Residential Portfolio Manager

Farbman Group
  • Detroit, MI
    30+ days ago

    Job Description

    Farbman Group is seeking a skilled Residential Portfolio Manager to oversee the performance and management of our residential property portfolio. This role involves strategic planning, operational oversight, and team leadership to ensure the delivery of exceptional living experiences and maximize portfolio profitability. Properties may be spread across a large region, so occasional travel between sites may be required.

    Responsibilities:

    · Manage multiple residential properties, ensuring operational excellence and high resident satisfaction.

    · Develop and oversee budgets, forecast financial performance, and implement cost control measures.

    · Lead, mentor, and support property management teams across the portfolio.

    · Ensure compliance with all regulatory requirements and company policies.

    · Drive marketing and leasing strategies to achieve occupancy and revenue goals.

    · Analyze market conditions and adjust strategies to maximize asset value.

    · Prepare and present regular reports on portfolio performance to senior management.

    · Collaborate with maintenance, leasing, and financial teams to optimize property operations.

    Requirements

    · Bachelor’s degree in business, Real Estate, or related field preferred.

    · 5+ years of experience in residential property management or portfolio management.

    · Proven leadership skills with experience managing multiple property management teams.

    · Strong financial acumen with experience in budgeting, forecasting, and financial analysis.

    · Excellent communication, negotiation, and interpersonal skills.

    · Proficiency with property management software and Microsoft Office suite.

    · Ability to manage multiple priorities and work in a fast-paced environment.

    Benefits

    • Medical insurance
    • Dental insurance
    • Vision insurance
    • Life insurance
    • Flexible spending account
    • Employee assistance program
    • Paid time off
    • Parental leave
    • 401(k) plus match

    Numbers & Facts

    LocationDetroit, MI

    Skills

    • Budget Managementunmatched
    • Budgetingunmatched
    • Commercial Real Estateunmatched
    • Communication Skillsunmatched
    • Corporate Policiesunmatched
    • Cost Controlunmatched
    • Financial Analysisunmatched
    • Forecastingunmatched
    • Interpersonal Skillsunmatched
    • Investment Managementunmatched
    • Leadershipunmatched
    • Leasingunmatched
    • Maintain Complianceunmatched
    • Market Analysisunmatched
    • Marketing Strategyunmatched
    • Meet Sales Quotaunmatched
    • Mentoringunmatched
    • Microsoft Officeunmatched
    • Multitaskingunmatched
    • Negotiation Skillsunmatched
    • Operational Strategyunmatched
    • Performance Analysisunmatched
    • Performance Managementunmatched
    • Profit & Lossunmatched
    • Property Maintenanceunmatched
    • Property Managementunmatched
    • Regulatory Complianceunmatched
    • Regulatory Requirementsunmatched
    • Residential Real Estateunmatched
    • Strategic Planningunmatched
    • Team Lead/Managerunmatched

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