Profile ID#9934

Director of Development
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MBA – Top 10 Nationally Ranked Business School
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Concentrations in Finance and Real Estate
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Bachelor of Science in Economics – Top 10 Nationally Ranked University
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Concentrations in Finance and Management
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Current Role: $5B+ REIT
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Selected for internal promotion due to recognition of high performance
- Skilled Development Manager with expertise in large-scale, urban masterplans
- Led the vertical development of 3 Affordable Housing projects within a 20+ acre masterplan
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Responsible for financial analysis, pro-forma modeling, due diligence, construction management, leasing management, etc.
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Management consulting experience for 2 years prior to business school
Reference Quotes & Endorsements
“They are focused, hard-working and driven and is recognized as one of the rising stars in the organization. They were often sought out to work on new opportunities because of their superior analytical skills. They have the ability to successfully manage diverse teams both within and outside the company on account of their engaging personality and strong communication skills."

Affordable Housing Owner-Operator & Development
Regional Vice President of Property Management
OUR CLIENT
One of the largest owner-operators of Affordable Housing in the United States has retained KM Partners in the search for a VP of Property Operations/RVP of Property Management. This is a family-owned and operated company that has been in business for more than 30 years, whose principals have been trailblazers in the LIHTC program since its inception with experience closing more than $1B in financings for more than 15,000 apartment homes. From the beginning, the founders’ passion for helping others has driven their business ethos and operations, including providing high-quality Affordable Housing, robust resident services, and consistently volunteering at the property level, to recently transitioning from counting the number of units to focusing on the quality of their impact. With a long-established history and dedication to creating a supportive environment for all employees, the CEO has inspired a loyal and passionate team focused on providing high-quality housing, resources, and assistance to the residents they serve.
Regional leadership opportunity with high visibility to company leadership and oversight of finance, strategy, and operations for the largest portfolio in the company. Utilize your passion for hands-on mentorship of regional management and onsite staff while enhancing operational efficiency and collaborating with company leadership.
ESSENTIAL RESPONSIBILITIES
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Direct responsibility for the financial performance of the regional portfolio
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Direct responsibility for the preparation of annual property budgets, regionals’ monthly review of budgets variance, and achievement net operation income and cash flow
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Identification, budgeting, and successful operating expense reduction initiatives through the implementation of rigorous procurement initiatives
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Manage and drive financial results, including budgets, reporting, reviewing with staff, developing and presenting strategies to improve financial and operational results
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Lead, motivate, mentor, and develop a team of Regional Property Managers.
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Provide oversight, direction, and feedback regarding employee performance expectations and results
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Conduct regular performance reviews
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Collaborate with the Vice President of Property Management to develop employee incentive programs, oversee and calibrate staff wages within the confines of budgets, and approve any changes
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Work cohesively with internal teams including HR, IT, Marketing, Compliance, Accounting, Acquisitions, and Development, Asset Management, etc.
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Manage legal, Fair Housing, and insurance issues as directed within the portfolio
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Ensure all training programs are being executed and that all communities are being operated within company standards
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Actively manage employee recruitment and hiring processes as necessary, including approving all-new community hires
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Ensure Resident Service programs are operated in accordance with existing state and local agreements and in accordance with company standards
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Ensure all Regional portfolio documentation is up-to-date, accurate, and effectively managed
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Ensure all required marketing and leasing procedures and initiatives are followed
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Act as Senior Liaison to State Agencies, PHA's, nonprofit partners, and Syndicators for Regional Operations and reporting as directed
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Coordinate with other internal teams during operational setup of new communities; initiate cross-functional kickoff meetings as necessary
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Serve as liaison with Acquisition and Development team on new projects
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Work closely with Compliance to ensure ongoing standards are met
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Create and monitor internal community inspection program with QA follow-up program
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Ensure all communities realize at least satisfactory scores from State or local inspection agencies
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Represent the company in all interactions with external regional stakeholders
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Review design and functionality of new acquisition and development projects; communicate and coordinate with supervisor
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Monitor all aspects of new pre-lease communities
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Ensure all management fees, compliance fees, etc. are at the appropriate levels and being collected
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Ensure the accurate and timely completion of all reporting
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Work to ensure all approved company practices, procedures, policies, and programs are being effectively executed throughout the portfolio
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Propose, develop and implement new procedures, practices, and initiatives within the portfolio
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Travel frequently throughout the state of Texas to meet with Regional staff and on-site Teams
REQUIREMENTS
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Bachelor's degree from a four-year college or university, or the equivalent combination of training and experience
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Experience in Affordable Housing Property Management
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LIHTC and HAP knowledge and experience