Area / Regional Property Manager

Fergmar is seeking an experienced Area / Regional Property Manager to oversee our Multifamily / Commercial Property Management Team in Victoria, TX and surrounding areas. With over 700 directly owned and managed doors, we're looking for a leader to drive revenue, maintain properties, and build strong tenant relationships in our unique, non-metropolitan market.

Location: Victoria, TX - Local/regional applicants preferred Experience in similar-sized markets or non-metropolitan areas is highly valued.

Your responsibilities will include:

Revenue Maximization and Occupancy Management:

• Develop and execute strategies to optimize revenue and occupancy rates
• Analyze and respond to local market trends specific to Victoria, TX and surrounding areas
• Collaborate with marketing to effectively promote properties

Financial Oversight and Budget Management:

• Lead budgeting and financial planning for all properties
• Monitor and control expenditures, approving major expenses
• Oversee implementation of approved Capital Expenditures
• Analyze financial reports to drive performance improvements

Team Leadership and Development:

• Guide and support Community & Portfolio Managers
• Oversee maintenance activities, ensuring efficient unit turnovers within budget
• Conduct performance reviews and identify team training needs
• Foster a collaborative, high-performing work environment

Policy and Procedure Management:

• Ensure compliance with company policies across all properties
• Perform regular audits and implement improvements
• Refine policies to enhance operational efficiency

Client and Partner Communication:

• Act as primary contact for upper management and external partners
• Deliver regular reports on property performance and operational status
• Resolve escalated issues and conflicts

This position offers an opportunity to play a key role in a growing, scaling organization with the chance to influence company direction. The ideal candidate will have a strong background in property management, particularly in markets similar to Victoria, TX, and a proven track record of maximizing revenue while controlling expenses.

Requirements

• Proven track record in revenue maximization and expense control within multifamily or commercial property management
• Minimum 5 years experience as a Property Manager or in a similar regional role overseeing multiple communities and types of properties
• Demonstrated success in leading and managing teams to achieve financial targets
• Strong financial acumen with experience in budget creation, analysis, and performance tracking
• Expertise in implementing strategies to increase occupancy rates and rental income
• Proficiency in controlling operational costs without compromising property quality or tenant satisfaction
• Experience in performance management, including setting and monitoring KPIs for staff
• Excellent negotiation skills, particularly in vendor management and contract negotiations
• Ability to analyze market trends and adjust strategies to maintain competitive advantage
• Strong problem-solving skills, especially in addressing issues that impact property profitability

Benefits

• Base salary of $60,000 annually
• Performance-based bonus target of $15,000 annually
• Fuel and travel allowances provided
• Comprehensive Health Care Plan (Medical, Dental & Vision) with company contribution
• Retirement Plan (401k with Employer Matching)
• 100% match on the first 3% of contributions, increasing annually
• Optional Short-Term & Long-Term Disability coverage
• Paid Time Off (Vacation, Sick & Holidays)
• Life Insurance (Basic, Voluntary & AD&D)
• Ongoing Training & Development opportunities
• Additional Benefits:
• Hands-on role in a growing, scaling organization
• Opportunity to influence company direction and strategy
• Dynamic work environment fostering professional growth
• Supplemental insurance options available