Director of Property Management

Overview

Feldman Ruel Property Management is looking for a Director of Property Management who will play a key leadership role, overseeing the performance and operations of our entire property management portfolio. The Director will manage a team of property managers, set departmental goals, and ensure efficient day-to-day operations across all properties. The ideal candidate will have extensive experience in property management, a strong track record of leadership, financial acumen, and a focus on delivering outstanding service to tenants and clients alike. This is a senior-level position requiring both strategic thinking and hands-on management to ensure that the properties under our care maintain the highest level of operational efficiency and profitability.

Key Responsibilities:

· Set performance objectives and key performance indicators (KPIs) to ensure the team meets both company and property-specific goals.

· Develop and implement strategies to maximize property performance, occupancy rates, and revenue growth

· Work closely with senior leadership to drive property value enhancement initiatives, budget management, and capital improvement planning.

· Review and approve property budgets, capital expenditures, and rent collections. Ensure that properties operate within budget and identify opportunities for cost savings and revenue growth.

· Lead efforts to maintain strong relationships with tenants, ensuring high retention rates and positive communication

· Oversee the management of property maintenance, repairs, and capital projects, ensuring minimal downtime and optimal functionality of building systems

· Regularly review and improve standard operating procedures for efficiency.

Qualifications:

· Bachelor’s degree in Real Estate, Business, or a related field (preferred).

· 7+ years of experience in commercial property management, with at least 3 years in a leadership role

· Proven track record in managing a diverse portfolio of commercial properties (multi-family, office, retail, industrial).

· In-depth knowledge of property operations, lease administration, financial management, and building systems.

· Strong leadership, team-building, and mentoring skills.

· Strong negotiation and communication skills, with the ability to manage complex tenant and vendor relationships.

· Proficiency in Yardi (preferred)

· Knowledge of local, state, and federal property management laws and regulations

Benefits:

· Salary Range: $130,000 - $150,000/year

· Medical, dental, and vision care

· 401(K) plans with matching company contributions

· Paid time off and company holidays

· 13 days of vacation, 5 sick days, and 2 PTO days

Feldman Ruel Urban Properties Advisors provides equal employment opportunities to all employees and applicants for employment without discrimination with regard to race, religious belief (including dress or grooming practices), color, sex, sex stereotype, pregnancy, childbirth or related medical conditions (including breast feeding), age, national origin, ancestry, sexual orientation, gender identification and expression, transgender status, physical or mental disability, medical condition, genetic characteristics, genetic information, family care, marital status, enrollment in any public assistance program, status as military, a veteran or qualified disabled veteran, status as an unpaid intern or volunteer, or any other classification protected by law. We also prohibit discrimination based on the perception that anyone has any of those characteristics or is associated with a person who has or is perceived as having any of those characteristics. In addition to federal law requirements, Feldman Ruel Urban Properties Advisors complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Job Type: Full-time

Pay: $130,000.00 - $150,000.00 per year

Benefits:

• 401(k) matching
• Dental insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift
• Overtime
• Weekends as needed

Application Question(s):

• Have you worked at or above the Regional Property Manager level? If so, how many years?
• Do you have any Commercial Property Management experience? If so, how many years?
• Do you have any Multi-Family Property Management experience? If so, how many years?

Education:

• Bachelor's (Preferred)

Ability to Commute:

• Bethesda, MD 20814 (Required)

Ability to Relocate:

• Bethesda, MD 20814: Relocate before starting work (Required)

Work Location: In person