Regional Property Manager

Job Summary

The REGIONAL PROPERTY MANAGER embraces SoLa’s mission and is passionate about promoting SoLa’s short and long-term goals. The Regional Property Manager is responsible for the oversight of the day-to-day operations of their assigned Region of properties, as well as guiding and developing their Property Managers. The Regional Property Manager is also heavily involved in all aspects of the financial, operational and administrative management of their Region.

Through exceptional management, they drive SoLa’s mission to provide high-quality communities to our residents, as well as strong financial returns to our investors.

SoLa Impact is an award-winning social impact, development, and investment company focused exclusively on creating high-quality affordable housing in low-income, Black and brown communities. Over the last several years, we have raised almost $500 million in equity — allowing us to deploy well over $1.5 billion – toward addressing the housing crisis in Los Angeles and throughout Southern California. Founded with the belief that smart investment can drive socioeconomic change, SoLa Impact focuses on creating sustainable, dignified living environments that empower residents and uplift neighborhoods.

Only five years after starting its first ground-up project, SoLa Impact was recognized as the 16th largest developer in the nation, and the largest developer based in California by the National Multifamily Housing Council.

As part of SoLa Impact's broader mission to create social and economic opportunities, our innovative co-working and entrepreneurship hub The Beehive serves as a catalyst for change, empowering local entrepreneurs to build sustainable businesses and contribute to the revitalization of their neighborhoods. At SoLa Impact, we believe socioeconomic advancement is a right, not a privilege, and we are committed to making this vision a reality.

Join us and be part of a high-achieving team that not only focuses on building affordable housing, but creating opportunities and hope for a better future.

• Regularly required to visit properties, home-office, and other related sites.
• Oversee and support operations for 389 units across 42 properties located in the 90001, 90002, and 90003 ZIP codes.
• Prepares and recommends the annual operating budget and adheres to it throughout the fiscal year.
• Responsible for familiarizing themselves and their team of their respective property’s top competitor groups in the area via comps, market research firms, shopping, etc.
• Responsible for monthly reporting and financial performance of their properties, including but not limited to Variance Reporting and analysis, accruals, expense reclass, monthly posting, and other functions.
• Serves as the main contact person between their properties and SoLa’s Corporate offices, efficiently disseminates top-down directives and deploys actionable items timely.
• Maintains and annually reviews the existing preventive maintenance schedule for all equipment and building systems at each respective property, develops ongoing Capital Improvement Sheets for newly acquired or developed assets.
• Ensures that their Property Managers are properly overseeing activities of their respective properties such as unit turns, rental collections, maintenance, move-ins/-outs, leasing activity and velocity (or via Leasing and Collections Teams).
• Annually review all service contracts to make sure SLAs are met and to remain competitive with market pricing and deliverables from vendor partners.
• Supervise all relevant on-site staff, including administrative support employee(s) and engineers, provide continuous feedback and constructive support.
• Supervise other staff members as assigned.
• Conduct routine, monthly Regional Property Manager Inspections to inspect physical and virtual assets to ensure SoLa standards are being met, SoLa residents are consistently engaged, and RPM Inspection results are accessible and actionable.
• Work with direct reports as well as upper management to improve and update SOP guidance and training.
• Five years of progressive experience overseeing affordable and market-rate communities…