Job Description Summary
*Candidate must be able to reliably commute to a Taylor Morrison Office in Orlando, Tampa Sarasota, Raliegh or Charlotte.
As a Regional Asset Manager (Build to Rent) working for Taylor Morrison’s Yardly Brand team you will manage and oversee the regional portfolio of properties managed by Taylor Morrison’s preferred third-party property management partners. You will be responsible for implementing the Yardly property management best practices playbook with our partners to ensure outstanding execution at each community. You will coordinate lease-up strategies with all Yardly and property management stakeholders overseeing lease-up budgets, working with marketing personnel, and monitoring pricing strategies to achieve timing objectives and position each community to achieve maximum exit valuations if sold.
Job Details
What You’ll Do
We trust that as a BTR Regional Asset Manager you will:
- Implement the Yardly playbook for each property and be a key set of eyes and ears in the field for the Yardly team
- Develop and coordinate regional and national initiatives with our property management partners to ensure consistency
- Ensure proper staff training, supervision and follow through is being executed by property management companies
- Supervise property management companies with feedback regarding staff performance and development
- Supervise facilities access and security protocols for residents and property management agents
- Participate in the development of resident programs and the development of consumer surveys
- Review and optimize budgets provided by the property management company seeking efficiencies to limit expenses and maximize net operating income
- Provide creative solutions and ideas that will help differentiate Yardly from competitors
- Provide guidance to local third-party property management teams to ensure proper resolution to all complaints and maintain a high-level of resident satisfaction
- Ensure proper compliance of property management standards with applicable laws
- Manage the preparation, establishment, and operation of project level legal entities
- Develop property marketing strategies including search engines and social media in conjunction with Yardly marketing personnel and outside partners
- Supervise all contracts entered into by a community and make sure a competitive bid process is being utilized
- Ensure proper maintenance, housekeeping and service standards are being executed by management companies that is inclusive of pools, clubhouse and fitness facilities
- Coordinate with appropriate operation teams on community needs or requests and timing of construction activities that impact lease-up
- Manage weekly calls with local Yardly operations teams and property management personnel
- Understand community technology partners and development timelines to ensure residents enjoy all associated benefits without delay
- Monthly analysis and review of property financial statements with summarized communication of results to senior management
- Coordinate with Acquisition, Purchasing and Accounting department on development proformas and forecasts
- Coordinate with Acquisition Department on due diligence reports for potential acquisitions
- Research local competition and provide rent rate guidance based on underwriting goals and overall company strategy
- Develop additional reporting tools as deemed necessary by management
- Assist with coordination of completed construction phase property turnovers to the property management company and potential asset sales to potential investor buyers
- Perform other duties as assigned
Sound Like You?
You might be just who we’re looking for if you have…
- Bachelor’s degree in Business or related field or meet the minimum requirement for number of years direct experience
- Minimum 5 years of experience in the multi-family housing industry in increasing levels of seniority and managerial oversight
- Lease-Up experience is preferred
- Ability to anticipate possible obstacles and propose favorable solutions
- Strong work ethic and commitment to implementation and execution
- Ability to travel periodically to view communities in-person
- Concise writing and public speaking/presentation skills are desirable
- Strong computer skills
- Strong negotiating skills
- Attention to detail
- Proven track record of leadership
FLSA Status: Exempt
Will have responsibilities such as:
- Interviewing and selecting third-party contractors
- Determining property staffing level
- Determining work techniques
- Planning the work
- Determining the types of equipment to be used in performing work, or materials needed
- Planning budgets for work
- Monitoring work for legal or regulatory compliance
- Providing for safety and security of the workplace
Essential Functions:
Successful job applicants will be able to perform these functions. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions.
- Report to Division/Corporate Office/Community daily as needed and adhere to schedule
- Ability to access, input, and retrieve information from a computer and/or electronic device
- Ability to have face to face conversations with customers, co-workers and higher level manager
- Ability to sit or stand for long periods of time and move around work environment as needed
- Ability to operate a motor vehicle if applicable
- Comply with company policies and procedure
Physical Demands:
- Must be able to able to remain in a stationary position up to 50% of the time
- The ability to frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds
*Taylor Morrison experience and/or successful completion of training program may override required education and/or experience requirement.
Job descriptions are not intended as, nor should be construed to be, exhaustive lists of all responsibilities, skills, efforts, or working conditions associated with a job. They are intended to be accurate reflections of those principal job duties and responsibilities essential for making fair pay decisions about the job.
Taylor Morrison is an equal opportunity employer. Taylor Morrison does not discriminate against any candidate or employee based on race, national origin, sex, marital status, sexual orientation, age, disability, religion, or veteran status.
Benefits of Working With Taylor Morrison
We are looking for dedicated professionals that share our values of putting the customer - and their needs - first. In addition to a great team atmosphere, career development and advancement opportunities, we offer full-time employees an extensive benefits package, to include:
- Competitive Compensation
- Health Care - Medical/Dental/Vision/Prescription Drug Coverage
- 401(k) with Company Matching Contributions
- Flexible Spending Accounts
- Disability Programs
- Employee & Dependent Life Insurance
- Vacation & Company Holidays
- Tuition Reimbursement
- Employee Home Purchase Rebate Program
- Home Mortgage Program
- Employee Assistance Program (EAP)