Regional Manager- Property Management

Who we are:
MRK Partners is a privately held real estate investment and asset management company specializing in the acquisition, preservation, and repositioning of affordable housing. MRK Partners is committed to a world of equity and a shared humanity where all may thrive and reach their highest potential. Our mission is to develop exceptional and affordable housing across the nation.  A secure home and supportive community are integral to achieving empowerment. In collaboration with our residents and partners, we identify and create opportunities for upward mobility, nurture resiliency, and support each individual’s journey toward fulfillment and wellbeing.


Job Summary
MRK is seeking an experienced Regional Manager to be based in the Hillside Properties in Gaithersburg, MD. This Regional Manager is responsible for providing strategic leadership and overseeing all administrative, compliance, management, and fiscal operations within his or her assigned portfolio of properties. This includes optimizing portfolio performance vs. budget and facilitating the achievement of owner, company and property objectives.

Essential Job Functions

• Models and instills company mission and values throughout the portfolio
• Champions continuous improvement and regularly implement strategies to enhance resident satisfaction, work processes and portfolio performance
• Contributes to development and implementation of companywide policies, procedures and initiatives
• Operationalizes best practices throughout the portfolio
• Partners with Property Managers to fill vacant positions with qualified permanent employees as soon as possible, ideally within 45 days or less
• Participates in candidate interviews and partner with Property Managers to make well‐informed hiring determinations
• Validates that new employees are oriented, onboarded and well‐trained
• Counsels underperforming employees and provide direct commentary to their improve performance
• Ensures portfolio compliance with local, state and federal employment laws and regulations—seeks counsel from human resources as necessary
• Identifies top performers and advocates their ongoing development
• Ensures the portfolio meets all contractual and operational obligations—safety, security, maintenance, marketing, landscaping/curb appeal, etc.
• Develops and administers operating and capital expense budgets which reflect the owner’s performance goals
• Forecasts and oversees major capital expense projects, including HVAC systems, roofing, and parking lot surfacing, etc.
• Performs operational reviews throughout the portfolio and recommends corrective action to address deficiencies
• Analyzes and distributes monthly financial statements, submit variance reports and remediate discrepancies
• Verifies that property files and documentation are complete, accurate, legible and compliant
• Oversees completion of annual re‐certifications for all funding sources accurately and on time to ensure compliance with applicable programs (e.g. Low‐Income Housing Tax Credit (LIHTC), Home, Public Housing, etc.)
• Adheres to Fair Housing Laws in all resident and prospect interactions

• Bachelor’s degree (or equivalent combination of education and experience)
• Minimum of seven years within the property management industry required
• Five years of multi‐unit supervisory experience, which includes annual budget processing, accounting,
• compliance, and interviewing/selection/performance management of employees required
• Experience with Public Housing, Project‐based Voucher, Tax Credit and Section 8 highly preferred
• Experience successfully overseeing a lease up
• Proficiency in budgeting and fiscal oversight
• Technically proficient in Microsoft Office
• Ability to work in a fast‐paced, action‐oriented environment
• Ability to establish relationships across the organization and at various hierarchical levels
• Ability to travel up to 85% of the time. 

The compensation range for this position is $100,000-$130,000, depending on relevant fitness and experience.

We believe diversity is essential to our organization’s growth and success. MRK Partners strives to create an inclusive, accepting culture and seeks individuals of all backgrounds to join our innovative organization. We are a proud equal opportunity employer.