Senior Vice President Of Property Management

We are looking for a Senior Vice President (SVP) of Property Management to join our Home Office Team in Bloomington, MN.

At Timberland Partners, the SVP of Property Management is a high-level executive role responsible for the strategic direction, operational oversight, and financial performance of a significant real estate portfolio. This position involves leading teams and collaborating with other senior stakeholders to ensure the company's overall objectives are met.

Timberland Partners is a premier real estate investment and management company that specializes in the acquisition, ownership, and management of multifamily properties throughout the United States. Timberland Partners owns and manages 92 apartment communities (21,000+ units) across 18 states. We pride ourselves on being long term owners of the real estate we acquire and we only manage the properties we own, we do not do any third party management.

Responsibilities:

(include, but are not limited to)

• Strategic Leadership and Planning:

• Develop and execute property management strategies aligned with the company's financial and business objectives.

• Set performance goals for the property management division, various regions, and individual properties.

• Collaborate within a cross-functional team and contribute to overall organizational strategic planning and decision-making.

• Conduct market analyses to adapt strategies and enhance competitiveness.

• Portfolio Management & Operations Oversight:

• Oversee the entire property management portfolio which consists of residential (multi-family, primarily market rate) properties across 18 states.

• Ensure efficient, economical, and customer service-driven operations across all properties.

• Manage the oversight of daily operations including resident relations, lease and revenue management, property maintenance, training, and resident services.

• Implement best practices and drive consistency in operations across the portfolio.

• Monitor key metrics such as occupancy levels, financial performance, lease enforcement, and receivables.

• Oversee the successful onboarding of new properties and the disposition of properties being sold.

• Financial Management:

• Oversee annual budget preparations and submissions to ensure the department operates within established goals.

• Manage comprehensive budgets including income, operating expenses and capital expenditures, to ensure profitability and cost-efficiency.

• Analyze financial reports, prepare forecasts, and provide regular updates to senior leadership and investors.

• Identify trends and recommend strategies for revenue maximization and cost control.

• Team Leadership and Development:

• Lead, mentor, and develop a high-performing property management team, including Regional Vice Presidents, Regional Managers, Community Managers, and maintenance teams.

• Carry out supervisory responsibilities such as interviewing, hiring, training, performance appraisals, and disciplinary actions.

• Foster a collaborative and high-excellence culture within the team.

• Ensure effective communication and coordination among property management staff and other departments.

• Compliance and Risk Management:

• Ensure compliance with all local, state, and federal regulations related to property management (e.g., Fair Housing, HUD, LIHTC).

• Monitor critical timelines for program compliance and contract expirations.

• Oversee regulatory agency and lender inspections, benchmarking, and reporting.

• Develop and implement risk assessment and control measures, focusing on safety and best practices.

• Vendor and Contract Management:

• Negotiate and manage contracts with vendors to secure advantageous terms.

• Ensure contracts are in place for preventative and ongoing maintenance.

• Team Member, Partner, Vendor, and Stakeholder Relations:

• Act as a spokesperson for the organization, communicating its mission, objectives, and value to the community.

• Ensure ongoing development of meaningful and enduring relationships.

Travel: This role requires up to 15% travel, with the remainder of the time spent on-site at the Timberland Partners Home Office in Bloomington, MN.

Minimum Qualifications:

• Bachelor's or Master's degree in Business Administration, Real Estate, Finance, or a related field.
• Minimum of 10-15+ years of progressive experience in property management, with a significant portion in a leadership or executive role overseeing a large-scale portfolio.
• Proven ability to lead, motivate, and manage diverse teams effectively.
• Strong understanding of financial statements, budgeting, forecasting, and the ability to drive profitability.
• In-depth knowledge of property management operations, including leasing, maintenance, resident relations, and regulatory compliance.
• Ability to develop and execute long-term strategies, analyze data, and make data-driven decisions.
• Excellent written and verbal communication, negotiation, and interpersonal skills.
• Strong analytical and problem-solving abilities to address complex operational and strategic challenges.
• Familiarity with property management software (e.g., Yardi), Google and Microsoft Office Suites.
• Certified Property Manager (CPM) or other relevant industry certifications a plus.
• Ability to work independently, manage multiple priorities, and thrive in a demanding environment.

Benefits & Perks:

• Competitive Pay + opportunity for incentive/bonus pay
• Paid Time Off and Paid Holidays
• 401K with Company Match
• Health Insurance (Company Paid Option), Dental, and Vision
• Company Paid Life Insurance
• Short Term Disability
• Health Savings Account (HSA) & Flexible Spending Account (FSA)
• Company Paid Long Term Disability
• Rent Discount
• Career Development Program & Advancement Opportunities
• Educational Assistance
• Referral Bonus Program
• Vendor Discounts
• Employee Assistance Program (EAP)
• One Company Culture: we all come from different backgrounds and bring a variety of unique experiences to the table. It is that diversity of perspectives and opinions that drive us to be better. Working together is what drives us forward!

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. Employment offers are contingent upon successful completion of a background check.