret financial records.
- Proficient in managing multiple priorities simultaneously, meeting deadlines, and working with minimal direction or supervision.
Additional Requirements:
- Valid driver's license with a clean driving record.
Physical Requirements:
This is primarily a sedentary office position which requires the Regional Director, Property Operations to have the ability to operate computer equipment, speak, hear, bend, stoop, reach, lift, and move and carry up to 25 lbs. Finger dexterity is necessary.
This description outlines the basic responsibilities and requirements for the position noted. This is not a comprehensive listing of all job duties of the associate. Duties, responsibilities, and activities may change at any time with or without notice.
Quarterra Group is an Equal Opportunity Employer that prides itself on diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, pregnancy or related condition, protected status, or any other status prohibited by applicable national, federal, state or local law. Quarterra Group believes diversity and inclusion among our Associates is critical to our success and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.
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