Senior Vice President Of Residential Operations

We're currently seeking a Senior Vice President of Residential Operations for our Residential Multi-Family portfolio.

This position will work out of our corporate headquarters in Piscataway, NJ.

• Participate in Lease-Up asset team meetings with all functional groups.
• Review all floorplans and blueprints to ensure all applicable and desired design elements, amenities, work areas, and clubhouse functions are captured by the architects.
• Conduct market research/analyses and determine who the comps are; set and position community and rents accordingly against the competitors.
• Ensure all business decisions by the properties align with company policies and procedures; enforcement of Edgewood Properties’ Standard Operating Policies and Procedures
• Marketing/Promotional events
• Review all market surveys at a minimal on a monthly basis to ensure opportunities to increase market rents are identified and taken; review monthly renewal increase strategies and make recommendation to Ownership
• Oversight of all event planning from Marketing and the site teams such as:
  • Community Grand Opening and Ribbon Cutting Ceremony
  • Marketing/Promotional events
  • Special broker and open house events
• Community Grand Opening and Ribbon Cutting Ceremony
• Determine who the targeted renter and renter profile is prior to preparing the proforma, taking into consideration who the comps are.
• Ensure all targeted milestones and leasing & occupancy goals are met.
• Assume direct responsibility for Residential’s P&L; prepare annual budgets and review monthly variance reports for each community to ensure achievement of budgeted revenue expectations and operating expenses are controlled and within stated budgets.
• Instill a sense of operational excellence, pride and teamwork amongst all employees by establishing and executing on a vision and set of principles that drive all aspects of operations.
• Responsible for conduction of interviews, hiring, training, coaching and development of all personnel; create engaged associates through motivation and inspiration.
• Lead all operation efforts as it relates to opening new multi-family rental communities.
• Ensure all state and local housing violations are addressed and rectified/abated per requirement.
• Ensure Residential Marketing is supporting all company initiatives and Residential goals
• Ensure each community passes their quarterly “Neat, Clean and Working” audits with score of 90 or better; all community appearance and maintenance deficiencies are addressed in a timely manner per Company’s guideline.
• Ensure “best-in-class” service is delivered to all residents and prospective residents; enforce compliance of “E.D.G.E customer service promise”.
• Special broker and open house events
• Collaborate with Construction, Engineering, Design, Marketing, Accounting and Maintenance to manage all aspects of bringing a new community on line.
• Manage and coordinate all marketing and advertising efforts by working alongside the marketing team.
• Prepare lease-up plan and leasing goals which are realistic based on absorption schedule from Construction.
• Ensure each property’s on-line reputation management is a focus and overall rating is at a “4” or higher.
• Propose unit mixes and amenity programming based on market research and our targeted renter profile.

• Must possess ability to read and interpret architectural drawings
• Must possess great organization skills and ability to prioritize work
• Relevant product and industry knowledge in luxury multi-family residential experience in New Jersey, Florida and California (preferred)
• Prior minimum 5 years’ experience in a senior executive level with an established multi-family property management company, owner or operator.
• Experience with Proforma and budgets creation and analysis
• Proven experience in customer and market research
• Must possess great business acumen
• Bachelor degree required
• Experience in all aspects of developing and maintaining marketing strategies as it pertains to lease-ups
• Knowledge of NJ and Florida housing laws and requirements
• Experience opening at least 5 luxury lease-ups, preferably in the NJ market
• Talent management experience as it relates to recruitment, hiring and training of staff

In return, we offer competitive compensation, along with comprehensive benefits, including medical and dental and vision benefits, life insurance,

a 401(k) with company match and a corporate team environment with opportunity of advancement. Also includes on-site company fitness gym, discounts on housing and home appliances.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.