Regional Manager

What You'll Actually Do

This Regional Manager role at Asset Living puts you in charge of a portfolio of multifamily communities in the Walnut Creek area, operating as an offsite leader who owns outcomes across every major function: people, leasing, maintenance, financials, and compliance. Day to day, that means reviewing T-12s and variance reports, coaching Community Managers through delinquency spikes or occupancy dips, approving capex proposals, and making sure make-ready timelines don't quietly erode your NOI. You're the person who catches a trend in the T-3 before it becomes a problem in the monthly owner report.

On the personnel side, you'll carry full hiring and termination authority, run performance documentation through HR, approve timesheets, and sign off on salary adjustment requests. You're also building yearly operating budgets for each site, developing marketing plans to drive traffic and protect occupancy, and monitoring vendor contracts and work-in-progress on larger projects. When a property emergency surfaces at 11pm, your team looks to the protocols you've set.

What You Bring

• Demonstrated experience managing a portfolio of multifamily properties, ideally across Class B or Class C garden-style communities
• Comfort reading financial statements and writing meaningful variance explanations for ownership
• A track record of developing on-site staff, not just directing them
• Working knowledge of fair housing regulations and risk management practices
• Experience with lease-up strategy, resident retention programs, and concession management
• Familiarity with third-party management reporting expectations and owner communication cadences

Where This Role Fits in a Career Arc

Regional Manager is the role where property management careers either plateau or accelerate. The skills you build here, reading a portfolio's financial health at a glance, developing managers who can operate independently, translating owner priorities into site-level execution, are exactly what Vice President and SVP roles require. Asset Living operates across multifamily, single-family rentals, affordable housing, build-to-rent, and student housing, which means a strong Regional Manager here has genuine exposure to asset classes that most operators never touch in a single company. That breadth matters when you're ready for a senior leadership role, whether inside Asset Living or elsewhere in third-party management.

One honest note: the Walnut Creek and broader East Bay market is competitive on both the talent and leasing sides. Retaining solid site staff takes real effort given wage pressure in the Bay Area, and owners in this market tend to be sophisticated and attentive to their financials. The Regional Managers who thrive here are the ones who communicate proactively with ownership rather than reactively, and who build site teams capable of executing without constant oversight. If that's the kind of operator you are, this is a role worth pursuing seriously.