Regional Manager

The Skills This Role Is Built On

Regional property management is where financial acumen, people leadership, and operational discipline converge at scale. At Asset Living, one of the largest third-party management firms in the country (ranked in the NMHC top 50), a Regional Manager oversees a full portfolio of communities across the Portland, OR market. The skills you'll draw on most heavily here are budget ownership, staff development, and the ability to read a property's performance data and translate it into action. If you've spent time as a Community Manager and want to understand how decisions look from above the site level, this role builds exactly that perspective.

What You'll Own Across the Portfolio

The scope is broad by design. On the financial side, you'll develop annual operating budgets, track NOI performance, and provide written analysis when income or expense line items drift from forecast. You'll monitor rent collections, reconcile deposits, approve vendor invoices, and ensure ownership reporting is accurate and on time. Capex planning falls to you as well: identifying capital improvement needs, reviewing bids, and checking work in progress at each site.

On the personnel side, you're the hiring authority and development engine for on-site staff. That means screening and hiring Community Managers, coaching underperformers through documented corrective processes, approving timesheets, and signing off on salary requests before they move up the chain. The expectation is consistency: Asset Living operates across multifamily, affordable housing, build-to-rent, and student housing, and the company relies on Regional Managers to apply policy uniformly across diverse asset types.

Leasing strategy is also your responsibility. You'll build annual marketing plans, evaluate whether on-site leasing techniques are producing traffic and closure, and step in on resident retention when occupancy or satisfaction trends in the wrong direction. Regular property inspections keep you close to the physical condition of each asset, even as your primary office is off-site.

Where This Role Leads and What Sets Strong Candidates Apart

Regional Manager is one of the clearest stepping stones in multifamily toward a Senior Regional, Vice President of Operations, or Director of Asset Management role. The skills that compound here include reading a T-12 and spotting where a property is underperforming relative to its market, building management bench strength through deliberate coaching, and knowing when to escalate versus when to solve problems at the site level. Those are exactly the capabilities that VP-level hiring managers look for.

What separates strong candidates from average ones in this specific role is the ability to hold site teams accountable without micromanaging them. Asset Living's portfolio spans multiple housing categories and operates at scale, so a Regional who needs to be physically present to drive results will struggle. The candidates who thrive here are comfortable analyzing monthly financials, having direct performance conversations, and then trusting their teams to execute between visits. Prior experience managing a portfolio of at least three to five properties, with direct P&L accountability, is the baseline. Experience across mixed asset types (Class B or C multifamily alongside affordable or build-to-rent) is a meaningful advantage in Asset Living's context specifically.

• Demonstrated experience managing community-level staff through hiring, coaching, and corrective action
• Hands-on budget development and NOI management across multiple properties
• Familiarity with third-party management reporting standards and owner communication
• Working knowledge of fair housing compliance and risk management protocols
• Strong written communication skills for monthly financial narratives and ownership reports

Asset Living's AMO accreditation through IREM signals a commitment to professional standards that shapes how the company expects its Regional Managers to operate. If you want a platform where portfolio size and asset diversity will push your skills further than a single-owner operation typically can, this is a realistic fit.