What are the responsibilities and job description for the Regional Property Manager position at Gray Capital LLC?
Gray Residential manages multifamily communities across the Midwest, and we’re growing. But growth only works if the people closest to our residents and our teams actually want to be here — and stay here. That starts with leadership. We’re looking for a Regional Manager who treats the job as half operator, half builder of people, and who’s honest enough to tell us when something isn’t working.
What this role actually is
You’ll oversee a portfolio of communities and the site teams that run them. NOI is the number that matters most — occupancy, renewals, expense discipline, revenue growth. But NOI is a lagging indicator of something else: strong teams, and team members who stick around long enough to get good at their jobs. That’s where your real work lives. Build the teams, and the numbers follow.
On the operational side, you’ll work in the full RealPage suite (BI, Asset Optimization, CRM) alongside a growing set of custom tools we’re actively building in-house to complement it. We’re not interested in running on industry-standard software with industry-standard results — we’re building what RealPage doesn’t give us, and you’ll have a voice in shaping those tools as we go.
The team you’re building: sales managers, leasing consultants, and facilities teams. Their growth and retention is your scorecard, and it’s how we get to the NOI we’re after.
You’ll report to our SVP of Property Management and work shoulder-to-shoulder with senior leadership. There’s real runway here to shape how we operate as we scale across the Midwest.
What we’re looking for
We’re less interested in a checklist and more interested in a pattern. The people who do well here tend to share a few things in common:
o They’ve built teams, not just managed them. They can point to specific people they’ve developed, promoted, and helped grow into bigger roles.
o They have a genuine interest in the humans on their team — what they want out of their career, what’s in their way, what kind of training and coaching actually moves the needle for them.
o They bring energy into a room instead of pulling it out. Positive, steady, and direct — not performative.
o They’ve worked in multifamily long enough to know the playbook (10 years in the industry, 5 leading teams), and long enough to know which parts of that playbook are due for a rewrite.
o They’re comfortable with data and technology, and they learn new tools quickly. You don’t have to be a RealPage power user on day one, but you do have to be the kind of person who leans into tools rather than working around them — and who gets up to speed fast when we put something new in front of you.
o They live in or near Central Indiana and are willing to be in the field regularly. This is a hybrid role, but our properties and our people aren’t virtual.
What you can expect from us
o A leadership team that actually wants to hear what you think.
o Investment in training, systems, and the things your teams need to do their jobs well.
o A growing portfolio and a real seat at the table as we expand.
o Straight answers about comp, expectations, and how we measure success.
If you’ve spent the last few years feeling like multifamily could be run better — by people who care about their teams, not just their occupancy reports — we’d like to talk.
Gray Residential is an Equal Opportunity Employer
Salary : $5 - $10