Portfolio Manager

PORTFOLIO MANAGER / MULTIFAMILY – SANTA BARBARA, CA

If you are a savvy industry professional, with a passion for developing people, and a love for all things multi-family, then The Towbes Group would like to consider you for our Portfolio Manager position.

Based in beautiful Santa Barbara, California, our company embodies a true entrepreneurial spirit as we work to create communities where people thrive.  We build homes, enhance lifestyles, and provide opportunities for those who call Towbes Group home.

Our other mission, which propels us each day, is to craft engaging work environments where our team members are empowered, and where teamwork is a trademark.

If you’re looking for a pace perfect, mindful career that rewards innovation and best in class performance, along the stunning coast of California, this role is for you.

The Role:

The Portfolio Manager has bottom-line responsibility for a multi-million dollar group of apartment communities on the central coast with the stated purpose of maximizing the value of the assets for the owner. 

As a leader, the Portfolio Manager will drive performance by mentoring, coaching, motivating, and modeling outstanding service and listening skills to a diverse team of professionals. 

Additionally, the role requires extensive interaction with owners, executives, and corporate team members advancing the goals of the organization. The role requires extensive knowledge of budgeting, capital projects, cost maintenance, income generation, personnel practices, landlord/tenant law, and financial analysis.

What You Will Do:

• Identify community goals and objectives
• Partner with Community Managers on yearly operating budgets, sales/marketing efforts, and staff development plans
• Implementation of effective cost control, revenue maximization, and delinquency management measures
• Effectively maximize rental and ancillary income
• Ensure all required weekly, monthly, and quarterly reports are completed accurately and promptly
• Train and motivate Associates to achieve leasing, service, and capital improvement goals
• Maintain product knowledge of the Towbes portfolio and that of major competitors
• Identify and implement new revenue streams
• Identify policies and procedures required to achieve community and ownership goals
• Participate in the hiring and training of all new team members in conjunction with the training manager and human resources

What You Will Need to Succeed:

• CPM or CAPS preferred
• 4+ years of experience as a multi-property manager
• BA in a related Business preferred
• Yardi Voyager and CRM experience or similar software preferred
• Advanced budgeting and operations knowledge
• Comprehension of legal responsibilities of the properties
• Exceptional organizational skills, communication, and attention to detail
• A self-starter with a proven track record of mentoring and modeling professional property management acumen to your teams
• Passion for property management

What You Will Receive:

• A great team!
• An extraordinary and innovative culture
• A professional and upbeat work environment
• True work-life balance
• Attractive compensation
• Professional development reimbursement
• Generous paid time off
• Medical, dental, and vision coverage
• A generous 401k program with company match
• Housing discounts

The Portfolio Manager will spend part of their day in office environments, analyzing documents, and working with on-site teams to assess issues and determine strategies.  You will be required to frequently travel among the residential communities for which you are responsible, meeting with staff and related parties to assure the physical integrity of the asset. 

A clean DMV record, proof of vehicle insurance, background check, and pre-employment drug test will also be required. If you are an enthusiastic property management professional, enjoy a team-oriented environment, this may be the position for you!

The Towbes Group is an Equal Opportunity/Affirmative Action Employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.